Paramount Pictures, Skydance Productions, Bad Robot, and IMAX Corporation today announced that the fifth installment in the blockbuster Mission: Impossible 5 franchise, directed by Christopher McQuarrie and starring Tom Cruise, will be digitally re-mastered into the immersive IMAX® format and released in IMAX® theaters worldwide beginning July 31st.

The new film is produced by Tom Cruise, J.J. Abrams and Bryan Burk. The executive producers are David Ellison, Dana Goldberg and Don Granger of Skydance Productions and Jake Myers. Drew Pearce, Christopher McQuarrie, Will Staples, Laeta Kalogridis & Patrick Lussier and Dylan Kussman wrote the screenplay, based on the television series created by Bruce Geller.

The newest installment reunites Tom Cruise with stars from 2011's Mission: Impossible Ghost Protocol, including Jeremy Renner, Simon Pegg and Ving Rhames. Joining the cast is Alec Baldwin, Rebecca Ferguson and Sean Harris. Said Tom Cruise:

"IMAX is so important in giving the audience the best experience of the film we have made. I am very happy to have this partnership on the next 'MISSION.'"

Said Greg Foster, Senior Executive Vice President, IMAX Corp. and CEO of IMAX Entertainment.

"After the innovative way we worked with our longtime partners Paramount Pictures, Skydance Productions, Bad Robot and Tom Cruise on the record-setting Mission: Impossible Ghost Protocol, we are beyond thrilled to once again offer audiences The IMAX Experience® of the latest installment of this action-packed franchise. This film was literally made for IMAX and summer moviegoing."

Rob Moore, Vice Chairman of Paramount Pictures said,

"Audiences the world over proved with the last 'MISSION' that the IMAX experience is not to be missed and so we are all thrilled to again partner with Rich, Greg and everyone at IMAX to bring this next exciting installment to their screens this summer."

The Mission: Impossible franchise has earned more than $2 billion at the box office, making it one of the most successful franchises in movie history.

The IMAX® release of the latest Mission: Impossible film will be digitally re-mastered into the image and sound quality of The IMAX Experience® with proprietary IMAX DMR® (Digital Re-mastering) technology. The crystal-clear images, coupled with IMAX's customized theatre geometry and powerful digital audio, create a unique environment that will make audiences feel as if they are in the movie.