HD Radio Receivers to Debut at 2004 International CES

100+ Markets Licensed for iBiquity's HD Radio AM & FM Digital Broadcast Technology

iBiquity Digital Media Advisory HD Radio Consumer Introduction at CES 2004 Wednesday, January 7, 2004 @ 2:00 PM PST

COLUMBIA, Md., Dec. 22 -- It has been called "stunning", "revolutionary" and an "inevitability," and it is now a reality with iBiquity Digital and major industry partners, including Texas Instruments, Phillips, Kenwood, JVC and Panasonic leading the consumer introduction of HD Radio technology during the 2004 International Consumer Electronics Show (CES 2004).

HD Radio AM and FM broadcast technology represents the industry's biggest leap forward since the introduction of FM more than fifty years ago and will usher in radio's digital era with unsurpassed sound quality -- FM delivering CD- level performance and AM matching today's FM stereo -- plus new features, such as integrated wireless data that displays information as text or rich media directly on the faceplate of the radio.

HD Radio's digital technology also paves the way for the introduction of a number of new services designed to transform the radio broadcasting industry for the digital era. These services include interactive features supporting the on-demand delivery of audio and data programming at the press of a button, automated store-and-recall capabilities that bring television's PVR-based functionality to radio, and NPR's Tomorrow Radio project, a Supplemental Audio Programming (SAP) service that will allow network affiliates to simultaneously broadcast two separate programs on the same channel. Unlike HDTV, which requires that broadcasters move to new spectrum space, the FCC-approved HD Radio technology is designed to seamlessly integrate with the existing broadcasting spectrum and infrastructure. Broadcasters simply add new digital transmission equipment, while consumers transition to digital through the use of newly-introduced HD Radio receivers -- similar to the way that black-and- white television gave way to living color.

During CES 2004, leading CE and OEM manufacturers, including Alpine, Delphi, Fujitsu/Eclipse, harman kardon, JVC, Kenwood, Onkyo, Panasonic, Sanyo and Visteon, will be showcasing a variety of HD Radio receivers some of which will be commercially available in 2004. Simultaneously, the very first HD Radio tuner -- a Kenwood KTC-HR100 -- will hit store shelves with stations in 100+ markets covering nearly two-thirds of the U.S. population having already licensed the technology in anticipation of its consumer launch.

  WHAT:     HD Radio Consumer Introduction

  WHEN:     Wednesday, January 7, 2004
            2:00 PM - 3:00 PM PST

  WHERE:    iBiquity Digital
            Exhibit Booth #4619
            Las Vegas Convention Center, North Hall 1-4
            Las Vegas, NV

Who is iBiquity Digital? iBiquity Digital is the sole developer and licenser of HD Radio technology in the U.S., which will transform today's analog radio to digital, enabling radically upgraded sound 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 J.P. Morgan Partners, Pequot Capital and J&W Seligman; and strategic partners Ford Motor Company, Harris, Texas Instruments and Visteon. iBiquity Digital is a privately held company with operations in Columbia, MD, Detroit, MI, Redwood City, CA and Warren, NJ. For more information please visit: www.ibiquity.com.