LAS VEGAS, Jan. 6 /PRNewswire-FirstCall/ -- XM Satellite Radio today unveiled two new universal systems designed to deliver dynamic sound for listening to XM Radio in the home, office and more. Distributed by Audiovox Corporation, the XM Sound System and XM Compact Sound System offer convenience and variety for discovering XM radio's more than 170 channels, including exclusive music, and premier sports, news, talk and entertainment.
The two new sound systems are on display in the Audiovox booth (Central 10506 and Central 11006) this week at The 2008 International Consumer Electronics Show.
Features include: -- The XM Sound System allows XM subscribers to enjoy XM almost anywhere. The system features two woofers, two tweeters, bass boost, and a 10 watts RMS amplifier to produce quality sound. The system also includes an Audio In jack for playing an iPod/MP3 or CD player. A foldable handle, internally stored XM antenna, and more than 18 hours of battery life allow listeners the option to take their XM Radio from the home or office to the patio or picnic table. The XM Sound System (model number XMBB1) will be available for the suggested retail price of $99.99. -- The XM Compact Sound System is a sleek, tabletop unit with an aluminum surface and black grille cloth design that fits smaller spaces like a night table, kitchen counter, or desk. The system features four full-range speakers, a four-channel enhanced digital audio processor, bass boost, and a 16 watts RMS amplifier to deliver dynamic sound. And, like the XM Sound System, it includes an Audio In jack for playing an iPod/MP3 or CD player. The XM Compact Sound System (model number XMAS100) will be available for the suggested retail price of $149.99.
Both systems work with a variety of XM radios, including: RoadyXT, SKYFi3, XpressEZ, Xpress, XpressR and XpressRC, as well as the inno and Helix with an optional adapter (sold separately). The sound systems are the latest additions to an impressive breadth of accessories designed to allow XM subscribers to enhance and extend their listening experience.
These sound systems will be available in retail and at http://www.xmradio.com/ in early 2008.
XM is America's number one satellite radio company with more than 8.5 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City, Chicago, the Country Music Hall of Fame in Nashville, Toronto and Montreal, XM's 2008 lineup includes more than 170 digital channels of choice from coast to coast: 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, Hyundai, Nissan, Porsche, Ferrari, Subaru, Suzuki and Toyota, is available in 140 different vehicle models for 2008. XM's industry-leading products are available at consumer electronics retailers nationwide. For more information about XM hardware, programming and partnerships, please visit http://www.xmradio.com/.
Audiovox (NASDAQ: VOXX) is a recognized leader in the marketing of automotive entertainment, vehicle security and remote start systems, consumer electronics products and accessories. The company is number one in mobile video and places in the top ten of almost every category that it sells. Among the lines marketed by Audiovox are its mobile electronics products including mobile video systems, auto sound systems including satellite radio, vehicle security and remote start systems; consumer electronics products such as portable DVD players, Portable GPS, flat-panel TV's, extended range two-way radios, multi media products like digital picture frames and home and portable stereos as well as consumer accessories such as indoor/outdoor antennas, connectivity products, headphones, speakers, wireless solutions, remote controls, power & surge protectors and media cleaning & storage devices. The company markets its products through an extensive distribution network that includes power retailers, 12-volt specialists, mass merchandisers and an OE sales group. The company markets products under the Audiovox, Jensen, Acoustic Research, Advent, Code Alarm, Terk, and Prestige brands, as well as the recently-acquired rights from Thomson's America's consumer electronics accessory business to the RCA brand for Consumer Electronics accessories. The acquisition also includes the Recoton, Spikemaster, Ambico and Discwasher brands for use on any products and the Jensen, Advent, Acoustic Research and Road Gear brands for accessory products. Audiovox already owns Jensen, Advent, Acoustic Research and Road Gear brands for electronics products as part of prior acquisitions. For additional information, visit our web site at http://www.audiovox.com/.
The XM Sound System has not been authorized as required by the rules of the Federal Communications Commission. This device is not, and may not be, offered for sale or lease until authorization is obtained.
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 3-1-07. Copies of the filing are available upon request from XM Radio's Investor Relations Department. Programming is subject to change.
SOURCE: XM Satellite Radio
CONTACT: Marie Farrar of XM Satellite Radio, +1-202-380-4151,