Matsushita Electric Industrial Co. said Monday it has tied up with EC Factory.com Inc., an Internet application service provider, to provide application software to companies setting up electronic commerce businesses.

The major consumer electronics manufacturer said it will cooperate with EC Factory.com in creating high-quality systems for various e-commerce operations, such as accepting orders and displaying brochures via the Internet.

Matsushita hopes the new service, targeted mainly at real estate firms, catalog retailers and nursing-care appliance manufacturers, will generate some 6 billion yen in revenues within three years, it said.