The PRWIRE Press Releases https:// 2006-01-23T21:54:00Z Philips to Acquire Personal Emergency Response Company Lifeline Systems, Inc. 2006-01-23T21:54:00Z philips-to-acquire-personal-emergency-response-company-lifeline-systems-inc 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. Philips has agreed to acquire Lifeline for USD 47.75 per share or a total equity value of USD 750 million (equaling an aggregate value of USD 690 million net of USD 60 million cash and cash equivalents) in a transaction that has been unanimously approved by the Board of Directors of Lifeline. Completion of the transaction is subject to the terms and conditions of the merger agreement, which contains customary closing conditions and is subject to the approval of Lifelines shareholders. The acquisition of Lifeline is an important step on our roadmap for growth in healthcare, says Gerard Kleisterlee, President and CEO of Royal Philips Electronics. By targeting seniors and other people who want to continue living independently and exerting more control over their health and lifestyle, he added, we aim to become a global player in the evolving home healthcare market. The aging of the population provides strong underlying market growth for home healthcare solutions such as those offered by Lifeline. Today, seniors represent around 15% of the population in the developed world and are expected to almost double in size over the next 25 years. At the same time they are becoming increasingly active in managing their own health and wellness. Personal response services are already the largest category of home healthcare solutions purchased out-of-pocket by older adults and their caregivers. Still, penetration in the age group 65 years and older is just 2-3%, allowing for significant future growth. Lifelines revenues in 2005 are expected to be approximately USD 150 million, representing a 15% increase over 2004. A large part of the revenues are recurring in nature. Lifelines operating margins in 2005 are expected to be approximately 15%. The company has a broad market presence in the United States and Canada. The company markets its services through a network of more than 2,500 hospitals and other healthcare providers and serves a subscriber base of nearly 470,000. Lifelines twenty-four hours a day service gives independently minded seniors the confidence to maintain an active life at home, knowing if they suddenly need help, they can send an alert to a monitoring center that indicates that they need assistance. Two-way communication allows a caring and professionally trained operator - who has instant access to the pertinent health history and personal profile of the caller - to establish the nature of the problem. Appropriate action can then be taken, including notifying a neighbor or family member, or summoning emergency services. Our many years of understanding consumers and their needs have led us to identify healthcare at home as a key sector for us, stated Ivo Lurvink, CEO of Philips Consumer Health & Wellness. Lifeline is a market-leader that offers us a platform for other home healthcare products and services. As such it complements our existing presence in telemedicine, showcased in Motiva, our advanced interactive healthcare system. We believe our brand, global presence, technology and innovation capabilities will accelerate the growth of the company and were very much looking forward to working with their experienced management team and talented employees. Lifeline President and CEO, Ron Feinstein said: Philips acquisition of Lifeline represents the next phase in the continued evolution and growth of our company. This combination of two industry leaders opens up numerous product and technology synergies, as well as growth opportunities designed to both further and broaden Lifelines founding mission of providing personal emergency response and support services to the at-risk elderly and their families to enhance their independence and quality of life. Philips Entertaible combines excitement of electronic gaming with the social fun and interaction of traditional board games 2006-01-10T17:15:00Z philips-entertaible-combines-excitement-of-electronic-gaming-with-the-social-fun-and-interaction-of-traditional-board-games Philips Electronics announced today that it will unveil its prototype of Entertaible a tabletop gaming platform that marries traditional multi-player board and computer games in a uniquely simple and intuitive way, at the 2006 Consumer Electronics Show (CES). Entertaible allows the players to sit around a table and play a new class of electronic game, combining the features of computer gaming such as dynamic playing fields and gaming levels, with the social interaction and tangible playing pieces such as pawns and dies of traditional board games. Entertaible owes its name to the social entertainment experience it encourages and the tabletop form factor it is built upon. Currently a working concept, Entertaible comprises a 30-inch LCD, sophisticated touch screen-based multi-object position detection, and all supporting control electronics. Its capabilities could breathe new interactive life into conventional multi-player board and electronic games. This may include, for example, using a portion of the touch screen to allow private tactical information to be shown to specific players only. Other enhancements to the gaming experience could