Asia Fresh News

Asia Fresh Stories

M2B Announces Technology Development Partnership with Panasonic

leave a comment »

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: cheyenne.sin@wowtv.com

 

SOURCE M2B World Asia Pacific Pte Ltd

 

Written by asiafreshnews

February 18, 2011 at 2:02 pm

Posted in Business & Finance

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: