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# 1950 Theatre TV

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Shanghai—Feb 11, 2015

IMAX and CJ CGV Holdings, Ltd. Expand Partnership to Bring the IMAX Experience® to Vietnam

Two-theatre Agreement Marks IMAX's Entry into Vietnam and Commemorates Decade-Long Partnership with its Second-Largest International Partner
IMAX Corporation (NYSE: IMAX) and CJ CGV Holdings, Ltd., (CJ CGV) today announced an expansion of the companies' partnership with the addition of two IMAX® theatres in Vietnam, to be operated by CGV Vietnam, a wholly-owned subsidiary of CJ CGV. The deal marks IMAX's entry into the country, with the first theatre to be added to a new construction project in Ho Chi Minh City, the largest metropolitan area in Vietnam, and the second location still to be determined.  With this deal, CJ CGV - IMAX's second-largest partner internationally - will have 97 theatres open or contracted to open, including two theatres in Vietnam, 20 theatres in South Korea and 75 theatres in China.
 
"We were the first to introduce The IMAX Experience® to audiences in South Korea and today we are proud to be the first to bring the world's most immersive experience to moviegoers in Vietnam," said Dong-Won Kwak, CEO, CGV Vietnam. "IMAX delivers a unique cinematic experience that sets us apart from our competitors. With global expansion as a top priority, we look forward to continuing this successful relationship and integrating IMAX as a key element to our growth efforts."
 
"CJ CGV is a world-class exhibitor and powerful force in the Asia Pacific entertainment market that has helped strengthen the IMAX brand throughout the region," said Don Savant, IMAX Managing Director, Asia Pacific. "I can't think of a better way to commemorate our decade-long relationship than by introducing IMAX to the moviegoers of Vietnam with our valued partner and the country's largest exhibitor."
About CJ CGV: CJ CGV is the largest multiplex cinema chain in South Korea, and the world’s Top 5 cinema exhibition company present in China, Vietnam, Indonesia, Myanmar, Turkey and the United States. CGV is a subsidiary of CJ Group, Korea’s leading diversified conglomerate with presence in the food and food service, pharmaceutics and biotechnologies, entertainment and media, home shopping, and logistics industries. As of April 2016, CJ CGV is operating 2,589 screens at 332 locations in 6 countries around the world. It was able to secure long-term competitiveness via endless efforts and investment in global market which contributed to established the backbone to become and solidify as the top multiplex chain in Asia. The company emphasizes and constantly develops new movie technologies such as 4DX and ScreenX, and its own cinema solutions including CRM, NOC & TMS and PhotoTicket. CJ CGV Directory page 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 September 30, 2015, there were 1,008 IMAX theatres (887 commercial multiplexes, 19 commercial destinations and 102 institutions) in 66 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code "HK.1970."
IMAX Corporation Directory page
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