Philips CSS and Loronix sign memorandum
Jun 1, 2000 12:00 PM, Cindy Holst
Philips Communication & Security Systems (Philips CSS) and LoronixInformation Systems announced that it has entered into a memorandum ofunderstanding, whereby Philips CSS will sell the Loronix CCTVware productsunder the Philips brand name throughout the Americas, Europe, Africa, theMiddle East and Asia. Loronix Information Systems is a publicly heldcorporation that develops, markets, sells and aupports a family of digitalvideo surveillance and identification systems. Philips CSS is part of RoyalPhilips Electronics of the Netherlands, headquartered in Amsterdam.