include play-based rule explanation and feedback tips; the ability to electronically store large numbers of games which could include rekindling those of the past without requiring large amounts of physical storage space for conventional boxes; instant retrieval of part-played games; on-line access to new or trial games; and a fast, simple set-up. To demonstrate Entertaibles potential, Philips will bring a fully functioning sample to CES ready for visitors to play. Philips aims to encourage partnerships and collaboration with games vendors that plan to add new capabilities to their games. Entertaible provides the ideal electronic platform for these companies. While the concept of a multi-user digital table is not new, previous solutions have utilised complex arrangements of overhead cameras and dimmed lighting that detract from the user experience. The Philips Entertaible, however, is based on a series of infrared LEDs and photodiodes discretely mounted around the perimeter of a single touch screen. It requires no special lighting conditions or other equipment and is entirely hand operated by touch alone. Yet Entertaible can simultaneously detect dozens of objects (including fingers). One of the most obvious and immediate applications of this technology will be the board game market and the opportunity to reinvigorate established board game classics, comments Gerard Hollemans of Philips Research in Eindhoven, the Netherlands, who leads the research team that developed Entertaible. However, in the longer term, Entertaible could be used to invent brand new games offering unprecedented levels of user interaction games that would never become predictable or ever quite feel the same twice, however often you played them. The Entertaible concept could also be extended into other domains. For business or educational users, this might take the form of an interactive desk where several colleagues or students gather round a single workstation to work on a project or cooperatively create new ideas and learn together. For team game coaches in sports such as football, hockey or basketball, Entertaible could even be used to analyse player movements and plan tactics electronically. Yet perhaps most important of all, Entertaible will host electronics games that promote invaluable social interaction within groups and families, expresses Hollemans. This contrasts completely to the solitary, isolated environment that can be encouraged by contemporary console-based electronic games. For the most up to date information from Philips at the Consumer Electronics Show, please visit www.ces.philips.com Philips showcases innovation and simplicity with a new range of entertainment and communications products 2006-01-05T17:28:00Z philips-showcases-innovation-and-simplicity-with-a-new-range-of-entertainment-and-communications-products Building off of its Sense and Simplicity brand promise, Philips Electronics today introduced a full range of innovative products at the 2006 Consumer Electronics Show (CES). Key innovation highlights from Philips include advanced television technology with a new generation of Ambilight FlatTV displays, groundbreaking High Definition recording devices, mobile infotainment products and Internet protocol enabled phones. In addition, Philips announced a number of relationships that include Skype, Microsoft, Yahoo!, vTuner and other market leaders, which will redefine how consumers access and enjoy digital content from Philips. Our strategy moving into 2006 is anchored in two key elements integration and high definition, said Reinier Jens, president, Philips Electronics, North America. First, we are leveraging the entire value chain by using integrated value partnerships, combining hardware, software and an intuitive user interface, to deliver a more engaging and satisfying consumer experience. Second, we are meeting the growing consumer demand for HD with innovative products that deliver on our promise of Sense and Simplicity. In addition to our award-winning Ambilight FlatTV line, we are breaking new ground with our Blu-ray products and technology. Simplifying consumers lives with advanced products Lighting up the future of home entertainment: Philips Ambilight technology A key driver for Philips in North America, the Ambilight FlatTV line has provided Philips a double-digit market share in HD displays. Building off its award-winning Ambilight FlatTV line, Philips expanded its range with two new innovative Ambilight technologies. Introduced for the first time at CES 2006, Philips showcased the new Full Surround (four-sided) Ambilight FlatTV display. Providing lighting around all four sides of the screen, Ambilight Full Surround creates a floating design, enhancing the coloring for greater visual impact and immersing viewers in the entertainment experience. Ambilight Full Surround not only provides an improved viewing experience, but also complements the dcor of any room. In addition to the Ambilight Full Surround model, Philips also showcased the new Surround (three-sided) Ambilight FlatTV model, which emits lighting along the left, right and top. Ambilight Surround draws viewers into a relaxed experience and is ideal for movie watching and large rooms where a wall can be dedicated to the TV. Providing the future in HD quality playback and recording through Blu-ray Disc products As more and more consumers are converting to HD, Philips