Fujitsu Ten Licenses Digital's HD Radio™ Technology
April 3, 2003
LAS VEGAS, NV - National Association of Broadcasters Show -April 3, 2003 - iBiquity Digital Corporation, the sole developer of HD Radio™ technology, announced today that Fujitsu Ten Limited (TSE:6702) of Japan has licensed HD Radio technology for integration into automotive components. Fujitsu Ten’s aftermarket ECLIPSE brand is one of the top five sellers in the hi-end category of aftermarket automotive receivers.
iBiquity Digital’s HD Radio™ technology transforms today’s radio experience by allowing AM/FM broadcasters to seamlessly transmit digital quality audio as well as integrated wireless data alongside today’s analog-based broadcasts. HD Radio digital receivers, such as those being developed by Fujitsu Ten, will enable consumers to receive digital signals with improved audio fidelity that matches existing CD quality. HD Radio technology will also allow for the development of additional on-demand interactive audio and wireless data services.
“HD Radio technology integrated into Fujitsu Ten receivers will prove to be a powerful combination for supporting the automotive industry’s desire to implement the best electronics available in the market,” said Bob Struble , President and CEO, iBiquity Digital Corporation. “We are pleased to be working with Fujitsu Ten as HD Radio technology continues its growth as the product of choice for next generation digital radio technology.”
Fujitsu Ten is a global supplier company providing a large assortment of technologically advanced vehicle electronic products to OEMs and aftermarket retailers.
About Fujitsu Ten Limited
Fujitsu Ten Limited in Kobe , Japan can be accessed through the World Wide Web at www.fujitsu-ten.co.jp. Fujitsu Ten is a global supplier company providing a large assortment of technologically advanced vehicle electronic products to OEMs and aftermarket retailers. Its renowned manufacturing capability is also applied to its aftermarket audio system branded ECLIPSE. For ECLIPSE products, visit our web site at www.eclipse-web.com.
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 , Texas Instruments and Visteon. iBiquity Digital is a privately held company with operations in Columbia , MD , Detroit , MI , Redwood City , CA and Warren , NJ . For more information please visit: www.ibiquity.com.
