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Harris Corporation to license iBiquity Digital's AM and FM Digital Radio Technology

World's Leading Digital Transmission Equipment Manufacturer Will Produce Products for Radio Stations Using iBiquity's Proprietary IBOC Technology

Las Vegas, NV - NAB 2001, Booth R1975 (April 23, 2001) - iBiquity Digital Corporation, the leading developer of AM and FM digital broadcasting technology, and Harris Corporation, the world's leading manufacturer of digital broadcast transmission equipment, announced today at the National Association of Broadcasters convention in Las Vegas that they have agreed on the terms for Harris Corporation's license of iBiquity Digital's revolutionary In-Band On-Channel (IBOC) digital broadcasting technology. Harris will integrate iBiquity Digital's technology into a new line of IBOC transmitters and exciters, scheduled for launch at NAB 2002. IBOC transmission equipment is needed by AM and FM radio stations to transform themselves from providers of analog audio to providers of high quality digital audio and wireless data services.

"The broadcast industry has been waiting for this announcement," said Robert Struble, President and CEO of iBiquity Digital Corporation. "AM and FM radio stations are aggressively preparing to convert their stations to digital broadcasting, and a license agreement with Harris, the transmission equipment market leader, provides broadcasters assurance that IBOC transmission equipment will soon be available."

"This agreement is the culmination of our ten year effort working with iBiquity Digital," said Dale Mowry, Vice President of Transmission Systems, Broadcast Communications Division, Harris Corporation. "Harris looks forward to quickly introducing IBOC transmitters and exciters, building on our leading position of IBOC compatible transmitters currently in the market."

Today, radio in the United States is broadcast using analog signals. iBiquity Digital's technology uses an IBOC approach to broadcasting, enabling radio broadcasters to transmit a digital signal capable of delivering digital quality audio as well as wireless data for a wide variety of consumer applications, including traffic and weather information. In the future, in-vehicle radios, home audio equipment and potentially a host of consumer electronics devices, such as personal digital assistants and smart phones, will receive wireless data transmitted by digital AM and FM radio stations.

About Harris Corporation
Harris Corporation (NYSE:HRS) is an international communications equipment company focused on providing product, system, and service solutions that take its customers to the next level. The company provides a wide range of products and services for wireless, broadcast, network support, and government markets. Harris has sales and service facilities in more than 90 countries. Additional information is available at www.harris.com.

About iBiquity Digital
iBiquity Digital (www.ibiquity.com) is a leading technology innovator working to develop and commercialize digital radio and audio compression technology solutions. Its AM and FM digital broadcast technology, iDAB™, will transform the terrestrial radio industry from being providers of audio-only analog to being providers of high quality digital audio and wireless data services. PAC™ is a highly customizable audio compression technology currently being incorporated into wireless solutions, such as XM Satellite Radio's service. iBiquity Digital was formed from the merger of Lucent Digital Radio and USA Digital Radio. The company is privately held with operations in Columbia, MD, Warren, NJ, and Detroit MI.

iBiquity Digital's owners serve as a major source of guidance and support. The broad ownership group includes 14 of the nation's largest radio broadcasters, and other prominent technology, media and investment companies: ABC, Inc., New York (NYSE:DIS); Allbritton New Media, Inc., Washington, DC; Beasley Broadcast Group, Inc., Naples, Florida (NASDAQ: BBGI); Bonneville International Corporation, Salt Lake City; Citadel Communications Corporation, Las Vegas (NASDAQ:CITC); Clear Channel Communications, Inc., San Antonio (NYSE:CCU); Cox Radio, Inc., Atlanta (NYSE:CXR); Cumulus Media, Inc., Milwaukee (NASDAQ:CMLS); DB Capital Partners, New York; Emmis Communications, Indianapolis (NASDAQ:EMMS); Entercom Communications Corporation, Bala Cynwyd, Pennsylvania (NYSE:ETM); Flatiron Partners, New York; Gannett Co. Inc., Arlington, Virginia (NYSE:GCI); Granite Ventures, LLC., San Francisco; Grotech Capital Group, Timonium, Maryland; Harris Corporation, Melbourne, Florida (NYSE:HRS); Hispanic Broadcasting Corporation, Dallas (NYSE:HSP); J.P. Morgan Partners, New York, (NYSE:JPM); J&W Seligman & Co. Incorporated, New York; Lucent Technologies, Murray Hill, New Jersey (NYSE:LU); Pequot Capital, Westport, Connecticut; Pictet, Geneva, Switzerland; Radio One, Inc., Lanham, Maryland (NASDAQ:ROIA); Regent Communications, Inc., Covington, Kentucky (NASDAQ:RGCI); Riggs Capital Partners, LLC, Washington, DC; Saga Communications, Inc., Grosse Pointe, Michigan (AMEX: SGA); TI Ventures, Dallas; Viacom Inc., New York (NYSE:VIA); Visteon Corporation, Dearborn, Michigan (NYSE:VC); Waller-Sutton Media Partners, New York; Whitney & Co., Stamford, Connecticut; and Williams, Jones & Associates, Inc., New York.