PANA-PACIFIC AND SIRIUS INTRODUCE NEW STREAMER PORTABLE SATELLITE RADIO FOR TRUCKERS
Plug and Play Receiver Can Also be Used in Cars, Boats and Homes
Dallas, TX and New York, September 25, 2003 - Pana-Pacific, a division of the The Brix Group, and SIRIUS (NASDAQ: SIRI), known for delivering the very best in commercial-free music and premium audio entertainment to cars and homes across the country, today announced they will introduce STREAMER by Brix, the newest, most advanced portable SIRIUS Satellite Radio system, at this year’s Great American Trucking Show, September 26-28 at The Dallas Convention Center.
STREAMER is the only satellite radio system that was designed, from start to finish, to provide a complete solution for the unique requirements of the commercial truck driver. SIRIUS provides 60 commercial-free music and more than 40 news, sports and entertainment streams of satellite radio coast-to-coast, static-free, and with digital quality. STREAMER connects with existing in-dash radios or home stereo amplifiers to pull in the SIRIUS signal from space.
"The combination of STREAMER and SIRIUS is unbeatable for the professional trucker," said John Trenberth, President of Pana-Pacific. "We are delighted to be partnering with SIRIUS to offer such an exciting product. I believe this product offers many solutions to the commercial vehicle market including the large display and easy to use features that result in greater safety in operation."
“STREAMER is an excellent example of two partners coming together creatively to design an outstanding product for a specialty market,” said Thomas Steckbeck, Vice President, Direct and Special Market Sales, for SIRIUS. “We believe that STREAMER will define the satellite radio concept for professional truckers, and we are thrilled to be working with Pana-Pacific on its introduction.”
Featuring the satellite radio industry’s largest display, STREAMER shows SIRIUS stream name, number, category, artist, song title and time simultaneously. Plus there’s no need for drivers to remove their gloves to operate this radio. STREAMER’S large knob and buttons make operation easy under all conditions. Other unique features include a satellite-updated alarm clock with sleep timer, auto shut down and Song Seek, which alerts users when favorite songs are playing on SIRIUS music streams.
STREAMER moves easily from the truck, home, car or boat with available adapter kits. Drivers will appreciate the Professional Vehicle Kit, featuring a quick release mount and wireless FM-transmitter for easy installation and removal without the need for dashboard surgery.
Beginning next month, Pana-Pacific and SIRIUS will be jointly promoting STREAMER and selling complete systems at introductory prices as low as $109 exclusively through participating OEM truck dealers and truck stops.
Pana-Pacific is based in Fresno, California and is a leading supplier to the OEM commercial and off-road vehicle market.
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.