Oct 25, 2016 - (âPanasonicâ) and CoKinetic Systems Corporation ("CoKinetic") marked the 10th ... show hosting more t
JOINT PRESS RELEASE
FOR RELEASE OCTOBER 25, 2016
Panasonic Avionics and CoKinetic Systems Mark 10 Years of IFE Innovation at APEX HARRISON, N.Y. and SINGAPORE — Oct. 25, 2016 — At the 2016 Airline Passenger Experience Association (APEX) Expo today, Panasonic Avionics Corporation (“Panasonic”) and CoKinetic Systems Corporation ("CoKinetic") marked the 10th anniversary of their software licensing relationship. Each year, the APEX Expo brings together thousands of aviation professionals from around the world, with this year's show hosting more than 150 vendors and representatives from more than 100 airlines. Panasonic and CoKinetic first joined forces in October 2006, when Panasonic licensed CoKinetic's in-flight entertainment ("IFE") product known as AirPlay. Since then, AirPlay has been powering Panasonic seatback entertainment systems on airlines around the world. Looking forward, CoKinetic is rededicating itself to keeping AirPlay at the forefront of IFE technology on all generations of Panasonic's platforms, including Panasonic's eFX, eXI, eX2, eX3, eXLite and eXW, bringing together the features of AirPlay with Panasonic's advanced suite of IFE systems. Kris Stevens, CoKinetic's Chief Executive Officer, described the technical cooperation between Panasonic and CoKinetic as crucial to its airline customers - a driving force for innovation and improving bottom lines. "CoKinetic's unique licensing relationship with Panasonic, which continues through 2025, offers airlines the unmatched flexibility, innovation, and independence that comes with AirPlay with the confidence of a trusted partner that can deliver expertise and systems compatibility for all generations of Panasonic hardware, past, present and future. Whether AirPlay is licensed through Panasonic or directly from CoKinetic, airlines get the very best of both worlds when they combine the power of AirPlay with the Panasonic platform.”
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Paul Margis, Panasonic's Chief Executive added, "At Panasonic, we truly value the constant focus of our partners to improve their products to the delight of our airline customers. We’re excited about CoKinetic’s continued focus on innovation with their AirPlay product and look forward to mutually improving the passenger experience through our IFE products." About CoKinetic CoKinetic is globally recognized as a major source of innovation in in-flight entertainment (IFE) software and services. The company's AirPlay IFE platform has been powering award-winning IFE systems since 2007. CoKinetic is based in Harrison, NY, with offices in Lake Forest, CA and Bengaluru, India. For more information, visit www.cokinetic.com. Contact: Yogi Misir VP of Product, OpenIFE CoKinetic Systems Corp. Tel: +1 914 227 9103 Email:
[email protected] About Panasonic Avionics Corporation Panasonic Avionics Corporation is the world's leading supplier of inflight entertainment and communication systems. The company's best-in-class solutions, supported by professional maintenance services, fully integrate with the cabin enabling its customers to deliver the ultimate travel experiences with a rich variety of entertainment choices, resulting in improved quality communication systems and solutions, reduced time-tomarket and lower overall costs. Established in 1979, Panasonic Avionics Corporation, a U.S. corporation, is a subsidiary of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation. Headquartered in Lake Forest, California with over 4,554 employees and operations in 80 global locations, it has delivered over 8,000 IFE systems and 1,000 inflight connectivity solutions to the world’s leading airlines. For additional information, please visit www.panasonic.aero. Contact: Brian Bardwell Corporate Communications Manager Panasonic Avionics Corporation Tel: +1 949 462 1742 Email:
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