PRESS RELEASE: May 16, 2018

Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has today launched its new company name, following the amendment of the company’s articles of association changing its name from Philips Lighting N.V. to Signify N.V.

Signify will continue to use the Philips brand for its products, the most trusted lighting brand in the world, under the existing licensing agreement with Royal Philips. The company expects the name change to be implemented in all the countries where it is active by the beginning of 2019.
With operations in more than 70 countries and 32,000 people worldwide, Signify generated sales of EUR 7 billion and invested EUR 354 million in Research and Development in 2017.

“We are driven by the principle that light is essential,” Eric Rondolat added. “And by connecting it to networks, software, sensors and IoT platforms, we open the door to a smarter world.”

UV-C lighting has the power to disinfect air, surfaces and water

The quality of the air we breathe and the cleanliness of the surfaces we touch have a profound effect on our health and wellbeing. We’re all at risk of contracting and spreading viruses and bacteria, especially in busy public areas like the office, store, schools, museums and on public transport. Used extensively by scientists for over 40 years¹, UV-C is a known disinfectant for air, surfaces and water. All bacteria and viruses tested to date respond to UV-C radiation.² Signify has been at the forefront of UV technology for many years and has a proven track record of developing innovative UV-C products and applications. In laboratory testing, our UV-C light sources inactivated 99% of SARS-CoV-2 virus on a surface with an exposure time of 6 seconds.³

Signify products includes batten, trolleys, disinfection lamps and chambers.