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Tuesday, 04/24/2001 11:55:47 AM

Tuesday, April 24, 2001 11:55:47 AM

Post# of 93819
Harman Consumer Group and iBiquity Digital Plan to Bring AM and FM Digital Radio to the Home Market By 2003


Leading Audio Products Manufacturer and Digital Radio Technology
Developer Agree on License Terms For IBOC Technology

LAS VEGAS, April 24 /PRNewswire Interactive News Release/ -- NAB2001 --
iBiquity Digital Corporation, the leading developer of AM and FM digital
broadcast technology, and the Harman Consumer Group, a leading audio products
manufacturer, announced today at the National Association of Broadcasters
convention in Las Vegas that the two companies have agreed on business terms
to permit Harman to license iBiquity Digital's IBOC (In-Band On-Channel) AM
and FM digital broadcast technology. Harman plans to incorporate iBiquity's
technology into its new line of digital home receivers scheduled for launch
under the Harman Kardon Brand in 2003.

"Since the early '50s, Harman has been both a pioneer and innovator in the
development of quality audio products," said Tom McLoughlin, president, Harman
Kardon. "We plan to once again lead the industry by offering consumers high
quality IBOC technology in our digital receivers with all the exciting new
services that radio broadcasters will provide."
"Harman Kardon is one of the most progressive and technologically
innovative brands in the consumer electronics business," said Robert Struble,
president and CEO, iBiquity Digital Corporation. "We are proud to be working
with them to make digital receivers with IBOC AM and FM digital broadcast
technology available to consumers in the near future."
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 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 Harman Consumer Group (http://www.harman.com )
The Harman Consumer Group (http://www.harman.com ) is a division of Harman
International Industries, Inc. (NYSE: HAR), a leading manufacturer of high-
quality, high-fidelity audio and video products for the consumer and
professional markets. HCG is a leading designer, manufacturer and marketer of
a wide range of high-fidelity loudspeakers, audio, and video components for
use in homes and automobiles. The Group's brands include JBL, Infinity,
Harman Kardon, Mark Levinson, Madrigal Imaging, Revel, Proceed, Audioaccess,
and Lexicon.

About iBiquity Digital
iBiquity Digital (http://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(TM), 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; Allbritton New Media, Inc., Washington, DC; Beasley
Broadcast Group, Inc., Naples, Florida; Bonneville International Corporation,
Salt Lake City; Citadel Communications Corporation, Las Vegas; Clear Channel
Communications, Inc., San Antonio; Cox Radio, Inc., Atlanta; Cumulus Media,
Inc., Milwaukee; DB Capital Partners, New York; Emmis Communications,
Indianapolis; Entercom Communications Corporation, Bala Cynwyd, Pennsylvania;
Flatiron Partners, New York; Gannett Co. Inc., Arlington, Virginia; Granite
Ventures, LLC, San Francisco; Grotech Capital Group, Timonium, Maryland;
Harris Corporation, Melbourne, Florida; Hispanic Broadcasting Corporation,
Dallas; J.P. Morgan Partners, New York; J&W Seligman & Co. Incorporated, New
York; Lucent Technologies, Murray Hill, New Jersey; Pequot Capital, Westport,
Connecticut; Pictet, Geneva, Switzerland; Radio One, Inc., Lanham, Maryland;
Regent Communications, Inc., Covington, Kentucky; Riggs Capital Partners, LLC,
Washington, DC; Saga Communications, Inc., Grosse Pointe, Michigan; TI
Ventures, Dallas; Viacom Inc., New York; Visteon Corporation, Dearborn,
Michigan; Waller-Sutton Media Partners, New York; Whitney & Co., Stamford,
Connecticut; and Williams, Jones & Associates, Inc., New York.


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