Journey To The West: The Demons Strike Back Conquers Chinese Box Office With Record-Setting $8.6 Million Opening In 390 IMAX® Theatres

SHANGHAI, Jan. 31, 2017

Overall, IMAX represented a stellar 17 of the top 20-grossing theatres in China for Journey to the West: The Demons Strike Back, including all of the film's top five locations.

"We'd like to congratulate our friends and partners Stephen Chow and Tsui Hark on this record-breaking achievement," said Greg Foster, CEO of IMAX Entertainment and Senior Executive Vice President, IMAX Corp. "Not only is this a fantastic kick-off to the Chinese New Year holiday play period, but also an incredible start to a year slated with a diverse line-up of both local-language and Hollywood films. With Journey to the West, it's clear that the combination of fun and thrilling entertainment as seen in the best possible format – IMAX – continues to be a powerful force at the box office, and we look forward to the film's enduring overall success throughout the CNY holiday and beyond."

The IMAX^® 3D release of Journey to the West: The Demons Strike Back was digitally re-mastered into the image and sound quality of The IMAX Experience^® with proprietary IMAX DMR^® (Digital Re-mastering) technology. The crystal-clear images, coupled with IMAX's customized theatre geometry and powerful digital audio, create a unique environment that will make audiences feel as if they are in the movie.

About IMAX China
IMAX China is a subsidiary of IMAX Corporation, and is incorporated under the laws of Cayman Islands. IMAX China was established by IMAX Corporation specifically to oversee the expansion of IMAX's business throughout Greater China. IMAX China trades on the Hong Kong Stock Exchange under the stock code "HK.1970."

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 Sep. 30, 2016, there were 1,145 IMAX theatres (1,037 commercial multiplexes, 16 commercial destinations and 92 institutions) in 74 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."