is leading the way in providing them a full HD solution. In addition to the Ambilight FlatTV line, Philips is enhancing consumers HD experience with its new Blu-ray Disc solutions. A founding member of the Blu-ray Disc Association, Philips introduced its all-in-one PC Writer (TripleWriter), consumer Blu-ray Disc Video player (BDP9000) and new Blu-ray media (BD-R and B-RE, single layer 25 GB* and dual layer BD-R and BD-RE 50 GB*). The players and media will be available in select World markets from the second half of 2006. Blu-ray solutions offer consumers the ultimate storage platform for HD entertainment and digital archiving, providing consumers the ability to store massive amounts of content on a single disc. Blu-ray Disc technology has the support and technological innovation behind it to be the industry leader and is supported by more than 160 of the worlds largest gaming manufacturers, movie studios, consumer electronics and PC manufacturers. Ensuring mobile consumers can access digital content through GoGear HDD jukeboxes Recognising that consumers are increasingly mobile, Philips new range of GoGear hard-disk drive jukeboxes, the HDD1850 and HDD6330, let consumers have ultimate control over their digital content at home or on the move. To ensure maximum compatibility with the growing number of legitimate music download services, the Philips GoGear HDD jukebox range supports Microsofts PlaysForSure initiative. PlaysForSure guarantees interoperability of devices and services so that consumers can simply know their device and service works together. Both of Philips GoGear HDD devices will be compatible with portable subscription offerings, allowing consumers full access to more than one million track catalogs from supporting online services. Busy consumers will appreciate the HDD1850 and HDD6330s flexible features, intuitive control and compact design. The HDD1850 features 8 GB for up to 4,000 songs or 2,500 pictures; the HDD6330 features an impressive storage capacity of 30 GB* to hold up to 15,000 songs or 8,400 pictures. Expanding communications and entertainment through new relationships Philips is reaching across traditional boundaries to form new business relationships to deliver an engaging, compelling and ultimately satisfying consumer experience. Broadening its Connected Planet family of products, Philips introduced a new DECT phone enabled to supply consumers with Voice-over-Internet Protocol (VoIP) communications. The new phone has the ability to utilise existing landline telephone service, as well as make free Internet calls via Skype. Philips also announced a new collaboration with MSN for an exclusive deal that will revolutionise the way consumers communicate and take VoiP on the PC to a whole new level. This relationship demonstrates Philips commitment to providing consumers with new VoiP solutions. Extending the relationship with Microsoft, Philips hard-disk, portable jukebox products give consumers a great way to discover and share new music using PlaysForSure technology. By participating in this venture with Microsoft, Philips offers consumers simple access to music and the assurance that they can hear the songs at their convenience. Maintaining its commitment to providing consumers a full-connected solution, Philips aligned with Yahoo! to provide additional content for its Connected Planet products. The new SLA5520 wireless audio multimedia link features Yahoos Music Engine enabling users to enjoy Internet music on existing home entertainment systems. The new SLA5520 frees digital content from the PC and enables users to listen to their favorite content in a location of their choice. Utilising Wi-Fi technology, the SLA5520 wirelessly streams MP3 and WMA tracks from consumers PCs to their home audio systems. For additional entertainment, the SLA5520 provides global connectivity through access to more than 500 Internet radio stations. Along with Yahoo!, Philips offers consumers a myriad of Internet radio and TV broadcast options through a new relationship with vTuner. Offering digital content at the touch of a button, vTuner and Philips enable consumers to browse through thousands of stations from more than 160 countries. Delivering the brand promise through a simplified process Since introducing its Sense and Simplicity brand campaign, Philips has turned into a profitable business that has a clear future and a fast-growing market position. Philips is reaching consumers through multiple targeted marketing efforts to emphasise the brands simplicity and feature-rich products. Through strategic relationships, innovative products and a defined business process, Philips enables consumers to truly enjoy entertainment, whether at home or on the go. Yahoo! is a registered trademark of Yahoo! PlaysForSure is a trademark of the Microsoft Corporation Microsoft is a registered trademark of the Mircosoft Corporation Windows Live Messenger is a trademark of the Microsoft Corporation DECTTM is a registered trademark of European Telecommunications Standards Institute (ETSI) Ambilight is a trademark of Koninklijke Philips Electronics N.V. FlatTV is a trademark of Koninklijke Philips Electronics N.V. TripleWriter is a trademark of Koninklijke Philips Electronics N.V. Connected Planet is a trademark of Koninklijke Philips Electronics N.V. GoGear is a trademark of Koninklijke Philips Electronics N.V. Wi-Fi is a registered