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Koninklijke Philips N.V.

Koninklijke Philips N.V.

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Publicatie datum 21 feb 2008 - 19:40
Statutaire naam Koninklijke Philips N.V.
Titel Philips completes acquisition of US-based VISICU
Bericht February 21, 2008 PHILIPS COMPLETES ACQUISITION OF US-BASED VISICU Amsterdam, The Netherlands – Royal Philips Electronics (AEX:PHI, NYSE:PHG) (“Philips”) and VISICU Inc. (NASDAQ: EICU) today announced that Philips has completed its acquisition of VISICU through the merger of its indirect wholly-owned subsidiary with and into VISICU. As a result of the merger, VISICU has become an indirect wholly-owned subsidiary of Philips. As of the first quarter of 2008, VISICU’s financial results will be accounted for in the financial results of the Patient Monitoring business unit within Philips Healthcare. VISICU has requested that the NASDAQ file a Form 25 with the United States Securities and Exchange Commission causing the delisting of VISICU’s common stock from the NASDAQ and the deregistration of its common stock under the United States federal securities laws. To view Philips’ December 18, 2007 press release, announcing Philips’ intention to acquire VISICU, please click here. For further information please contact: Jayson Otke Philips Corporate Communications Tel: +31 20 59 77215 Email: jayson.otke@philips.com Andre Manning Philips Healthcare Tel: +1 646 508 4545 Email: andre.manning@philips.com Robert Pepper VISICU, Inc. Tel: +1 410 246 5364 Email: rpepper@visicu.com About Royal Philips Electronics Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a global leader in healthcare, lighting and consumer lifestyle, delivering people-centric, innovative products, services and solutions through the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs approximately 123,800 employees in more than 60 countries worldwide. With sales of EUR 27 billion in 2007, the company is a market leader in medical diagnostic imaging and patient monitoring systems, energy efficient lighting solutions, as well as lifestyle solutions for personal wellbeing. News from Philips is located at www.philips.com/newscenter. About Visicu