Genesys Conferencing to Offer Web Videoconferencing Solutions With Philips Web Cams

Denver, Colorado and Amsterdam, The Netherlands - July 23, 2002- Genesys Conferencing (Euronext: 3955) (Nasdaq: GNSY), the world's leading conferencing specialist, and Philips, have announced a joint agreement to provide web-based videoconferencing solutions to large corporate enterprises in Europe. The agreement calls for a joint offer of Genesys Meeting Center 2.0 with a Philips web cam to corporate accounts, including special trial offers for major companies.

These major accounts of both Genesys Conferencing and Philips will be invited to participate in a trial offer of Genesys Meeting Center 2.0, bundled with the Philips ToUcam web cam, adding a visual component to their online meeting environment. With the use of a Philips web cam, users will be able to add desktop videoconferencing to their virtual conferences, truly simulating the interactivity of face-to-face meetings.

"This partnership with Genesys fits very well in our experience strategy," says Allard Bijlsma, General Manager PC Peripherals, Philips Consumer Electronics Europe. "Philips web cams bring a completely new experience to business life and enhance productivity, adding the human element to each web conference. Together with the advanced functionality of Genesys Conferencing's integrated web conferencing solutions, we offer a new communication experience for interactive face-to-face meetings, regardless of the participant's location."

Philips recently introduced its Experience Marketing strategy, encompassing three "Experience Domains." One of the three domains is Business Productivity, targeting a broad range of professional, semi-professional and SOHO (Small Office Home Office) applications. It focuses on delivering solutions to professional users in order to do their jobs more effectively, more efficiently and with more enjoyment.

"The addition of desktop video in an intuitive format is key to improving collaboration for the entire enterprise, " said Emmett Hossack, Vice President of Strategic Partnerships for Genesys Conferencing. "The market for remote collaboration is growing rapidly and we feel that Genesys Meeting Center 2.0, used with a Philips web camera will allow users to achieve true real-time visual collaboration. By adding a video component, users increase productivity by bringing conference room benefits to the desktop across the organization as well as externally to their customers, prospects and partners."

Genesys Meeting Center 2.0 provides advanced meeting functionality through the integration of audio, web and desktop multipoint video, enhanced Microsoft Outlook Calendar support and Microsoft MSN Messenger integration. By extending Genesys Meeting Center's proven technology with desktop video, the company has created a fully integrated solution that brings conference room benefits to the desktop.

Philips ToUcam web cam series offer a high-quality picture performance, making it perfectly suitable for videoconferencing in the office environment. ToUcam web cams automatically adjust to any lighting conditions, enabling users to receive a high-quality video image in almost every office.

Genesys Meeting Center has maintained strong momentum since it was launched in October 2001 as the first collaboration platform that fully integrates audio and web conferencing through the Internet. The new features available in Genesys Meeting Center 2.0, combined with the industry's most aggressive pricing model have further increased the global usage rate and strengthened the company's market leadership.

For more information please contact:

Genesys Conferencing
Paul Joyal
Direct Line: +1 781 761 6231

Philips Consumer Electronics
Corporate Communications
Laura Bekke
Tel: +31 20 5977916

About Genesys Conferencing

Founded in 1986, Genesys Conferencing is a global communications specialist, providing practical and innovative real-time collaborative and managed event services to over 17,000 clients worldwide. Working in a rapidly growing market and enjoying unique worldwide coverage as a result of its geographic expansion policy, Genesys Conferencing has established its advanced technology in 18 countries throughout Europe, Asia Pacific and the United States. Genesys Conferencing's ordinary shares are listed on the Nouveau Marché in Paris (Euronext: 3955) and its ADSs are listed on the Nasdaq National Stock Market (Nasdaq: GNSY). Euronext: 3955 - Nasdaq: GNSY - Reuters: GNSY LP - Bloomberg: GENE LP

About Royal Philips Electronics

Royal Philips Electronics of the Netherlands is one of the world's biggest electronics companies and Europe's largest, with sales of EUR 32.3 billion in 2001. It is a global leader in color television sets, lighting, electric shavers, medical diagnostic imaging and patient monitoring, and one-chip TV products. Its 184,000 employees in more than 60 countries are active in the areas of lighting, consumer electronics, domestic appliances, components, semiconductors, and medical systems. Philips is quoted on the NYSE (symbol: PHG), London, Frankfurt, Amsterdam and other stock exchanges. News from Philips is located at