Panasonic Professional Display Company Appoints Herman Procurement and Logistics as New Channel Partner

3/3/2009

Miami, Florida — Herman Procurement & Logistics, a national leading provider of connectivity and infrastructure products and services to the broadcast and commercial AV industries, is proud to announce that it has entered into a channel distribution agreement with Panasonic Professional Display Company. Herman will incorporate a full lineup of Panasonic Professional Displays and related accessories into their procurement and logistics value added services model. The products will be stocked in Herman's distribution facilities to provide more localized inventory and to better serve their mutual customers. Herman customers can now add Panasonic Professional Display products to their consolidated sourcing program through the Herman value added procurement and logistics programs. Herman continues to build upon their product offering with the goal to help systems integrators reduce operating costs and increase efficiencies around the procurement, management and logistics of the products required for their projects.

"We look forward to a successful partnership with Herman Procurement & Logistics. Their logistical and distribution expertise will be important tools in helping Panasonic Professional Display Company deliver our award winning and industry leading display solutions to our AV customers," said Andrew Nelkin, President of Panasonic Professional Display Company. "We are very excited to partner with Panasonic Professional Display Company," said Jeffrey A. Wolf, Executive Vice President of Herman Procurement & Logistics. "As we continue to build upon our product offering to increase our value proposition, it is our goal to distribute industry leading products while providing outstanding customer support. We are confident that through the distribution of Panasonic Professional Display products we are providing our customers with valued solutions for their integration needs."

About Herman

Herman is one of the nations leading providers of connectivity and infrastructure products and services to the Broadcast and Commercial AV industries. In business for 45 years, Herman has leveraged its industry expertise to develop new and state-of the-art services specifically designed to improve operational efficiencies, project management, and cash flow related to the procurement and management of project materials. Herman corporate offices are located in Miami, Florida with four additional distribution facilities located in Atlanta, Georgia, Pompton-Plains, New Jersey, Dallas, Texas and Sparks, Nevada. To learn more about Herman visit www.hermanelectronics.com.

About Panasonic Professional Display Company

Panasonic Professional Display Company, a unit of Panasonic Corporation of North America, is responsible for the companys professional digital display business. Based in Secaucus, N.J., Panasonic Professional Display Company, a market and technology leader in professional digital displays, is a Division of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation (NYSE: PC) and the hub of Panasonic's U.S. marketing, sales, service and R&D operations. Panasonics exclusive Panasonic Plasma Concierge program for professional and consumer owners of Panasonic Plasmas is administered through its Virginia-based Call Center which has been recognized as a Certified Center of Excellence by the Center for Customer-Driven Quality at Purdue University. For more information on Panasonic Professional Display Company, please visit www.panasonic.com/proplasma.

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