Navy Pier IMAX® At AMC In Chicago To Reopen Today Under The Operation Of AMC Theatres®

AMC Theatres ® (NYSE: AMC), IMAX Corporation (NYSE:IMAX) and Navy Pier today announced that Navy Pier IMAX at AMC in Chicago reopens for business today, Nov. 15. Today's opening ensures guests in Chicago can enjoy the 6 p.m. debut of FANTASTIC BEASTS AND WHERE TO FIND THEM on Thursday, Nov. 17. The theatre will remain open throughout the holiday season, and will undergo additional renovations in early 2017.

Upon its initial reopening, Navy Pier IMAX at AMC will feature IMAX's state-of-the-art laser projection system. In early 2017, the theatre will close for additional renovations, including installing IMAX's immersive 12-channel sound, enhancements to the concession area and all new plush rocker seating. The theatre is expected to reopen with all renovations complete by late spring of 2017.

"The AMC and IMAX partnership is stronger than ever, and we couldn't be more excited about partnering with Navy Pier to further enhance an already incredibly immersive movie-going experience in Chicago," said John McDonald, executive vice president, U.S. Operations, AMC. "IMAX with laser takes movie-going to a whole new level and together with the new plush seating coming in 2017, we're excited to offer our guests this one-of-a-kind IMAX experience that they won't find in their homes or any other movie theatre in Chicago."

"As Navy Pier continues to create unparalleled experiences for our guests, we are proud to work with AMC and IMAX to provide a state-of-the-art movie-going experience at the Pier," added Marilynn Kelly Gardner, president and CEO of Navy Pier, Inc. "The opening of this unique theatre complements the Pier's centennial redevelopment and vision, and we look forward to welcoming our guests as they enjoy this one-of-a-kind cinema in Chicago."

IMAX with laser represents a quantum leap forward in cinema technology — providing audiences with sharper, brighter, clearer and more vivid digital images than ever. Designed from the ground up for IMAX's largest screens, the dual 4K laser projection system is equipped with a new optical engine and suite of proprietary IMAX technologies capable of projecting an image with up to a 1.43:1 aspect ratio with maximum resolution and sharpness, unparalleled 2D and 3D brightness, industry-leading contrast and an expanded color gamut that will allow filmmakers to present more vivid and exotic colors than ever before.

"Our longtime partners at AMC share our commitment to providing moviegoers a truly unique and cutting-edge experience and we're excited to take that even further with the launch of our new laser system at Navy Pier," said Mark Welton, President, IMAX Theatres. "Navy Pier IMAX at AMC theatre patrons are going to experience dramatic increases in brightness, contrast and color, which ultimately results in suspending disbelief when experiencing today's biggest movies in IMAX."

IMAX's next-generation sound technology, which is expected to be installed in early 2017, will deliver even greater power and precision for ultimate audio immersion. It will be upgraded to 12 discrete channels plus sub-bass, and include additional side channels as well as new overhead channels that will improve the system's ability to position sounds around the audience and further ensure every seat is the best in the house.

AMC Theatres previously installed IMAX with laser at its IMAX at AMC Metreon 16 location in San Francisco and IMAX at AMC Universal CityWalk 19 in Los Angeles.

For showtime information and to purchase tickets, please visit amctheatres.com.

About AMC Theatres

AMC (NYSE: AMC) is the guest experience leader with 388 locations and 5,295 screens located primarily in the United States. AMC has propelled innovation in the theatrical exhibition industry and continues today by delivering more comfort and convenience, enhanced food & beverage, greater engagement and loyalty, premium sight & sound, and targeted programming. AMC operates the most productive theatres in the country's top markets, including No. 1 market share in the top three markets (NY, LA, Chicago) http://www.amctheatres.com.

About Navy Pier

Located on Lake Michigan, Navy Pier is the top-attended leisure destination in the Midwest, stretching more than six city blocks and welcoming more than 8 million guests annually. Originally opened in 1916 as a shipping and recreation facility, this Chicago landmark showcases more than 50 acres of parks, restaurants, attractions, retail shops, sightseeing and dining cruise boats, exposition facilities and more. In 2016, Navy Pier celebrates its 100 th anniversary with a series of special events and programming, the grand opening of its new Ferris wheel and ongoing pier-wide redevelopment efforts as part of the Centennial Vision. Navy Pier, Inc., a 501(c)(3) not for profit organization, maintains and oversees Navy Pier and its redevelopment into a bolder, greener and more contemporary urban space. For more information, visit our website at www.navypier.com.

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