PANASONIC ANNOUNCES MAJOR DVCPRO P2 SALE TO FOX OWNED-AND-OPERATED STATIONS IN NATION'S #1 NEWS MARKET
WNYW-TV and WWOR-TV Converting News Operations to Solid-State Recording
New York, NY (February 10, 2005) -- Panasonic announced that Fox's owned-and-operated stations in the New York City market, WNYW-TV, (Fox affiliate Channel 5 in New York, NY) and WWOR-TV (UPN affiliate Channel 9 in Secaucus, NJ), are converting their news operations to the DVCPRO P2 solid-state memory recording system.

The stations' initial purchase includes a substantial quantity of DVCPRO P2 equipment including AJ-SPX800 cameras, AJ-SPD850 studio decks and AJ-PCD10 Drives. The stations will begin the conversion of their news operations to DVCPRO P2 in March. Currently, WNYW-TV produces 38 hours of news programming weekly and WWOR-TV produces 7 hours a week.

John Baisley, President, Panasonic Broadcast, said, "In the ultra-competitive New York City news market, we are delighted to welcome WNYW-TV and WWOR-TV to the growing family of television stations converting to DVCPRO P2."



"DVCPRO P2 will enable WNYW-TV and WWOR-TV to implement new, cost-effective workflow processes to speed up news gathering and deliver the news faster to viewers. DVCPRO P2 provides the distinct advantage of being able to shoot and edit nonlinearly in the field, and transmit the actual story to the station for airing."

Panasonic's DVCPRO P2 series products are fully compatible with DVCPRO, the industry's standard for digital newsgathering, and provide a seamless migration path to DVCPRO HD. DVCPRO P2 offers nonlinear acquisition and instant access to material, high-speed file transfer, laptop field editing without requirement for proxy videos, and compatibility with off-the-shelf data storage drives for low-cost archiving, while eliminating traditional digitizing and ingesting operations. The DVCPRO P2 system eliminates transports and mechanisms, resulting in a significant maintenance cost-savings because of the absence of any moving parts that can break down or wear out from repetitive use. Moreover, DVCPRO P2 products are resistant to environmental extremes including shock, vibration, cold, dust, moisture and humidity. The P2 card is re-usable up to 100,000 times, allowing a station to substantially reduce its media budget. For more information, 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 Panasonic Corporation of North America. The company is the North American headquarters of Matsushita Electric Industrial Co., Ltd. (NYSE: MC) of Japan, and the hub of its U.S. marketing, sales, service and R&D operations For more information on Panasonic Broadcast products, access the company's web site at www.panasonic.com/broadcast .