Panasonic Solutions Company Launches Operations

SECAUCUS, N.J., April 1 /PRNewswire-FirstCall/ -- Joseph M. Taylor, Chairman and CEO of Panasonic Corporation of North America, today announced that Rance Poehler will head the newly consolidated Panasonic Solutions Company as President.  The new B2B-focused company will incorporate the operations of Panasonic Computer Solutions Company, Panasonic Broadcast & Television Systems Company and Panasonic Professional Display Company and formally launch operations today, April 1, 2010.  

Panasonic Solutions Company will deliver content creation, collaboration, information-sharing and decision-support solutions for customers in government, healthcare, education as well as a wide variety of commercial enterprises. Products and services within the Panasonic Solutions portfolio include Panasonic Toughbook® mobile computing solutions, projectors and professional displays and HD video acquisition and production solutions.

"At Panasonic we have always been focused on providing the most reliable technology platforms to support our customers' missions. With this consolidation, Panasonic is streamlining its relationships with customers and offering them a broad portfolio approach," said Mr. Taylor.  "We believe this change will make Panasonic an easier company with which to do business and enhance our ability to deliver superior products, services and support to commercial and government customers."  

"Panasonic is a technology leader and continues to spend over $3 billion in R&D each year," said Rance Poehler, president, Panasonic Solutions Company. "We will utilize the technology and innovation from our multiple engineering and research centers to create new solutions, built with the input of our customers and ecosystem of channel partners, to substantially grow our business."  

Opportunities for Channel Partners and ISVs in Vertical Markets

Panasonic Solutions Company will deliver an integrated solutions approach based on the company's proven experience automating and supporting business processes in vertical markets.  The company will adopt a two tier channel approach to its sales, providing partners significant opportunities to expand their portfolio of reliable Panasonic products and create a host of new solutions for enterprise and government organizations.

"Offering Panasonic's array of mobile computing, video, and display technologies under one banner makes sense," said Roger Kay, principal analyst at Endpoint Technologies Associates.  "Many of Panasonic's government and commercial customers rely on the company's full suite of technologies to streamline operations, gather and analyze business intelligence, protect and train employees, and improve customer experience."

About Panasonic Corporation of North America

Based in Secaucus, NJ, Panasonic Corporation of North America provides a broad line of digital and other electronics products for consumer, business and industrial use. The company is the principal North American subsidiary of Panasonic Corporation (NYSE: PC), and the hub of Panasonic's U.S. branding, marketing, sales, service and R&D operations. Panasonic is pledged to practice prudent, sustainable use of the earth's natural resources and protect our environment through the company's Eco Ideas programs. Information about Panasonic and its products is available at www.panasonic.com. Additional company information for journalists is available at www.panasonic.com/pressroom.  Information on Panasonic Solutions Company's full line of products can be obtained at: www.panasonic.com/business-solutions.

SOURCE Panasonic