Kiryung Electronics enters HD Radio Module Business

Hong Kong Electronics Fair – April 13, 2010 – iBiquity Digital Corporation, the developer of digital HD Radio Technology for AM and FM audio and data broadcasting, announced today that Kiryung Electronics, Inc. based out of Seoul, Korea will enter the HD Radio module business supporting Aftermarket Car, Home and Portable Products.

The first commercially available module that is already certified and in production is the KSM-2261SE module. The KSM-2261SE module is the smallest module solution available in the market targeting portable products. The KSM-2261SE module follows the pin out, hardware interface, and physical outline of iBiquity’s 2261 reference design. It is a 6-layer board that includes Samsung Electro-Mechanics’ SEMHDR100A/C200 chipset and all of its external components such as Flash memory, SDRAM, crystal oscillator, and other passive components. It is a complete HD Radio receiver in a small package measuring 19.05 x 31.75 x 2.93 (mm).

“We are pleased to have Kiryung Electronics enter the HD Radio module business with the introduction of the KSM-2261SE module.” said Jeff Jury, Chief Operating Officer of iBiquity Digital. “The 2261 design is the lowest cost solution available that captures all of the capabilities of HD Radio Technology on a small module solution. It allows manufacturers to quickly integrate and build small form factor HD Radio devices such has Portable Players and PND Devices. We look forward to seeing additional module solutions from Kiryung Electronics.”

“Kiryung Electronics is pleased to enter the HD Radio module business with iBiquity Digital Corporation. Our KSM-2261SE module solution is proven in the market in the Best Buy – Insignia (NS-HD01) Portable Player along with the Radio Shack – GigaWare iPod Accessory (12-646).” said Dong-Wely Choi, Chairman & CEO of Kiryung Electronics. “With our 5+ years of experience in HD Radio product development we see this as a new business opportunity to offer other manufactures ease of integration and fast time to market. We will be developing a line of modules catering towards various market needs such as an AVR module.”

About iBiquity Digital Corporation
iBiquity Digital Corporation is the developer of HD Radio™ Technology, which is fueling the digital radio revolution in the United States and around the world. The digital technology enables broadcasters to offer new FM channels, called HD2/HD3s, with crystal-clear sound and data services on both the AM and FM bands – all free, with no subscription fee. Leading broadcasters, consumer electronics manufacturers, automakers and retailers are committed to HD Radio Technology. iBiquity Digital is a privately held company with operations in Columbia, MD, Auburn Hills, MI, and Basking Ridge, NJ. For more information, please visit http://www.hdradio.com and http://www.ibiquity.com.

About Kiryung Electronics, Inc.
Kiryung Electronics Co., Ltd. is a Korea-based company specialized in the provision of digital consumer electronics. The Company mainly produces satellite digital audio radio systems (SDARS), digital multimedia broadcasting (DMB) receivers, global positioning system (GPS) products, navigation systems, Internet protocol (IP) network systems, satellite radio receivers, set-top boxes and HD Radio products. The Company exports its products to China, the United States and Japan.

###

For additional information, please contact:

Scott Cianciulli / Nancy Zakhary
Brainerd Communicators, Inc.
212-986-6667
cianciulli@braincomm.com / nancy@braincomm.com

John Choi, Executive Director
Kiryung Electronics, Inc.
+82 (10) 2049-5382
john@kiryung.co.kr

Note: “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.

###

« View all News Releases