PANASONIC FIVE-SLOT AJ-PCD10 P2 SOLID-STATE MEMORY DRIVE TO DELIVER IN MAY

LAS VEGAS, NV (April 18, 2004) -- At NAB 2004, Panasonic announced that it will begin deliveries in May of the AJ-PCD10, a five-slot P2 solid-state memory drive. The P2 internal/external drive is designed for high-speed file transfer of 25Mbps DVCPRO or 50Mbps DVCPRO50 video into nonlinear editing systems and servers. With the AJ-PCD10, a user can mount five 4GB P2* cards (containing up to 80 minutes of recordings in DVCPRO) at the same time and have access to the contents on all five cards for continuous editing of recorded clips in sequence. With the AJ-PCD10, digitizing is eliminated, so that material can be accessed almost instantaneously. As an internal drive, the AJ-PCD10 installs in a standard PC type 5.25” bay drive enclosure, and through its high-speed USB 2.0 interface, connects to the host computer, and through that computer to a television station’s local area network (LAN). For in-the-field use, the AJ-PCD10 serves as a stand-alone external drive and teams with a notebook PC for editing and playback. The AJ-PCD10 card drive will be available in May at the suggested list price of $2,500. The DVCPRO P2 product family also includes the AJ-SPX800 Camputer™ camcorder, AJ-SPD850 studio recorder, and AJ-P2C004S 4GB and AJ-P2C002S 2GB capacity P2 cards*. For more information on the DVCPRO P2 Series, visit www.panasonic.com/p2. About Panasonic Broadcast Panasonic Broadcast & Television Systems Co. is a leading supplier of broadcast, professional video and presentation products and systems. Panasonic Broadcast is a unit company of Matsushita Electric Corporation of America, the principal North America subsidiary of Matsushita Electric Industrial Co., Ltd. (NYSE: MC), one of the world’s leading developers and producers of electronic and electric products for consumer, business and industrial use. * P2 card capacity shown above reflects capacity of unformatted card. Useable capacity will be less.