Hammer delivered an acclaimed turn in The Social Network and recently wrapped filming on Clint Eastwood’s J Edgar opposite Leonardo DiCaprio.

UK-based Timeless Films, which former Icon CEO and Odyssey Entertainment founder Ralph Kamp launched in September 2009, will commence pre-sales in Cannes next wek.

Lightstream Pictures co-founder Paul Currie will begin principal photography in Sydney this autumn from an original concept by screenwriter Todd Stein and Nathan Parker.

Hammer will play an air traffic controller who narrowly avoids a mid-air disaster caused by a strange blinding light that leads him to a mysterious woman, an old double murder case and a second chance at love.

Lawrence Inglee from Lightstream Pictures is producing along with Icon Productions’ Bruce Davey and Jackie O’Sullivan.

“From the moment I first read the script, I realised that 2:22 was the kind of project that is extremely rare – a film that is highly cinematic, visceral and mysterious, providing audiences a thrill ride from the first to the very last scene,” Currie said.

2:22 continues with the current trend of intelligent thought-provoking films,” Kamp said. “This film promises to be high on energy, aesthetically appealing and we expect a very warm reception from our buyers in Cannes. ”

Hammer has lined up Tarsem’s The Brothers Grimm: Snow White opposite Julia Roberts for Relativity Media.