-

Jump to content



Photo

XM and Nissan announce long-term data service agreement


This topic has been archived. This means that you cannot reply to this topic.
No replies to this topic

#1 of 1 OFFLINE   Ronald Epstein

Ronald Epstein

    Studio Mogul

  • 40,002 posts
  • Join Date: Jul 03 1997

Posted January 31 2005 - 12:36 AM

XM Satellite Radio and Nissan North America Announce Long-Term Data Services Agreement
Monday January 31, 8:02 am ET


WASHINGTON, Jan. 31 /PRNewswire-FirstCall/ -- XM Satellite Radio (Nasdaq: XMSR - News), America's number one satellite radio service with more than 3.2 million subscribers, today announced that Nissan North America, Inc., has chosen XM to supply satellite-delivered data and telematics services, such as in-vehicle messaging and XM NavTraffic, which delivers current traffic information to properly equipped Nissan and Infiniti vehicle navigation systems.
(Logo: http://www.newscom.c...00724/XMSATLOGO )
"Nissan's choice to expand its relationship with XM in this important area of data services and telematics capabilities represents a major milestone for our company," said Hugh Panero, CEO and President of XM Satellite Radio. "XM has dedicated significant resources to the development of XM NavTraffic and other automotive data capabilities over the last two years," Panero said.

Nissan currently offers XM radios as an accessory option on all models of Nissan and Infiniti vehicles (18 models in total), including the Nissan Sentra, Altima, Maxima, Quest, 350Z Coupe, Murano, Armada, Pathfinder, Frontier, Xterra, and Titan, as well as the Infiniti FX35/45, G35 Sedan, G35 Coupe, M45, Q45, and QX56.

About XM Satellite Radio

XM is America's number one satellite radio service with more than 3.2 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 130 digital channels of choice from coast to coast: 68 one-hundred-percent commercial-free music channels, featuring hip hop to opera, classical to country, bluegrass to blues; more than 40 channels of premier sports, talk, comedy, children's and entertainment programming; and 21 channels of the most advanced traffic and weather information for major metropolitan areas nationwide. XM was named Best Radio Service at the 2004 Billboard Digital Entertainment Awards. Popular Science recently chose XM products for two prestigious "Best of What's New 2004" Awards. As the Official Satellite Radio Network for Major League Baseball and the Exclusive Satellite Radio Service for NASCAR, as well as the Official Satellite Radio Service for ACC, PAC-10 and Big-10 collegiate football and basketball, XM Satellite Radio is the industry leader in sports radio programming, offering thousands of live sporting events each year.

XM, the leader in satellite-delivered entertainment and data services for the automobile market through partnerships with General Motors, Honda, Toyota, Nissan and Volkswagen/Audi, is available in more than 120 different vehicle models for 2005. XM also is available in Avis, National, and Alamo rental cars, and it will soon be available on JetBlue and AirTran Airways. Consumers can experience XM over the Internet through XM Radio Online at http://listen.xmradio.com. For more information about XM hardware, programming and partnerships, please visit http://www.xmradio.com.

About Nissan North America, Inc.

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 http://www.NissanUSA.com and http://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 10-K filed with the Securities and Exchange Commission on 3-15-04. Copies of the filing are available upon request from XM Radio's Investor Relations Department.




--------------------------------------------------------------------------------
Source: XM Satellite Radio

Ronald J Epstein
Home Theater Forum co-owner

 

gallery_269895_23_10043.jpg Click Here for the latest/hottest Blu-ray Preorders gallery_269895_23_1316.jpg Click Here for our complete Blu-ray review archive

gallery_269895_23_773.jpg Click Here for our complete 3D Blu-ray review archive gallery_269895_23_992.jpgClick Here for our complete DVD review archive

gallery_269895_23_7246.jpg Click Here for Blu-Ray Preorder Release Schedule gallery_269895_23_3120.jpg Click Here for forum posting rules and regulations