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Nissan North America Selects XM as Factory Install in 2008!

Discussion in 'Mobile Phones / Entertainment' started by Ronald Epstein, Nov 4, 2005.

  1. Ronald Epstein

    Ronald Epstein Administrator

    Jul 3, 1997
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    Ronald Epstein
    Nissan North America Selects XM Satellite Radio as its Factory-Installed Satellite Radio Provider for Infiniti and Nissan Vehicles Beginning With 2008 Model Year
    Wednesday November 2, 7:00 am ET
    More than one million Nissan and Infiniti vehicles with XM are projected to be produced annually by 2010 model year

    GARDENA, Calif., and WASHINGTON, Nov. 2 /PRNewswire-FirstCall/ -- Nissan North America, Inc. and XM Satellite Radio (Nasdaq: XMSR - News) today announced that Nissan North America has selected XM Satellite Radio as its factory-installed satellite radio solution for Infiniti and Nissan vehicles beginning with the 2008 model year.
    (Logo: http://www.newscom.com/cgi-bin/prnh/20000724/XMSATLOGO )

    More than five hundred thousand Nissan and Infiniti vehicles with factory- installed XM Satellite Radio are projected to be produced for the 2008 model year with more than one million projected annually by the 2010 model year.

    In January 2005, Nissan chose XM to be its supplier of satellite-delivered data and telematics services, such as in-vehicle messaging and XM NavTraffic, which delivers current traffic information to vehicle navigation systems. Nissan and XM are now expanding that relationship.

    Nissan currently offers XM Satellite Radio as a feature on a variety of Nissan models including the Nissan Sentra, Altima, Maxima, Quest, 350Z Coupe, Murano, Armada, Pathfinder, Frontier, Xterra, and Titan, as well as the Infiniti FX45, G35, M45, Q45, and QX56.

    "XM Satellite Radio delivers the entertainment and information content that our customers want," said Jack Collins, Vice President of Product Planning at Nissan North America. "We look forward to expanding our relationship with XM as a means to make our products more attractive to our customers."

    "Nissan North America's selection of XM Satellite Radio as its satellite radio provider underscores the commitment of Nissan and XM to provide consumers with the best possible driving experience," said Hugh Panero, President and CEO of XM Satellite Radio.

    About XM Satellite Radio

    XM (Nasdaq: XMSR - News) is America's number one satellite radio service with more than 5 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City and Nashville at the Country Music Hall of Fame, XM's 2005 lineup includes more than 150 digital channels of choice from coast to coast: the most commercial-free music channels, plus premier sports, talk, comedy, children's and entertainment programming; and 21 channels of the most advanced traffic and weather information. XM was named Best Radio Service at the 2004 Billboard Digital Entertainment Awards.

    XM, the leader in satellite-delivered entertainment and data services for the automobile market through partnerships with General Motors, Honda, Toyota, Hyundai, Nissan, Porsche, and Volkswagen/Audi, is available in more than 120 different vehicle models for 2005. XM's industry-leading products are available at consumer electronics retailers nationwide. For more information about XM hardware, programming and partnerships, please visit http://www.xmradio.com.

    About Nissan North America

    In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. More information on Nissan in North America and the complete line of Nissan and Infiniti vehicles can be found online at www.NissanUSA.com and www.infiniti.com.

    Factors that could cause actual results to differ materially from those in the forward-looking statements in this press release include demand for XM Satellite Radio's service, the Company's dependence on technology and third party vendors, its potential need for additional financing, as well as other risks described in XM Satellite Radio Holdings Inc.'s Form 8-K filed with the Securities and Exchange Commission on 8-5-05. Copies of the filing are available upon request from XM Radio's Investor Relations Department.

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