IMAX Announces Exclusive Global Laser Technology Partnership With Necsel

 IMAX Announces Exclusive Global Laser Technology Partnership With Necsel  NEW YORK, June 16, 2014 /CNW/ -- IMAX Corporation (NYSE: IMAX; TSX: IMX) today  announced an agreement for Necsel to be the exclusive worldwide provider of  specified lasers for IMAX's laser projection systems. IMAX's laser projection  technology will enable exhibitors to deliver a wide array of digital content -  including documentaries and blockbuster films - and further enhance The IMAX  Experience(®) for audiences.  http://photos.prnewswire.com/prnvar/20111107/MM01969LOGO  Necsel manufactures customer-specific laser lighting solutions for digital  projection and other lighting applications. Necsel's patented technology  comprises red, green and blue visible lasers and laser systems that meet  critical performance, size and cost requirements for laser cinema projection  and a host of specialty lighting uses. Necsel technology will enable the  commercial rollout of next-generation digital cinema, large-venue projection,  laser-based simulation systems and other forms of lighting.  "Our laser projection solution represents IMAX's largest R&D investment to  date and, as part of this development, we have aligned ourselves with only the  best worldwide technology partners who share our commitment to innovation and  quality," said Robert D. Lister, Chief Business Development Officer, IMAX  Corp.  "It is clear to us that Necsel not only shares this commitment, but -  as the leading global provider of laser light source solutions - it gives us  the security of knowing that our groundbreaking laser projection offering is  leveraging the capacity and resources of the world's premiere laser  manufacturer."  "We are honored to have been selected in this capacity by IMAX," said William  Mackenzie, Founder, Chairman & CEO of Necsel.  "Necsel's technology is  transforming cinema projection and we look forward to helping IMAX redefine  the premium movie-going experience with its next-generation laser product.  We  are committed to contributing our extensive resources and award-winning  technology to IMAX's cutting-edge development."  IMAX's next-generation laser projection system is expected to set a new  benchmark as the industry's premium entertainment experience. The system  incorporates the laser digital intellectual property IMAX exclusively licensed  from Eastman Kodak and relies on Barco's best-in-industry system manufacturing  expertise. It will enable IMAX's largest screens to deliver the  highest-quality digital content available with greater brightness and clarity,  a wider color gamut and deeper blacks.  IMAX's very first laser projection  systems are expected to be rolled out by the end of this year.  About Necsel An award-winning global organization headquartered in the Silicon  Valley, Necsel (www.necsel.com) designs and manufactures high-power visible  lasers and laser solutions. With a patented technology portfolio, Necsel has  become a leader in visible laser system solutions. Necsel's unique technology  is transforming the cinema projection and remote source lighting markets. You  may also connect with Necsel on Twitter (www.twitter.com/NecselLaser).  About IMAX Corporation IMAX, an innovator in entertainment technology,  combines proprietary software, architecture and equipment to create  experiences that take you beyond the edge of your seat to a world you've never  imagined. Top filmmakers and studios are utilizing IMAX theatres to connect  with audiences in extraordinary ways, and, as such, IMAX's network is among  the most important and successful theatrical distribution platforms for major  event films around the globe.  IMAX is headquartered in New York, Toronto and Los Angeles, with offices in  London, Tokyo, Shanghai and Beijing.  As of March 31, 2014, there were 840  IMAX theatres (707 commercial multiplexes, 18 commercial destinations and 115  institutions) in 57 countries.  IMAX®, IMAX® 3D, IMAX DMR®, Experience It In IMAX®, An IMAX 3D  Experience®, The IMAX Experience®, IMAX Is Believing® and IMAX nXos® are  trademarks of IMAX Corporation. More information about the Company can be  found at www.imax.com. You may also connect with IMAX on Facebook  (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube  (www.youtube.com/imaxmovies).  This press release contains forward looking statements that are based on IMAX  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. These  risks and uncertainties are discussed in IMAX's most recent Annual Report on  Form 10-K and most recent Quarterly Reports on Form 10-Q.  For additional information please contact:        Business Media:              Investors:     IMAX Corporation - New York  IMAX Corporation - New York     Ann Sommerlath               Teri Loxam     212-821-0155                 212-821-0110     asommerlath@imax.com         tloxam@imax.com     Sloane & Company - New York      Entertainment Media:     Whit Clay                    Principal Communications Group - Los Angeles     212-446-1864                 Melissa Zuckerman/Paul Pflug     wclay@sloanepr.com           323-658-1555                                  melissa@pcommgroup.com                                  paul@pcommgroup.com  Logo - http://photos.prnewswire.com/prnh/20111107/MM01969LOGO    SOURCE  IMAX Corporation  CO: IMAX Corporation ST: New York NI: ENT FILM INTERNET NP VNT  
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