Channel Partners from the Region participate at the Philips Annual Regional Distributors Meet

Philips monitors holds its annual regional distributor meet for the year 2013 in Chiang Mai, Thailand. End Quote

(1888PressRelease) March 18, 2013 - MMD (Multimedia Displays) is a wholly-owned company of TPV established in 2009 through a brand license agreement with Philips, recently held its Annual Regional Distributors Meet, 'Reach 2013' in Chiang Mai, Thailand.

Key channel partners from the Asia Pacific, Middle East, Africa and Central Asia regions participated in the two-day event. Drive Control Corporation (Pty) Ltd, ASBISC Enterprises PLC, Gulf Shadows Computer Systems, Simurg IT LLC, Technostar and Fire Bird Distribution FZE were rewarded for their outstanding work in promoting the Philips brand and sales of monitors in their respective territories.

The event also served as a discussions forum between Philips partners and management. The performance of Philips was reviews for the year 2012 and the senior management of Philips, shared the trends and strategies that are shaping up the monitor market across globe as well as in the respective regions.

Philips business managers presented their plans and updated partners on the key objectives going forward while laying down the roadmap and strategies for the year 2013. The company unveiled several new models of monitors and reiterated its aim to grow substantially in newer segments in the coming year.

Suchit Kumar, Sales Vice President - MEA & Central Asia, MMD, said "Reach 2013 provided us a great platform to celebrate our progress and extend our appreciation to all the Philips channel partners. Apart from acknowledging the efforts of our partners, we showcased our new innovative products and also exchanged ideas to further bring momentum in our efforts to continue this success with our partners in the region."

About MMD
MMD is a wholly owned company of TPV established in 2009 through a brand license agreement with Philips. MMD exclusively markets and sells Philips branded LCD displays worldwide. By combining the Philips brand promise with TPV's manufacturing expertise in displays, MMD uses a fast and focused approach to bringing innovative products to market.

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