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State of California Selects Philips Lighting Company for 2002 "Flex Your Power" Energy Conservation Award.


Business Editors

SOMERSET, N.J.--(BUSINESS WIRE)--Aug. 21, 2002

California Cites Philips Lighting Company's Groundbreaking

Berkeley Education Campaign, Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services.

Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box
 Joint Initiative as

Testament to Leadership

Royal Philips Electronics (NYSE NYSE

See: New York Stock Exchange
: PHG) proudly announced that its U.S.-based lighting company has received the State of California's 2002 "Flex Your Power" Energy Conservation Award for its efforts in promoting energy conservation and efficiency measures.

The award, a component of California's broad-ranging campaign to address its challenging energy situation, recognizes Philips' achievements - including its Berkeley-based "Energy Blueprint blueprint, white-on-blue photographic print, commonly of a working drawing used during building or manufacturing. The plan is first drawn to scale on a special paper or tracing cloth through which light can penetrate.  for the Nation" and business education program conducted with Home Depot - among the best in the state.

"To aid Californians during last year's energy crisis, Philips worked with the state and developed several powerful conservation programs - including the landmark `Philips Lighting Formula: An Energy Blueprint for the Nation,'" said Steve Goldmacher, Director of Corporate Communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. , Philips Lighting Company North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . "We're extremely honored to be recognized for our efforts and look forward to helping make visible the issue of energy conservation."

In June 2001, Philips Lighting re-lamped an entire city block in Berkeley with energy-efficient compact fluorescent lamps A compact fluorescent lamp (CFL), also known as a compact fluorescent light bulb is a type of fluorescent lamp designed to replace an incandescent lamp. Many CFLs can fit in the existing incandescent light fixtures.  (CFLs) and linear fluorescents to create an "energy blueprint," documenting a dramatic reduction in energy usage and cost.

Aside from helping Berkeley realize annual cost savings of 45 percent, the combination of CFLs and Philips' ALTO(R) fluorescent lamps fluorescent lamp

Type of electric discharge lamp consisting of a glass tube filled with a mixture of argon and mercury vapor. A current of electricity causes the vapor to produce ultraviolet radiation that, in turn, excites a phosphor coating on the inside of the tube,
 contributed to a dramatic source reduction in mercury. Philips' ALTO(R) lamps are the lowest mercury content and the only lamps that meet California's stringent TTLC TTLC Total Threshold Limits Concentration
TTLC Top Tier Local Corporate
 test for non-hazardous waste.

In addition to spearheading the Berkeley project, Philips participated in tie-in programs with California utilities, provided leadership in public school education and worked with its partner The Home Depot to provide 750,000 compact fluorescent lamps to the State for distribution among low-income families. From a practical standpoint, these efforts not only raised awareness, but also helped reduce energy use among homeowners.

Philips also tackled the issue of business energy conservation, working with its partner The Home Depot to conduct a comprehensive business-to-business energy education program. Several Philips and third-party experts trained local Home Depot associates in performing energy evaluations and developing recommendations for local businesses, which helped to identify and curb excessive energy expenditures.

"Last year, the State of California responded to a threat of energy blackouts by encouraging citizens and organizations to step forward and conserve," said Aileen Adams, Secretary of the State and Consumer Services Consumer Services refers to the formulation, deformulation, technical consulting and testing of most consumer products, such as food, herbs, beverages, vitamins, pharmaceuticals, cosmetics, hair products, household cleaners, [paints, plastics, metals, waxes, coatings, minerals,  Agency in California. "Philips exceeded the call and helped us avoid summer blackouts, becoming a role model for energy conservation in the process."

California's successful "Flex Your Power" public service campaign encourages residents and other organizations to not only be energy-conscious, but also to take action wherever possible. The State bestows a "Flex Your Power" Energy Conservation Award to honor those organizations that provide leadership in implementing conservation measures.

About Royal Philips Electronics

Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of $ 28.8 billion (EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 32.3 billion) in 2001. It is a global leader in color television sets, lighting, electric shavers, medical diagnostic imaging and patient monitoring, and one-chip TV products. Its 184,000 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances domestic appliance domestic nappareil ménager , components, semiconductors, and medical systems. Philips is quoted on the NYSE (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges. News from Philips is located at www.newscenter.philips.com/usa
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 21, 2002
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