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HDTVs / Press Releases / LG Receives Environmental Product Declaration
P R E S S R E L E A S E LG.Philips LCD Becomes First TFT-LCD Industry Player to Receive SEOUL, Korea --(Business Wire)-- July 3, 2005 LG.Philips LCD Co., Ltd. (NYSE: LPL, KRX: 034220), one of the world's leading innovators of thin-film transistor liquid crystal display (TFT-LCD) technology, recently became the first TFT-LCD manufacturer to attain Environmental Product Declaration (EPD) certification. The certification was awarded to LG.Philips LCD in June 2005 for its 32, 37 and 42-inch TFT-LCD panels for TV applications. The EPD certification, which is issued by the Swedish Environmental Management Council (SEMC), is an environmental labeling system that is based on International Standards Organization (ISO) standards, and is one of the world's most respected environmental certifications. The SEMC awarded EPD certification based on an independent 'full life cycle' assessment of LG.Philips LCD's 32, 37, and 42-inch LCD TV panels. This certification will help LG.Philips LCD to meet the increasing consumer demand for in-depth product information, and underscores the company's commitment to environment-friendly products and manufacturing processes. In particular, as the first TFT-LCD manufacturer to obtain EPD certification, LG.Philips LCD is helping to establish environmental information disclosure standards for the TFT-LCD industry, as a whole. LG.Philips LCD is currently ahead of government regulations in terms of environmental standards, as all of its TFT-LCD TV panels already conform to RoHS (Restriction of Hazardous Substances)(1) standards that will be implemented by the European Union in July 2006. The company has also ensured that its production processes for other TFT-LCD products, such as PC monitors and notebook PC panels, are ready to meet the rigorous RoHS standards. As part of its commitment to the environment, LG.Philips LCD has adopted lead-free soldering in the production of all of its LCD TV panels, and is expanding its green house gas treatment system to include all of its production lines in order to reduce emissions of PFCs, one of most hazardous greenhouse gases. About LG.Philips LCD LG.Philips LCD (NYSE: LPL, KRX: 034220) is a leading manufacturer and supplier of thin-film transistor liquid crystal display (TFT-LCD) panels. The Company manufactures TFT-LCD panels in a wide range of sizes and specifications primarily for use in notebook computers, desktop monitors and televisions. Headquartered in Seoul, South Korea, LG.Philips LCD currently operates six fabrication facilities in Korea and has over 14,000 employees in locations around the world. For more information about the Company, please visit http://www.lgphilips-lcd.com. LG.Philips LCD makes "Technology you can see!" Forward-Looking Statement Disclaimer This press release may contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Additional information as to factors that may cause actual results to differ materially from our forward-looking statements can be found in our filings with the United States Securities and Exchange Commission. (1) RoHS (Restriction of Hazardous Substances) standards restrict the use of certain hazardous substances in electric and electronic equipment to be brought into the European Union district. The directive, which will take effect from July 1, 2006, limits the use of six substances: lead, mercury, cadmium, hexavalent chromium, polybrominated biphenyls and polybrominated diphenyl ethers. LG.Philips LCD Bruce Berkoff, +822-3777-0707 or +1-215-206-6506 bruce@lgphilips-lcd.com or Sue Kim, +822-3777-0970 sue.kim@lgphilips-lcd.com or Bang-Soo Lee, +822-3777-1020 bsleeb@lgphilips-lcd.com or Sloane & Company Monica Huang, +1-212-446-1874 mhuang@sloanepr.com
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