Panasonic Building Automation Systems Benefits by Strong Momentum in Smart Building Market

Introduces new product innovations to advance industry

NEWARK, N.J.— March 1, 2017 Panasonic System Communications Company of North America today introduced a powerful building automation system solution combining Panasonic’s expertise as a manufacturer of reliable system components with Locbit Inc.’s cloud platform. Locbit Inc., is a pioneer in the Internet of Things (IoT) whose cloud platform helps create operational business efficiencies for commercial enterprise clients.

IoT has enabled a multitude of devices to be seamlessly connected across a network allowing communications through the sending and receiving of data. The ability to analyze the data and automatically adjust devices allows businesses to realize the benefits of business automation, energy usage and risk management.

Panasonic will target hospitality, retail, food services, healthcare, grocery retailers and convenience store sectors providing unprecedented insight into the practice of efficiency in building automation systems.
Highlights
•    Panasonic’s building automation system coupled with Locbit’s cloud platform provides a low cost solution which features Panasonic’s reliable wireless DECT technology and easy installation powered by Locbit’s Remote Cloud service focused on:
•    Energy Management: save on energy costs and reduce energy waste with smart plugs and on/off switches to turn off devices that are not in use.
•    Business Automation: manage, monitor and automate devices to improve performance and lower operational costs.
•    Risk Management: Proactive response to potential problems including property damage and water leaks with real-time data and alerts.

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About Panasonic System Communications Company of North America
Panasonic System Communications Company of North America (PSCNA), Division of Panasonic Corporation of North America, delivers reliable technology solutions for government and commercial enterprises, nonprofit organizations, creative professionals and SMBs. Technologies include mobile computing devices and support services, point-of-sale solutions, video surveillance systems, video evidence capture and management solutions, professional displays, projectors, digital signage, video production equipment, and office communications and productivity solutions.
To learn more visit us.panasonic.com/business-solutions/.

About Panasonic Corporation of North America
Panasonic Corporation of North America provides a broad line of digital and other electronics products and solutions for consumer, business and industrial use. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Corporation and the hub of Panasonic’s U.S. branding, marketing, sales, service and R&D operations. In Interbrand’s 2014 annual “Best Global Green Brands” report, Panasonic ranked number five overall and the top electronics brand in the report. As part of continuing sustainability efforts, Panasonic Corporation of North America relocated its headquarters to a new facility, built to meet LEED certification standards, adjacent to Newark Penn Station in Newark, NJ. Learn more about Panasonic at www.panasonic.com.

About Locbit
Locbit is an internet of things software company that is dedicated to saving energy, improving operational efficiency, and eliminating risk due to system failures. From our founding to our implementation across hotel, manufacturing, retail and other industries, Locbit is rapidly expanding to help companies connect their devices and data to save money, improve efficiency and reach business goals. For more information about Locbit and its business automation products and services, please visit their website at www.locbit.com.

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