RadioShack to Offer MovieBeam System; Introductory Rebate Offer Pairs Movies-on-Demand Service With LCD Televisions

Oct 30, 2006, 00:00 ET from RadioShack Corporation

    BURBANK, Calif. and FORT WORTH, Texas, Oct. 30 /PRNewswire-FirstCall/
 -- RadioShack Corporation (NYSE:   RSH) and MovieBeam, Inc. today announced
 an agreement to sell the MovieBeam movies-on-demand system in approximately
 1,700 neighborhood RadioShack stores effective immediately. The rollout
 covers 31 major metropolitan areas across the country in which the
 MovieBeam service is currently offered.
     Making this agreement especially interesting to movie lovers and home
 theater enthusiasts is a special introductory offer -- good through Nov. 5,
 2006 -- for a $50 mail-in rebate with the simultaneous purchase of any
 liquid crystal display (LCD) television and the MovieBeam System at
 participating RadioShack stores.
     The MovieBeam System is composed of a set-top box and small indoor
 antenna that receives, stores, protects and plays movies. A simple remote
 control facilitates navigation of the intuitive user interface. A customer
 does not need cable or satellite to receive the service, although MovieBeam
 is compatible with each. The MovieBeam movies-on-demand service provides
 instant access to an ever-changing lineup of new releases and other popular
 favorites from virtually every major Hollywood studio. There are always 100
 movies immediately available, with up to 10 new titles automatically
 delivered digitally each week -- including select movies in high definition
 (HD). The MovieBeam System sells for $99.99, after which customers pay only
 for the movies they choose to rent ($3.99 for new releases and $1.99 for
 library titles, with a $1 premium for HD movies).
     The MovieBeam service is currently available in 31 metropolitan areas
 across the U.S. reaching more than 41 million households. To determine if
 the service is available in a particular neighborhood, customers should
 visit or call their local RadioShack store or visit .
     About RadioShack Corporation
     Fort Worth, Texas-based RadioShack Corporation is one of the nation's
 most trusted consumer electronics specialty retailers. The company operates
 a network of sales channels, including: more than 6,000 company and dealer
 stores; over 100 RadioShack locations in Mexico and Canada; and nearly 800
 wireless kiosks. RadioShack's knowledgeable and helpful sales associates
 deliver convenient product and service solutions within minutes of where
 Americans either live or work. Visit
 for more information about RadioShack Corporation. To learn more about
 RadioShack products and services or to buy online, visit .
     About MovieBeam, Inc.
     MovieBeam, Inc. is a leader in delivering digital entertainment,
 providing customers a convenient way to rent movies from home. The
 MovieBeam movies-on- demand service provides instant access to an
 ever-changing lineup of new releases and popular favorites from virtually
 every major Hollywood studio, including select movies in HD - always 100 to
 choose from, with up to 10 new movies automatically delivered digitally
 each week using over-the-air datacasting technology. The MovieBeam service
 is available in 31 major metropolitan areas across the U.S., and the
 MovieBeam System is sold by leading consumer electronics retailers and
 e-tailers. MovieBeam, Inc. is a privately held company headquartered in
 Burbank, Calif. Investors include The Walt Disney Company, Cisco Systems,
 Intel Corporation, Mayfield Fund, Norwest Venture Partners and VantagePoint
 Venture Partners. The company has been honored as an "OnHollywood 100"
 winner and is a recipient of the "Red Herring 100 North America" award.
 More information is available at .

SOURCE RadioShack Corporation