"Bill Coker will lead the team of seasoned executives including, Frank Sanders, Charles Williams and Brian Barker in providing a new dimension to our private banking and wealth management capabilities. The Spartanburg based initiative will eventually include banking and credit services to round out a full service offering," said Todd Harward, president, SCBT Wealth Management Group.

"We are fortunate to have the exceptional local leadership to be able to take our wealth management and private banking offering to a new level," said Windley. "Bill, Frank, Charles and Brian add a depth of expertise and style of full service relationship management that we will be able to leverage across the Carolinas."

A native of Spartanburg, Coker has 27 years of banking experience with Wachovia and its predecessors. Previously, he served as senior relationship manager for Wachovia's wealth management clients.

Coker earned an undergraduate degree from the University of Virginia and is a graduate of the Stonier Graduate School of Banking at the University of Delaware. He is a Certified Financial Planner and holds his FINRA Series 7 and Series 63 licenses.

"SCBT is committed to the same vision that is to provide comprehensive, objective advice through a fully integrated platform, serviced locally by a team of professionals," said Coker. "I am looking forward to being part of this entrepreneurial company. There is a great opportunity for a well-capitalized bank to focus on wealth and private banking in Spartanburg and the Upstate market."

Frank Sanders, also a Spartanburg native, has more than 20 years experience with Wachovia and previously NationsBank in the Trust Department. Frank earned his Juris Doctorate from the USC School of Law and his undergraduate degree from Wofford. Sanders also maintains his CTFA (Chartered Trust Financial Advisor) designation.

With more than 20 years experience in the investment business, Charles Williams has been a portfolio manager for Wachovia since 2003. Williams is a graduate of the Asheville School and the University of North Carolina Asheville. He maintains his CFP (Certified Financial Planner) designation.

Brian Barker has over 10 years experience in the investment management business and has been a portfolio manager for Wachovia since 2003. Barker earned his undergraduate degree in Economics from Clemson University and his MBA from the University of South Carolina in Columbia. Barker is the current president of the SC Chapter of the Financial Planning Association, and maintains his professional designations, CFP (Certified Financial Planner), CTFA (Chartered Trust Financial Advisor) and AIF (Accredited Investment Fiduciary).

SCBT Financial Corporation, Columbia, South Carolina is a registered bank holding company incorporated under the laws of South Carolina. The Company consists of SCBT, N.A., the third largest bank headquartered in South Carolina and NCBT, a Division of SCBT, N.A. Providing financial services for over 75 years, SCBT Financial Corporation operates 48 financial centers in 16 South Carolina counties and Mecklenburg County in North Carolina. Named in Forbes as one of the 100 Most Trustworthy Companies in America, SCBT Financial Corporation has assets of approximately $2.8 billion and its stock is traded under the symbol SCBT in the NASDAQ Global Select Market. More information can be found at www.SCBTonline.com.

SOURCE: SCBT Financial Corporation

SCBT Financial Corporation 
Donna Pullen, 803-765-4558

Cutter Davis

With over 19 years of banking experience, Davis came to NCBT from Wachovia, where he was a senior vice president and senior relationship manager in the commercial banking division. Previously he worked in Wachovia's corporate and investment banking group and in human resources. Prior to joining Wachovia, Davis was with RBC Bank's commercial markets group.

A native of Charlotte, Davis received an undergraduate degree from the University of North Carolina at Chapel Hill, and an MBA from the Babcock School of Wake Forest University.

Andrew Griffin

Griffin, who has over 16 years experience, joins NCBT from Wachovia, where he was a senior vice president and senior relationship manager in its commercial banking division. Prior to that, he was a vice president in Wachovia's corporate and investment banking group. Before joining Wachovia, he was a corporate loan officer with BB&T.

Griffin is a native of Charlotte. He has an undergraduate degree from Wake Forest University, and an MBA from Wake Forest's Babcock School.

