Press Room

PHILIPS STREAMIUM INTEGRATES PACKETVIDEO'S TWONKYMEDIA SERVER

LISBON, PORTUGAL (March 30, 2009)—Philips Streamium Network Music Players easily integrate into an existing wireless and wired home network and stream Internet radio as well as music from the PC to any room in the house. For easy access and convenient management of the music collection, Philips Streamium is now providing PacketVideo’s TwonkyMedia™ server software with the Network Music Players NP2900 and NP2500.

Once installed on a Windows PC or an Apple MacOS computer, the TwonkyMedia server enables optimized music browsing from the Streamium interface.

Users who want the additional ability to control their Philips devices from a Windows PC and stream photos can download and install the TwonkyMedia browser application at no additional charge, which will become available in Q2 2009.

Based on TwonkyMedia’s drag and drop interface, the media browser automatically shows representations for all compatible music devices in the home. To play music, the user simply drags the desired content – such as a genre, a playlist, an album or individual tracks – onto the selected Philips Music Network Player icon. Multiple playlist formats, including the non-DRM protected tracks from Apple iTunes™, are supported.

Power users looking for the ultimate connected home media experience will be able to download a trial version of TwonkyMedia’s flagship product, TwonkyMedia manager, to work with their UPNP devices. TwonkyMedia manager adds the support for videos, as well as media feeds from popular web services such as YouTube™, Flickr™ and Internet Radio.

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For more information on Philips Streamium products, please visit: www.philips.com/streamium

For more information on TwonkyMedia, please visit: www.twonkymedia.com

About PV: PV, a subsidiary of NextWave Wireless Inc. (NASDAQ: WAVE), is the software innovator powering the world’s leading mobile multimedia services. With more than 320 different devices supported and 260+ million PV multimedia clients deployed around the world, PV has the deepest, broadest and most respected multimedia software expertise in the industry. Founded in 1998, PV is headquartered in San Diego, California with regional offices in the U.S., Japan, Europe and India.

About Royal Philips Electronics: Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified Health and Well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs approximately 121,000 employees in more than 60 countries worldwide. With sales of EUR 26 billion in 2008, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in flat TV, male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at www.philips.com/newscenter.

Note Regarding Forward-Looking Statements: This press release contains “forward-looking statements” for purposes of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual events or results could differ materially from the events or results predicted or from any other forward-looking statements made by, or on behalf of, PV, and should not be considered as an indication of future events or results. Important factors that could cause actual events or results to differ materially are described in filings of our parent company, NextWave Wireless Inc. (NASDAQ: WAVE) with the Securities and Exchange Commission. All such documents are available through the SEC’s website at www.sec.gov. PV and NextWave Wireless Inc. make no commitment to revise or update any forward-looking statements in order to reflect changes in events or circumstances after the date any such statement is made, except as may be required pursuant to applicable law.

For further information:

Philips Media Contact:

Ina J. Kruse
Philips Consumer Lifestyle
+31 610 70 8393
ina.kruse@philips.com

PacketVideo Media Contacts:

Jeff Seedman
Ruder Finn
+1 310 882 4009
seedmanj@ruderfinn.com

Neil Sharma
PacketVideo
+1 770 751 5799
sharma@pv.com

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FACTS

Founded:

August 10, 1998

Headquarters:

San Diego, California

Employees:

400 worldwide

Management Team:

Chief Executive Officer and Co-Founder:

James C. Brailean, Ph.D.

Chief Technology Officer

Osama Alshaykh, Ph.D.

Chief Business Officer, General Counsel
and Vice President, Strategy

Joel Espelien

Senior Vice President, Strategic Initiatives and Vice President, Marketing

Neil Sharma

Senior Vice President of Engineering, Media Service Products

Mark R. Banham, Ph.D.

Senior Vice President, Customer Products

Barb Emond

Senior Vice President, CORE™ Client Products

Cheuk Chan

President, PacketVideo Japan

Kazunori Takagi