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2016-11-17

Ericsson: Panasonic Avionics selects Ericsson for 5G-ready core across multiple markets

PRESS RELEASE

Panasonic Avionics selects Ericsson for 5G-ready core across multiple markets

* Panasonic Avionics Corporation will provide LTE technology to the air
transport and business aviation markets with future expansion into maritime
and mining markets
* The Ericsson 5G-ready core solution is based on Network Functions
Virtualization (NFV) and Software Defined Networking (SDN)

Ericsson (NASDAQ: ERIC) has been selected by Panasonic Avionics Corporation to
enable the next generation of connectivity services to the aviation and
additional multiple markets

Under the terms of the new contract, Ericsson will implement its 5G-ready core
solution for Panasonic Avionics through its subsidiary AeroMobile, a global
inflight connectivity provider and registered mobile network operator. The
solution will enable crew and passengers on aircraft, cruise ships and
yachts, and employees in the and mining sectors, to enjoy 2G, 3G, LTE and
Wi-Fi connectivity.

Ericsson will provide Panasonic Avionics with a 5G-ready core that can be
optimized for use across a wide and growing range of sectors, enabling
connectivity not only for passengers, employees and different services
onboard aircraft and ships, and also for the massive Internet of Things
communication.

Ericsson's 5G-ready core using NFV and SDN technologies brings
ultra-scalability, programmability and automation to the networks. Real-time
instantiation of network functions and network slicing enable network
resource optimization, rapid service innovation, new business models and
greater customer value for Panasonic Avionics.

Paul Margis, President and Chief Executive Officer, Panasonic Avionics
Corporation says: "This innovative collaboration with Ericsson is an integral
part of our strategy to address the global communications needs of consumers
and businesses in the future, and it demonstrates our commitment to enabling
connected devices through the Internet of Things.

"Using this new global communications platform, we will help our customers -
across all of our vertical markets - leverage ubiquitous connectivity to
improve their operations with real time data across all of their connected
platforms."

Anders Lindblad, Head of Business Unit IT and Cloud, Ericsson, says: "NFV is
an important technology for the 5G-ready core, and industry-leading operators
around the world are already using our solution in live commercial service.
We are extremely happy that Panasonic Avionics selects Ericsson as the sole
supplier for their 5G-ready core."

Charlotta Sund, Head of Customer Group Industry and Society, Ericsson, says:
"We look forward to working closely with Panasonic Global Communications to
enable them to offer consumers and businesses the next generation of global
connectivity solutions. Panasonic Avionics and AeroMobile will be important
strategic customers for Ericsson as we embark on a long-term business
relationship together."

The new contract between Panasonic Avionics and Ericsson is only the first
step of an extended strategic collaboration the two companies are embarking
on, with other areas of focus including 5G and the Internet of Things.

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-to-market
and lower overall costs.

Through its Global Communications Services division, Panasonic Avionics
operates a global high-speed satellite network that provides broadband
communications services to a wide range of mobile markets. Through its
acquisition of ITC Global and its strategic partnership with OmniAccess,
Panasonic today delivers business critical communications and connectivity
services such as Internet access and email, live television and mobile phone
services to the air transport; business aviation; oil, gas and energy;
merchant maritime, yachts, and river cruises.

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.

For information on Panasonic Avionics and its Panasonic Global Communications
division, please visitwww.panasonic.aero

About AeroMobile

AeroMobile Communications Limited is a global telecommunications company and
mobile service provider for aviation and a growing range of other industries.
AeroMobile provides world class, proven technology and services that enable
consumers and businesses to connect using satellite based GSM connectivity.
For more information on Aeromobile go towww.aeromobile.net

NOTES TO EDITORS

For media kits, backgrounders and high-resolution photos, please
visitwww.ericsson.com/press

Ericsson is the driving force behind the Networked Society - a world leader in
communications technology and services. Our long-term relationships with
every major telecom operator in the world allow people, business and society
to fulfill their potential and create a more sustainable future.

Our services, software and infrastructure - especially in mobility, broadband
and the cloud
- are enabling the telecom industry and other sectors to do better business,
increase efficiency, improve the user experience and capture new
opportunities.

With approximately 115,000 professionals and customers in 180 countries,
we combine global scale with technology and services leadership. We support
networks that connect more than 2.5 billion subscribers. Forty percent of the
world's mobile traffic is carried over Ericsson networks. And our investments
in research and development ensure that our solutions - and our customers -
stay in front.

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales
in
2015 were SEK 246.9 billion (USD 29.4 billion). Ericsson is listed on NASDAQ
OMX stock exchange in Stockholm and the NASDAQ in New York.

www.ericsson.com

www.ericsson.com/news

www.twitter.com/ericssonpress

www.facebook.com/ericsson

www.youtube.com/ericsson

FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail:media.relations@ericsson.com

Ericsson Investor Relations
Phone: +46 10 719 00 00
E-mail:investor.relations@ericsson.com

Press Release Ericsson_Panasonic Avionics_Ericsson published
http://hugin.info/1061/R/2057178/771037.pdf

---------------------------------------
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ericsson via Globenewswire

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