Panasonic System Solutions – Process Automation Enjoys Double-digit Fiscal Growth

Rolling Meadows, IL (May 28, 2014)– Panasonic System Solutions Company of North America – Process Automation announced today that it recorded double-digit growth in its fiscal year that ended March 31, 2014. In particular, it cited notable progress with Tier 1 suppliers, including a more than 200% increase in mid-market penetration and nearly 400% growth in refurbished machinery sales.

“By refining our infrastructure, the evolution of our “Any Mix Any Volume” market strategy, and the innovative hardware and software innovations, we accomplished tremendous growth in fiscal 2013,” stated M. Faisal Pandit, President of Panasonic System Solutions Company of North America – Process Automation.

This extended reach into the market contributed to doubling new customer accounts over the last year while research and collaboration yielded new innovations such as the AM100 placement machine, NPI-award-winning PanaCIM® Express (a self-contained MES deployment solution), and the newly released PanaCIM Maintenance with Augmented Reality. Additionally, customer service levels were elevated with the company’s implementation of the Project Management Office, a tool designed to make installations and technical service seamless “non-events”.

"Our growth in fiscal 2013 clearly proves Panasonic System Solutions – Process Automation has listened to and acted on what the market needed in order to offer total solutions aligning with the low volume high-mix market, as well as our Tier 1 manufacturers,” Mr. Pandit said.

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About Panasonic System Solutions Company of North America – 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.

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

Editorial Contact Kristin Serna (Media Relations) 847.637.9600 PFSAmarketing@us.panasonic.com

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