April 2007

Panasonic Offers a Wide Range of Finance Solutions for Projector Resellers and Customers

Panasonic Projector Systems Company and CoActiv Capital PartnersTeam to Provide Innovative Financial Solutions

(Horsham, PA) April 24, 2007 – Panasonic Projector Systems Company announced an agreement with CoActiv Capital Partners (CoActiv), a Marubeni Group Company, to provide innovative financing and leasing programs to business customers interested in acquiring Panasonic projector equipment. The Panasonic Finance Solutions program is administered by CoActiv through Panasonic’s current projector reseller network.

Panasonic Finance Solutions’ goal is to make acquisition of Panasonic projector equipment easier and faster, while providing an array of finance solutions that will make the equipment more affordable with lease plans to match customers’ budgets and business plans.

“Together with Panasonic Finance Solutions, we are now a one-stop provider for our customers by not only offering the best projectors and accessories, but also the most affordable way to acquire them. Plus, Panasonic Finance Solutions has the experience and ability to help promote strategic products in a timely manner, helping both our dealers and customers,” said Steve Abend, Director and National Sales Manager of Panasonic Projector.

“Our customers will appreciate the comprehensive benefits of equipment acquisition through Panasonic Finance Solutions, such as 100% cost coverage and technological obsolescence protection,” continued Mr. Abend. “For example, a Bundled Lease will provide one easy payment for 100% of the customer’s costs for Panasonic equipment, as well as peripheral equipment not necessarily manufactured by Panasonic, such as screens and accessories.”

Panasonic Finance Solutions will also enhance the sales process for Dealers and System Integrators by allowing them to offer these products to their customers. For staging companies nwho keep demos or a rental inventory, lease programs are a great way to get the equipment they need to earn income without tying up their existing credit lines. In addition, Dealers will benefit from special funding arrangements like Split Funding, which gives them the option to have their customer’s equipment shipped directly from Panasonic, freeing up room in inventory and reducing inventory expense.

David Gerrard, CoActiv’s Vice President and General Manager for Technology, said, “The Panasonic Projector program deepens our partner relationship with Panasonic brands, shows our commitment to learning their businesses, and demonstrates CoActiv’s ability to not only provide sales-aid finance programs, but also successfully integrate them into Panasonic’s distribution channels. We’re proud to have this industry leader as our strategic partner.”

About Panasonic Projector Systems Company
Panasonic Projector Systems Company is a leading supplier of presentation products and systems. Panasonic Projector Systems 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 Projector Systems products, access the company’s web site at www.panasonic.com/projectors.

About CoActiv Capital Partners
CoActiv Capital Partners, headquartered in Horsham, PA, is one of the fastest growing commercial equipment leasing finance companies in the United States. CoActiv specializes in designing and implementing private-label leasing programs to meet the needs of equipment manufacturers in the healthcare and technology business segments, as well as for commercial banks. CoActiv Capital Partners is part of Marubeni America Corporation (MAC), the largest overseas subsidiary of Marubeni Corporation of Japan. MAC is headquartered in New York City, with 7 other U.S. locations and 37 subsidiary and affiliated companies and access a network of over 120 Marubeni Group offices and 555 associated companies worldwide. Marubeni America Corporation is located at 450 Lexington Avenue, New York, NY 10017. CoActiv Capital Partners’ headquarters is located at 655 Business Center Drive in Horsham, Pennsylvania. For more information, call 267-960-4000. For more information visit www.CoActivCapital.com.