Philips is Only Vendor to Earn Two Prestigious KLAS Awards for Cardiology Technologies

Royal Philips ElectronicsRoyal Philips Electronics (NYSE: PHG, AEX: PHI) was recently recognized in the 2007 Top 20 Year End Best in KLAS Awards report. KLAS, an independent research firm specializing in monitoring and reporting performance of healthcare information technology (HIT) vendors, announced that Philips Xcelera, a cardiovascular image management, analysis and reporting solution, was named the KLAS General Market Software Category Leader for Cardiology Reporting & Documentation. Moreover, for the third consecutive year, Philips Series IV physiomonitoring and information system was recognized as the General Market Software Category Leader for Cardiology Hemodynamics. No other vendor earned two KLAS awards for cardiology technologies.

Philips Series IV is the DNA of the new Philips Xper Information Management catheterization (cath) lab workflow solution that was introduced last year. While naming the Series IV "Category Leader" for three straight years highlights Philips' strength in the cath lab, earning both hemodynamic and reporting awards demonstrates Philips' market leadership throughout the cardiovascular continuum of care.

"This prestigious recognition for Philips cardiology technology is both flattering and affirming," said Bruce Reese, general manager, Interventional Patient Care for Philips Healthcare. "Xcelera helps to solve organization and workflow challenges, as it brings advanced clinical tools from multiple imaging modalities onto one centralized platform to foster clinical collaboration when diagnosing patients. When combined with Xper Information Management's hemodynamic monitoring and cath lab information management features, Philips offers customers proven innovations to meet their evolving cardiovascular IT needs. Plus, we are supporting these solutions with world class customer service."

Philips' KLAS ratings are published in the Top 20: 2007 Year-End Best in KLAS report. This report reflects the summary of HIT software, services and medical equipment performance data as reported by physician offices, clinics, IDNs, inpatient facilities and applicable healthcare agencies. Each product or service is categorized into a market segment where similar products and services are compared and ranked against one another. HIT software and medical equipment scores represent performance data collected over 13 months (October 15, 2006 – November 15, 2007). To learn more about the 2007 Top 20 Year-End Best in KLAS report, visit www.KLASresearch.com.

The KLAS awards will be formally presented at the 2008 Healthcare Information Management Systems Society (HIMSS) annual conference and exhibition in Orlando, Florida, February 25 – February 28.

KLAS publications excerpted here are republished with the permission of the copyright holder.

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.

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