Delphi Confirms SKYFi Distribution Plans
80,000 'boom box' audio systems set for distribution in first half of 2003 TROY, Mich., Jan. 30 -- The Chairman, CEO and President of Delphi Corp. , J.T. Battenberg III, today stated Delphi plans to ship 80,000 Delphi XM SKYFi(TM) "boom box" Audio System units to retailers during the first half of 2003. This statement confirms information previously disclosed by XM Satellite Radio Corp. regarding 2003 distribution plans. "Distribution of these units in the first six months of 2003 provides further evidence that consumers are excited by this revolutionary product, and will allow retailers to meet increasing demand," Battenberg said. The company was the first to market with a fully portable consumer satellite radio system. In the final three months of 2002, Delphi delivered approximately 100,000 of its Delphi XM SKYFi satellite systems to retailers including Best Buy and Circuit City, making it their top selling retail satellite radio system. Current distribution plans are driven by several recent market trends, such as rising demand for satellite service and strong production forecasts for retail systems like the SKYFi products. The company is also working on developing enhanced Delphi XM SKYFi products as well as other systems to meet future consumer demands for even more capabilities, such as location-based information services and streaming entertainment. For more information about Delphi Corp., please visit the company's media web site at http://www.delphi.com/media .