Investor Relations

SIRIUS XM Radio to Receive Special Recognition GLAAD Award for 'The Laramie Project, 10 Years Later - The Lasting Legacy of Matthew Shepard'

NEW YORK, Jan 28, 2009 /PRNewswire via COMTEX News Network/ -- Special documentary aired on OutQ(R), the exclusive channel devoted to the GLBT community, set to debut on XM Radio

NEW YORK, Jan. 28 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq: SIRI) announced today that OutQ, the nation's first and only 24/7 radio channel dedicated to the Gay, Lesbian, Bisexual, and Transgender community, was honored with a special recognition award from the Gay & Lesbian Alliance Against Defamation (GLAAD) for The Laramie Project, 10 Years Later - The Lasting Legacy of Matthew Shepard.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080819/NYTU044LOGO)

The two-hour documentary aired originally on October 10th, 2008 to commemorate the 10-year anniversary of Matthew Shepard's death. Conceived and produced by Romaine Patterson, a friend of Matthew Shepard and co-host of the Derek & Romaine show on OutQ, The Laramie Project, 10 Years Later - The Lasting Legacy of Matthew Shepard examines the impact the award-winning play-turned-film The Laramie Project has had on attitudes towards hate crimes with interviews from playwright Moises Kaufman and members of Tectonic Theater Company. The special also features an introduction by legendary journalist and SIRIUS XM host Barbara Walters and is narrated by critically-acclaimed actress Stockard Channing.

The GLAAD Media Awards ceremonies will be held in New York on March 28, 2009 at the Marriott Marquis; in Los Angeles on April 18 at the Nokia Theatre L.A.; and in San Francisco on May 9 at the Hilton San Francisco.

"We are honored to be recognized by GLAAD and want to congratulate everyone involved in this production for their incomparable work," said Scott Greenstein, SIRIUS XM Radio's President and Chief Content Officer. "SIRIUS XM Radio is proud to make unique, in-depth and diverse programming and channels produced by exceptional talents available to all corners of the country."

OutQ, which launched nearly six years ago on SIRIUS and will become available to XM subscribers on XM channel 98 as of Monday February 2nd, has been a trailblazer in GLBT media. The channel, which airs on SIRIUS channel 109, offers exclusive groundbreaking coverage of social and political issues as well as music and entertainment programming, all of which is produced by and for the GLBT community.

OutQ's news division has provided unparalleled coverage of issues ranging from marriage equality to developments in HIV/AIDS to employment non-discrimination issues. Activist, journalist and author Michelangelo Signorile's afternoon show has been on the leading edge of breaking and influencing the news of the day and social reform. In the morning, veteran Billboard editor and pop culture commentator Larry Flick has brought listeners a blend of music and conversation with interviews from iconic performers which have included Madonna, Bette Midler, and Cyndi Lauper. Former The Daily Show with Jon Stewart funnyman Frank DeCaro provides "pop culture hilarity" in middays with interviews with major stars from stage, screen, Broadway, and more. The Derek & Romaine show in the evenings provides a wild, witty blend of free-form chat with celebrities and everyday folks.

The Laramie Project, 10 Years Later - The Lasting Legacy of Matthew Shepard will re-air on OutQ, SIRIUS channel 109 and XM channel 98, on Friday, February 6 at 8PM ET.

For more information on OutQ, please visit www.xmradio.com or www.sirius.com.

About SIRIUS XM Radio

SIRIUS XM Radio is America's satellite radio company delivering everything worth listening to, including 69 commercial-free music channels, premier sports, news, talk, entertainment, traffic and weather, to more than 18.9 million subscribers.

SIRIUS XM Radio has content relationships with an array of personalities and artists, including Howard Stern, Martha Stewart, Oprah Winfrey, Jimmy Buffett, Jamie Foxx, Barbara Walters, Opie & Anthony, The Grateful Dead, Willie Nelson, Bob Dylan, Tom Petty, and Bob Edwards. SIRIUS XM Radio is the leader in sports programming as the Official Satellite Radio Partner of the NFL, Major League Baseball, NASCAR, NBA, NHL, and PGA TOUR, and broadcasts major college sports.

SIRIUS XM Radio has arrangements with every major automaker. SIRIUS XM Radio products are available at shop.sirius.com and shop.xmradio.com, and at retail locations nationwide, including Best Buy, RadioShack, Target, Sam's Club, and Wal-Mart.

SIRIUS XM Radio also offers SIRIUS Backseat TV, the first ever live in-vehicle rear seat entertainment featuring Nickelodeon, Disney Channel and Cartoon Network; XM NavTraffic(R) service for GPS navigation systems delivers real-time traffic information, including accidents and road construction, for more than 80 North American markets.

This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about the benefits of the business combination transaction involving SIRIUS and XM, including potential synergies and cost savings and the timing thereof, future financial and operating results, the combined company's plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," "will," "should," "may," or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of SIRIUS' and XM's management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond the control of SIRIUS and XM. Actual results may differ materially from the results anticipated in these forward-looking statements.

The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statement: general business and economic conditions; the performance of financial markets and interest rates; the failure to realize synergies and cost-savings from the merger or delay in realization thereof; the businesses of SIRIUS and XM may not be combined successfully, or such combination may take longer, be more difficult, time-consuming or costly to accomplish than expected. Additional factors that could cause SIRIUS' and XM's results to differ materially from those described in the forward-looking statements can be found in SIRIUS' and XM's Annual Reports on Form 10-K for the year ended December 31, 2007 and their respective Quarterly Reports on Form 10-Q for the quarter ended September 30, 2008, which are filed with the Securities and Exchange Commission (the "SEC") and available at the SEC's Internet site (http://www.sec.gov). The information set forth herein speaks only as of the date hereof, and SIRIUS and XM disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication.

P-SIRI

    Media Contact:

    Neel Khairzada
    SIRIUS
    212-584-5243
    nkhairzada@siriusradio.com

SOURCE Sirius Satellite Radio

http://www.sirius.com

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