Cineplex Entertainment
TSX : CGX.UN

IMAX Corporation

IMAX Corporation

November 23, 2006 10:15 ET

The IMAX Experience'R' Coming Soon to Ottawa

The Ultimate Movie Experience to Debut at SilverCity Gloucester Cinemas Just in Time for the Holidays

OTTAWA, ONTARIO--(CCNMatthews - Nov. 23, 2006) - For the first time ever, moviegoers in Ottawa will soon be able to experience movies in the most powerful and unique way possible: The IMAX Experience®! Progress is underway on the new IMAX® Theatre at SilverCity Gloucester Cinemas, scheduled to open this December. The theatre will showcase Hollywood blockbusters converted into the unparalleled image and sound quality of The IMAX Experience, as well as educational and entertaining documentaries, and offer people in Ottawa a movie-going experience unlike any they've had before.

IMAX theatres utilize IMAX's 15/70 film format - 10 times larger than conventional 35mm film - and deliver the clearest, brightest and steadiest images in the world. At the new IMAX theatre at SilverCity Gloucester Cinemas, these breathtaking, larger than life images will be projected onto a specially designed screen that stretches beyond the audience's peripheral view. The immersive visual experience is complemented by IMAX's state-of-the-art digital surround sound system.

With proprietary IMAX DMR® (Digital Re-mastering) technology, several of today's biggest Hollywood releases, including Harry Potter and the Goblet of Fire and Superman Returns, have been converted into IMAX's immersive format and presented in IMAX theatres. The critically acclaimed IMAX versions of these films have had excellent moviegoer response. To date, 16 Hollywood titles that have been digitally re-mastered into IMAX's format, have grossed a combined box office total of over $235 million in IMAX theatres worldwide. The upcoming slate of IMAX DMR films include: Night at the Museum this December and Spiderman 3 and Harry Potter and the Order of the Phoenix in 2007.

Also coming to SilverCity Gloucester Cinemas for a special limited engagement on Wednesday December 13th is Polar Bear Express: An IMAX 3D Experience® just in time for the holidays.

The IMAX theatre at SilverCity Gloucester Cinemas will also offer The IMAX 3D Experience®. In IMAX 3D, films virtually jump off of the screen and float around the theatre, giving people the sensation they are IN the movie. This is made possible by a combination of IMAX's powerful 3D projector - which projects two strips of large-format film onto specially designed screens - and special, polarized IMAX 3D glasses that audience members wear to fuse the left and right eye images. The result is an amazing three-dimensional cinematic experience where the screen disappears and the film becomes a virtual reality.

In addition to Hollywood movies in IMAX's format, there are also more than 200 traditional documentary-style films in the large format library. IMAX films are known for their ability to take people to places they otherwise couldn't go - to the top of Mt. Everest, aboard the International Space Station and to the ocean depths - and both for their entertainment and educational value.

About Cineplex Entertainment LP

Cineplex Entertainment LP owns, leases, or has a joint venture interest in 132 theatres with 1,309 screens and is the largest motion picture exhibitor in Canada. Headquartered in Toronto, Canada, the Partnership operates theatres with the following six top-tier brands: Cineplex Odeon, Galaxy and Famous Players (including Coliseum, Colossus and SilverCity). Proudly Canadian, the units of Cineplex Galaxy Income Fund, which owns approximately 59.7% of Cineplex Entertainment LP, are traded on the Toronto Stock Exchange under Cineplex Galaxy Income Fund (symbol CGX.UN). More information can be found at www.cineplex.com.

About IMAX Corporation

Founded in 1967, IMAX Corporation is one of the world's leading entertainment technology companies and the newest distribution window for Hollywood films. IMAX delivers the world's best cinematic presentations using proprietary IMAX, IMAX 3D, and IMAX DMR technology. IMAX DMR (Digital Re-mastering) makes it possible for virtually any 35mm film to be transformed into the unparalleled image and sound quality of The IMAX Experience. The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences. As of September 30, 2006, there were 280 IMAX theatres operating in 40 countries.

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

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