Panasonic Names Eisuke Tsuyuzaki Chief Technology Officer

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 www.panasonic.com. Additional
company information for journalists is available at
www.panasonic.com/pressroom.

SOURCE Panasonic

Blayne Murphy, Cohn & Wolfe, +1-212-798-9763, blayne.murphy@cohnwolfe.com; or
Jim Reilly, Panasonic, +1-201-392-6067, reillyj@us.panasonic.com