Osram and Philips sign a license agreement for LED and OLED

"We expect this to put us in an even better position to use LED technology to serve the demands of the market," said Dr. Rudiger Muller, President and CEO of OSRAM Opto Semiconductors GmbH in Regensburg. The agreement relates to patents held by Philips, including the US subsidiary Lumileds, and by OSRAM including its subsidiary OSRAM Opto Semiconductors.

About Philips Lumileds Lighting Company
Philips Lumileds Lighting Company is the world’s leading high-volume manufacturer of power LEDs and a pioneer in the use of solid-state lighting solutions for everyday purposes including automotive lighting, camera flash, LCD televisions, portable lighting and general lighting. The company’s patented LUXEON® Power Light Sources are the first to combine the brightness of conventional lighting with the small footprint, long life and other advantages of LEDs. Philips Lumileds also supplies core LED material and LED packaging, and manufactures billions of LEDs annually. The company is headquartered in San Jose, California, with operations in the Netherlands, Japan and Malaysia, Singapore and sales offices throughout the world. For more information, contact Philips Lumileds Lighting Company at 408-964-2900 or visit www.philipslumileds.com .

About OSRAM Opto Semiconductors
OSRAM Opto Semiconductors is a wholly owned subsidiary of OSRAM, one of the world's two leading lighting manufacturers. It offers its customers solutions based on semiconductor technology for lighting, sensor and visualization applications. The company operates sites in Regensburg (Germany), San Jose (USA) and Penang (Malaysia). For the fiscal year ending in September 2005, the more than 3,500 employees of OSRAM Opto Semiconductors achieved a sales volume of 452 million euros. For more information, visit www.osram-os.com .