2011-02-18 09:00 
SINGAPORE, Feb. 18, 2011
/PRNewswire-Asia/ -- M2B World Asia Pacific Pte Ltd announced a
technology partnership with Panasonic Asia Pacific Pte Ltd that
allows both companies to develop local content for media exposure
to the Asia Pacific market through Connected TV.
M2B World Asia Pacific Pte Ltd, a
subsidiary of Amaru Inc, USA, and Asia's leading Broadband content
provider has signed an agreement with Panasonic Asia Pacific Pte
Ltd to provide content for Panasonic 2010/2011 VIERA
Connect.
Panasonic is committed to provide
the highest quality home entertainment experience and viewing
options to the consumer. Panasonic's proprietary IPTV functionality
is expanded and enhanced for 2011, with a new identifying name,
VIERA Connect™, reflecting the transition from the walled garden
approach of VIERA Cast to the interactive and inter-connected
philosophy behind the new Internet enabled platform.
Speaking of the partnership, M2B's
CEO Percy Chua said, "Connected TV is the way of future television.
This opens up great business opportunities by tapping onto the
growing internet connectivity in the Asia Pacific region. With
Panasonic's planned roll out every quarter of 2011 in populous
countries like Indonesia and India, M2B sees profitability in
bundled contents. Furthermore, M2B with its worldwide content
rights is able to expand together with Panasonic in the European
markets."
About M2B World Asia Pacific Pte
Ltd
M2B is a leader in the Broadband
Media Entertainment business, and a major provider of interactive
entertainment-on-demand streaming over Broadband channels, Internet
portals, and 3G devices. Its unique portfolio of content links
Hollywood with Asia appeal to a wide variety of consumers as well
as advertisers.
About Panasonic
Panasonic Corporation is a worldwide
leader in the development and manufacture of electronic products
for a wide range of consumer, business, and industrial needs. Based
in Osaka, Japan, the company recorded consolidated net sales of
7.42 trillion yen (US$79.4 billion) for the year ended March 31,
2010. The company's shares are listed on the Tokyo, Osaka, Nagoya
and New York (NYSE: PC) stock exchanges. For more information on
the company and the Panasonic brand, visit the company's website
at http://panasonic.net/
Safe Harbour
Act
The information posted in this
release may contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. You can
identify these statements by use of the words "may," "will,"
"should," "plans," "expects," "anticipates," "continues,"
"estimates," "project," "intend," and similar expressions.
Forward-looking statements involve
risks and uncertainties that could cause actual results to differ
materially from those projected or anticipated. These risks and
uncertainties include, but are not limited to, growth and demand
for broadband services, the unproven nature of the subscriber
model, consumer adaptation of set-up boxes, the ability to manage
rapid growth, disruptions to networks, competitors and new
entrants, changes in product mix, our efforts to establish
independent broadband sites in countries where conditions are
suitable, our ability to expand our offerings of content in
entertainment and education, and various other factors beyond the
Company's control.
MEDIA CONTACT:
Cheyenne Sin
M2B World Asia Pacific Pte Ltd
Tel: +65-6332-9123 (117)
Email: [email protected]
SOURCE M2B World Asia Pacific Pte
Ltd