Philips, Accton Form WiFi JV

HSINCHU, Taiwan and AMSTERDAM -- Accton Technology Corporation of Taiwan (Accton) and Royal Philips Electronics (Philips), today announced the formation of Arcadyan Technology Corporation. Established on July 7th, 2003, this joint venture brings wireless infrastructure expertise and combines it with advanced A/V technology integration expertise. With an emphasis on optimizing audio and video quality, Arcadyan offers a robust product portfolio of wireless solutions.

Headquartered in Hsinchu, Taiwan, with offices in San Jose, Tokyo, Amsterdam, Shanghai, and Bangalore, Arcadyan has outstanding shares of 52% for Accton, and 48% for Philips. Philips will have three seats on the board, and Accton will also hold three seats. Both companies are customers and development partners of the joint venture for wireless connectivity products.

Over the next few years, Arcadyan’s advanced wireless solutions will be key enablers in the growing broadband market for devices that deliver content-rich always-on, always-connected applications. Arcadyan already provides innovative wireless products for leading design-in (Original Equipment Manufacturing) and add-on infrastructure to the MSO/ISP, consumer electronics, PC, and mobile phone industries.

Arcadyan’s objective is to address the increasing market requirements for advanced, easy to use, and cost effective wireless solutions based on state of the art technology in Wi-Fi (802.11), BluetoothTM and other industry standards. This includes a full line of access points and gateways including a Powerline Communication/802.11b bridge, worldwide-approved 802.11a/b/g solutions, emerging consumer applications like the recently launched Home Wireless A/V Platform and Bluetooth data and audio products.

Arcadyan Technology Corp.

Accton Technology Corp.

Royal Philips Electronics N.V.