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Monday, 10/21/2002 11:34:18 AM

Monday, October 21, 2002 11:34:18 AM

Post# of 93821
iBiquity's HD Radio(TM) Technology Licensed to Delphi for Automotive Receivers
Monday October 21, 10:20 am ET
Global Leader in Mobile Electronics to Produce HD Radio Receivers for Automakers


DETROIT, Oct. 21 /PRNewswire/ -- Convergence 2002 -- iBiquity announced today that Delphi Corp. (NYSE: DPH - News) has licensed HD Radio(TM) technology from iBiquity Digital Corporation, the sole developer of digital AM and FM broadcast IBOC technology. Delphi will integrate iBiquity's HD Radio technology into receivers slated for availability to automakers in the 2004 calendar year timeframe.
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HD Radio technology, iBiquity's In-Band On-Channel (IBOC) solution, enhances AM and FM broadcasts with digital signals that improve listening quality and allow broadcasters and automotive manufacturers the opportunity to provide value-added services, such as automaker provided information specific to the type of vehicle. Additionally, broadcasters can offer consumers station information, song and artist identification, stock and news reports, local traffic and weather alerts and much more. Broadcasters plan to begin transmission of HD Radio signals starting in the 4th quarter of 2002 in 11 markets (Atlanta, Boston, Chicago, Dallas, Denver, Detroit, Los Angeles, Miami, New York, San Francisco and Seattle).

"Delphi Corporation is a world leader in mobile electronics and transportation components and systems technology and is committed to providing our customers with the latest technological advancements," said Robert Schumacher, business line executive for Wireless Products and Mobile MultiMedia at Delphi Delco Electronics Systems.

iBiquity Digital's HD Radio technology will transform today's radio experience by allowing stations to seamlessly transmit high quality digital audio alongside today's analog-based broadcasts. Additionally, the radio stations will have the ability to deliver wireless data services for a wide variety of consumer applications, including traffic and weather alerts, artist and song information and much more.

"Delphi is a global leader in the automotive industry and we're pleased to have them as a partner in providing HD Radio technology to their customers," said Robert Struble, president and CEO, iBiquity Digital Corporation. "Delphi is continuing their efforts to quickly finalize HD Radio development activities and move forward to deliver many new services to their customers including the elimination of reception issues that plague today's analog broadcasts."

About Delphi Corporation

Multi-national Delphi, with headquarters in Troy, Mich., Paris, Tokyo and Sao Paulo, Brazil, is a world leader in transportation and mobile electronics components and systems technology. The company has approximately 191,000 employees and operates 179 wholly owned manufacturing sites, 42 joint ventures, 53 customer centers and sales offices and 32 technical centers in 41 countries. For more information about Delphi, please visit Delphi's Virtual Press Room, at www.delphi.com/media.

About iBiquity Digital Corporation

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, Lucent, Texas Instruments and Visteon. iBiquity Digital is a privately held company with operations in Columbia, MD, Detroit, MI, Redwood City, CA and Warren, NJ.




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