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Providing a sneak peak to holiday gift ideas, Philips showcased a variety of innovative technologies and sleek products that allow consumers to connect their homes and provide extraordinary experiences that enhance their lives.

Philips Lifestyle - Experience Better Together

Focusing on the home, Philips lifestyle products provide consumers easy access to innovative and useful digital technology that enhances daily activities. From the kitchen to the home theater room, Philips offers home entertainment and portable products that provide consumers with unique and stylish ways to start their day, watch their favorite DVD and listen to the hottest band.

Warm up this holiday season with convenient, easy ways to prepare traditional comfort foods. Start the day off right with a steamy mug of tea made in Philips' Cordless Kettle. And, after a long day of shopping and errands, the Philips' 3-in-1 Waffle/Sandwich/Grill can help whip together tasty treats from Belgian Waffles to grilled cheese sandwiches, for a delicious quick meal that is guaranteed to satisfy the whole family. Philips has a full family of beautifully designed kitchen appliances available at Target stores nationwide for this holiday season.

Philips' complete television line offers consumers a variety of innovative entertainment solutions. Philips' proprietary technology, Pixel Plus, has taken consumers and critics by storm. With Pixel Plus, the televisions are HD ready and provide HD quality images from any conventional source like VCR or DVD. Pixel Plus is now available in an extended line of products including the new Cineos televisions and the new FTR9965 e-box for the FlatTVs.

Cineos is Philips first venture into the micro-display market and one within which the company expects to create substantial ownership. These slim, lightweight table top televisions produce unbelievable picture quality thanks to Philips single panel LCoS technology. In addition, the new 17-, 23- and 30-inch widescreen FlatTV(TM) LCDs will be launched later this year and join the widest selection of FlatTVs available from any one manufacturer.

Offering consumers the latest technological solutions in small sophisticated designs, Philips new line of Infotainment devices brings a completely new level of style and sophistication to portable electronics. The new HDD100 features 15GB (more than 3000 songs) of capacity. Featuring MP3 and WMA playback, the Audio Jukebox includes Philips' patented SuperScroll(TM) providing fast and precise navigation. Philips also allows consumers to connect their living room with the rest of the world with Philips Streamium MC-i250 Wireless Internet Audio system. With the touch of a button and a broadband Internet connection, users can access radio stations and multiple online music services around the world.

To capture all the cherished holiday moments, the DVDR80 provides consumers the ultimate in DVD Recording with high quality picture and sound performance, as well as ease-of-use. Point and click programming through an on-screen TV guide allows the consumer to never miss another of their favorite TV programs.

For the ultimate in personalization, the fully programmable iPronto provides a versatile solution to control home theater, as well as the increasing number of electronic home automation products available. The iPronto gives the consumer the ability to configure the touch screen with the help of iPronto edit, the included PC editing software.

Providing consumers with full control of their holiday programming, including pausing live TV, rewinding, watching in slow motion or creating instant replays, the Philips DSR708 DIRECTV® DVR powered by TiVo, allows consumers to combine access to more than 225 digital-quality channels of DIRECTV® programming with the convenience and control of the DIRECTV DVR.

As part of Philips' commitment to enhancing the U.S. consumer entertainment experience, Philips has developed a unique partnership with Lane Furniture. Together, Philips and Lane have accepted the challenge to create a fully integrated home entertainment experience within the traditional American furniture genre.

Make your holiday gatherings sparkle with the Halogena Brilliant Crystal light bulbs. Its faceted design is perfect for any application in which dazzle and brilliance are desired. Save yourself time and money this holiday season with Philips Marathon compact fluorescent lamps (CFLs). Comparable in style and shape to popular incandescent lamp types, CFLs provide consumers with long life (up to seven years) and energy savings (75 percent) in a variety of household lighting applications.

In addition, Philips offers the Marathon Vanity Globe for your bathroom fixtures, the Marathon Reflector Flood for hard-to-reach areas and the Marathon Mini Decorative Twister for any area where a decorative effect is preferred.

And, as you step out for the holidays this year, make sure you're putting your best face forward with the help of personal grooming products from Norelco. This year, men can get the hottest looks at home with the new Norelco D-Finer Precise Shaper with Dual Defining technology, which lets men create unique facial hair designs with precise lines and clean edges. Norelco is also set to re-enter the women's shaving category with the debut of two new razors, including the Norelco LadyShave, with a three Comfort Zone Foil, specifically designed to guarantee ultra close, ultra comfortable results in the three key shaving areas - legs, underarms and bikini. For this year's parties and festivities, both men and women can look and feel their best, thanks to Norelco's full line of grooming products.

