Seasoned Radio Sales Executive Richard Greenhut Joins iBiquity’s Broadcast Business Development Team

Columbia, MD – December 9, 2008 – iBiquity Digital Corporation, the developer of digital HD Radio™ technology for AM and FM audio and data broadcasting, today announced that it has named seasoned broadcast industry sales and marketing executive Richard (Rick) Greenhut Director of U.S. Broadcast Sales.

“Beyond excellent sales skills, Rick brings a solid track record and in depth understanding of the radio industry across the country,” said Scott Stull, Vice President, Broadcast Business Development. In this newly created position, Greenhut will reach out to stations from coast to coast and work with them to upgrade to digital HD Radio technology.

Previously, Greenhut has advised fortune 500 companies in developing business plans and marketing and sales strategies. He has held numerous senior level jobs in the radio industry, including Vice President of New Media at Premier Radio Networks, Vice President of Business Development for Westwood One; Vice President of Customer Marketing for AdValue Media Technology (part of Westinghouse Broadcasting) and Regional Director of Affiliate Relations at the NBC Radio Networks.

About the HD Radio™ System
Over 1,800 HD Radio AM and FM stations are on the air in the United States, plus over 900 new HD2/HD3 multicast channels. Developed by iBiquity Digital Corporation, this technology allows AM and FM stations to broadcast digital signals in tandem with their analog signals, providing broadcasters with a platform to offer crystal-clear, CD-quality sound and scrolling text and graphics; as well as multiple channels of programming on the same FM frequency (multicasting) and advanced services such as traffic updates; content…all subscription free.

There are more than 80 HD Radio products for sale at over 14,000 stores and online. HD Radio technology has also made great inroads in the automotive sector with announcements from 11 auto manufacturers to factory-install HD Radio technology in their vehicles: Audi, BMW, Ford, Hyundai, Jaguar, Lincoln, Mercedes, MINI, Mercury, Scion, and Volvo. Volvo has made HD Radio technology standard on its 2009 cars beginning in March. Beyond the U.S., commercial implementation of HD Radio technology is gaining momentum around the world. For more information, please visit http://www.hdradio.com and http://www.ibiquity.com.

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Please contact:

Vicki Stearn
iBiquity Digital Corp.
443-539-4345
stearn@ibiquity.com

Note to editors: “HD Radio™” 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™ 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.
 

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