try like this. It`s Working fine for me. Ithing In your logic you have errors
<asp:scriptmanager id="ScriptManager1" runat="server" xmlns:asp="#unknown">
</asp:scriptmanager>
<asp:UpdatePanel ID="UpdatePanel1" runat="server">
<ContentTemplate >
<asp:ImageButton ID="ImageButton1" runat="server" Height="50px" Width ="50px" OnClientClick ="add(); return false;" ImageUrl ="~/images/images.jpeg"/>
<asp:Label ID="Label1" runat="server" Text="Label"></asp:Label>
</ContentTemplate>
</asp:UpdatePanel>
Javascript:
function add()
{
alert ('You Clicked image button');
}