Panasonic Signs Official Worldwide Olympic Partnership Agreement.Tokyo, Japan, Sept 3, 2007 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Panasonic, the leading brand by which Matsushita Electric Industrial Co., Ltd. is known, announced today 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 Official Worldwide Olympic Partnership for a further eight years through to the 2016 Olympic Games Olympic games, premier athletic meeting of ancient Greece, and, in modern times, series of international sports contests. The Olympics of Ancient Greece 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 at The Banqueting House In Tudor and Early Stuart English architecture a banqueting house is a separate building reached through pleasure gardens from the main residence, whose use is purely for entertaining. in London, was hosted by IOC President Jacques Rogge, and Fumio Ohtsubo, President of Matsushita Electric Industrial Co., Ltd. Under the terms of the agreement, Panasonic continues as the Official Worldwide Olympic Partner in the Audio and Video Equipment category, enabling billions of sports fans to watch the Olympic Games using the latest high definition (HD) broadcast systems and audio visual equipment developed by Panasonic. The sponsorship category will be extended to also include Digital Still Cameras. "Panasonic is proud to announce its commitment to support the Olympic Movement for another eight years through to 2016, building on its nearly 20-year partnership with the International Olympic Committee," said Fumio Ohtsubo. "Through our commitment to the Olympic Movement, we want to make it possible for people around the world to share the passion of the Olympic Games with our HD technologies whether they are in the stadium or watching from home. Panasonic promises to bring the excitement of the Olympic Games to life." Jacques Rogge welcomed the renewal of the Panasonic's partnership, "Panasonic has been a valued partner of the Olympic Movement since our worldwide TOP programme began. Panasonic's global reach, expertise and cutting edge audio and video technologies have proved essential over the last decade in the efficient staging of the Olympic Games. Panasonic's vision for the continued innovation of high definition technology is a true testament to the Olympic spirit of excellence, friendship and respect." Panasonic has been an Official Worldwide Olympic Partner since The Olympic Partner (TOP) Programme started in 1988, for the Calgary Olympic Winter Games and Seoul Olympic Games, in the Audio and Video Equipment category with the aim of providing financial and technical support to the staging of the Olympic Games. For more information on Panasonic's Olympic partnership activities, please see: http://panasonic.net/olympic/towards2016.html About Panasonic (Matsushita Electric Industrial) Best known by its Panasonic brand name, Matsushita Electric Industrial Co., Ltd. is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business and industrial needs. Based in Osaka, Japan, the company recorded consolidated net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of US$76.02 billion for the year ended March 31, 2006. The Company's shares are listed on the Tokyo, Osaka, Nagoya and 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 (NYSE NYSE See: New York Stock Exchange :MC) stock exchanges. For more information on the company and the Panasonic brand, visit the Company's website at http://panasonic.net/. Source: Panasonic (Matsushita Electric Industrial) Contact: Munetsugu Takeda Panasonic Europe Ltd. Tel: +49-611-235-305 Japan Corporate News Network. All rights reserved. |
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