"Wine Country Live!" and iBiquity Poised to Integrate HD Radio™ Multimedia Programming into Nationally Syndicated Broadcasts"

Columbia, MD - December 16, 2003 - iBiquity Digital Corporation, the sole developer of HD Radio? technology, announced today that HD Radio has been recognized as an honoree in the Innovations 2004 Design and Engineering Showcase to be held in conjunction with the International Consumer Electronics Show (Jan. 8-11, 2004). The annual Innovations Awards employ a preeminent panel of independent industry designers, engineers and journalists to evaluate the year's most technologically advanced consumer electronics products based on the following weighted criteria: user value, aesthetics, contributions to the quality of life, and innovative design and qualities. HD Radio was honored in the Software/Embedded Technologies category.

iBiquity Digital's HD Radio technology transmits digital audio and data alongside existing AM and FM analog signals, allowing listeners to enjoy CD-quality sound and virtually eliminating the static, hiss, and pops associated with today's radio. The technology also provides a platform for integrated wireless data services that, combined with display screens on HD Radio-enabled receivers, will deliver listeners a variety of additional info rmation such as song titles, artist names, traffic updates, weather forecasts, sports scores, and more. Nearly 300 radio stations in 100 U.S. markets across 37 states have licensed HD Radio technology. HD Radio-enabled receivers will be commercially available following the International CES.

Robert Struble, President and CEO of iBiquity Digital Corporation stated ?HD Radio technology for AM and FM broadcasting will provide consumers the quality, choice, and interactivity that they associate with digital technology, bringing more info rmation than they ever imagined to their fingertips. We are excited to have been named an honoree in this year's Innovations Awards, and look forward to working with our partners on a successful commercial launch of HD Radio products in 2004.?

iBiquity Digital and its partners will officially announce the launch of commercial HD Radio products during a press conference at the International CES to be held on Wednesday, January 7, 2004 at 2:00 p.m. at Booth #4619 in the Las Vegas Convention Center 's North Hall. HD Radio products and demonstrations will be available at the booth through the remainder of the show.

About iBiquity Digital Corp.

iBiquity Digital is the sole developer and licenser of HD Radio technology in the U.S. , which will transform today's analog radio to digital, enabling radically upgraded sound 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 J.P. Morgan Partners, Pequot Capital and J&W Seligman; and strategic partners Ford Motor Company, Harris , Texas Instruments and Visteon. iBiquity Digital is a privately held company with operations in Columbia , MD , Detroit , MI , Redwood City , CA and Warren , NJ . For more info rmation please visit: www.ibiquity.com.

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