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Speed Racer Revs Its Way into IMAX(R) Theatres on May 9, 2008

LOS ANGELES, May 8 PRNewswire-FirstCall - IMAX Corporation and Warner Bros. Pictures announced today that Speed Racer, the new live-action film from the creators of The Matrix trilogy, will open in North America on 84 IMAX screens on May 9, 2008, simultaneously with the movie's wide release. The picture will also open internationally in 26 IMAX(R) theatres during the days and weeks following the domestic launch.

Speed Racer has been digitally re-mastered into the unparalleled image and sound quality of The IMAX Experience(R) with IMAX DMR(R) (Digital Re-mastering) technology. Warner Bros. Pictures will be the exclusive distributor of the film to IMAX theatres worldwide.

"In IMAX theatres, audiences can experience the next best thing to actually sitting in the driver's seat during this high-speed adventure," said Dan Fellman, President of Domestic Distribution at Warner Bros. Pictures. "The riveting action and stunning special effects make it an ideal fit for IMAX's format."

"Speed Racer has all the elements for a powerful IMAX experience, with its broad appeal and spectacular effects," said Veronika Kwan-Rubinek, President of International Distribution, Warner Bros. Pictures. "We are excited to be exhibiting the film internationally in this unique format."

"With up to 14,000 watts of digital surround sound and crystal clear, larger-than-life images, this movie looks and sounds amazing in IMAX, and we're very excited to give Speed Racer fans a premium way to experience this incredible thrill ride," added Greg Foster, Chairman and President of IMAX Filmed Entertainment. "Warner Bros. Pictures, the Wachowski brothers and Joel Silver have once again created an edge-of-your-seat adventure that is ideally suited for The IMAX Experience."

About Speed Racer

From the Wachowski brothers and producer Joel Silver, creators of the groundbreaking "The Matrix" trilogy, comes the high-octane, live-action family adventure "Speed Racer," which follows the adventures of the young racecar driver Speed (Emile Hirsch) in his quest for glory in his thunderous Mach 5. The Wachowski brothers directed "Speed Racer" from their own screenplay. Joel Silver, Grant Hill, Andy Wachowski and Larry Wachowski are the producers, with David Lane Seltzer, Michael Lambert and Bruce Berman serving as executive producers. The film stars Emile Hirsch, Christina Ricci, John Goodman, Susan Sarandon, Matthew Fox, Benno Furmann, Hiroyuki Sanada, Asian pop superstar Rain, and Richard Roundtree. Based on the classic series created by anime pioneer Tatsuo Yoshida, the live-action "Speed Racer" will showcase the kind of revolutionary visual effects and cutting-edge storytelling that have become the benchmarks of the Wachowski brothers' films. "Speed Racer" is a Warner Bros. Pictures presentation, in association with Village Roadshow Pictures, of a Silver Pictures Production, in association with Anarchos Productions. This film is rated PG. www.speedracerthemovie.com

Speed Racer: The IMAX Experience is scheduled to play day-and-date at the following IMAX(R) Theatres beginning May 9th.

