Philips Electronics Australia

LATEST ANNOUNCEMENT

Royal Philips Electronics (NYSE:PHG, AEX:PHI) announced today that they have signed a definitive merger agreement with Lifeline Systems, Inc. (NASDAQ: LIFE) under which Philips will acquire Lifeline, a leader in personal emergency response services.

David Wolf
Corporate Communications Manager, Philips Electronics Australia
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Sarah Campbell
Senior Executive, Corporate Communications
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