National Press Release

iBiquity Highlights Significant HD Radio Progress and Breadth of 2009 Product Offerings for the Budget-Conscious to the Luxury Consumer

More than 30 Brands and Nearly 100 SKUs for Auto and Home Now Available at Retail Prices as Low as $79

LAS VEGAS, Jan. 6 /PRNewswire/ -- International Consumer Electronics Show -- iBiquity Digital Corporation, the developer of digital HD Radio(TM) technology for AM and FM audio and data broadcasting, today highlights significant progress with HD Radio technology and a major increase in breadth and depth of HD Radio receivers that are guaranteed to wow consumers across a wide range of price points for 2009. As a sign of HD Radio technology's rapid progress, the number of available receivers is approaching 100, almost double the SKUs at retail last January. Additionally, eleven automakers have announced their commitment to backing HD Radio technology and more than 1,800 AM and FM stations are broadcasting in digital across the country with over 900 HD2 and HD3 multicast channels on the air.

Leading brands offering a line of HD Radio products include Alpine, iLuv, Jensen Mobile, JVC, Kenwood, Onkyo, Pioneer, Sony, Yamaha and more. These brands are a sampling of what will be on display at the HD Radio Booth, Central Hall 9034.

"Despite the economic downturn, HD Radio technology made significant strides in 2008 with broadcasters, automotive OEMs and receiver manufacturers. With the backing of almost every major electronics manufacturer, HD Radio receivers will be at the forefront of the digital transition in 2009," said Bob Struble, President and CEO of iBiquity Digital Corporation. "This is the era of the complete digital lifestyle: from TVs to mobile hand-held devices to automotive entertainment centers. HD Radio technology is a key component of that digital lifestyle, with the medium's listener base on the rise and now reaching over 235 million Americans weekly. With the breadth of HD Radio products available today, digital radio is ready to take its place as a leader in the digital entertainment and information mix."

What began in 2005 with only one tabletop receiver in the market has changed exponentially in four short years and the picture has dramatically improved. A wide range of receiver manufacturers today offer HD Radio technology and they're expanding their commitment to multiple models across auto and home receivers.

    --  New tabletop receivers are being unveiled by Acoustic Research,
        Gigaware, iLuv and Teac, adding to the expanding list of existing brands
        with tabletop receivers including Coby, jWIN, Polk and Sony, among
        others.
    --  Virtually every major A/V components manufacturer is committed to HD
        Radio technology with Yamaha equipping five out of its nine new
        components offerings with the digital upgrade.
    --  Dual, Jensen Mobile and JVC are expanding on their existing presence
        with new automotive receivers.
    --  iLuv, Coby, Denon, Onkyo/Integra and Yamaha are adding to their home HD
        Radio receiver line.
    --  The majority of Alpine, JVC, Kenwood, Pioneer and Sony receivers are HD
        Radio Ready.

For the complete list of auto and home HD Radio receiver offerings available, please visit http://www.hdradio.com/buyers_guide.php.

About iBiquity Digital

iBiquity Digital Corporation is the developer of the digital HD Radio(TM) system, which is fueling the digital radio revolution in the United States and around the world. HD Radio technology is the only digital broadcast system approved by the Federal Communications Commission (FCC) for AM and FM radio in the United States. With more than 1,800 HD Radio stations on the air in the US plus more than 900 new HD2/3 channels, iBiquity is also pursuing international opportunities. Due in large part to HD Radio technology's ability to deliver digital-quality sound and services while leveraging existing analog spectrum, HD Radio technology is available throughout the U.S. and commercial implementation is gaining momentum in various countries, including Brazil, Mexico and The Philippines. Testing and demonstrations of the system are also underway in Argentina, Australia, Bosnia, Canada, Colombia, Chile, Czech Republic, France, Indonesia, New Zealand, Nigeria, Panama, Poland, Romania, Russia, Switzerland, Ukraine and Vietnam.

iBiquity Digital's investors include 15 of the nation's top radio broadcasters, including ABC, Clear Channel and CBS Radio; leading financial institutions, such as Grotech Capital Group, J.P. Morgan Partners, New Venture Partners, FirstMark Capital; and strategic partners Ford Motor Company, Harris, Texas Instruments and Visteon. Founded in 2000, iBiquity Digital is a privately held company with operations in Columbia, MD, Detroit, MI, and Basking Ridge, NJ. For more information, please visit http://www.hdradio.com and http://www.ibiquity.com.

Note: "HD Radio(TM)" and the HD Radio logo are proprietary trademarks of iBiquity Digital Corporation. All other trademarks are the property of their respective owners. The "HD" in HD Radio(TM) is part of iBiquity Digital's brand name for its advanced digital AM/FM system. It does not mean hybrid digital or high-definition digital; both of these are incorrect.

SOURCE iBiquity Digital Corporation