UNITED STATES ——————- Arizona Mesa - Gateway 12 IMAX Theatre Phoenix - IMAX Theatre at AMC Deer Valley 24 California Cathedral City - Desert IMAX Theatre Dublin - Regal Hacienda Crossings IMAX Fresno - Fresno Stadium Cinema & IMAX Irvine - Edwards Irvine Spectrum IMAX Los Angeles - Universal CityWalk IMAX Theatre Los Angeles - IMAX Theatre at The Bridge: cinema de lux Ontario - Edwards Ontario Palace IMAX San Diego - San Diego IMAX at Mira Mesa 18 San Francisco - AMC Loews IMAX Theatre at Metreon Colorado Colorado Springs - Cinemark IMAX Theatre at Cinemark Carefree Circle Denver - UA Colorado Center IMAX Connecticut Manchester - IMAX Theatre at Showcase Cinemas Buckland Hills Florida Orlando - Pointe Orlando 20 & IMAX St. Petersburg - Muvico BayWalk 20 & IMAX Tampa - Channelside Cinemas IMAX West Palm Beach - Parisian 20 & IMAX Georgia Buford - Regal Mall of Georgia IMAX Idaho Boise - Edwards Boise Stadium IMAX Illinois Batavia - Randall 15 IMAX Chicago - Navy Pier IMAX Theatre Lincolnshire - Regal Lincolnshire IMAX Woodridge - Cinemark IMAX Theatre at Seven Bridges Indiana Evansville - Showplace Cinemas IMAX Theatre Indianapolis - ShowPlace 16 IMAX Theatre Noblesville - Hamilton Towne Center 16 + IMAX Portage - Portage 16 IMAX Iowa Council Bluffs - Star Cinemas Council Bluffs Kansas Olathe - IMAX Theatre at AMC Studio 30 Kentucky Louisville - Cinema De Lux 20: Stonybrook IMAX Theatre Massachusetts Natick - Verizon IMAX 3D Theater at Jordan's Furniture - Natick Reading - Verizon IMAX 3D Theater at Jordan's Furniture - Reading Michigan Dearborn - The Henry Ford IMAX Theatre Grand Blanc - NGC Trillium IMAX Theatre Grand Rapids - IMAX Theatre at Celebration! Cinema Lansing - IMAX Theatre at Celebration! Cinema Sterling Heights - IMAX Theatre at AMC Forum 30 Ypsilanti - Showcase Cinemas Ann Arbor Minnesota Apple Valley - Great Clips IMAX Theatre St. Michael - CineMagic Metropolitan IMAX Theatre Missouri St. Louis - Ronnies 20 Cine IMAX Nevada Las Vegas - Brenden Theatres and IMAX at the Palms Casino Resort Las Vegas - Red Rock Stadium 16 & IMAX New Hampshire Hooksett - Cinemagic IMAX Theatre New Jersey Atlantic City - IMAX Theatre at Tropicana Casino New York Garden City - Leroy R. and Rose W. Grumman IMAX Dome Theater New York City - AMC Loews IMAX Theatre, Lincoln Square New Rochelle - Regal New Roc City IMAX Rochester - Cinemark IMAX Theatre at Tinseltown USA West Nyack - IMAX Theatre at Palisades Center White Plains - IMAX Theatre at City Center: Cinema de lux Williamsville - Regal Transit Center IMAX North Carolina Charlotte - Charlotte Observer IMAX Dome Theatre, Discovery Place Raleigh - Wachovia IMAX Theatre at Marbles Kids Museum Ohio Cincinnati -Cinema De Lux 18: Springdale IMAX Theatre Columbus - IMAX Theatre at AMC Easton Town Center 30 Oklahoma Tulsa - Cinemark IMAX Theatre at The Tulsa Oregon Tigard - Portland IMAX at Bridgeport Village Stadium 18 Pennsylvania Harrisburg - Select Medical IMAX Theater at The Whitaker Center King of Prussia - UA King of Prussia IMAX Tarentum - Cinemark IMAX Theatre at the Galleria Pittsburgh Mills Rhode Island Providence - Feinstein IMAX Theatre Providence Place Tennessee Knoxville - Pinnacle 18 Complex at Turkey Creek Nashville - Regal Opry Mills IMAX Texas Dallas - Cinemark IMAX Theatre at Cinemark 17 Houston - Edwards Marq(x)E IMAX Houston - Silverado Station 18 IMAX San Antonio - Palladium IMAX Theatre Utah Sandy - Megaplex 17 IMAX at Jordan Commons Virginia Chantilly - Steven F. Udvar-Hazy Center IMAX Theater Hampton - Riverside 3D IMAX Theater at the Virginia Air & Space Center Washington Seattle - Pacific Science Center Boeing IMAX Theater Wisconsin Fitchburg - Star Cinema IMAX CANADA ——— Alberta Calgary - Scotiabank Theatre Chinook Edmonton - Scotiabank Theatre West Edmonton Mall British Columbia Langley - Cineplex IMAX Theatre, Colossus Langley Richmond - Cineplex IMAX Theatre, SilverCity Riverport Nova Scotia Halifax - The Empire IMAX in Bayers Lake Ontario Mississauga - Cineplex IMAX Theatre, Coliseum Mississauga Ottawa - Cineplex Entertainment IMAX Theatre, SilverCity Gloucester IMAX Theatre Toronto - Cineplex IMAX Theatre, Scotiabank Theatre Toronto Woodbridge - Cineplex Entertainment IMAX Theatre, Colossus Woodbridge Quebec Montreal - Cineplex Entertainment IMAX Theatre, Scotiabank Theatre Montreal INTERNATIONAL ——————- Argentina Buenos Aires - IMAX Center Norte Ecuador Guayaquil - Fundacion Malecon 2000 Guatemala Guatemala City - Pradera Concepcion Hong Kong Kowloon - UA MegaBox IMAX Theatre Israel Haifa - IMAX Kiryon at GlobusMax Kiryon Korea Ilsan - CGV Ilsan Pusan - CGV Seomyun IMAX Seoul - CGV Yongsan Mexico Mexico City - Cinepolis IMAX Theatre Perisur Mexico City - Cinepolis IMAX Theatre Universidad Netherlands Amsterdam - Pathe Arena New Zealand Auckland - SKYCITY IMAX Theatre Queen Street Philippines Manila - San Miguel Coca-Cola IMAX Theatre South Africa Durban - Gateway IMAX Theatre Pretoria - Menlyn IMAX Theatre Spain Barakaldo - Yelmo Cines Megapark Malaga - Yelmo Cines Plaza Mayor Oviedo - Yelmo Cines Los Prados Taiwan Taipei - Samsung IMAX Miramar Cinemas Turkey Ankara - IMAX Odeon Cineplex Istanbul - AFM IMAX Istinye Park UK Birmingham - IMAX Theatre at Millennium Point Bradford - IMAX National Media Museum Glasgow - Glasgow Science Centre IMAX Cinema London - BFI London IMAX Cinema Manchester - ODEON IMAX Cinema Manchester @ The Printworks

