May 27, 2008--MacGillivray Freeman Films continues to contribute to the global discussion on water issues by making available a special presentation of its critically acclaimed giant screen film Grand Canyon Adventure: River at Risk 3D at the 2008 Telluride Mountainfilm Festival in Telluride, Colorado. The film was shown in a special digital 3D presentation on Sunday, May 25, and was followed by an in-depth panel discussion on water issues of the American Southwest. Water was the overall theme of the festival this year.

May 27, 2008--Joanna E. Haas, director of Carnegie Science Center in Pittsburgh, has been selected to succeed Gail Becker, who is retiring as executive director of the Louisville Science Center on August 31. Haas will start in her new position on September 2. “It’s been an honor to lead Carnegie Science Center for nearly five years,” said Haas. “And I am very excited to be coming to Louisville. The Louisville Science Center has a solid reputation and tremendously strong educational programs. I hope to continue to build on the excellent work of Gail Becker and her team.”

May 21, 2008--The Government of Canada has announced International Polar Year funding of $600,000 for the development of a new Science North IMAX film project. The Honourable Gary Lunn, Minister of Natural Resources, and the Honourable Chuck Strahl, Minister of Indian and Northern Affairs and Federal Interlocutor for Metis and Non-Status Indians, made the announcement last week as part of the Polar Continental Shelf Meeting (PCSM) in Ottawa. The PCSM supports a wide variety of Arctic scientific research ranging from archaeology, climatology, the geosciences, glaciology, space science and wildlife studies. Arctic Odyssey – Journey to the Top of the World is scheduled for release in 2010.

May 12, 2008--In May 1996, the world-renowned climber and filmmaker David Breashears was making his third ascent up Mount Everest, leading an IMAX film team, when a swift and ferocious storm unexpectedly hit the mountain, trapping three exhausted climbing teams near the top of the world's highest peak. The IMAX film Everest was released by MacGillivray Freeman Films in 1998. In the Frontline special presentation Storm Over Everest, airing Tuesday, May 13, 2008, from 9 to 11 P.M. ET on PBS (check local listings), Breashears returns to summit Everest and to reflect on that fateful storm that resulted in the deaths of five climbers on the south side of the mountain. The program will also be available online at www.pbs.org/wgbh/pages/frontline.

May 12, 2008--IMAX Corporation today reported that it recorded a net loss per diluted share of ($0.25) for the first quarter of fiscal 2008, compared to a net loss per diluted share of ($0.12) for the first quarter of fiscal 2007. At the same time, the company announced that its pending digital roll-out was on schedule and that it had added DreamWorks Animation's Magadascar 2 to the 2008 film slate.

May 8, 2008--The Stephen Low Company is currently in production on Ultimate Wave 3D (working title). Ultimate Wave will immerse giant screen audiences in the story of an ocean wave, and the lives it impacts and transforms. Ultimate Wave will be filmed in 3D for exhibition in IMAX 2D, IMAX 3D, and other giant screen theaters worldwide. The project is produced by The Stephen Low Company, directed by Stephen Low, and executive produced and distributed by K2 Communications. Sponsored by Suzuki Automotive and Quiksilver, Inc., the world’s leading outdoor sports lifestyle company, the film is scheduled for release in October 2009. Shooting begins this summer in South Africa, Western Australia, the Indian Ocean, and at a wave research tank in Europe.

May 8, 2008--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 theaters during the days and weeks following the domestic launch. Speed Racer has been digitally re-mastered with IMAX DMR (Digital Re-mastering) technology. Warner Bros. Pictures will be the exclusive distributor of the film to IMAX theaters worldwide.

May 8, 2008--Have you ever eaten like a lake sturgeon, dined from an eagle’s nest, or tasted grilled, farmed caribou meat topped with birch syrup and blueberry sauce? These were just some of the unique experiences offered to guests at the world premiere gala for Science North’s newest giant-screen IMAX film, Mysteries of the Great Lakes. The lavish event was held on May 3, 2008, at Science North in Sudbury, Ontario.

May 6, 2008--IMAX Corporation today announced that it has entered into two significant financing transactions, one with Wachovia Capital Finance Corporation ("Wachovia") to increase future availability and modify other terms under the company's existing credit facility, and one with the Douglas family, IMAX's largest shareholder, for the sale of approximately 2.73 million common shares in a private placement at an aggregate purchase price of $18 million. Proceeds from these transactions will be used to fund the company's IMAX digital projection roll-out, slated to begin this summer, and for general corporate purposes.

April 24, 2008--IMAX Corporation and Warner Bros. Pictures today announced that they have crossed the $400 million mark at the IMAX box office with films released through the partnership between the two companies. Since June 2003, Warner Bros. Pictures has released 16 titles in IMAX's format, five of which were in IMAX 3D, including two live-action pictures that were partially converted into 3D with IMAX's proprietary 2D to 3D conversion technology. All titles were digitally re-mastered using IMAX's proprietary IMAX DMR (Digital Re-Mastering) technology. Also included in the tally are the studio's two original IMAX 3D co-productions.