IMAX appoints Gary Moss Chief Operating Officer

    TORONTO, June 25 /CNW/ - IMAX Corporation (Nasdaq:   IMAX; TSX: IMX) today
announced the appointment of Gary Moss to the newly created position of Chief
Operating Officer, effective July 20th, 2009. Based in Toronto, Mr. Moss will
be primarily responsible for overseeing the Company's operations, leading and
assisting the organization as it executes the Company's business strategy,
refining performance management systems and focusing on the integrated
operation of all business units. Mr. Moss will report directly to Richard L.
Gelfond, IMAX's Chief Executive Officer.
    Mr. Moss, 50, is Canadian and a 15-year veteran of the media and
entertainment industry. Prior to joining IMAX, Mr. Moss served for four years
as Chief Operating Officer and Chief Financial Officer of Concert Productions
International (CPI), a major promoter of rock concerts and tours in North
America, and an operating subsidiary of Live Nation Inc. Mr. Moss worked with
EMI Group Canada Inc., as Vice President, Finance for nine years, and with
Sega of Canada, Inc. as Vice President of Finance for two years. Throughout
his career, Mr. Moss has provided strategic and operational leadership across
all areas of business. Mr. Moss is a Chartered Accountant and received his
Bachelors of Commerce from University of KwaZulu-Natal, South Africa.
    "Our organization will benefit from Gary's leadership skills, business
insight and experience, enabling IMAX to identify business opportunities,
generate efficiencies across the organization and address the day-to-day needs
of a dynamic Company," said Gelfond. "Gary has a strong ability to build team
work and a proven approach to problem-solving, and we believe this appointment
will further the continued growth and long-term success of the Company."
    "IMAX's management team has a clear vision to grow the Company, both
organically and from leveraging the strength of the IMAX brand," Mr. Moss
added. "I look forward to this exciting opportunity and to being a member of a
very dynamic team."

    About IMAX Corporation

    IMAX Corporation is one of the world's leading entertainment technology
companies, specializing in immersive motion picture technologies. The
worldwide IMAX network is among the most important and successful theatrical
distribution platforms for major event Hollywood films around the globe, with
IMAX(R) theatres delivering the world's best movie presentations using
proprietary IMAX, IMAX(R) 3D, and IMAX DMR(R), technology. IMAX DMR is the
Company's groundbreaking digital re-mastering technology that allows it to
digitally transform virtually any conventional motion picture into the
unparalleled image and sound quality of The IMAX Experience(R). The IMAX brand
is recognized throughout the world for extraordinary and immersive
entertainment experiences for consumers. As of March 31, 2009, there were 371
IMAX theatres (250 commercial, 121 institutional) operating in 43 countries.
    IMAX(R), IMAX(R) 3D, IMAX(R) DMR, The IMAX 3D Experience(R) and The IMAX
Experience(R) are trademarks of IMAX Corporation. More information about the
Company can be found at You may also connect with IMAX on
Facebook (, Twitter ( and
YouTube (

    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, but are not
limited to, general economic, market or business conditions, including the
length and severity of the current economic downturn, the opportunities that
may be presented to and pursued by the Company, the performance of IMAX DMR
films, conditions in the in-home and out-of home entertainment industries, the
signing of theatre system agreements, changes and developments in the
commercial exhibition industry, the failure to convert theatre system backlog
into revenue, investments and operations in foreign jurisdictions, foreign
currency fluctuations and the Company's prior restatements and the related
litigation and ongoing inquiries by the SEC and the OSC. These factors and
other risks and uncertainties are discussed in the Company's most recent
Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

For further information:

For further information: Media: IMAX Corporation, New York, Sarah
Gormley, (212) 821-0144,; Investors: IMAX Corporation, New
York, Heather Anthony, (212) 821-0121,; Business Media:
Sloane & Company, New York, Whit Clay, (212) 446-1864,;
Entertainment Media: Rogers & Cowan, Los Angeles, Jason Magner, (310)

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IMAX Corporation

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