Press Release
January 17, 2017
To Whom It May Concern:
Funai Electric Co., Ltd.
Representative Director
President and CEO: Tetsuhiro Maeda(Code No.: 6839 First Section of TSE)

P&F USA and Dolby Announce New 2017 Lineof Philips Branded 4K Ultra HD TVs With Dolby Vision Supportand Dolby Vision Capable Ultra HD Blu-ray Players
LAS VEGAS, January 5, 2017 – P&F USA, Inc. and Dolby Laboratories Inc. (NYSE: DLB) today
announced the launch of new Philips branded 4K Ultra HD televisions featuring Dolby Visionhigh-dynamic-range (HDR) technology and Dolby Vision capable 4K Ultra HD Blu-ray players.
All 2017 Philips 4K Ultra HD 6000, 7000 and 8000 series televisions will support Dolby Visionout of the box. The Philips 4K Ultra HD Blu-ray player BDP7502 will support Dolby Vision on
Ultra HD Discs later this year via a software update
Leveraging the HDR technology that powers Dolby’s most advanced cinemas around the world,
Dolby Vision transforms the TV experience in the home by delivering greater brightness andcontrast, as well as a fuller palette of rich colors. Dolby’s deep expertise in bringing advanced
technologies from the cinema to the home has led to distinct features that enable Dolby Vision
to deliver extraordinary viewing experiences to home consumers. Dolby Vision is the preferred
HDR mastering workflow for major studios and a growing number of creatives, so consumers
will have access to more of what they want to watch in HDR, including a robust portfolio ofmovies and episodic content. Dolby today delivers spectacular experiences in broadcast,gaming, music and other genres, and this expertise serves as the foundation that will enable
Dolby Vision to drive the future of entertainment tomorrow.
“HDR is a significant advancement in picture technology that delivers tangible improvements inimage quality, but Dolby Vision goes further and transforms an HDR picture into something thatis truly stunning,” said Karl Bearnarth, executive vice president, sales and marketing, P&F USA,Inc., the exclusive North American license partner for Philips consumer televisions and home
video products. “Dolby Vision is not just greater dynamic range and wider color gamut; it is also
smarter pixels that deliver the best possible viewing experience for consumers.”
From content creation to distribution and playback, Dolby Vision is an end-to-end solution
supported by leading Hollywood directors, major studios and distributors, and TV OEMs
worldwide. On-demand streaming services feature a strong lineup of Dolby Vision content withmore than 80 studio titles available today. Additionally, more than 100 hours of original content
is available in Dolby Vision across leading OTT providers globally, and consumers will soon
have access to Dolby Vision titles on Ultra HD Blu-ray disc, with anticipated availability in early2017.

“We are excited to partner with P&F USA to provide consumers more ways to experience Dolby
Vision today,” said Giles Baker, senior vice president, Consumer Entertainment Group, Dolby
Laboratories Inc.. “Dolby Vision transforms your TV experience with dramatic imaging that goes
above and beyond generic HDR, delivering a spectacular experience that brings entertainment
to life before your eyes.”
To show off just how much of an improvement Dolby Vision delivers, a centerpiece of bothcompanies’ CES exhibits will be a jointly developed Dolby Vision Technology Demonstrator thatshowcases the technology. The demonstrator will offer over 1000 cd/m2 of brightness for very
wide dynamic range and lifelike images, over 90% DCI-P3 color gamut coverage for precise andrich color output, 1000+ zone Micro Dimming Premium backlight for exceptional HDR
performance, and exceptional backlight distribution control technology for the best possible
black levels and brightness uniformity.
Philips 8000 series TVs are Dolby Vision enabled 4K TVs designed for the most demanding
consumers. Available in three screen sizes – 49-inch class, 55-inch class and 65-inch class –they offer Chromecast built-in, a platform that that lets users cast entertainment from theirphone, tablet or laptop right to the TV and control the TVs using their mobile device or Google
Home powered by the Google Assistant. Other features include wide color gamut, BrightPro
Plus backlight, Micro Dimming, 240 Perfect Motion Rate, 4K upscaling, dual band 802.11ac
wireless LAN with MIMO antennas, HDMI 2.0a with HDCP 2.2, and Sonic Emotion Premiumsound.
The Philips 7000 series is a 98-inch class Dolby Vision enabled 4K TV with Philips NetTV thatoffers direct access to the most popular apps, BrightPro backlight, Macro dimming, 240 PerfectMotion Rate, 4K upscaling, wireless screen casting, dual band 802.11ac wireless LAN withMIMO antennas, HDMI 2.0a with HDCP 2.2 and Sonic Emotion Premium Sound.
Philips 6000 series TVs are Dolby Vision enabled 4K TVs that deliver premium Ultra HD
performance. Available in six screen sizes – 43-inch class, 50-inch class, 55-inch class, 65-inchclass, 75-inch class and 86-inch class – they feature Philips NetTV, BrightPro backlight, Macrodimming, 120 Perfect Motion Rate, 4K upscaling, wireless screencasting, dual band 802.11ac
wireless LAN with MIMO antennas, HDMI 2.0a with HDCP 2.2, and Sonic Emotion Premiumsound.
The Philips BDP7502 4K Ultra HD Blu-ray player offers built-in HEVC and VP9 decoders forplaying Netflix and YouTube 4K content. It also features 4K upscaling for non-4K sources. For
the best possible sound, it offers both Dolby Audio and DTS-HD Master Audio. Connections
include HDMI 2.0a HDR video output and 1.4a audio output to maintain compatibility with legacy
AVRs, Wi-Fi 802.11ac, Ethernet and USB Multimedia.
About P&F USA, Inc.
P&F USA, Inc. located at Alpharetta, GA is a subsidiary of Funai Electric Co., LTD and is theexclusive licensee for Philips consumer televisions and home video products in North America.
Funai Electric Co., Ltd., established in 1961, is headquartered in Osaka, Japan and is listed in
the Tokyo Securities Exchange First Section (6839). In addition to the consumer electronic
product brands sold by Funai Corporation and the products sold by other Funai sales andmarketing companies in Asia, Europe, and South America, Funai Electric Company, Ltd. is amajor original equipment manufacturer (OEM) supplier for appliance, consumer electronics,computer, and computer peripheral companies at a global level.

About Dolby Vision
Dolby Vision transforms your TV experience with dramatic imaging—incredible brightness,
contrast, and color that bring entertainment to life before your eyes via OTT online streaming,
Ultra HD Blu-ray, broadcast, and gaming applications.
About Dolby Laboratories
Dolby Laboratories creates audio, video, and voice technologies that transform entertainmentand communications in mobile devices, at the cinema, at home, and at work. For more than 50years, sight and sound experiences have become more vibrant, clear, and powerful in Dolby.
For more information, please visit www.dolby.com.
All trademarks and copyrights are the property of their respective owners.
For further information, please contact
Investors and Public Relations
E-mail: investor_relations@funai.co.jp