Panasonic Corporation of North America and AEG just announced they have entered into a long-term agreement, which names Panasonic as a founding partner of L.A. LIVE and a founding partner of STAPLES Center beginning in August 2009. L.A. LIVE is a 4-million square-foot sports, residential and entertainment district featuring Club Nokia, Nokia Theatre L.A. LIVE, a 54-story convention destination, the GRAMMY Museum, a 14-screen Regal Cineplex and broadcast facilities for ESPN.

 

Technologies at these "Panasonic Powered Properties" will improve entertainment, education, safety, convenience and the environment.

 

"This unique partnership will stimulate business and bolster consumer confidence," said J.M. Allain, president of Panasonic's System Solutions Company business unit. "We have committed to a comprehensive investment in resources and technology-driven solutions that transcend traditional expectations."

 

"Panasonic's solution fulfills our commitment to a world-class live entertainment experience," said Timothy J. Leiweke, president and chief executive officer of AEG. "Panasonic delivers the best experience for our visitors with the broadest range of new technologies available from a single entity."

 

"The Panasonic experience" is already in place at the Beijing Olympic Games, Planet Hollywood in Las Vegas, New York City's Times Square, Princess Cruises and the recently announced Major League Soccer sports and community development project in Philadelphia.

 

At the Consumer Electronics Show in Las Vegas recently, Panasonic demonstrated full 1080p high definition 3D home theater system technologies, delivering separate views to each eye for a 3D effect.

 

Planned solutions for AEG properties include the largest LED display in the world at L.A. Live, digital signage, video surveillance, security systems, television production and point-of-sale systems.