Par high on Schepisi’s ‘I.Q.’

Paramount Pictures’ romantic comedy “I.Q.” has become a high-priority project , and will most likely go before the cameras as early as October, with Fred Schepisi now attached to direct, sources confirmed Wednesday.

The story of a security guard’s relationship with Albert Einstein and his niece will be executive produced by Scott Rudin and Sandy Gallin.

Carol Baum and Schepisi will produce the project, which is budgeted in the mid-$ 20 million range. It is scheduled to be released by the studio next summer.

“I.Q.,” originally titled “A Regular Einstein,” was written by Andy Breckman. Sources said that “War of the Roses” scripter Michael Leeson has been hired to do a production polish.

While the project has been in development for some time, sources insist that Paramount’s Motion Picture Group chair, Sherry Lansing, brought Rudin on board about a month ago to “make it a ‘go’ film.”

Rudin and Gallin are currently working on a video with Michael Jackson for Rudin’s “Addams Family Values,” which will be released this Thanksgiving.

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