SOMERSET, N.J. - Philips Lighting Company, the U.S.-based lighting company affiliated with Royal Philips Electronics (NYSE: PHG, AEX: PHI), today announced that it has achieved the rigorous IDW Business Information Data Audit Certification awarded by IDEA, an industry owned e-commerce service provider. This is the first time Philips Lighting has been awarded this recognition by IDEA. As one of a select group of manufacturers, Philips Lighting has successfully met all requirements for the Industry Data Warehouse version 2.0 (IDW) Data Audit Certification program and has been identified as a supplier offering the highest quality data for the entire electrical industry.
"E-commerce is a growing and increasingly crucial way for how Philips conducts business and answers buyers' needs 24/7," said Steve Goldmacher, Director, Corporate Communications, Philips Lighting Company. "Philips Lighting is proud to have achieved IDEA's demanding standards and gain the acknowledgment which further validates our customers' buying decisions."
In meeting IDEA's rigorous certification, Philips Lighting had to demonstrate that its products met or exceeded criteria of consistent, accurate, timely data that not only conformed to the IDW format and highest quality standards, but also is constantly evaluated and updated. For instance, each certified manufacturer must test and evaluate its data at least four times a year.
The newest IDW Data Audit Certification includes Philips Lighting's extensive portfolio of advanced incandescent, halogen, and fluorescent products for the consumer, commercial, retail, and industrial sectors.
For further information please contact:
Philips Lighting Company
About Royal Philips Electronics
Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a global leader in healthcare, lifestyle and technology, delivering products, services and solutions through the brand promise of "sense and simplicity". Headquartered in the Netherlands, Philips employs approximately 125,500 employees in more than 60 countries worldwide. With sales of EUR 30.4 billion in 2005, the company is a market leader in medical diagnostic imaging and patient monitoring systems, energy efficient lighting solutions, personal care and home appliances, as well as consumer electronics. News from Philips is located at http://www.philips.com/newscenter.
IDEA is an eCommerce service provider jointly owned by NEMA and NAED. Developed to drive down supply chain costs, IDEA (www.idea-eSolutions.com) provides the Industry Data Warehouse (IDW), a central repository of manufacturer product, pricing, and attributed data; the Industry Data Exchange (IDX) is an Internet-based communications hub that enables business trading partners to exchange business documents using EDI, XML, flat file, or Web form transactions sets; the Industry Retail Database (IRD) a central repository of manufacturer retail product data to meet retail hardware powered by CERICOMX®, CPG and GS1 US requirements; IDEA eCredit (IeC), a hosted industry account receivables reporting database and the Data Audit and Certification (DAC) Program to verify manufacturer data meets specification criteria to ensure data synchronization between business partners.