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Panasonic Dramatically Increases Supply Chain Visibility with Pelyco's webPUBLISH™

webPUBLISH Brings Improved Efficiency to i2 Technologies® recent Ken Sharma award winner

Silicon Valley, CA, November 21, 2002 - Pelyco Systems, a global provider of web-based supply chain visibility solutions, today reports that Panasonic, one of the world's premier electronics manufacturers, and principal North American subsidiary of Matsushita Electric Industrial Co., Ltd., (NYSE:MC), continues to gain unprecedented business value and supply chain visibility following the successful implementation of Pelyco's webPUBLISH, at their Secaucus, NJ location.

As part of its ongoing commitment to invest in superior system technologies to optimize their supply chains, Panasonic chose Pelyco's webPUBLISH supply chain visibility solution last year, to complement their i2 Demand Planner system. Panasonic wanted a comprehensive solution that offered superior ease of use and advanced data visibility, combined with web-based technology. Pelyco's webPUBLISH provided Panasonic with a scaleable, user-friendly reporting infrastructure that was easily integrated with their i2 system. By adding webPUBLISH, Panasonic was able accelerate and enhance the i2 capabilities, improve visibility and add real-time control and efficiency to their planning process.

Panasonic Consumer Electronics operates 34 facilities around the world providing customers with a full range of electronics components and electronics hardware, including DVD players, televisions and dozens of other consumer electronics products. A recent winner of the prestigious Ken Sharma award for innovation from i2 Technologies, Panasonic has been able to further accelerate its success through the use of webPUBLISH.

Pelyco is the only company to offer supply chain visibility solutions that transform existing extensive data assets into high value comprehensible information. webPUBLISH removes the complexity of large scale planning systems, and provides companies with the capabilities to leverage existing data assets, and build an efficient community of productive users extending the benefits of i2 to the widest possible audience.
“We are delighted that a company of Panasonics size and industry stature chose webPUBLISH, and it has enabled them to fulfill their best in class supply chain management goals,” says Stephanie Joy, VP Marketing, Pelyco Systems. "Their post implementation success, and i2 user community growth speaks to the value of our ability to provide intuitive supply chain information visibility solutions focused on the complex needs of the manufacturing industry.”

About Panasonic

Panasonic is the principal North American subsidiary of Matsushita Electric Industrial Co., Ltd. (NYSE:MC), a worldwide leader in the development of technologies for, and the production of, electronic and electric products for consumer, business and industrial use. Matsushita, based in Osaka, Japan, recorded consolidated sales of 6,876.7 billion yen (US$51.70 billion) for the fiscal year ended March 31, 2002. In addition to the Tokyo and other Japanese stock exchanges (6752), Matsushita's shares are listed on the Amsterdam, Dusseldorf, Frankfurt, New York, Pacific (NYSE/PCX: MC), and Paris stock exchanges. Matsushita Electric and its affiliates have over 290,000 employees in 46 countries.

Panasonic Consumer Electronics Company markets Panasonic brand DVD players, and e-wear audio players in the United States. Additional information about Matsushita Electric and its Panasonic brand products is available at www.panasonic.com

About Pelyco Systems

Pelyco Systems delivers supply chain visibility solutions. Established in 1993, Pelyco focuses on exceeding all customer expectations when delivering advanced supply chain visibility products and services. Pelyco develops and supports leading edge, web-based business solutions for manufacturers and their supply chains. The Pelyco Systems solutions and services transform the supply chain to provide companies with significant business value and competitive advantage. Pelyco is a privately held company headquartered in Foster City, California. For more information on the company and its products and services, visit Pelyco on the web at http://www.pelyco.com.

For more information:
Stephanie Joy
Pelyco Systems
Tel: (650) 349-4851
stephanie.joy@pelyco.com
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