Amsterdam, The Netherlands: – Philips Shavers today signed an agreement to increase their 2007 sponsorship commitment with the WilliamsF1 Team, to include on-car branding. Following a successful trial year in 2006, Philips Shavers has seen a global turnover increase of 15% for its shaving line of business since the sponsorship became active and in 2007 will increase its team sponsorship by over 50% and become an on-car sponsor.