Sam L. Malik Promoted to Vice President, General Manager of the SANYO Presentation Technologies Group

CHATSWORTH, Calif., March 30 /PRNewswire/ -- SANYO North America Corporation (SANYO) announces today the promotion of Sam L. Malik to the position of Vice President of SANYO North America Corporation and General Manager of the Presentation Technologies Group. Formerly Director of Sales and Marketing for the Group, Malik will assume his new responsibilities on April 1, 2010.

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Ascending rapidly to the position after joining the SANYO management team, Malik is a long-time California resident who is based at the SANYO Consumer Solutions Division office in Chatsworth, California. His promotion enables SANYO to operate with their top management staff based within the Chatsworth office. Malik will serve as the day-to-day general manager, drawing upon over 16 years of executive experience in the presentation industry. As a 13-year stint as Director of National Sales and Marketing for Toshiba America, he oversaw the launch of his business unit and developed multiple distribution channels in North and South America.

"I am grateful for the opportunity to assume this key role in the SANYO management team," said Mr. Malik. "With the ability to be involved in all aspects of the operation, I look forward to meeting my goals of further expanding our position as the technology leader in the presentation industry, and continuing our sales growth in the consumer, commercial and Pro AV channels."

"We are very pleased to announce the promotion of Sam Malik to Vice President of SANYO North America, and his new role as General Manager for the Presentation Technologies Group," said Sam Murata, President of SANYO North America. "Sam's energy, depth of experience and comprehensive background in presentation technology make him well suited for these new positions and responsibilities. We will rely on his leadership skills and on-site presence to provide the direction needed to effectively manage and grow our organization."

Mr. Malik will assume some of the responsibilities currently held by Mark Holt, who will now focus his efforts on driving sales as Director of Sales of the Presentation Technologies Group. Holt, who has been a key part of the Group since 2000, will continue to work from outside the Chatsworth office and work closely with key customers.

About SANYO

SANYO Electric Co., Ltd. is a multi-billion dollar, leading company for energy and environment, providing solutions for environment, energy and lifestyle applications. The Presentation Technology Group is part of SANYO North America's Consumer Solutions Division (SANYO North America is a subsidiary of SANYO Electric Co., Ltd.) based in Chatsworth, California. The Consumer Solutions Division is a service and sales division that markets digital projectors, digital still cameras, digital media camcorders, home appliances, security video equipment, audio systems, portable and mobile electronics. For more information on SANYO, please visit http://us.sanyo.com.

SOURCE SANYO North America Corporation