Matsushita Electric -Panasonic- Signs Worldwide Olympic Partnership Agreement.Business Editors OSAKA, Japan & BEIJING, China--(BUSINESS WIRE)--Aug. 6, 2002 Matsushita Electric Industrial Co., Ltd., best known for its Panasonic brand products, announced today that it has signed an agreement with the International Olympic Committee “IOC” redirects here. For other uses, see IOC (disambiguation). The International Olympic Committee (French: Comité International Olympique) is an organization based in Lausanne, Switzerland, created by Pierre de Coubertin and Demetrios Vikelas on June 23 (IOC IOC abbr. International Olympic Committee IOC n abbr (= International Olympic Committee) → COI m IOC n abbr (= ) to renew its worldwide Olympic partnership for the 2006 Torino Olympic Winter Games
Although records cannot verify games earlier than 776 B.C. . The signing ceremony A signing ceremony is a ceremony in which a bill passed by a legislature is signed (approved) by an executive, thus becoming a law. Modern-day signing ceremonies are derived from ceremonies that occurred when the British monarch gave Royal Assent to acts of Parliament. , held today in Beijing, was attended by Mr. Hein Verbruggen, Chairman of IOC Co-ordination Commission for the Games of the XXIX Olympiad, Mr. Francois Carrard, IOC Director General and Mr. Yoichi Morishita, Chairman of Matstushita Electric. Under this agreement, Panasonic continues its partnership with the Olympic Movement as Worldwide Official Partner in the category of "Audio, TV and Video equipment, and Recording Media relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc Audio and Moving Images, including Broadcast and Professional use". As part of the TOP VI program, Panasonic's category has been extended to include Car Navigation Systems and related multimedia equipment. Panasonic will further extend its first right to provide Security Systems to the Organizing Committees of the Torino and Beijing Games. Panasonic expects to play a vital role in the delivery of products, services and expertise in all areas relevant to its category. Panasonic will provide broader support to the Torino 2006 and Beijing 2008 Games than it has for past Games. Panasonic will contribute audio/video equipment such as Astrovision large display systems, RAMSA RAMSA Robert A M Stern Architects RAMSA Research for Advanced Music Sound and Acoustics professional sound systems, large projection systems, and consumer electronics products. Mr. Verbruggen (IOC) welcomed the renewal of Panasonic's partnership for the TOP VI program: "Panasonic is a worldwide company which has developed a tradition of providing vital support for the Olympic Movement. Their Olympic Games experience combined with their latest digital technology gives the Olympic Movement a partner who is a leader in their field. " Mr. Yoichi Morishita, Chairman of Matsushita Electric said "We are proud that Panasonic is contributing to making the Olympic experience more exciting and more `real` through our Audio/Visual equipment and the advances in this technology. The Olympic Games always gives our company new challenges in the field of technology and business and we promise to cooperate with the IOC and the organizing committees to ensure the success of the 2006 and 2008 Olympic Games through Panasonic's most advanced digital technology." Matsushita Electric (Panasonic) has been an Official Partner since the first TOP program had started, and today's signing represents the sixth such consecutive agreement. The TOP program was introduced for the Calgary and Seoul Olympic Games in 1988 with the aim of providing financial and technical support to the staging of the Olympic Games. The TOP program also provides support for every National Olympic Committee National Olympic Committees (or NOCs) are the national constituents of the worldwide olympic movement. Subject to the controls of the International Olympic Committee, they are responsible for organizing their country's participation in the Olympic Games. , the athletes and teams, and the entire Olympic Movement. About Matsushita Electric Industrial Co., Ltd. (Panasonic) Matsushita Electric Industrial Co., Ltd., best known for its Panasonic, National, and Technics tech·nic n. 1. technics (used with a sing. or pl. verb) The theory, principles, or study of an art or a process. 2. technics (used with a pl. verb) Technical details, rules, or methods. 3. and Quasar brand names, is a worldwide leader in the development and manufacture of electronics products for a wide range of consumer, business, and industrial needs. Based in Osaka, Japan, the company recorded consolidated sales of US$51.7 billion for the fiscal year ended March 31, 2002. In addition to the Tokyo and other Japanese stock exchanges (6752), Matsushita Electric is also listed on the Amsterdam, Dusseldorf, Frankfurt, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Pacific (NYSE/PCX: MC), and Paris stock exchanges. For more information, visit Panasonic's web site at: http://www.panasonic.co.jp/global/top.html. |
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