Published:
Chrysler LLC and SIRIUS Satellite Radio Extend Exclusive Relationship
NEW YORK, Feb. 13 /PRNewswire-FirstCall/ -- SIRIUS Satellite Radio
(Nasdaq: SIRI) and Chrysler LLC today announced an agreement that extends
SIRIUS' exclusive relationship with Chrysler LLC through September 2017. All
Chrysler LLC brands -- Chrysler, Jeep and Dodge -- are covered by the
agreement.
(Logo: http://www.newscom.com/cgi-bin/prnh/19991118/NYTH125 )
SIRIUS is currently available in most Chrysler, Jeep and Dodge models.
This agreement targets a penetration rate for SIRIUS factory-installed radios
in greater than 70% of vehicles built for the U.S. by Chrysler. Chrysler also
installs SIRIUS Backseat TV(TM) and SIRIUS Traffic in select vehicles.
"SIRIUS is proud to extend our exclusive relationship with Chrysler, Jeep
and Dodge," said Mel Karmazin, CEO of SIRIUS. "Chrysler will be selling
millions of vehicles with SIRIUS and we look forward to a very significant
number of Chrysler customers becoming part of our already very satisfied
SIRIUS family of more than 8.3 million subscribers."
About 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 and NBA, and broadcasts live play-by-play
games of the NFL and NBA, 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 80 channels of talk, entertainment,
sports, and 100% commercial free music.
SIRIUS Backseat TV(TM) is the first ever live in-vehicle rear seat
entertainment featuring three channels of children's TV programming, including
Nickelodeon, Disney Channel and Cartoon Network, for the subscription fee of
$6.99 plus applicable audio subscription fee.
SIRIUS products for the car, truck, home, RV and boat are available in
more than 20,000 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:
Sal Resendez
SIRIUS
646 313 2405
sresendez@siriusradio.com
Patrick Reilly
SIRIUS
212 901 6646
preilly@siriusradio.com
SOURCE SIRIUS Satellite Radio
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