Hi
@Defender01, as it happens I had a very similar problem to this the other day - I use a modified Philips webcam to use for astrophotography and the drivers are very out of date.
What I had to do was install the driver software as you have done, restart the PC, then go to device manager. From there I found the webcam (marked as an unknown device, from what I remember), then manually installed the driver (it wasn't auto detected, but the driver was available to force use). I don't have a way to replicate testing the steps, but somewhere on the device properties page for your webcam in device manager there is a way to install a driver yourself. Tell it that you want to manually choose one from the drivers available on your PC - you'll then need to find the Philips driver for that model manually on the list.
I'm sorry for the vague details, but I can't replicate the steps on this current PC. Hopefully that will be enough information to help though!