IMAX Corporation announced an agreement to install IMAX's next-generation laser digital projection technology in the Smithsonian's three IMAX(R) theatres, enabling the Smithsonian to deliver the highest-quality digital content available -- both documentaries and blockbuster films -- and further enhance The IMAX Experience(R) for its millions of visitors annually. IMAX's next-generation projection system is expected to set a new benchmark as the industry's premium entertainment experience. The system, which incorporates the laser digital intellectual property IMAX exclusively licensed from Eastman Kodak in 2011, represents the largest R&D initiative in IMAX's history and will enable IMAX(R) dome theatres and IMAX screens larger than 80 feet to deliver the highest-quality digital content available with greater brightness and clarity.