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PHILIPS COMPLETES ACQUISITION OF STENTOR

August 8, 2005

Philips Medical Systems, a division of Royal Philips Electronics (NYSE: PHG; AEX: PHI), today announced that it has completed the acquisition of a 100% stake in Stentor Inc. On July 6, 2005, Philips first announced its intention to acquire Stentor, a leader in the distribution, management, and storage of digital medical images. The acquisition is designed to strengthen Philips position as a primary supplier of technology to the Healthcare Information Technology (IT) market. As a result of this acquisition, Philips now ranks globally as the number 2 supplier of picture archive and communications systems (PACS).

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