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PLATT
ELECTRONIC HONORS ROYAL PHILIPS ELECTRONICS FOR SUPPLIER EXCELLENCE WITH PLATTINUM AWARD
Award Showcases Philips Commitment to Assisting Distributors, Strategic Marketing Partnerships 
Somerset, NJ (October 4, 2002) - Platt Electric, one of the
United States' premier electrical distributors, today honored Philips
Lighting, the world's largest lighting manufacturer and a division of
Royal Philips Electronics (NYSE: PHG), with its Plattinum Award. This award, which judges suppliers on the quality of their merchandising and resource input, acknowledges Philips' commitment to developing relationships with its distributors. "Being recognized by Platt Electric is not only a great honor, but it epitomizes our efforts to building outstanding relationships with distributors," said Steve Goldmacher, Director of Corporate Communications, Philips Lighting Company North America. "Once again, Philips proves its ability and willingness to continue strengthening relationships with distributors." This year's honor marks Philips Lighting's second consecutive Plattinum Award. In keeping with Platt's emphasis on building relationships, the Plattinum Award gauges supplier excellence in several areas:
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