Sirius XM Holdings Inc (SIRI)

[wagsten]

SIRIUS Launches 'SiriusConnect' Receiver for Satellite Radio

Thursday January 6, 8:03 AM EST

NEW YORK and LAS VEGAS, Jan 06, 2005 /PRNewswire-FirstCall via COMTEX/ -- SIRIUS Satellite Radio (SIRI) today announced at the Consumer Electronics Show the introduction of the SiriusConnect receiver. The new product utilizes SIRIUS' next generation technology to offer a single-piece system that is compatible with SIRIUS-ready headunits from manufacturers such as Alpine, Audiovox, JVC, Kenwood, Eclipse and Pioneer. The SiriusConnect receiver will also interface with XM-ready headunits from Alpine and Pioneer that are up to three years old, making it easier for consumers to choose the content provider that best meets their needs and tastes.

The new system combines a receiver with a translation device all in one unit, which is significantly smaller than current receivers, as well as with those offered by competitive systems. SIRIUS also expects the SiriusConnect to be compatible with additional satellite-ready brands throughout 2005.

"The great advantage of this unit is its ability to interface with multiple in-dash radios that are SIRIUS-ready," said Larry Pesce, Senior Vice President of Product Management and Strategic Planning for SIRIUS. "Plus, the SiriusConnect has a unique pass-through feature that allows other audio components, such as iPods or CD changers, to be connected simultaneously with the SIRIUS receiver. No other satellite radio provider offers this feature."

The SiriusConnect design combines a standard trunk mounted tuner with a translator that is specific to each brand of SIRIUS-ready in-dash radio. This greatly simplifies installation as well as lowering overall production costs.

SiriusConnect will be packaged with an antenna for easy purchase and inventory management and is currently shipping to support Alpine and Pioneer branded head units. Pricing will vary depending on the specific brand interface.

About SIRIUS

SIRIUS delivers more than 120 channels of the best commercial-free music, compelling talk shows, news and information, and the most exciting sports programming to listeners across the country in digital quality sound. SIRIUS offers 65 channels of 100% commercial-free music, and features over 55 channels of sports, news, talk, entertainment, traffic and weather for a monthly subscription fee of only $12.95. SIRIUS also broadcasts live play-by- play games of the NFL and NBA, and is the Official Satellite Radio partner of the NFL.

SIRIUS radios for the car, truck, home, RV and boat are manufactured by Alpine, Audiovox, Blaupunkt, Clarion, Delphi, Jensen, JVC, Kenwood, Sanyo and XACT Communications. Available in more than 25,000 retail locations, SIRIUS radios can be purchased at major retailers including Best Buy, Circuit City, Crutchfield, Office Depot, Sears, Target, Wal-Mart and RadioShack. SIRIUS is also available at heavy truck dealers and truck stops nationwide.

SIRIUS radios are currently offered in vehicles from Audi, BMW, Chrysler, Dodge, Ford, Infiniti, Jeep(R), Lincoln-Mercury, Mazda, Mercedes-Benz, MINI, Nissan, Porsche and Volkswagen. Beginning in February 2005, SIRIUS will also be available in Toyota, Lexus, and Scion vehicles. Hertz currently offers SIRIUS at 53 major locations around the country.

Click on http://www.sirius.com to listen to SIRIUS live, or to find a SIRIUS retailer or car dealer in your area.

Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance with respect to SIRIUS Satellite Radio Inc. are not historical facts and may be forward-looking and, accordingly, such statements involve estimates, assumptions and uncertainties which could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2003 filed with the Securities and Exchange Commission. Among the key factors that have a direct bearing on our results of operations are: our dependence upon third parties to manufacture, distribute, market and sell SIRIUS radios and components for those radios; the unproven market for our service; our competitive position and any events which affect the useful life of our satellites.

SOURCE SIRIUS Satellite Radio

CONTACT: Jim Collins, [phone], cell phone at CES: [phone],
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Zeno Group, [phone], cell phone at CES: [phone],
[e-mail], or Zach Colvin, [phone], cell phone at CES:
[phone], [e-mail], both of Zeno Group