PC Panasonic Corp.

Head of Panasonic Hollywood Laboratory Appointed CTO of Panasonic Corporation of North America SECAUCUS, N.J., June 26 /PRNewswire-FirstCall/ -- Panasonic Corporation of North America today named Eisuke Tsuyuzaki its new Chief Technology Officer. Mr. Tsuyuzaki has served as Managing Director of Panasonic Hollywood Laboratory since 2005. In this capacity, he directed Panasonic's next-generation entertainment R&D activities in the U.S., especially in the Blu-ray Disc format and 3D Full HD TV areas, and deepened the company's relationships with the Hollywood studios and creative community. Before joining Panasonic, Mr. Tsuyuzaki held leadership positions in corporate development and technology functions at Sony Corporation and Sony Pictures Entertainment. "We are confident that Eisuke Tsuyuzaki will be the right technology strategy leader for Panasonic in North America at a time when converging technologies are creating so many new opportunities," said Yoshi Yamada, Chairman and CEO of Panasonic Corporation of North America. "Eisuke's expertise in technology standards and strategic alliance-building and his understanding of the needs of the content creators will be great assets for Panasonic as he takes on his new role." Mr. Tsuyuzaki succeeds Dr. Paul Liao, who is leaving Panasonic to become President and CEO of Cable Television Laboratories, Inc. (CableLabs(R)), the non-profit research and development consortium founded by the nation's cable system operators. About Panasonic Based in Secaucus, N.J., Panasonic Corporation of North America markets 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 http://www.panasonic.com/. Additional company information for journalists is available at http://www.panasonic.com/pressroom. DATASOURCE: Panasonic CONTACT: Blayne Murphy, Cohn & Wolfe, +1-212-798-9763, ; or Jim Reilly, Panasonic, +1-201-392-6067, Web Site: http://www.panasonic.com/

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