Additional theatres will be confirmed. Please check local listings or IMAX.com for final theatre listings, launch dates and showtimes.

About IMAX Corporation

IMAX Corporation is one of the world's leading digital entertainment and technology companies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event Hollywood films around the globe, with IMAX theatres delivering the world's best cinematic presentations using proprietary IMAX, IMAX 3D, and IMAX DMR technology. IMAX DMR is the Company's groundbreaking digital remastering technology that allows it to digitally transform virtually any conventional motion picture into the unparalleled image and sound quality of The IMAX Experience. IMAX's renowned projectors and new digital systems display crystal-clear images on the world's biggest screens. The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of December 31, 2007, there were 299 IMAX theatres operating in 39 countries.

IMAX(R), IMAX(R) 3D, IMAX DMR-, IMAX MPX-, and The IMAX Experience(R) are trademarks of IMAX Corporation. More information on the Company can be found at www.imax.com.

This press release contains forward looking statements that are based on management's assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. Important factors that could affect these statements include ongoing discussions with the SEC and OSC relating to their ongoing inquiries, the timing of theatre system deliveries, the mix of theatre systems shipped, the timing of the recognition of revenues and expenses on film production and distribution agreements, the performance of films, the viability of new businesses and products, risks arising from potential material weaknesses in internal control over financial reporting and fluctuations in foreign currency and in the large format and general commercial exhibition market. These factors and other risks and uncertainties are discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2007.

SOURCE IMAX Corporation

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