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• 
  WHAT IS HD RADIO?
• 
  HOW DOES IT WORK?
• 
  MULTICASTING
• 
  THE HD DIGITAL RADIO ALLIANCE
• 
  THE BUZZ ABOUT HD RADIO
• 
  FIND A STATION
• 
  BUY A RADIO
• 
  EXPERIENCE IT
• 
  WWW.HDRADIO.COM

iBiquity Digital Backgrounder

Management Team

President and CEO, Robert J. Struble
Executive Vice President and Chief Operating Officer, Jeffrey P. Jury
Senior Vice President and Chief Financial Officer, James Spencer
Senior Vice President and General Counsel, Albert D. Shuldiner
Senior Vice President, Marketing, Stephen T. Baldacci
Chief Scientist, Dr. Brian W. Kroeger, D.Sc.
Vice President of Engineering, Gene Parella

About iBiquity

iBiquity Digital Corporation is the developer of the HD Radio™ system that is powering the AM/FM digital radio revolution. Over 1,600 HD Radio AM and FM stations are on the air with over 800 HD2/HD3 multicast channels. This transformational technology allows radio stations to broadcast digital audio and data within the existing analog spectrum, providing broadcasters with a platform to deliver:

• HD2/HD3 multicast channels, expanding the diversity of radio content by allowing multiple channels of fresh, free programming to be broadcast over a single FM frequency.
• iTunes® Tagging, a new feature that enables consumers using HD Radio receivers equipped with a special Tag button to download and buy songs they hear on HD Radio stations via iTunes.
• Static-free, crystal-clear reception on both AM and FM: CD-quality sound on FM; FM-stereo quality sound on AM.
• A variety of data services that range from text information to real-time traffic reports, broadcast by local station and displayed on vehicle navigation systems.
• And best of all, there’s no subscription fee. All you need is a new HD Radio receiver.

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. Approved by the U.S. government agency in October 2002, the HD Radio system is protected by more than 100 patents. iBiquity is also pursuing international opportunities. Brazil, Mexico and The Philippines have gained commercial implementation. Testing and demonstrations of the system are also underway in Canada, China, Columbia, Germany, Indonesia, Jamaica, New Zealand, Poland, Switzerland, Thailand, and Ukraine, among other countries around the world.

Company History

iBiquity Digital Corporation is a privately held company with operations in Columbia, Maryland, Auburn Hills, Michigan, and Basking Ridge, New Jersey. The roots of the Company stretch back to 1991 when CBS, Gannett, and Westinghouse formed USA Digital Radio (USADR) to explore opportunities for digital AM and FM broadcasting. Following years of research and testing, USADR developed the In-Band On-Channel (IBOC) method of broadcasting which enables digital signals to travel the airwaves alongside traditional analog signals. IBOC remains the underlying principle behind today’s HD Radio technology.

By 1998, USADR had made such progress with the IBOC technology that it was spun out as a separate company, backed by investment from 13 of the nation’s leading radio broadcasters. iBiquity Digital was subsequently formed in 2000 with the merger of USADR and Lucent Digital Radio. iBiquity’s investors are global leaders in the technology, broadcasting, manufacturing, media and financial industries.

The Receivers: Home/Office & Auto

HD Radio receivers for the home/office and car are now available from a variety of device manufacturers, including, Accurian, Alpine, Audio Design Associates, Audiovox, Cambridge Soundworks, DaySequerra, Denon, DICE Electronics, Directed Electronics, Dual, Eclipse, Insignia, Integra, JBL, Jensen Mobile, Jensen, JVC Mobile, jWIN, Kenwood, Marantz, McIntosh, Metra, Niles, Onkyo, Panasonic, Peripheral Electronics (AAMP), Polk Audio, Radiosophy, Roadmaster, Rotel, Sangean, Sanyo, Sony, Visteon and Yamaha, with more under development.

The Retailers: National & Regional

These products are available at thousands of stores across the country, including:

• National outlets: Apple, Best Buy, BJs, Circuit City, RadioShack, Target and Wal-Mart.
• Regional and local chains: 6th Avenue, ABC Warehouse, Abt Electronics, Bjorn’s, Car Toys, Entertainment Solutions, Flanner’s World Wide Stereo, Huppins, Ken Crane, Listen Up, Myer-Emco, Ovation, Stereo Advantage, Ultimate, and many more.
• Online retailers: Amazon.com and Crutchfield.com.

The Automakers: Factory-Standard, Factory-Install, Dealer-Install

HD Radio technology is being adopted by the automotive industry – and the momentum is accelerating. Currently, HD Radio receivers are factory-installed options on all new BMWs and MINI USAs. HD Radio receivers are a dealer-installed option on all Ford, Lincoln and Mercury vehicles; and, in 2009, the technology will be factory-installed on those vehicles. Volvo has also announced that HD Radio technology will be a factory-installed standard across its product line. Hyundai, Jaguar and Mercedes have also announced that HD Radio receivers will be available in select vehicles. Toyota announced that it will offer HD Radio in their Scion brand as an option in select audio systems in the near future.