Panasonic Acquires Audio Streaming Platform Provider Aupeo GmbH

Panasonic Acquires Audio Streaming Platform Provider Aupeo GmbH

WIESBADEN, Germany, April 8, 2013 /PRNewswire/ --

    Media Content Delivery Platform Provides Automotive Industry with Personalized Mobile
Service

    Panasonic Corporation of North America and its division company Panasonic Automotive
Systems Company of America today announced the acquisition of Aupeo GmbH, a leading
content and audio streaming service and technology platform provider, based in Berlin,
Germany. Aupeo has global reach providing consumers with a unique content experience, and
its acquisition will further enhance the leading-edge technology and customer relationship
tools Panasonic is able to offer its automotive customers.

    "Providing connected services and mobile content delivery that both appeal to
consumers and enable product differentiation is critical to the automotive industry," said
Tom Gebhardt, President of Panasonic Automotive Systems Company of America. "There is a
considerable need for a connected and personalized media content platform that enables
consumers to access content on any device while also enabling businesses to have a richer
relationship with their customers. Conventional consumer-focused music and content
services do not address all the needs of car manufacturers. Aupeo's technologies and
content delivery platform provide a solution that is complementary to Panasonic's
automotive, business-to-business and business-to-consumer product lines."

    "Aupeo was founded with a clear vision to deliver online and seamless content services
to internet-connected devices", said Holger G. Weiss, CEO of Aupeo. "At that point, we saw
the car as our most important focus. It is exciting to become a part of the Panasonic
family as our industry continues to grow rapidly and mature. Aupeo and Panasonic remain
deeply committed to providing current and potential customers in all industries with
leading global music and audio streaming services and technologies."

    Aupeo was established in Berlin in 2008 by Armin G. Schmidt. Today, Aupeo is licensed
to operate streaming services in more than 40 countries, offering consumers a rich
personalized music experience. Aupeo also offers consumers more than 6,000 channels of
terrestrial radio, podcast streaming and other services and will continue to rapidly
deploy new products to meet the demands of end-users as well as Panasonic's customers in
the automotive and other industries. For more information on Aupeo, visit
corporate.aupeo.com [http://corporate.aupeo.com ]

    About Panasonic Automotive Systems Company of America

    Based in Peachtree City, GA, and with Detroit-area operations located in Farmington
Hills, MI, Panasonic Automotive Systems Company of America is a division company of
Secaucus, NJ-based Panasonic Corporation of North America, the principal North American
subsidiary of Panasonic Corporation of Osaka, Japan, one of the world's leading developers
and producers of innovative digital and other electronic products for consumer, business
and industrial use. Panasonic Automotive Systems Company of America, together with
Panasonic Corporation's Automotive and Industrial Systems Company, coordinate global
automotive industry systems and component operations. For more information on Panasonic
Automotive Systems Company of America please visit http://www.panasonic.com/automotive

    Editorial Contacts

    Jim Reilly (Media Relations) +1(201)392-6067 jim.reilly@us.panasonic.com

    Dan Unger (Media Relations) +1(201)392-4571 dan.unger@us.panasonic.com

Panasonic Europe Ltd.