Company Profile For IMAX Corporation

IMAX Corporation, together with its wholly owned subsidiaries, is an entertainment technology company specializing in motion picture technologies and large-format film presentations. Its principal business is the design and manufacture of large-format digital and film-based theater systems, sale or lease of such systems, and the conversion of two-dimensional (2D) and three-dimensional (3D) Hollywood feature films for exhibition on such systems worldwide. Its theater systems are based on a technology for large-format digital projectors and large-format 15-perforation film frame, 70 millimeter format (15/70-format) projectors. It is also engaged in the production and distribution of original large-format films, provision of post-production services for large-format films, the operation of a number of IMAX theaters and the provision of services in support of IMAX theaters and the IMAX theater network.

BRIEF: For the six months ended 30 June 2009, IMAX Corporation's revenues increased 67% to $74.7M. Net loss totaled $80K, down from $22.5M. Revenues reflects an increase in the equipment & product sales, higher service sales, a rise in rental services and increased financial income. Lower loss also reflects a decrease in selling, general & administrative expenses, lower research & development costs and decreased interest expenses.