Philips to Hold Conference Call Today on Healthcare IT Acquisition; Conference Call to Focus on Acquisition, iSite PACS, and Industry Analysis

Business Wire, July 6, 2005

Royal Philips Electronics (NYSE:PHG, AEX:PHI)

News:       Royal Philips Electronics (NYSE:PHG, AEX:PHI) and
            Stentor, Inc. today announced Philips will acquire
            Stentor, a leading provider of picture archiving and
            communication systems (PACS) used for storing, managing
            and distributing digital radiology images throughout
            hospitals and healthcare facilities. Philips will pay
            approximately USD 280 million in cash for Stentor Inc.
            subject to receipt of regulatory approval. Stentor's
            shareholders have approved the agreement and transaction.

Speakers:   Stan Smits, head of Philips healthcare IT
            Oran Muduroglu, President of Stentor

When:       Today, July 6, 2005, at 3:30 p.m. ET (12:30 p.m. PT)

Login:      Dial-in phone numbers: U.S. 800-762-6067; Int'l:
            480-629-9566. To register for WebEx access for a product
            demo during the call, go to stentor.webex.com, and please
            allow a few minutes to go through the WebEx configuration
            process.

            A replay of the call will be available from July 6, 2005,
            at 7 p.m. ET until August 6, 2005; Telephone U.S.(800)
            475-6701, or Int'l (320) 365-3844, access code 788873.

To read more on PACS and the Healthcare IT market, including images and presentations from today's press announcement, please visit www.newscenter.philips.com/about/news/section-13674/Article-15040.html To find out more about Stentor and its activities, please visit www.stentor.com. To find out more about Philips Medical Systems, please visit www.medical.philips.com.