iBiquity Digital Fact Sheet

iBiquity Digital Corporation is the developer of the HD Radio™ system that is powering the AM/FM digital radio revolution. This transformational technology is enabling AM and FM stations to broadcast digital audio and data within the existing analog spectrum. Today, broadcasters around the world can use the HD Radio platform to deliver:

Multicasting, which dramatically expands the amount and diversity of radio content by allowing multiple channels of programming to be broadcast over a single FM frequency.
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 including text-based information, e.g., artist names and song titles.
iTunes® Tagging, a new feature that enables consumers using HD Radio receivers that have been equipped with a special Tag button, to not only download songs they have known for years, but also sample and download new songs from new artists.

HD Radio broadcasting is available to over 80% of listeners in the United States, who can select from a broad range of HD Radio receivers at mass-merchant stores across the continent.

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 Canada, China, Colombia, Germany, Indonesia, Jamaica, New Zealand, Poland, Switzerland, Thailand and Ukraine, and various other countries around the world.

Company History

The roots of iBiquity Digital 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 a $20 million investment from 15 of the nation’s leading broadcast groups. Two years later, USADR secured $40 million in additional funding from strategic partners and venture capital firms. iBiquity Digital was subsequently formed in 2000 with the merger of USADR and Lucent Digital Radio.

iBiquity Digital is a privately held company with operations in Columbia, Maryland, Detroit, Michigan, and Basking Ridge, New Jersey, as well as a representative in Germany. iBiquity’s investors are global leaders in the technology, broadcasting, manufacturing, media and financial industries.

HD Radio Broadcasting Today

The HD Radio system 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 FCC in October 2002, the HD Radio system is protected by more than 100 patents.

There are 3,000 radio stations across the United States are committed to an HD Radio digital future, with more than 1,600 already on the air and over 700 offering new FM channels (HD2 and
HD3) that are exclusive to HD Radio listeners. Over 50 HD Radio receivers are available today from major brands at national retail outlets.

HD Radio receivers for the home, office and car are now available from a variety of device manufacturers, including, Accurian (RadioShack), Alpine, Audio Design Associates, Audiovox, Cambridge Soundworks, DaySequerra, Denon, DICE Electronics, Directed Electronics, Dual, Eclipse, Insignia (exclusively at Best Buy), Integra, JBL, Jensen Mobile, Jensen (Spectra), JVC Mobile, jWINN, 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.

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

The Automotive Experience: In-Dash Entertainment

HD Radio technology is being adopted by the automotive industry – and the momentum is accelerating.

In January 2008, Ford Motor Co. announced that HD Radio technology will included in Ford, Lincoln and Mercury vehicles. In the mean time, Ford began offering HD Radio receivers as a dealer-installed option on most of its vehicles in the fourth quarter of 2007.
In 2006, BMW was the first automaker to include the technology as a factory-installed option. Now, the German manufacturer provides HD Radio audio systems as a factory-installed option across its entire BMW product line.
Joining its sister BMW brand in 2007, MINI USA became the second automotive brand to offer the technology in its all-new 2007 MINI Cooper and Cooper S hardtops.
Scion and Mercedes have announced that HD Radio technology will be included in its vehicles.
Volvo became the first automaker to announce that it will have HD Radio receivers as standard equipment in most models, with introduction scheduled for Fall 2008.
Jaguar has announced that it will offer the technology in its redesigned 2008 luxury XJ sedan.
Hyundai has announced that it will offer HD Radio receivers in its rear-wheel drive premium sports sedan, Genesis, introduced in 2008.