SCREENEO INNOVATION and PHILIPS enter a long-term exclusive brand licensing agreement.
08/31/2018

SCREENEO INNOVATION and PHILIPS enter a long-term exclusive brand licensing agreement
to Secures Pico, Ultra Short Throw Projectors and Digital Receivers.

Online PR News – 31-August-2018 – Tolochenaz – TOLOCHENAZ—(August 29th, 2018) - Today, SCREENEO INNOVATION SA ("SCREENEO" as part of
the POWER DATA HOLDING SA) announces they have entered a long-term, and exclusive brand licensing
agreement. Through this agreement, SCREENEO acquires the global rights to the PHILIPS brand for
handheld, ultra-short throw projectors and digital receivers. While PHILIPS will license its brand to
SCREENEO for the range of products stated above, SCREENEO will design, manufacture, sell and provide
customer support. SCREENEO will exclusively manage all sales and distribution and serve as a global
distributor of new PHILIPS-branded Pico Projector, Ultra Short Throw Projectors and Digital
Receivers along with a wide distribution network.

SCREENEO, through its mother company POWER DATA Holding SA, which has world-class broad portfolio
of products, plans to partner with technology and lifestyle businesses partners to expand and enhance
the iconic brand's global consumer footprint. SCREENEO will leverage its long-standing relationships
with leading manufacturers and its growing network to secure significant worldwide distribution
partners.

"At SCREENEO, we are unexpected, simple and believe in extraordinary, excellence and customer
centrism. We build products for those who believe that what makes technology smart is what you can
do with it rather than what it can do. We do this by leveraging our design expertise and the innovative
Philips brand as well as democratizing innovation that makes sense to consumers giving access to
technologies that enables people to do more, watch more, and enjoy more. With these combined
strengths, we bring premium award-winning Projectors to the market: caring, innovative, easy to use,
and impactful. Through relentless innovations, discoveries, and fantastic partnerships, Screeneo is
transforming the world of vision, offering easy to access and long-lasting product to enhance customer's
life, for them to share their favorite moments or just devour great motion pictures." said Dan Mamane,
President & CEO of POWER DATA HOLDING.

"We are excited to partner with Screeneo Innovation, as they bring innovation, projection technology
and a strong distribution network. Together, we believe we will be able to continue the strong Philips
product lineup, marketing and excellent consumer care," Andy Mintz, SVP, Head of Global Brand
Licensing at Philips.

Additional information on the product roadmap and availability of devices will be available in coming
months.

About SCREENEO INNOVATION SA and POWERDATA HOLDING SA
SCREENEO INNOVATION SA is a subsidiary of POWER DATA HOLDING SA with its headquarter in
Switzerland, a 22 years' old group active in the Consumers' Electronics. SCREENEO INNOVATION SA is
dedicated to design, manufacture and distribute premium home projection devices, fax/consumables
and money counters. With its sister company, POWER DATA SA, that offers end-to-end portfolio
of products, services and solutions, combined with 22 years of consumers' electronics distribution in
France and Switzerland helps corporations like NEST, SPHERO, DJI and many others to gain access to
the major Retailers and meet the market players best suited to represent their brand. By expertly
covering products' placement and distribution, POWER DATA HOLDING SA is the integral solution for
boosting sales.

PRESS: press@screeneo.com