Reduction of entrance fee for CD Patent License Programs

Philips has decided to reduce the entrance fee payable under its CD disc and CD player patent license agreements from USD 25,000 to USD 5,000, effective January 1st., 2005.

General information concerning Philips' optical license programs can be obtained from Philips' website at : www.licensing.philips.com, or through the local offices of Philips Intellectual Property & Standards.