NEW YORK, NY – April 16, 2003 – SIRIUS (NASDAQ: SIRI), the premier satellite radio broadcaster and only service delivering uncompromised Coast-to-coast music and entertainment for your car and home, today announced that Infiniti is offering new car buyers a SIRIUS system as an option on the all-new 2003 Infiniti FX45 premium crossover SUV, available at Infiniti dealers.
All Infiniti FX45s will be factory pre-wired for SIRIUS, enabling consumers to get a SIRIUS system as either a factory- or dealer-installed option. Infiniti is offering its customers a SIRIUS system and 2 months free SIRIUS service with no activation fee for $400.
Infiniti is expected to expand its programs for SIRIUS this spring to also include the G35 Sport Sedan and Sport Coupe, named Motor Trend 2003 Car of the Year, as well as the I35, M45 sedan, and Q45 performance luxury sedan.
“Infiniti represents exciting performance and luxury, and we’re very happy to be able to offer these discerning customers the incredible programming that is found only on SIRIUS,” said Doug Wilsterman, Senior Vice President, OEM at SIRIUS.
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 $12.95. 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 premier 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, Chrysler, Dodge, Jeep®, Nissan, Infiniti, and Mazda. Automotive brands that have announced plans to start offering SIRIUS in select models include Ford, Lincoln, Mercury, Mercedes-Benz, Jaguar, Volvo, MINI, Audi, 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 need for substantial additional funds before the second quarter of 2004; 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.