Philips Innovation Award 2015

Winner Philips Innovation Award 2015 opens trading

Every year Philips (ticker symbol: PHIA) organizes the largest student business prize in the Netherlands, the Philips Innovation Awards. Student Start-up Pearltect, a bracelet that protects against sexual violence, won the Philips Innovation Award in 2015. Pearltect can call itself the most innovative student start-up of the Netherlands this coming year. During the final five finalists had to compete against each other for a jury chaired by Frans van Houten, CEO Philips.

The Pearltect is an as jewelry wearable self-defense bracelet. After activation an (unpleasant) odoriferous substance and an invisible marker is released. The odoriferous substance is used to (sexually) discourage the attacker. The marker can link the attacker to the crime-scene even after months.

The team of Pearltect, who won both first prize and the People's Choice Award, study at Erasmus University in Rotterdam and TU in Delft.

For more information: www.phia.nl

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