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| Seagate's Removable Hard Drive Cartridge Solution Powers New Panasonic Network Video Recorder
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Seagate Technology (NYSE:STX), the worldwide leader in hard disc drives,
announced today that Panasonic System Solutions Company, a Unit Company of
Panasonic Corporation of North America, the principal North American subsidiary
of Matsushita Electric Industrial Co. Ltd. (NYSE:MC), has selected Seagate's
innovative, removable 2.5-inch hard drive cartridge for its newest i-Pro product
-- the WJ-ND200 Network Video Recorder (NVR) for video surveillance recording
applications -- to enable the more effective archive and transport of
surveillance video. This ground-breaking digital security system will be
unveiled at the Panasonic Security Systems Booth 3523 during the ASIS 2006 event
(American Society for Industrial Security) held in San Diego at the San Diego
Convention Center from September 25 to September 27. According to Panasonic, the
WJ-ND200 IP Network Video Recorder will be available in North America in early
2007.
Seagate's removable hard disc drive cartridge is a reliable and
rugged solution built around its popular Momentus 5400.2 2.5-inch hard drives,
with storage capacities up to 120GB. An exclusive for the Panasonic WJ-ND200,
the removable cartridge solution has the potential to be tailored into other
surveillance systems and other market segments because of its straightforward,
simple way to move digital content where and when you want it.
According
to J.P. Freeman Co., the estimated worldwide market for video surveillance
equipment is $4.5B at the factory level with a compound average growth rate of
18%. Further, when you take out the analog portion of this market and look just
at digital systems, the market is growing at more than double this rate or
approximately 42% (CAGR)(1). Panasonic's selection of Seagate's removable
cartridge solution is an example of how all segments of the video surveillance
market continue to make a rapid transition from tape to hard drive based
storage.
Using this convenient cartridge form factor, Panasonic can now
offer the WJ-ND200 IP network video recorder and provide unique features to its
customers such as:
o Reliable, rugged and removable recording for
security and surveillance applications o Many hours of recording time and
archiving with up to 120GB of capacity o Reduced initial installation costs o
Ability to easily save important data for long time periods or provide
evidentiary video to authorities by swapping cartridges o Save space and energy
with a convenient small form factor.
"Panasonic is committed to providing
its customers with the best solutions in digital video surveillance," said Paul
P. Robinson, Product Marketing Manager, Recording Solutions, of Panasonic System
Solutions Company (PSSA). "Seagate's removable hard drive cartridge solution is
ideal in several aspects, most importantly the ability to archive video
efficiently and easily in a cost-effective manner."
"When video security
moves from tape-based recording to hard drive-based systems, security companies
will benefit in ways that tie directly into their mission," said Rob Pait,
director, global consumer electronics marketing at Seagate. "With Seagate
solutions such as the removable cartridge, security companies will be able to
store, access, and transport video in ways that will make the job easier and
faster. And our worldwide business and technical support teams are committed to
helping security equipment manufacturers realize these benefits
today."
About Panasonic
Panasonic System Solutions Company, Unit
of Panasonic Corporation of North America, is a world leader in analog and IP
video surveillance solutions through its Panasonic Security Systems division.
Core, cutting-edge technology developments include Super Dynamic III with
intelligent camera features, and expanding networking capabilities of the i-Pro
Series of intelligent and professional IP products. Based in Secaucus, NJ,
Panasonic Corporation of North America is the principal North American
subsidiary of Matsushita Electric Industrial Co., Ltd. of Japan. Information
about Panasonic Security Systems is available at www.panasonic.com/security. Additional company information for
journalists is available at www.panasonic.com/pressroom.
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