Sirius and XM Sign Agreements with Porsche Cars North America

    WASHINGTON and NEW YORK, Sept. 6 XM Satellite Radio and Sirius Satellite Radio
today announced distribution agreements with Porsche Cars North America to
offer Porsche customers a choice between the two satellite radio services.
Sirius and XM are each building a satellite radio service, offering up to 100
channels of digital audio entertainment coast to coast for a low monthly fee.
Satellite radio is expected to be offered in 2003 as an option for the Porsche
2004 model year vehicle line.
    
    "It makes a strong statement when Porsche, the company that sets a high
standard in sports car performance, brings satellite radio to its discerning
car owners," Dan Murphy, XM VP of Retail Marketing and OEM, and Doug
Wilsterman, Sirius VP, OEM and Retail Distribution, said in a joint statement.
"We are thrilled to be able to offer Porsche owners the unparalleled quality
programming and sound that only satellite radio will be able to provide."