NEW YORK, Aug. 15 -- SIRIUS (Nasdaq: SIRI), known for delivering the very best in commercial-free music and premium audio entertainment, today announced that the company's broadcast operations were not affected by yesterday's historic blackout due to SIRIUS' advanced broadcast technology. SIRIUS aired special announcements on all 100 news, talk and music streams, alerting listeners to tune to SIRIUS' news streams for immediate information. SIRIUS carried live coverage on the Company's talk and news streams, including live reports from the streets of New York City.
"During the past 24-hours, New York City residents and all of those affected by the blackout have shown courage and patience in coping with this ordeal. SIRIUS listeners were able to follow the events live, as they were happening, providing them with a sense of comfort during times of uncertainty," said Joseph P. Clayton, president and CEO, SIRIUS. "The blackout provided solid proof that our technology is not only prepared for any type of situation, but that we can use it to provide broadcast support to our partners in times of need."
"When the blackout occurred, our back-up generators immediately responded and provided support to our broadcast and studio facilities," said Terry Smith, chief technology officer, SIRIUS. "The SIRIUS subscriber experience was not interrupted at any point during the blackout; in fact, we have heard from many subscribers that SIRIUS was their only source of live information during the crisis."
"During the blackout, SIRIUS subscribers never lost touch with the breaking news and events taking place in the Northeast. We carried more than nine hours of live interviews from New York City's Times Square on SIRIUS OutQ. We also carried live coverage from our news partners including Fox News, CNN, CNBC, ABC, E! Entertainment, BBC and the Associated Press," said Jay Clark, executive vice president programming SIRIUS. "We provided additional broadcast support to a number of our partners and to WNYC (NPR Radio), which was without power at its downtown studio location."
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 and Audi. Automotive brands that have announced plans to offer SIRIUS in select models include Ford, Lincoln, Mercury, Mercedes- Benz, Jaguar, Volvo, Volkswagen, Land Rover and Aston Martin.
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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.