For
Immediate Release
iBiquity Digital and e-Radio
and
Marketing Agreement
e-Radio
LAS VEGAS, NV, International
Consumer Electronics Show - January 5, 2005 -- iBiquity
Digital Corporation, the sole developer of digital HD Radio™ technology, and
e-Radio USA, Inc. (e-Radio USA), a broadcasting application development and
datacasting firm, today announced that they will jointly test and market
e-Radio USA products and services to radio broadcasters, automotive
manufacturers and consumers for the delivery of targeted and personalized data
content.
HD Radio technology is
transforming the radio experience by offering dramatically improved sound quality
on both the AM and FM bands, static-free reception, and wireless data services.
Additionally, HD Radio technology enables broadcasters to simultaneously
transmit audio and digital signals capable of delivering wireless data to
in-vehicle and home receivers for a variety of consumer applications, including
on-demand interactive traffic, news and weather information.
“The unlimited potential of
enhanced data applications and content for broadcasters, automakers and
consumers is one of the factors sparking the accelerated transition to HD Radio
digital broadcasting," said Jeffrey Jury, COO, iBiquity Digital
Corporation. "We are excited to
work with companies such as e-Radio, who are clearly on the forefront of
developing innovative technology and service offerings for distribution via
iBiquity's HD Radio technology.”
"Our partnership with iBiquity will allow e-Radio USA to develop enhanced
data applications and services for use by a wide range of consumers utilizing
HD Radio technology,” said Rick Boland, CEO of e-Radio USA. "With the increased bandwidth capacity
of HD Radio, e-Radio’s future applications will support more robust data
content and more personalized messaging capabilities."
-more-
iBiquity Digital and e-Radio, Page
2
iBiquity
Digital and e-Radio USA recently worked together to demonstrate applications at
Convergence 2004 and will continue to demonstrate applications with an upcoming
focus on the International CES 2005 and NAB 2005 shows in
About
e-Radio
e-Radio
About iBiquity Digital
iBiquity Digital is the sole developer and licenser of
HD Radio™ technology in the U.S., which is transforming today's AM and FM radio
stations to digital, enabling radically upgraded sound, crystal-clear reception
and new wireless data services. The company's investors include 15 of the
nation's top radio broadcasters, including ABC, Clear Channel and Viacom;
leading financial institutions, such as Grotech Capital Group, J.P. Morgan
Partners, New Venture Partners, Pequot Capital and J&W Seligman; and
strategic partners Ford Motor Company, Harris, Texas Instruments and Visteon.
iBiquity, named one of Deloitte’s Fast 500 Companies, is a privately held with
operations in Columbia, MD, Detroit, MI, Belmont, CA and Warren, NJ. For more information please visit: www.ibiquity.com.
###
Contacts:
Vicki Stearn Gil Chorbajian Rick Boland
iBiquity
Digital Ogilvy Public Relations e-Radio
410-872-1565
518-355-0966 650-949-1032
301-233-0200 (mobile)
518-852-9528 (mobile) 408-718-6567
(mobile)
stearn@ibiquity.com
gil.chorbajian@ogilvypr.com rboland@e-radioinc.com