MedQuist Comments on Filing by Philips

About MedQuist
MedQuist, a member of the Philips Group of Companies, is a leading
provider of electronic medical transcription, health information and document
management products and services. Meshulam,
president, AM Technologies, Inc. We look forward to our
partnership with MedNet System as we enable patient care throughout
medical practices and hospital networks. All other trademarks listed herein
are the property of their respective owners.

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Gulla, an internist and recent user of the system states, "I
was surprised the recognition was so high even though I have an
accent .
"We are honored MedNet System selected our company as the
preferred vendor for computer-based speech recognition systems and are
committed to continued outstanding service," said Andrew J. Founded in
1994, AM Technologies is privately held and is located in Newton,
Massachusetts.

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MOUNT LAUREL , N. Her major initiatives have included
the implementation of a fully-integrated performance management system and the
design of a new organizational model and foundation for cultural
transformation .

Mednet System Signs Contract To Use AM Technologies' WHY TYPE Medical System to Voice Enable Their Web Based Electronic Medical Record -emr4MD- Software

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, where she most recently was vice
president of Human Resources - International Operations and Global Diversity. To schedule product demo, or any sales
questions, contact info@mednetsystem.

AM Technologies, Inc.

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The operating results of MedQuist are consolidated into Philips' financial
statements by virtue of Philips' ownership of approximately 70.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: Statements in this press release regarding MedQuist's business which
are not historical facts are "forward-looking statements" that involve risks
and uncertainties.

Health Editors /High-Tech Editors

NEWTON, Mass.

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Philips'
Form 20-F includes a disclosure relating to MedQuist 's financial performance.mednetsystem.

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MedQuist provides document workflow
management, digital dictation , speech recognition, mobile dictation devices,
Web-based transcription, electronic signature, medical coding products and
outsourcing services.761."
"I am impressed at how quickly I was able to get the WTMS to voice
activate my emr4MD," explains Dr.

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J.
Barbato's career with Unisys spanned more than 35 years, beginning with
Sperry Corporation prior to their 1986 merger with Burroughs.

She also had
extensive international experience, having been responsible for organizational
change initiatives in Asia Pacific, Latin America, South Africa and Canada.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: Statements in this press release regarding MedQuist's business which
are not historical facts are "forward-looking statements" that involve risks
and uncertainties.

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, MedQuist Inc. ("Philips"). Consistent with MedQuist's prior
disclosures , in particular the press release dated November 2, 2004, the
financial information relating to MedQuist contained in the Philips' Form 20-F
filed today with the Commission should not be relied upon. Kenneth Guarnieri, an internist and
recent user.com

WHY TYPE, WHY TYPE Medical System, WHY TYPE Legal System, WHY TYPE
Executive System and WHY TYPE Hands-Free System are registered
trademarks of AM Technologies, Inc.

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About MedQuist:
MedQuist, a member of the Philips Group of Companies, is a leading
provider of electronic medical transcription, health information and document
management products and services.whytype.

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Contact: Craig Martin
617., MedQuist Inc. She comes to the company from a
distinguished career with Unisys Corp .
Most recently, Barbato was responsible for the implementation of human
resources strategic and operational plans for all of Unisys' business units
and corporate staffs in 40 countries, with a total of 20,000 employees., is a leading provider of PC-based speech
recognition systems. It has also developed products geared toward legal,
executive, and disabled users respectively with its WHY TYPE(R) Legal
System, WHY TYPE(R) Executive System and WHY TYPE(R) Hands-Free
System.

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+ WEBSTER, Mass. The company develops, markets and supports
high-performance, cost-effective speech solutions that empower users
with convenient, yet accurate, record keeping while enabling
organizations substantial savings over transcription costs.

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PK), a leading provider of electronic medical transcription, health
information and document management services, comments on the Form 20-F that
was filed today with the United States Securities and Exchange Commission (the
"Commission ") by Koninklijke Philips Electronics N. In addition, this financial information does
not reflect the results of MedQuist's billing practices review and related
litigation matters, the outcomes of which are not yet known and may not be
known in the immediately foreseeable future. At that time ,
Barbato, who was vice president of human resources in the telecommunications
and transportation industry business units during the merger, helped
facilitate the integration of Sperry and Burroughs employees.

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The financial information disclosed in Philips' Form 20-F filing
comes from the internal books and records of MedQuist and, as noted in the
Form 20-F filing, is unaudited.
Prior to holding that position, Barbato was the senior HR leader for many of
Unisys' business units, as well as providing specialized leadership in
organization and talent development areas. I am obtaining 98 to 99% accuracy with my accent.

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The conjunct system
is complemented by expert training and support through both MedNet
System and AM Technologies, Inc."

About Mednet System

Mednet System is the leading provider of practice consulting,
medical billing, and IT consulting services to hospitals, IPAs, and
physicians.com

About AM Technologies, Inc.com or to schedule product
demos or any sales requests, contact Allen Shen at 800-WHY-TYPE(R) or
ashen@whytype.

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(MEDQ. becomes MedNet System's
leading provider of computer-based speech recognition technology to
physicians and medical personnel.

Medical Transcription: Find medical information resource and support sites, chat, message boards, software and hardware vendors, MT services, classifieds, organizations, and schools for medical transcription.

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V. Mednet System is a privately held company headquartered in
Webster, Massachusetts .

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MedQuist Names New Senior Vice President Human Resources

The integration of the WTMS with emr4MD will increase the
medical community's productivity and efficiency.com or visit our site at
www .

For more information visit www.

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PK) today announced the appointment of Adele Barbato as its
new senior vice president of Human Resources. MedQuist provides document workflow
management, digital dictation, speech recognition, mobile dictation devices,
Web-based transcription, electronic signature , medical coding products and
outsourcing services."
According to Niraj Jetly, CEO, Mednet system , "this combination of
the emr4MD and WTMS allows users to enter information without having
to type or bear the cost of a transcriptionist.

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For a discussion of such risks and uncertainties, which
could cause actual results to differ from those contained in the forward-
looking statements, see "Risk Factors" in the Company's Annual Report or Form
10-K for fiscal year ending December 31 , 2002. "A number of specialists associated
with MedNet System already reap the benefits of WHY TYPE 's reliability
and accuracy - they are spending more time with their patients instead
of laboriously typing medical notes.

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For a discussion of such risks and uncertainties, which
could cause actual results to differ from those contained in the forward-
looking statements, see "Risk Factors" in the Company's Annual Report or Form
10-K for fiscal year ending December 31, 2002.J.
On February 28, Barbato will join MedQuist as the company's first senior
vice president of Human Resources.

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Their medical notes
are created instantly and can then be sent to other doctors involved
with the patients care.
With this agreement, AM Technologies, Inc.

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The Speech Recognition System, used by Christopher Reeve, Combines
with Mednet's EMR to Increase Productivity and Eliminate Transcription
Costs in Medical Practices

Mednet System, a leading provider of electronic medical record
(EMR) software, announced today that it has selected AM Technologies'
WHY TYPE(R) Medical System (WTMS) as the speech recognition system to
enable 4MD software for patient notes.

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9% of MedQuist
common stock.
Dr." Dr Gulla
also said, "It integrates very easily with emr4MD.

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MOUNT LAUREL, N.
(Pink Sheets: MEDQ. Mednet System specializes in providing advanced data
warehousing, utilization management, and disease management solutions
by bringing together experience, collaboration and results all in one
place.