January 4th, 2021

      Signify Chooses Artechno As its New Philips

Horti LED Partner For The Unique Modular

Turnkey Vertical Farming Solutions That it Provides

·        Lowers bar for growers and entrepreneurs to start a new vertical farm

·        Helps to automate the production process for diverse crops from seed to harvest

Eindhoven, Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has signed a partnership agreement with Artechno, global provider of scalable Automated Vertical Farming systems, to make it easier for growers and entrepreneurs to start a state-of-the-art vertical farm using Philips GreenPower LED lighting. Artechno, headquartered in De Lier, the Netherlands, is an engineering company that develops and realizes unique automated cultivation systems based on hydroponic substrates for clients across the globe.

“Partnering with Signify is a logical choice for us,” said Art van Rijn, Owner of Artechno. “We’re a winning combination as we offer our customers the highest efficiency and highest reliability, while Signify provides energy-efficient lighting solutions that perform 24/7, 365 days a year. Together this will help our customers to grow tasty, high-quality produce year-round.”

Artechno has channeled 100+ years of combined experience in horticulture into its flagship product, Automated Vertical Farming, or AVF+. It offers a fully automated solution for producing a variety of crops from seed to harvest. Artechno has automated all processes to ensure low labor costs and consistent crop production. AVF+ is a modular system that can be customized to the needs of the crop, available space, or desired production volume. Growers and entrepreneurs can start with a few key components and scale up their automation and operation as they grow.

“We’re proud to expand our partnership network with the knowledge and expertise of Artechno,” said Udo van Slooten, Business Leader Horticulture at Signify. “They share our values of innovation, quality and reliability. This partnership will help us lower the barriers for growers and entrepreneurs who are considering a vertical farm by enabling us to offer Philips GreenPower lighting within fully modular and automated systems for every aspect of their operations.”

Signify continues to expand its horticulture partner network, further demonstrating its commitment to lead the horticulture industry as the innovative LED lighting systems provider for the indoor farming industry.    

--- END ---

For further information, please contact: 

Global Marcom Manager Horticulture at Signify

Daniela Damoiseaux

Tel: +31 6 31 65 29 69

E-mail: daniela.damoiseaux@signify.com

www.philips.com/horti 

About Signify

Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value, and transform life in homes, buildings, and public spaces. With 2019 sales of EUR 6.2 billion, we have approximately 37,000 employees and are present in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We achieved carbon neutrality in 2020, have been in the Dow Jones Sustainability World Index since our IPO for four consecutive years, and were named Industry Leader in 2017, 2018 and 2019. News from Signify is located at the Newsroom, Twitter, LinkedIn and Instagram. Information for investors can be found on the Investor Relations page.