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Commodity

Even if you don't think you do, you already know plenty about commodities. Want us to prove it? No problem.

What makes oil produced in Saudi Arabia different from oil exported from Nigeria? It's the same thing that makes the corn you ate at last summer¿s barbecue different from the corn used to produce ethanol. Stumped? Well, don't feel bad, it's a trick question. The answer? Absolutely nothing. Corn is corn no matter where it comes from -- just as wheat is wheat and natural gas is -- right! -- natural gas. (Though the quality may differ, the make-up is uniform.)

So, in less elaborate terms, corn and oil (and all other commodities) are homogenous goods that can be processed, resold and more often than not, used as an input to the production of other goods or services. These goods are traded on a commodity exchange, thus setting the price-per-barrel (or other metric unit) used to value them.

Now pay attention, here's a question that indeed does have an answer: What is the difference between a commodity and a stock? While a stock can tank and become worthless, a commodity cannot have its value be wiped to zero. One other difference: Most commodities are traded in futures, meaning traders buy and sell where they think the price of a product will be at a certain point in the future. Stocks trade based on the value of the underlying company at that point in time.

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The Dark Knight Makes Motion Picture History in Imax(R) Theatres on July 18th

 
Comtex
 

LOS ANGELES, July 10, 2008 /PRNewswire-FirstCall via COMTEX/ ----IMAX Corporation (NASDAQ:IMAX; TSX:IMX) and Warner Bros. Pictures today announced that the studio's highly anticipated and technologically unprecedented summer movie, The Dark Knight, starring Christian Bale and Heath Ledger, and directed by Christopher Nolan, will open in a record 94 IMAX(R) theatres domestically on July 18th in conjunction with the film's wide release. The film will also open in 15 IMAX theatres day-and-date internationally, with at least 23 additional international locations opening in the coming weeks.

The Dark Knight: The IMAX Experience features six sequences filmed with IMAX(R) cameras, the first time ever that a major feature film has been even partially shot using IMAX cameras, marking a revolutionary integration of the two film formats. The worldwide premiere of the film will be held at the AMC Loews Lincoln Square 13 with IMAX in New York on July 14th, the first time a Hollywood feature film has premiered in an IMAX theatre.

 Advance IMAX ticket
   sales demonstrate the huge enthusiasm surrounding the movie: - Advance IMAX ticket sales have already surpassed $2 million,
   more than a week prior to opening - Over 100 shows are already sold out - 93 domestic IMAX theatres have added midnight screenings
   - Many IMAX theatres in the USA are adding 3am shows, and some are screening non-stop for 24 hours to meet the high moviegoer
   demands - Chicago's Navy Pier and the Palisades Center (West Nyack, NY) IMAX theatres will run shows non-stop for 72 hours
   

"The combination of Chris' inimitable vision and IMAX's groundbreaking technology produced a version of 'The Dark Knight' that will blow audiences away in theaters all over the world," said Dan Fellman, President, Domestic Distribution, Warner Bros. Pictures.

Sequences shot in traditional 35mm have been digitally re-mastered into The IMAX Experience(R) with proprietary IMAX DMR(R) technology. The two formats will be seamlessly integrated and morph between IMAX and IMAX DMR. In other words, scenes shot in 35mm will appear in IMAX DMR (letterbox), while scenes shot with IMAX's cameras on 15/70mm film will expand vertically to fill the entire IMAX screen, which can be up to eight stories tall, for an all-encompassing IMAX Experience.

"Chris Nolan's enthusiasm for IMAX technology has taken Hollywood filmmaking to a new level, and we're thrilled with the results on the screen and by the positive reactions to advance screenings," said Greg Foster, Chairman and President of IMAX Filmed Entertainment. "Warner Bros. Pictures, together with Chris Nolan and the entire filmmaking team, have created an unprecedented filmmaking event that can't be missed, and we are honored to be a part of the excitement."

With the help of Lieutenant Jim Gordon and District Attorney Harvey Dent, Batman sets out to destroy organized crime in Gotham for good. The triumvirate proves to be effective, but they soon find themselves prey to a rising criminal mastermind known as the Joker, who thrusts Gotham into anarchy and forces the Dark Knight ever closer to crossing the fine line between hero and vigilante.

Christian Bale reprises his role as Bruce Wayne/Batman; Academy Award nominee Heath Ledger ("Brokeback Mountain") stars as arch-villain The Joker, and Aaron Eckhart plays District Attorney Harvey Dent. Maggie Gyllenhaal joins the cast in the role of Rachel Dawes. Returning from "Batman Begins" are Gary Oldman as Lieutenant Jim Gordon; Oscar winner Michael Caine ("The Cider House Rules") as Alfred; and Oscar winner Morgan Freeman ("Million Dollar Baby") as Lucius Fox.

