Sirius Chipset Shipped to Radio Manufacturers

Apr 02, 2001, 01:00 ET from Sirius Satellite Radio

    NEW YORK, April 2 /PRNewswire/ -- Sirius Satellite Radio (Nasdaq: SIRI),
 the satellite radio broadcaster, today announced that Agere Systems (formerly
 the Microelectronics Group of Lucent Technologies), has begun shipping to
 radio manufacturers samples of the eight chips developed for Sirius.  This
 chipset enables AM/FM/SAT radios to receive Sirius' broadcasts.  Commercial
 quantities of the qualified chipset are expected to ship in the third quarter.
     (Logo:  http://www.newscom.com/cgi-bin/prnh/19991118/NYTH125 )
     From its three orbiting satellites, Sirius (http://www.siriusradio.com)
 will directly broadcast up to 100 channels of digital-quality radio to
 motorists throughout the continental United States for a monthly subscription
 fee of $9.95.  Sirius will deliver 50 channels of commercial-free music in
 virtually every genre, and up to 50 channels of news, sports, talk, comedy and
 children's programming.  Sirius' broad and deep range of almost every music
 format as well as its news, sports and entertainment programming is not
 available on conventional radio in any market in the United States.
     Sirius has alliances to install three-band (AM/FM/SAT) radios in Ford,
 Chrysler, BMW, Mercedes, Mazda, Jaguar and Volvo vehicles as well as
 Freightliner and Sterling heavy trucks.  Numerous manufacturers will furnish
 radios to automakers, and will also provide adapters to electronics retailers
 that will allow radios in existing vehicles to receive Sirius broadcasts.
      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 Sirius' Annual Report on Form 10-K for the year
 ended December 31, 2000. Among the key factors that have a direct bearing on
 Sirius' results of operations are the unavailability of radios capable of
 receiving Sirius' service and Sirius' dependence upon third parties to
 manufacture and distribute them; the potential risk of delay in implementing
 Sirius' business plan; the unproven market for Sirius' service; and Sirius'
 need for additional financing.
 
 

SOURCE Sirius Satellite Radio
    NEW YORK, April 2 /PRNewswire/ -- Sirius Satellite Radio (Nasdaq: SIRI),
 the satellite radio broadcaster, today announced that Agere Systems (formerly
 the Microelectronics Group of Lucent Technologies), has begun shipping to
 radio manufacturers samples of the eight chips developed for Sirius.  This
 chipset enables AM/FM/SAT radios to receive Sirius' broadcasts.  Commercial
 quantities of the qualified chipset are expected to ship in the third quarter.
     (Logo:  http://www.newscom.com/cgi-bin/prnh/19991118/NYTH125 )
     From its three orbiting satellites, Sirius (http://www.siriusradio.com)
 will directly broadcast up to 100 channels of digital-quality radio to
 motorists throughout the continental United States for a monthly subscription
 fee of $9.95.  Sirius will deliver 50 channels of commercial-free music in
 virtually every genre, and up to 50 channels of news, sports, talk, comedy and
 children's programming.  Sirius' broad and deep range of almost every music
 format as well as its news, sports and entertainment programming is not
 available on conventional radio in any market in the United States.
     Sirius has alliances to install three-band (AM/FM/SAT) radios in Ford,
 Chrysler, BMW, Mercedes, Mazda, Jaguar and Volvo vehicles as well as
 Freightliner and Sterling heavy trucks.  Numerous manufacturers will furnish
 radios to automakers, and will also provide adapters to electronics retailers
 that will allow radios in existing vehicles to receive Sirius broadcasts.
      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 Sirius' Annual Report on Form 10-K for the year
 ended December 31, 2000. Among the key factors that have a direct bearing on
 Sirius' results of operations are the unavailability of radios capable of
 receiving Sirius' service and Sirius' dependence upon third parties to
 manufacture and distribute them; the potential risk of delay in implementing
 Sirius' business plan; the unproven market for Sirius' service; and Sirius'
 need for additional financing.
 
 SOURCE  Sirius Satellite Radio