MONTVALE, N.J. and NEW YORK, Dec 04, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Mercedes-Benz USA and SIRIUS XM Radio (Nasdaq: SIRI) today announced that SIRIUS Traffic is available on all Mercedes-Benz 2010 Model Year vehicles equipped with navigation and SIRIUS satellite radio.
SIRIUS Traffic is expected to be installed in 70% of the Mercedes-Benz Model Year 2010 lineup, and will be standard on the S-Class, CL-Class, CLS-Class and G-Class models.
SIRIUS Traffic comes pre-activated with a six-month trial subscription for Mercedes-Benz customers along with a six-month trial subscription of the "SIRIUS Everything" satellite radio package.
SIRIUS Traffic provides traffic speed and flow information to vehicles over SIRIUS' nationwide satellite radio network. SIRIUS Traffic also provides information on traffic incidents, scheduled road closings and road construction. Since SIRIUS Traffic is integrated with the vehicle's navigation system, the service assists drivers in picking the quickest, safest routes based on real-time traffic conditions.
"SIRIUS Traffic will benefit Mercedes-Benz drivers with traffic information to help them navigate through our country's major roadways," said Sascha Simon, Department Manager, Advanced Product Planning, MBUSA. "We are pleased to add this service to SIRIUS' audio entertainment in Mercedes-Benz vehicles."
"Mercedes-Benz is a renowned brand, famous for its exceptional performance and technology," said Steve Cook, Group Vice President and General Manager, Automotive Division, SIRIUS XM Radio. "SIRIUS XM is thrilled to make the SIRIUS Traffic service available on new 2010 Mercedes-Benz vehicles."
For information on SIRIUS XM Radio and SIRIUS Traffic, please visit www.sirius.com/traffic.
About Mercedes-Benz USA
Mercedes-Benz USA, headquartered in Montvale, New Jersey, is responsible for the sales, marketing and customer service for all Mercedes-Benz and Maybach products in the United States. For more than 40 years, MBUSA has taken pride in its commitment to the customer by providing superior quality luxury vehicles coupled with outstanding customer support. More information on MBUSA and its products can be found at www.mbusa.com and www.maybachusa.com.
About SIRIUS XM Radio
SIRIUS XM Radio is America's satellite radio company delivering to subscribers commercial-free music channels, premier sports, news, talk, entertainment, and traffic and weather.
SIRIUS XM Radio has content relationships with an array of personalities and artists, including Howard Stern, Martha Stewart, Oprah Winfrey, Rosie O'Donnell, Jamie Foxx, Barbara Walters, Opie & Anthony, Bubba the Love Sponge(R), Bob Edwards, Chris "Mad Dog" Russo, Jimmy Buffett, The Grateful Dead, Willie Nelson, Bob Dylan and Tom Petty. SIRIUS XM Radio is the leader in sports programming as the Official Satellite Radio Partner of the NFL, Major League Baseball(R), NASCAR(R), NBA, NHL(R), and PGA TOUR(R) and 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, Wal-Mart and independent retailers.
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 "will likely result," " are expected to," "anticipate," "believe," "plan," "estimate," "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: our substantial indebtedness; 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; the useful life of our satellites; our dependence upon automakers and other third parties; our competitive position versus other forms of audio and video entertainment; and general economic conditions. 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' Annual Report on Form 10-K for the year ended December 31, 2008 and XM's Annual Report on Form 10-K for the year ended December 31, 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.
Contact for Mercedes-Benz USA: Nicole Weiss firstname.lastname@example.org +1-201-573-2799 Contact for SIRIUS XM Radio: Sal Resendez SIRIUS XM Radio email@example.com +1-646-313-2405
SOURCE SIRIUS XM Radio
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