Faisal Pandit Named President of PFSA

CONTACT: Kristin Serna Panasonic System Solutions Company of North America – Process Automation PH: 847-637-9600 FAX: 847-637-9601 PFSAmarketing@us.panasonic.com

January 4, 2012 - Rolling Meadows, IL - Panasonic Corporation of North America has named M. Faisal Pandit the next President of Panasonic System Solutions Company of North America – Process Automation (PSSNA-PA). Pandit assumed leadership on January 1, 2012 after holding several positions within Factory Solutions over his 20 years with the company.

"Panasonic has a solid portfolio of manufacturing solutions and a highly-reputed customer support team helping electronics assembly manufacturers maximize their efficiency. I look forward to continuously improving how Panasonic can empower customers to better execute and become more sustainable," Pandit stated. Prior to being appointed President, Pandit served as Director of Solutions which includes managing the global software organization responsible for product development, sales, deployment, and customer support. In addition, he also directed all engineering services, field service support, and spare parts activities throughout North America.

"Faisal Pandit has been a driving force for the expansion of Panasonic's manufacturing execution software across North America as well as overseas markets," remarked Tom Gebhardt, former PSSNA-PA President and current Panasonic Automotive Systems Company of America President. "Among his many achievements with Panasonic, Pandit established and directed the global software solutions group which developed PanaCIM® Enterprise Edition (a Manufacturing Execution System). He also spearheaded the concentration of the software business to become US-based, supporting customers worldwide."

Pandit's experience includes equity analysis in the technology sector and a long stint in the electronics manufacturing industry in various business and product development roles including 5 years with PSSNA-PA as the head of the Global Systems Group. He holds a BS from the University of Illinois, MS from the Illinois Institute of Technology, and an MBA from Northwestern's Kellogg School of Management.


About Panasonic System Solutions – Process Automation

Panasonic System Solutions Company of North America – Process Automation, a North American source for electronic assembly equipment (SMT), software and technical support, provides total business systems solutions for electronic semiconductor and packaging companies in the global marketplace through one provider. The company is a unit of Panasonic Corporation of North America, which is the principal North American subsidiary of Panasonic Corporation (NYSE: PC).

For additional information: Panasonic System Solutions Company of North America – Process Automation, 5201 Tollview Drive, Rolling Meadows, IL 60008. PFSAmarketing@us.panasonic.com PH: 847-637-9600. www.panasonicfa.com

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