trademark of the Wi-Fi Alliance. Blu-ray Disc is a trademark of Blu-ray Disc Association. Skype is a registered trademark of Skype Technologies S.A. * Note: Not all products and services mentioned in the above media release are destined for the Australian market. About Royal Philips Electronics Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the worlds biggest electronics companies and Europes largest, with sales of EUR 30.3 billion in 2004. With activities in the three interlocking domains of healthcare, lifestyle and technology and 161,100 employees in more than 60 countries, it has market leadership positions in medical diagnostic imaging and patient monitoring, color television sets, electric shavers, lighting and silicon system solutions. News from Philips is located at + www.philips.com/newscenter. Philips Introduces Integrated Digital Tuners and Sleek New Designs to 2005 TV Range 2005-09-21T15:30:00Z philips-introduces-integrated-digital-tuners-and-sleek-new-designs-to-2005-tv-range Philips Electronics is pleased to announce six new FlatTVs, consisting of two plasma televisions and four LCD televisions to its 2005 range. The new models will supplement the existing award-winning range of FlatTVs from Philips, which already includes five LCD and three plasma televisions. The new range will also feature two models equipped with an integrated digital tuner, the 32PF5520D and 42PF7520D. Integrated Digital Tuner in Philips Plasma and LCD TV Philips 2005 range of FlatTVs features a 32-inch LCD and 42-inch Plasma TV with integrated digital tuners, the 32PF5520D and 42PF7520D. With the launch of these two units, Philips is future-proofing Australian consumers by preparing them for the future of free-to-air terrestrial digital TV broadcasts. Without the need for an external set-top box, the sets will provide viewers with easy access to the new channels, services and features digital broadcasters will be offering. Another benefit to onscreen performance, and available on both models, is the Pulse Killer Chip, based on Philips Nexperia semiconductor system. This innovative and exclusive Philips chip technology first applied in Philips set-top boxes actively ensures that digital broadcast enjoyment is not affected by electrical interference from external sources like overhead power cables and tram lines. The Philips 32PF5520D 32-inch/80cm LCD TV has a WXGA display and high resolution of 1366 x 768p, while the 42PF7520D 42-inch/107cm plasma TV has an XGA display and resolution of 1024 x 768p. Both are equipped with HDMI connectivity and Virtual Dolby Surround Sound. 32PF5520D is available now, with an RRP of $3,699.00 inc. GST 42PF7520D is available in October, with an RRP of $4,499.00 inc. GST Four New Models Get Design Makeover Philips is also introducing three LCD televisions and one plasma television with fresh new designs. The 26PF5320 is Philips sleek new 26-inch/66cm HD ready* LCD television with a high resolution of 1366 x 768p. HD ready, a protected label that offers picture quality beyond that of progressive scan, ensures that high definition signals like HDTV are uncompromised. This 26PF5320l also features Digital Crystal Clear, a Philips picture innovation that digitally adjusts and optimises picture quality. The 32PF7320, 32-inch/80cm and 37PF7320, 37-inch/94cm are HD ready* LCD televisions with a resolution of 1366 x 768p. Both are HD ready to display HDTV and other high-resolution signals, and incorporate Philips Pixel Plus technology for an even clearer more defined picture. The 32PF7320 and 37PF7320 both come equipped with Virtual Dolby Surround Sound and HDMI connectivity. The 42PF7320 is a 42-inch/107cm plasma television with a panel resolution of 852 x 480p. The set utilises Philips Pixel Plus and Digital Crystal Clear technologies to display razor sharp images, high quality contrast, colour and sharpness from all pictures. For incredible sound, the 42PF7320 utilises Virtual Dolby Surround Sound and HDMI connectivity. 26PF5320 is available in November with an RRP of $2,499.00 inc. GST 32PF7320 is available now with an RRP of $3,449.00 inc. GST 37PF7320 is available now with an RRP of $4,999.00 inc. GST 42PF7320 is available now with an RRP of $3,999.00 inc.GST * The description HD ready label is proscribed by EICTA as a quality sign for the differentiation of display equipment capable of processing and displaying high definition TV signals. The HD Ready logo is awarded on the basis of minimum functionality requirements, and to display equipment capable of presenting HD sources with a much higher resolution than standard PAL (576i), as well as meeting other requirements detailed by EICTA (+ www.eicta.org) About Royal Philips Electronics Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is one of the worlds biggest electronics companies and Europes largest, with sales of $ 37.66 Billion (EUR 30.3 billion) in 2004. With activities in the three interlocking domains of healthcare, lifestyle and technology and 159,700 employees in more than 60 countries, it has market leadership positions in medical diagnostic imaging and patient monitoring, color television sets, electric shavers, lighting and silicon system solutions. For more information or high-resolution images, please contact: Sarah Campbell Philips Electronics Corporate Communications Executive P: (02) 9947 0472 M: 0421 612 994 E: sarah.campbell@philips.com