Volkswagen to Offer SIRIUS Satellite Radio as Standard Equipment on Key Models
Volkswagen of America, Inc. to offer SIRIUS as standard equipment on the 2008 MY Touareg2, New Beetle, New Beetle Convertible, GTI, and GLI
NEW YORK and AUBURN HILLS, Mich., June 19, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- SIRIUS Satellite Radio (Nasdaq: SIRI) today announced that Volkswagen of America, Inc. will offer SIRIUS as standard equipment in all Touareg2, New Beetle, New Beetle Convertible, GTI, and GLI models beginning with the 2008 model year. SIRIUS will also be available on Jetta, Passat and EOS models.
"The Volkswagen of America, Inc. plan to offer SIRIUS as standard equipment in select models not only proves VW's commitment to the customer, but also shows VW's commitment to technology that enhances driving pleasure and enjoyment in every sense," said Adrian Hallmark, Executive Vice President of Volkswagen of America. "SIRIUS Satellite Radio helps to enhance the driving experience and Volkswagen ownership pride."
"Since the first launch on the New Beetle in 2004, to now making it standard on the New Beetle and other key models, VW has always shown to be a significant partner in the growth of SIRIUS," said Mel Karmazin, CEO of SIRIUS. "Volkswagen of America's decision to move in the direction of standardizing SIRIUS on key models only shows their commitment for expansion and growth of our capabilities."
SIRIUS and Volkswagen of America, Inc. announced in March 2006 that Volkswagen will offer SIRIUS as its sole satellite radio provider for vehicles sold in this country through 2012. Volkswagen has exclusively offered SIRIUS beginning with its 2007 model year vehicles and expects to equip approximately 80% of its vehicles with SIRIUS satellite radio receivers. Volkswagen additionally offers three months of complimentary service on vehicles equipped with SIRIUS.
SIRIUS, "The Best Radio on Radio," delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data. SIRIUS is the Official Satellite Radio Partner of the NFL, NASCAR, NBA and NHL, and broadcasts live play-by- play games of the NFL, NBA and NHL, as well as live NASCAR races. All SIRIUS programming is available for a monthly subscription fee of only $12.95.
SIRIUS Internet Radio (SIR) is a CD-quality, Internet-only version of the SIRIUS radio service, without the use of a radio, for the monthly subscription fee of $12.95. SIR delivers more than 75 channels of talk, entertainment, sports, and 100% commercial free music.
SIRIUS products for the car, truck, home, RV and boat are available in more than 25,000 retail locations, including Best Buy, Circuit City, Crutchfield, Costco, Target, Wal-Mart, Sam's Club, RadioShack and at shop.sirius.com.
SIRIUS radios are offered in vehicles from Audi, Bentley, BMW, Chrysler, Dodge, Ford, Infiniti, Jaguar, Jeep(R), Land Rover, Lexus, Lincoln, Mercury, Maybach, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Rolls Royce, Scion, Toyota, Volkswagen, and Volvo. Hertz also offers SIRIUS in its rental cars at major locations around the country.
Click on www.sirius.com to listen to SIRIUS live, or to purchase a SIRIUS radio and subscription.
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, 2006 filed with the Securities and Exchange Commission. Among the significant factors that could cause our actual results to differ materially from those expressed are: our pending merger with XM Satellite Radio Holdings, Inc. ("XM"), including related uncertainties and risks and the impact on our business if the merger is not completed; any events which affect the useful life of our satellites; our dependence upon third parties, including manufacturers of SIRIUS radios, retailers, automakers and programming providers; and our competitive position versus other audio entertainment providers.
O-SIRI MEDIA CONTACT: Patrick Reilly SIRIUS 212 901 6646 firstname.lastname@example.org Sal Resendez SIRIUS 646 313 2405 email@example.com
SOURCE SIRIUS Satellite Radio
Patrick Reilly, +1-212-901-6646, or firstname.lastname@example.org, or Sal Resendez, +1-646-313-2405, or email@example.com, both of SIRIUS Satellite Radio
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