XM SATELLITE RADIO AND NISSAN NORTH AMERICA ANNOUNCE LONG-TERM DATA SERVICES AGREEMENT
Washington D.C., January 31, 2005 -- XM Satellite Radio (NASDAQ: XMSR), 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.
"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.
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