Tasha Smith

With 11 years experience in banking, Smith comes to NCBT from RBC Bank, where she was director of administration for its commercial markets group in the United States. Also at RBC, Smith served as the human resources business partner responsible for western North Carolina and South Carolina.

Smith is a native of Hendersonville, and a graduate of Western Carolina University.

North Carolina Bank and Trust (NCBT) focuses on commercial middle market banking, business banking, and private banking, and operates three locations in Mecklenburg County in North Carolina. NCBT is a division of SCBT, N.A., a subsidiary of SCBT Financial Corporation, which was named in Forbes as one of the 100 Most Trustworthy Companies in America. SCBT Financial Corporation has assets of approximately $2.8 billion and its stock is traded under the symbol SCBT in the NASDAQ Global Select Market. More information can be found at www.NCBTonline.com.

SOURCE: SCBT Financial Corporation

North Carolina Bank and Trust 
Robinson Lyle, 704-526-3627

As currently contemplated, borrowings under the credit facility will bear interest at variable rates based on LIBOR or Wachovia's prime rate plus variable margins at the Borrower's option, under which applicable interest rates currently range from 3.03% to 4.03% per annum.

As previously announced on October 2, 2009, the Company called $75 million of its Senior Notes for redemption on December 1, 2009. The Company intends to redeem the remaining $29.4 million of its Senior Notes by year-end.

"This proposed new facility, combined with the redemption of our remaining senior notes, are very important steps toward creating a capital structure that will enable the Company to further realize the growth potential for the IMAX brand," said Richard L. Gelfond, Chief Executive Officer of IMAX Corporation. "We believe our progress throughout this year to strengthen our balance sheet and enhance our financial flexibility is reflective of the early success we have achieved with our new business model and our entry in the digital arena."

About IMAX Corporation

IMAX Corporation is one of the world's leading entertainment technology companies, specializing in immersive motion picture technologies. The worldwide IMAX network is among the most important and successful theatrical distribution platforms for major event Hollywood films around the globe, with IMAX(R) theatres delivering the world's best cinematic presentations using proprietary IMAX, IMAX(R) 3D, and IMAX DMR(R) technology. IMAX DMR is the Company's groundbreaking digital re-mastering technology that allows it to digitally transform virtually any conventional motion picture into the unparalleled image and sound quality of The IMAX Experience(R). The IMAX brand is recognized throughout the world for extraordinary and immersive entertainment experiences for consumers. As of September 30, 2009, there were 403 IMAX theatres (280 commercial, 123 institutional) operating in 44 countries.

IMAX(R), IMAX(R) 3D, IMAX(R) DMR, Experience It In IMAX(R), The IMAX 3D Experience(R) and The IMAX Experience(R) are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).

The IMAX Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6469

This press release contains forward looking statements that are based on management's assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. Important factors that could affect these statements include, but are not limited to, general economic, market or business conditions, including the length and severity of the current economic downturn, the opportunities that may be presented to and pursued by the Company, the performance of IMAX DMR films, conditions in the in-home and out-of home entertainment industries, the signing of theatre system agreements, changes and developments in the commercial exhibition industry, the failure to convert theatre system backlog into revenue, investments and operations in foreign jurisdictions, foreign currency fluctuations and the Company's prior restatements and the related litigation and ongoing inquiries by the SEC and the OSC. These factors and other risks and uncertainties are discussed in the Company's most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: IMAX Corporation

CONTACT: IMAX Corporation, New York
Media:
Sarah Gormley
212-821-0155
sgormley@imax.com
Investors:
Heather Anthony
212-821-0121
hanthony@imax.com
Rogers & Cowan, Los Angeles
Entertainment Media:
Elliot Fischoff/Jason Magner
310-854-8128
jmagner@rogersandcowan.com
Sloane & Company, New York
Business Media:
Whit Clay
212-446-1864
wclay@sloanepr.com

The preceeding is a transcript of the MarketNewsVideo.com video published at: http://www.marketnewsvideo.com/?id=200910DebtDeals102909&mv=1.

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