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# 1950 Theatre TV

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Toronto, Canada—Aug 10, 2011

IMAX Expands Partnership with Singapore Exhibitor

Building on the Success of Its First IMAX Installation, Shaw Theatres Pte Ltd to Open Second Digital IMAX® Theatre
IMAX Corporation (NYSE: IMAX; TSX: IMX) today announced that Shaw Theatres Pte Ltd, a leading exhibitor in Singapore, has signed an agreement to install a digital IMAX® theatre system in the new JCube entertainment complex in Singapore, which is scheduled to be completed by 2012. This will mark the opening of Shaw Theatres' second IMAX theatre. 

In May, Shaw Theatres opened the first commercial IMAX theatre in Singapore, which to date has generated over $1.4 million of gross box office within its first few months of operation.

"Our Shaw Theatres Lido IMAX has been a resounding success, with our patrons willing to pay a premium to enjoy their favorite Hollywood films in the superior IMAX platform," said Mark Shaw, Executive Vice President of Shaw Theatres. "We are building on this momentum with a second IMAX theatre in our new Shaw Theatres JCube multiplex to offer even more patrons the best movie-going experience possible."

"The success of Shaw's IMAX Theatre in Lido, coupled with today's agreement, underscores the growth potential for IMAX in Singapore," said IMAX CEO Richard L. Gelfond.  "Southeast Asia is an important market for us and we are pleased to leverage the region's increasing appetite for The IMAX Experience® with this latest network addition."

"Our expanded relationship with Shaw Theatres highlights the value of the IMAX brand and the continued business momentum IMAX is experiencing in Southeast Asia," added Don Savant, IMAX's Senior Vice President and Managing Director, Asia Pacific. "We are excited to partner with Shaw Theatres and offer a wider audience in Singapore the premium cinematic experience that only IMAX can deliver."

IMAX's digital projection system delivers The IMAX Experience and helps drive profitability for studios, exhibitors and IMAX theatres by eliminating the need for film prints, increasing program flexibility and ultimately increasing the number of movies shown on IMAX screens. The system can run both IMAX and IMAX® 3D presentations.

About Shaw Organization: Shaw Theatres, founded by the Shaw Brothers (Tan Sri Runme Shaw and Sir Run Run Shaw), has been operating cinemas in Singapore since 1924. The company currently operates eight theatre locations with close to 50 screens across the island. For more information, visit www.shaw.sg.

Shaw Organization 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 additional offices in London, Dublin, Tokyo, and Shanghai. As of September 30, 2017, there were 1,302 IMAX theatres (1,203 commercial multiplexes, 11 commercial destinations and 86 institutions) in 75 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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