HERTZ TO OFFER SIRIUS SATELLITE RADIO IN MORE LOCATIONS NATIONWIDE
Service Expanded to 29 Vehicle Models at 53 Major Airport Locations
<>NEW YORK - December 2, 2003 - SIRIUS Satellite Radio, (NASDAQ: SIRI), known for delivering the very best in commercial-free music and premium audio entertainment to cars and homes across the country, and Hertz, the worlds largest car rental company, today announced that SIRIUS service is now being offered in 29 vehicle models at 53 Hertz major airport locations nationwide.
Also, Hertz customers can now request SIRIUS through their travel agent by calling the Hertz reservation center (1-800-654-3131), or at rental counters at participating Hertz locations. The additional cost for renting a vehicle equipped with SIRIUS is only $3.00 per day.
The increase in vehicle models and airport locations will enable more Hertz customers to drive a vehicle with SIRIUS, and receive 60 channels of commercial-free music and 40 channels of news, sports and entertainment nationwide.
"Hertz has a history of leading the car rental industry with innovations that improve the rental by making it more productive and enjoyable, and bringing SIRIUS Satellite Radio to Hertz customers this year marked another first in the industry," said Brian Kennedy, Executive Vice President, Marketing and Sales, The Hertz Corporation. "SIRIUS takes the guess work out of finding high quality music, and entertainment, along with the latest in business and national news, and it's a perfect fit with our other service-oriented innovations."
"We at SIRIUS continue to be very excited about the progress of this program," said Doug Wilsterman, Senior Vice President of OEM Automotive. "Hertz vehicles with SIRIUS Satellite Radio have been driven more than two million days so far this year, and with the new changes and additions to the program, we project many more days in 2004."
SIRIUS is the only satellite radio service bringing listeners more than 100 streams of the best music and entertainment coast-to-coast. SIRIUS offers 60 music streams with no commercials, along with over 40 world-class sports, news and entertainment streams for a monthly subscription fee of only $12.95, with greater savings for upfront payments of multiple months or a year or more. Stream Jockeys create and deliver uncompromised music in virtually every genre to our listeners 24 hours a day. Satellite radio products bringing SIRIUS to listeners in the car, truck, home, RV and boat are manufactured by Kenwood, Panasonic, Clarion and Audiovox, and are available at major retailers including Circuit City, Best Buy, Car Toys, Good Guys, Tweeter, Ultimate Electronics, Sears and Crutchfield. SIRIUS is the leading OEM satellite radio provider, with exclusive partnerships with DaimlerChrysler, Ford and BMW. Automotive brands currently offering SIRIUS radios in select new car models include BMW, MINI, Chrysler, Dodge, Jeep®, Nissan, Infiniti, Mazda, Audi, Ford and Lincoln-Mercury. Automotive brands that have announced plans to offer SIRIUS in select models include Mercedes-Benz, Jaguar, Volvo, Volkswagen, Land Rover and Aston Martin. Genmar Holdings, the world's largest manufacturer of recreational boats, Formula Boats and Winnebago, the leading supplier of recreational vehicles and motor homes, also offer SIRIUS.
Click on www.sirius.com to listen to SIRIUS live, or to find a SIRIUS retailer or car dealer in your area.
Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance with respect to SIRIUS Satellite Radio Inc. are not historical facts and may be forward-looking and, accordingly, such statements involve estimates, assumptions and uncertainties which could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2002 filed with the Securities and Exchange Commission. Among the key factors that have a direct bearing on our results of operations are: our dependence upon third parties to manufacture, distribute, market and sell SIRIUS radios and components for those radios; the unproven market for our service; our competitive position and any events which affect the useful life of our satellites.