Philips Healthcare - Experience a New Style of Home Healthcare

Showcasing the newest solutions for oral healthcare, baby care and life-saving medical technology, Philips home healthcare products provide consumers with the latest technology and innovations from Philips Medical, Sonicare, and baby care.

The Philips HeartStart Home Defibrillator is the result of extensive research on ease of use and is the first of a new generation of defibrillators designed specifically for the home. Defibrillators provide treatment for sudden cardiac arrest (SCA), a leading cause of death in the United States, claiming a quarter million lives each year. The Philips HeartStart Home Defibrillator is ideal for the emerging class of home responders who want to be able to help save the lives of friends and relatives in the event of a cardiac arrest. Using clear, calm voice instructions, the HeartStart Home Defibrillator guides consumers through every step of the defibrillation process.

The new Sonicare Elite builds on a decade of proven excellence and integrates new features that make a superior product even better. With the Sonicare Elite, consumers are guaranteed naturally whiter teeth and healthier gums in just 28 days.

Parents no longer have to worry if baby's food is too hot or cold with the Philips Just Right digital baby food thermometer (SBC SC201). The Just Right thermometer helps parents gauge if baby's milk or food is safe to drink or eat by providing a digital temperature read out in only 20 seconds.

Philips Technology - Experience Tomorrow's Trends Today

Philips Research provides technology-based innovations by exploring the unknown and demonstrating concepts based on our multi-disciplinary strengths. Focusing on the future, Philips Research demonstrates a robust wireless adaptive video streaming for a home network and solid state lighting with an interactive interface where you control the color of your lighting.

Philips Semiconductors is providing the enabling technologies for a world where everyone in any home can always connect to information, entertainment and services. Producing semiconductors and software, Philips is working closely with leading consumer electronics and personal computer companies to build a wide range of products including network appliances, media servers, portable media players, mobile phones, entertainment PCs and detachable displays. All of these devices will communicate using wired and wireless technology to create an integrated system that offers personalized information, entertainment and services to consumers whenever and wherever they want it.

Philips' DesXcape(TM) 150DM (pronounced 'Desk Escape') detachable monitor offers users the freedom to access PC applications and data in their office or home using a wireless network (802.11b) connectivity - eliminating the constraints of the PC's fixed desktop location. Featuring an elegant design, DesXcape is a multifunctional 'smart display' that is based on Microsoft® Windows® XP technology and uses Intel's highly scalable platform for smart displays based on Intel® XScale(TM) technology based processors.

Hotels aim to provide their guests with a luxurious experience, but this can often be difficult with the space constraints of a room and lobby. Philips Mirror TV supplies the solution with its two-in-one application. Through Philips' innovative technology, hoteliers maximize space by eliminating either a stand-alone mirror or a traditional TV, and the design hides the electronics to ensure a sleek display. The Mirror TV enhances the upscale ambiance that hotels strive to provide guests while providing compelling viewing quality.

Emphasizing the growing importance of blending the entertainment technology into the home environment, Philips and Cappellini, the prestigious Italian furniture manufacturer and designer, showcased a new range of furniture called Paesaggi Fluidi (Fluid Landscapes). The new furniture line takes a highly innovative approach to combining furnishing and consumer electronics in a seamless fusion of technology and design. The range incorporates several Philips devices - two FlatTV models, a DVD home entertainment system, an LCD projector, and a Pronto Pro universal remote control - into items such as sofas, sideboards and shelving units.

Philips and Football (Soccer)

Philips is a proud sponsor of the World Cup (FIFA) and US Soccer, and is pleased that the Women's World Cup, one of the world's largest events in women's sports, will be hosted by the United States. Philips aims to do its part to assure that this is a world-class event that continues to popularize soccer here in the U.S. and supports the continued growth of women's sports.

About Royal Philips Electronics

Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of $30.1 billion (EUR 31.8 billion) in 2002. It is a global leader in color television sets, lighting, electric shavers, medical diagnostic imaging and patient monitoring, and one-chip TV products. Its 166,000 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, semiconductors, and medical systems. Philips is quoted on the NYSE (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges. News from Philips is located at www.philips.com/newscenter.

ATTN Broadcasters: Philips b-roll (via beta copy, fiber transmission and satellite feed), is available 24/7 by calling (+1-212-375-0021).

Contact:

     Philips Electronics
     Paul Simonetti, 212/536-0892
     paul.simonetti@philips.com
         or
     Manning, Selvage & Lee
     For product information, photos:
     Mandy O'Donnell, 212/213-7093
     mandy.odonnell@mslpr.com