The Dark Knight: The IMAX Experience is scheduled to play day-and-date at the following IMAX(R) Theatres beginning July 18th:

 UNITED STATES Alabama Huntsville - Spacedome IMAX at US Space and Rocket Center Arizona Mesa - Gateway
   12 IMAX Theatre Phoenix - AMC Deer Valley 30 with IMAX Arkansas Little Rock - Promenade at Chenal California Anaheim - The
   Movie Experience at Anaheim Gardenwalk Cathedral City - Desert IMAX Theatre Dublin - Regal Hacienda Crossings IMAX Fresno
   - Fresno Stadium Cinema & IMAX Irvine - Edwards Irvine Spectrum IMAX Los Angeles - Universal CityWalk IMAX Theatre Los
   Angeles - IMAX Theatre at The Bridge: cinema de lux Ontario - Edwards Ontario Palace IMAX Sacramento - Esquire IMAX Theatre
   San Diego - San Diego IMAX at Mira Mesa 18 San Francisco - AMC Loews IMAX Theatre at Metreon Colorado Colorado Springs - Cinemark
   IMAX Theatre at Cinemark Carefree Circle Denver - UA Colorado Center IMAX Connecticut Manchester - IMAX Theatre at Showcase
   Cinemas Buckland Hills Florida Fort Lauderdale - AutoNation(R) IMAX(R) Theater at Museum of Discovery and Science Jacksonville
   - World Golf Hall of Fame IMAX Theatre Orlando - Pointe Orlando 20 & IMAX St. Petersburg - Muvico BayWalk 20 & IMAX
   Tampa - Channelside Cinemas IMAX Tampa - IMAX Dome Theatre at MOSI West Palm Beach - Parisian 20 & IMAX Georgia Buford
   - Regal Mall of Georgia IMAX Idaho Boise - Edwards Boise Stadium IMAX Illinois Batavia - Randall 15 IMAX Chicago - Navy Pier
   IMAX Theatre Lincolnshire - Regal Lincolnshire IMAX Woodridge - Cinemark IMAX Theatre at Seven Bridges Indiana Evansville
   - Showplace Cinemas IMAX Theatre Indianapolis - ShowPlace 16 IMAX Theatre Noblesville - Hamilton Towne Center 16 + IMAX Portage
   - Portage 16 IMAX Iowa Council Bluffs - Star Cinemas Council Bluffs Davenport - Putnam Museum and IMAX Theatre Des Moines
   - Science Center of Iowa & Blank IMAX Dome Theater Kansas Olathe - IMAX Theatre at AMC Studio 30 Kentucky Louisville -
   Cinema De Lux 20: Stonybrook IMAX Theatre Massachusetts Natick - Verizon IMAX 3D Theater at Jordan's Furniture - Natick Reading
   - Verizon IMAX 3D Theater at Jordan's Furniture - Reading Michigan Dearborn - The Henry Ford IMAX Theatre Grand Blanc - NGC
   Trillium IMAX Theatre Grand Rapids - IMAX Theatre at Celebration! Cinema Lansing - IMAX Theatre at Celebration! Cinema Sterling
   Heights - IMAX Theatre at AMC Forum 30 Ypsilanti - Showcase Cinemas Ann Arbor Minnesota Apple Valley - Great Clips IMAX Theatre
   St. Michael - CineMagic Metropolitan IMAX Theatre Missouri St. Louis - Ronnies 20 Cine IMAX Nevada Las Vegas - Brenden Theatres
   and IMAX at the Palms Casino Resort Las Vegas - Red Rock Stadium 16 & IMAX New Hampshire Hooksett - Cinemagic IMAX Theatre
   New Jersey Atlantic City - IMAX Theatre at Tropicana Casino New York Garden City - Leroy R. and Rose W. Grumman IMAX Dome
   Theater New York City - AMC Loews IMAX Theatre, Lincoln Square New Rochelle - Regal New Roc City IMAX Rochester - Cinemark
   IMAX Theatre at Tinseltown USA West Nyack - IMAX Theatre at Palisades Center White Plains - IMAX Theatre at City Center: Cinema
   de lux Williamsville - Regal Transit Center IMAX North Carolina Charlotte - Charlotte Observer IMAX Dome Theatre, Discovery
   Place Raleigh - Wachovia IMAX Theatre at Marbles Kids Museum Ohio Cincinnati -Cinema De Lux 18: Springdale IMAX Theatre Columbus
   - IMAX Theatre at AMC Easton Town Center 30 Oklahoma Tulsa - Cinemark IMAX Theatre at The Tulsa Oregon Tigard - Portland IMAX
   at Bridgeport Village Stadium 18 Pennsylvania Harrisburg - Select Medical IMAX Theater at The Whitaker Center King of Prussia
   - UA King of Prussia IMAX Philadelphia - Tuttleman IMAX Theatre, Franklin Institute Tarentum - Cinemark IMAX Theatre at the
   Galleria Pittsburgh Mills Rhode Island Providence - Feinstein IMAX Theatre Providence Place Tennessee Knoxville - Pinnacle
   18 Complex at Turkey Creek Nashville - Regal Opry Mills IMAX Texas Austin - The Bob Bullock Texas State History Museum IMAX
   Theatre Dallas - Cinemark IMAX Theatre at Cinemark 17 Houston - Edwards Marq(x)E IMAX Houston - Silverado Station 18 IMAX
   San Antonio - Palladium IMAX Theatre Utah Sandy - Megaplex 17 IMAX at Jordan Commons Virginia Chantilly - Steven F. Udvar-Hazy
   Center IMAX Theater Hampton - Riverside 3D IMAX Theater at the Virginia Air & Space Center Virginia Beach - The Virginia
   Aquarium IMAX 3D Theater Washington Seattle - Pacific Science Center Boeing IMAX Theater Spokane - Riverfront Park IMAX Theatre
   Wisconsin Fitchburg - Star Cinema IMAX CANADA Alberta Calgary - Scotiabank Theatre Chinook Edmonton - Scotiabank Theatre West
   Edmonton Mall British Columbia Langley - Cineplex IMAX Theatre, Colossus Langley Richmond - Cineplex IMAX Theatre, SilverCity
   Riverport Nova Scotia Halifax - The Empire IMAX in Bayers Lake Ontario Mississauga - Cineplex IMAX Theatre, Coliseum Mississauga
   Ottawa - Cineplex Entertainment IMAX Theatre, SilverCity Gloucester IMAX Theatre Toronto - Cineplex IMAX Theatre, Scotiabank
   Theatre Toronto Woodbridge - Cineplex Entertainment IMAX Theatre, Colossus Woodbridge Quebec Montreal - Cineplex Entertainment
   IMAX Theatre, Scotiabank Theatre Montreal Quebec City - IMAX Le Theatre INTERNATIONAL Argentina Buenos Aires - IMAX Center
   Norte Australia Melbourne - IMAX Theatre, Melbourne Museum Sydney - LG IMAX Theatre Sydney Ecuador Guayaquil - Fundacion Malecon
   2000 France Paris - Gaumont Disney Village IMAX Germany Berlin - CineStar IMAX 3D, Sony Center Berlin Guatemala Guatemala
   City - Pradera Concepcion Hong Kong Kowloon - UA MegaBox IMAX Theatre India Hyderabad - PRASAD IMAX Theatre Israel Haifa -
   IMAX Kiryon at GlobusMax Kiryon Korea Ilsan - CGV Ilsan Incheon - CGV Incheon Seoul - CGV Yongsan Mexico Cuernavaca - Cinemex
   Diana IMAX Theatre Guadalajara - Cinepolis IMAX Theatre Galerias Guadalajara Mexico City - Cinepolis IMAX Theatre Perisur
   Mexico City - Cinepolis IMAX Theatre Universidad Monterrey - Cinepolis IMAX Theatre Galerias Valle Oriente Netherlands Amsterdam
   - Pathe Arena New Zealand Auckland - SKYCITY IMAX Theatre Queen Street Philippines Manila - San Miguel Coca-Cola IMAX Theatre
   Poland Warsaw - Orange IMAX Warszawa Russia St. Petersburg - Coca-Cola IMAX Kinostar City South Africa Durban - Gateway IMAX
   Theatre Pretoria - Menlyn IMAX Theatre Spain Barakaldo - Yelmo Cines Megapark Malaga - Yelmo Cines Plaza Mayor Oviedo - Yelmo
   Cines Los Prados Taiwan Taipei - Samsung IMAX Miramar Cinemas Thailand Bangkok - KrungSri IMAX Siam Paragon Turkey Ankara
   - IMAX Odeon Cineplex Istinye - AFM IMAX Istinye Park UAE Dubai - Grand Megaplex 21 IMAX UK Birmingham - IMAX Theatre at Millennium
   Point Bradford - IMAX National Media Museum Glasgow - Glasgow Science Centre IMAX Cinema London - BFI London IMAX Cinema Manchester
   - ODEON IMAX Cinema Manchester @ The Printworks 

