Lotus Cars USA Announces Factory-Installed XM Satellite Radio Availability on 2006 Lotus Elise
LOS ANGELES and WASHINGTON, Jan. 9, 2006 -- Lotus Cars USA announced today that its award-winning 2006 Lotus Elise sports car will feature factory-installed XM Satellite Radio in all models equipped with a new Premium Pack option. The XM Radio-equipped 2006 Lotus Elise, the company's best-selling sports car ever, is currently on display at the Greater Los Angeles Auto Show.
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Audiophiles who specify their 2006 Lotus Elise with the optional Premium Pack ($695) enjoy a factory-installed Alpine AM/FM/XM Single CD Tuner along with additional upgrades designed to enhance the Elise motoring and listening experience even further. And, because the Elise's unique construction allowed engineers to conceal the antenna within the instrument panel, the car's sleek sports car lines are maintained.
"We are delighted that one of the world's legendary sports car brands has selected XM Satellite Radio as their long-term satellite radio partner," said Paul Kirsch, vice president of OEM, XM Satellite Radio. "The Lotus Elise already delivers a category-leading level of personalization and the addition of XM Radio moves the benchmark even higher."
"Every element of the Lotus Elise stays true to our unique philosophy of less weight/more performance," said John English, president of Lotus Cars USA. "The ability to integrate XM Radio's powerful programming in one compact audio unit is yet another way we heed founder Colin Chapman's mantra."
Every 2006 Lotus Elise with the Premium Pack also comes standard with three months of complimentary XM service. XM subscribers pay a monthly fee of $12.95 for XM Satellite Radio's award-winning, around-the-clock programming.
About XM Satellite Radio
XM is America's number one satellite radio service with more than six million subscribers. Broadcasting live daily from studios in Washington, DC, New York City and Nashville at the Country Music Hall of Fame, XM offers 160 digital channels of choice from coast to coast: the most commercial-free music, premier sports, talk, comedy, children's and entertainment programming; and the most advanced traffic and weather information.
XM, the leader in satellite-delivered entertainment and data services for the automobile market through partnerships with General Motors, Honda, Toyota, Hyundai, Nissan, Porsche, and Volkswagen/Audi, is available in more than 130 different vehicle models for 2006. XM's industry-leading products are available at consumer electronics retailers nationwide. For more information about XM hardware, programming and partnerships, please visit http://www.xmradio.com/.
Factors that could cause actual results to differ materially from those in the forward-looking statements in this press release include demand for XM Satellite Radio's service, the Company's dependence on technology and third party vendors, its potential need for additional financing, as well as other risks described in XM Satellite Radio Holdings Inc.'s Form 10-Q filed with the Securities and Exchange Commission on 11-7-05. Copies of the filing are available upon request from XM Radio's Investor Relations Department.
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