IMAX Discusses the Spread of IMAX Movie Theaters (IMAX 3Q06 Conf Call Quotes)

| About: IMAX Corporation (IMAX)

IMAX CEO Brad Wechsler discussed signings for new IMAX theaters on his November 3rd conference call. Key extracts:

...signings are the best indicator of our future financial performance... In the third quarter we signed agreements for 12 systems, bringing our 9-month total to 37. That's more than the total number signed for all of 2004, '03 or any other year since 1999, and bringing us closer to our stated goal of 40 to 45 signings for the full year.

Our Q3 signings included agreements with 10 different customers... Of these 12 signings, 10 were commercial exhibitors and 6 were for the MPX theater systems… 1/3 domestic and 2/3 international, the same split as our total market opportunity… the economics on a domestic and international agreement are roughly the same.

…our backlog…at the end of September consisted of 72 systems with a value of $121 million.

(Quotes are from the CCBN StreetEvents transcript.)


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