| ADDRESS: | 45 Charles St. East Toronto, Ontario M4Y 1S2 |
| GENERAL ENQUIRIES: | 416-960-8509 |
| MARKETING CONTACT: | Victoria Dinnick, Manager, Media, Public and Investor Relations |
| TEL: | 416-960-4366 |
| FAX: | 416-960-8596 |
| e-mail: | vdinnick@imax.com |
| BUSINESS DEVELOPMENT CONTACT: | Christian Jorg, Sr. Vice President Business Affairs and Development |
| TEL: | 416-960-4351 |
| FAX: | 416-960-8556 |
| e-mail: | cjorg@imax.com |
| MAIN BUSINESS ACTIVITIES: | N/P |
| EMPLOYEES: | [ 100 - 1000 ] |
| ANNUAL INCOME: | [ > $10M ] |
| YEARS IN BUSINESS: | 19 |
| STOCK SYMBOL/MARKET: | IMX - TSE; IMAXF - NASDAQ |
| MISSION STATEMENT: | At the heart of the Imax vision lie three qualities: a commitment to our customers and shareholders, a commitment to excellence and a commitment to delivering the best entertainment experiences through new technologies. |
| ACTIVITIES / PRODUCTS/ FACILITIES / SERVICES: |
HistoryIMAX premiered at the Fuji Pavilion, EXPO '70 in Osaka, Japan. The first permanent IMAX projection system was installed at Ontario Place's Cinesphere in Toronto in 1971. IMAX Dome (OMNIMAX) debuted at the Reuben H. Fleet Space Theatre in San Diego in 1973.In March of 1994, the sale of Imax by the original partners was finalized to Brad Wechsler, Rich Gelford, Douglas Trumbull and Wasserstein Perella Partners. Imax was also merged with Douglas Trumbull's Ridefilm Corporation. In June 1994, Imax was taken public on the NASDAQ stock exchange providing Imax with the capitalization necessary to take advantage of numerous growth opportunities.
TechnologyImages of unsurpassed size, clarity and impact by a superb specially-designed six-channel, multi-speaker sound system, are projected onto giant rectangular screens, up to eight storeys high, in the case of IMAX, and in the case of IMAX(r) Dome (OMNIMAX(r)) onto domes as large as 90 feet (30 metres) in diameter.The IMAX image is ten times larger than a conventional 35 mm frame and three times bigger than a standard 70 mm frame. The sheer size of an IMAX film frame, combined with the unique IMAX projection technology, is the key to the extraordinary sharpness and clarity of an IMAX film. IMAX projectors are the most advanced, highest-precision and most powerful projectors ever built. The key to their superior performance and reliability is the unique "Rolling Loop" film movement, The Rolling Loop, originally invented by Ron Jones, an Australian, adapted and enhanced by Imax, advances the film horizontally in a smooth, wave-like motion. During projection, each frame is positioned on fixed registration pins, and the film is held firmly against the rear element of the lens by a vacuum. As a result, the picture and focus steadiness are far above normal standards. Imax Corporation also offers extensive customer support services to filmmakers who use the IMAX medium. The company's camera rental inventory offers 23 camera including two compact dual-strip IMAX 3D cameras and three lightweight IMAX MARK II cameras for steadicam work.
Scope of ActivitiesImax is involved in a wide variety of out-of-home entertainment business activities, including: the design, leasing, marketing, maintenance and operation of IMAX theatre systems; film development, production, post-production and distribution of IMAX films; camera and projector design and manufacturing; as well as ongoing research and development.
The FutureImax has advanced its strategic goals of diversifying its core educational business while expanding internationally through new commercial relationships with leading global entertainment organizations. These include Sony Pictures Entertainment, Capital Cities / ABC, Sega Enterprises Ltd., Discovery Communications Inc., Italy's Olivetti Telemedia S.P.A., Caesars World (an ITT Corporation subsidiary), and Twentieth Century Fox. Since its opening in November 1994, the SONY IMAX Theatre at Lincoln Square in New York City has become one of the highest grossing single movie screens in the United States.Today there are more than 127 permanent IMAX theatres, operating in 20 countries , as well as a number of temporary theatres. Where do you find the IMAX experience? At museums and science centres; world's fairs and expositions; recreation and theme parks; natural history museums, zoos and aquaria; such "destinations" as the Grand Canyon; and, increasingly, as part of exciting commercial developments. Projections indicate that the network will grow to approximately 200 permanent theatres by the end of the decade.
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| SPACE PROJECT PARTICIPATION: | Filming during numerous Space Shuttle flights for films such as "The Dream is Alive" |