29.05.02
IMAX&';s New 3D SPACE STATION Film Reaches New Heights |
(Los Angeles, May 2002) - SPACE STATION, the first-ever IMAX(R) 3D space film, has reached new heights as it continues to launch at IMAX(R) theatres around the globe. Currently in release at 59 IMAX theatres worldwide, the film has accumulated a worldwide box office gross of $5,905,022 since its April 17th launch at the Smithsonian's National Air & Space Museum in Washington, D.C., making it the fastest IMAX-distributed film to hit the $5 million mark. SPACE STATION placed 13th on the industry box office charts with a gross of $784,947 (up 41% from the previous weekend) for the Memorial Day holiday weekend -- confirming its position as the best performing large-format film presently in release.
Produced by IMAX Corporation (Nasdaq: IMAX; TSX: IMX), and presented by Lockheed Martin Corporation in cooperation with the National Aeronautics & Space Administration (NASA) and narrated by Tom Cruise, SPACE STATION documents one of the most challenging engineering feats and important accomplishments by NASA since landing a man on the moon -- the construction of the International Space Station.
The film was also voted best new large-format film by members of the Large Format Cinema Association (LFCA) at its recently concluded 2002 conference. The LFCA is a non-profit organization representing the large format cinema community of filmmakers, distributors, equipment manufacturers, consultants, exhibitors and others involved in this rapidly evolving sector of the motion picture industry.
"SPACE STATION is off to a great start as both a box office performer and audience pleaser as is evidenced by the success it has achieved since it premiered six weeks ago," said Greg Foster, IMAX Corporation's President of Filmed Entertainment.
"We're thrilled that SPACE STATION has been given this honor by professionals working in the large-format industry," he continued. "Peer recognition is one of the greatest compliments that any film can receive and this award from LFCA is a testimonial to producer-director Toni Myers and consulting producer Graeme Ferguson and the talented team of men and women who worked so very hard to bring the experience of traveling to, and living aboard the International Space Station to life via the medium of IMAX 3D."
ABOUT THE FILM:
Early in 1997, IMAX, in association with Lockheed Martin and the National NASA, started work on SPACE STATION starring astronauts and cosmonauts from the United States, Canada, Japan, Russia and Europe. These men and women collectively have spent thousands of hours in space and with the guidance of producer-director Toni Myers and consulting producer Graeme Ferguson, have captured on film and in IMAX 3D, the excitement and magnitude of this amazing project being built in outer space in a way that no other medium can. SPACE STATION is the fifth space film to be sponsored by Lockheed Martin. The others were: "The Dream Is Alive" (1985), "Blue Planet" (1990), "Destiny In Space" (1994) and "Mission To Mir" (1997).
CONTACT: Liam Romalis of IMAX Corporation, Toronto, +1-905-403-6392, lromalis@imax.com; or Al Newman - Entertainment Media of Newman & Company, Los Angeles, +1-818-784-2130, asn@newman-co.com/
More information at www.imax.com & www.lockheedmartin.com.
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