Additional theatres will be confirmed. Please check local listings or IMAX.com for final theatre listings, launch dates and show times.

About IMAX Corporation

IMAX Corporation is one of the world's leading digital entertainment and technology companies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event Hollywood films around the globe, with IMAX theatres delivering the world's best cinematic presentations using proprietary IMAX, IMAX(R) 3D, and IMAX DMR technology. IMAX DMR is the Company's groundbreaking digital remastering technology that allows it to digitally transform virtually any conventional motion picture into the unparalleled image and sound quality of The IMAX Experience. IMAX's renowned projectors and new digital systems display crystal-clear images on the world's biggest screens. The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of March 31, 2008, there were 298 IMAX theatres operating in 40 countries.

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

This press release contains forward looking statements that are based on 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. Important factors that could affect these statements include ongoing discussions with the SEC and OSC relating to their ongoing inquiries and the Company's accounting, the timing of theatre system deliveries, the mix of theatre systems shipped, the timing of the recognition of revenues and expenses on film production and distribution agreements, the performance of films, the viability of new businesses and products, risks arising from potential material weaknesses in internal control over financial reporting and fluctuations in foreign currency and in the large format and general commercial exhibition market. These factors and other risks and uncertainties are discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2007, as well as the Company's Quarterly Reports on Form 10-Q.

SOURCE IMAX Corporation

Copyright (C) 2008
   PR Newswire. All rights reserved ********************************************************************** As of Sunday, 07-06-2008
   23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated an UPTREND on 11-23-2007 for
   IMAX @ $4.88. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend
   is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights reserved.
 

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