Pioneer and Tao to Offer New XM2go Radios This Spring
LAS VEGAS and WASHINGTON, Jan. 5 /PRNewswire-FirstCall/ -- XM Satellite
Radio (Nasdaq: XMSR), the country's number-one satellite radio service with
more than 3.2 million subscribers, today announced that Pioneer Electronics
and Tao will offer the newest models of the hugely popular XM2go portable
satellite radios.
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XM introduced the world's first personal, hand-held satellite radio in
December 2004 with the Delphi MyFi XM2go radio, which was named one of the
year's best consumer electronics products by USA Today and BusinessWeek
magazine, and proved to be one of the hottest-selling entertainment products
of the 2004 holiday season.
XM is expanding the XM2go product line with new models by Pioneer and Tao,
which will arrive at retail stores in spring 2005. Pioneer is one of the
world's most renowned manufacturers of consumer electronics, and Tao is a
much-anticipated new consumer brand being launched by Giant International.
"The XM2go category has quickly established a new standard for portable
audio, and the addition of Pioneer and Tao to the product lineup will make
XM2go, the newest portable audio format, even more popular in 2005," said
Daniel Murphy, Senior Vice President, Product Marketing and Distribution, XM
Satellite Radio.
Each brand in the XM2go product line-up offers a compact, hand-held XM
receiver with a built-in XM antenna and rechargeable battery, plus a large
number of accessories, including headphones, car cradle, home docking station,
belt clip, remote control, and other components to enjoy XM's 130-plus digital
radio channels on the go, in the car, or at home. The Pioneer and Tao XM2go
radios are each expected to have an MSRP of $349.99.
Each XM2go model has its own unique look and feel. All of the XM2go
brands allow users to enjoy XM Radio's Ultimate PlayList of 80,000 hours of
fresh programming every month in two ways: a "live" listening mode and a time-
shifting "memory" mode. The live mode enables users to listen live to XM's
commercial-free music channels and wide variety of premier news, sports, talk,
entertainment, traffic and weather channels. The time-shifting memory mode --
called "My XM" -- allows users to store five hours or more of XM's outstanding
content with the press of a button, even when the unit is not in use. In
addition to displaying the names of artists and songs played on XM Radio, the
XM2go products display stock quotes and sports scores chosen by the user.
About XM Satellite Radio
XM Satellite Radio (Nasdaq: XMSR) is America's number one satellite radio
service with more than 3.2 million subscribers. Broadcasting live daily from
studios in Washington, DC, New York City and Nashville at the Country Music
Hall of Fame, XM's 2005 lineup includes more than 130 digital channels of
choice from coast to coast: 68 one-hundred-percent commercial-free music
channels, featuring critically-acclaimed original programming, concerts, and
diverse musical genres ranging from hip hop to opera, classical to country,
bluegrass to blues; more than 40 channels of premier sports, talk, comedy,
children's and entertainment programming; and 21 channels of the most advanced
traffic and weather information for major metropolitan areas nationwide. XM
was named Best Radio Service at the 2004 Billboard Digital Entertainment
Awards. Popular Science recently chose XM products for two prestigious "Best
of What's New 2004" Awards. As the Official Satellite Radio Network for Major
League Baseball (MLB) and the Exclusive Satellite Radio Service for NASCAR, as
well as the Official Satellite Radio Service for ACC, PAC-10 and Big-10
collegiate football and basketball, XM Satellite Radio is the industry leader
in sports radio programming, offering thousands of live sporting events each
year.
XM, the leader in satellite-delivered entertainment and data services for
the automobile market through partnerships with General Motors, Honda, Toyota,
Nissan and Volkswagen/Audi, is available in more than 120 different vehicle
models for 2005. XM also is available in Avis, National, and Alamo rental
cars, and will soon be available on JetBlue and AirTran Airways. Consumers
can experience XM over the Internet through XM Radio Online at
http://listen.xmradio.com. 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, XM'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-K filed with the
Securities and Exchange Commission on 3-15-04. Copies of the filing are
available upon request from XM Radio' s Investor Relations Department.
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