XM Satellite Radio Now Standard Equipment in All 2007 Acura Models
Award-winning XM NavTraffic service expands to four Acura models
WASHINGTON, Sept. 13 /PRNewswire-FirstCall/ -- XM Satellite Radio
(Nasdaq: XMSR), the nation's leading provider of satellite radio with more
than 7 million subscribers, today announced that Acura will expand the
availability of factory-installed XM radios throughout its entire 2007
model year line, making XM standard equipment on all Acura models. In
addition, Acura will now offer XM NavTraffic, the nation's first
satellite-based real- time traffic information service, as part of the
AcuraLink(TM) system available for an expanded line of four of its
top-selling models including the 2007 Acura RL and TL luxury performance
sedans as well as the all-new MDX and RDX luxury SUVs.
Acura was the first automotive brand to offer XM NavTraffic when it was
introduced in the 2005 Acura RL. Now available in 44 major markets, award-
winning XM NavTraffic delivers real-time traffic information by satellite
to in-car navigation systems, giving consumers access to relevant traffic
information to help avoid congestion while saving both time and the fuel
often wasted by sitting in traffic.
"We're proud to be Acura's exclusive satellite radio and traffic
service partner," said Steve Cook, executive vice president, Automotive, XM
Satellite Radio. "Acura buyers embrace and expect class-leading, in-car
technology and entertainment, and XM has the best combination of services
to meet their high standards."
"Acura's 2007 model line is designed to deliver a memorable ownership
experience, from contemporary exterior styling and performance to a
technically advanced but user-friendly interior," said John Mendel, senior
vice president of automobile operations for Acura. "Our partnership with XM
Satellite Radio means that every Acura offers buyers a class-leading array
of sophisticated satellite-delivered technologies -- all designed to work
together seamlessly while keeping passengers informed, entertained and in
touch."
With all 2007 Acuras, buyers drive home with a three-month
complimentary subscription to XM Satellite Radio. Three months of XM
NavTraffic service is also included with those vehicles equipped with
compatible navigation systems.
About XM Satellite Radio
XM (Nasdaq: XMSR) is America's number one satellite radio company with
more than 7 million subscribers. Broadcasting live daily from studios in
Washington, DC, New York City, the Country Music Hall of Fame in Nashville,
Toronto and Montreal, XM's 2006 lineup includes more than 170 digital
channels of choice from coast to coast: the most commercial-free music,
premier sports, news, talk radio, comedy, children's and entertainment
programming; and the most advanced traffic and weather information.
XM, the leader in satellite-delivered entertainment and data services
for the automobile market through partnerships with General Motors, Honda,
Toyota, Hyundai, Nissan, Porsche, Suzuki and Subaru, is available in more
than 140 different vehicle models for 2007. XM's industry-leading products
are available at consumer electronics retailers nationwide. For more
information about XM hardware, programming and partnerships, please visit
xmradio.com.
Factors that could cause actual results to differ materially from those
in the forward-looking statements in this press release include demand for
XM Satellite Radio's service, the Company's dependence on technology and
third party vendors, its potential need for additional financing, as well
as other risks described in XM Satellite Radio Holdings Inc.'s Form 10-K
filed with the Securities and Exchange Commission on 3-3-06. Copies of the
filing are available upon request from XM Radio's Investor Relations
Department. |
