iBiquity Digital and e-Radio
and Marketing Agreement
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."
iBiquity Digital and e-Radio, Page
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
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.
Vicki Stearn Gil Chorbajian Rick Boland
Digital Ogilvy Public Relations e-Radio
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