P R E S S   R E L E A S E

DIGITAL PROJECTION UNVEILS PORTABLE SHOWLITE DISPLAYS

New Projection Platform Marks Company's Expansion Into The Sub-$15k Display Category

KENNESAW, Ga., August 15, 2001 - Digital Projection International (DPI) - an IMAX company - today announced its SHOWlite Displays, the company's newest line-up of high performance projectors. Starting under $15,000 (North American list), the new projection platform is designed to provide incredibly cost-efficient solutions to systems integrators and professional AV staging companies that demand impressive visual performance from a portable-chassis LCD projector.

With light output up to 3000 ANSI lumens, the XGA and SXGA SHOWlite projectors benefit from an intuitive user interface, diverse connectivity and broad source compatibility. SHOWlite Displays are further enhanced with DPI's world-class technical service, application engineering and customer support programs.

Ready for Fall 2001 delivery, the 22-lb. SHOWlite projectors are the perfect mid-range imaging solution for corporate boardrooms, education facilities, command & control environments, government installations, houses of worship, retail/point-of-purchase and staging applications.

According to Mike Levi, president of Digital Projection, Inc., the launch of the SHOWlite platform is a result of overwhelming feedback from the company's dealer and staging partners. "Our customers and their end-users asked us to innovate the visual performance and functionality our large-venue displays into a compact projection system specifically designed to address budget sensitive applications. Our SHOWlite's directly answer those requirements, delivering fantastic price, performance and value."

PROJECTOR DATA

SHOWlite 4000gv
$14,995 list price
3,000 ANSI lumens
XGA native resolution, UXGA compatibility, audio output

SHOWlite 3000sx
$18,995 list price
2,500 ANSI lumens
SXGA native resolution, UXGA compatibility, audio output

For more information about SHOWlite Displays, please visit http://www.digitalprojection.com/projectorsheets/projectorspecs.htm

About Digital Projection

In September '99, Digital Projection International was acquired by IMAX Corporation (Mississauga, Ontario) and currently operates as a wholly owned subsidiary.

Digital Projection International was founded in 1989, originally as a division of The Rank Group and has been instrumental in the development and application of Digital Light Processing(tm) technology by Texas Instruments for projection systems.

On June 5, 2000, Texas Instruments announced that it had signed an agreement with IMAX Corporation under the terms of which IMAX and its subsidiary Digital Projection International (DPI) will develop, manufacture and market projectors based on DLP Cinema(tm) projection technology for standard cinema.

The POWER & LIGHTNING Displays line of projectors is capable of projecting enormous digital images - well over 60-feet wide - from any video, computer or HDTV source.

In June 1998, Digital Projection was awarded an EmmyĆ¢ for technical achievements in broadcast engineering by the Academy of Television Arts and Sciences, Los Angeles. POWER Displays are the first and only projector to win the coveted award.

The company's North American headquarters are located at 55 Chastain Road, Suite 115, Kennesaw, GA 30144. Phone (770) 420-1350; Fax (770) 420-1360 www.digitalprojection.com. The company's international headquarters are located at Greenside Way, Middleton, Manchester, M24 1XX, United Kingdom, Phone +44 161 947 3300, Fax +44 684 7674, www.digitalprojection.co.uk.

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Contact:
Tim J. Butler
Director, Marketing/ Comm's
(770) 420-1350
(770) 420-1360 fax
tbutler@digitalprojection.com