XM Navtraffic Continues Rapid Expansion With Addition Of Nine New Markets
Acura and Infiniti to Introduce New Models With XM NavTraffic in 2006
Washington D.C., January 31, 2006 -- XM Satellite Radio, the nation’s leading satellite radio service with more than 6 million subscribers, today announced that XM NavTraffic, the first nationwide satellite traffic information service for GPS navigation systems, will add nine U.S. metro markets in the first quarter of 2006. This addition brings the total number of markets covered by XM NavTraffic to 31. XM NavTraffic currently delivers real-time traffic information for drivers in 22 markets from New York to Los Angeles. The award-winning technology was also recently selected as a 2005 “Best Consumer Vehicle Application” by the leading telematics industry organization Telematics Update.
During the first quarter, the XM NavTraffic service, powered by NAVTEQ Traffic, will continue its national expansion with debuts in Cincinnati, Cleveland, Denver-Boulder, Milwaukee-Racine, Portland, Providence-Warwick-Pawtucket, Sacramento, San Antonio and Wilmington, DE.
Using XM’s coast-to-coast satellite signal, the XM NavTraffic service continuously delivers traffic data directly to GPS navigation systems. XM NavTraffic data provides an overlay of color-coded traffic flow information on the map of a navigation system, indicating how fast the traffic is currently moving on a driver’s chosen route. Accidents and road construction are identified on the map by icons. XM NavTraffic can show at-a-glance traffic conditions between driver and destination, allowing the driver to route around a jam before getting caught in traffic. The traffic data is aggregated by NAVTEQ Traffic from multiple data sources, including police and emergency services, commercial traffic data providers, road sensors, traffic cameras, eyewitness reports, and real-time aircraft surveillance reports.
XM NavTraffic is a factory-installed feature of all 2006 Acura RL vehicles, and will be available on the all-new 2007 Acura RDX, recently introduced at the North American International Auto Show in Detroit. Acura was the first automaker to introduce XM NavTraffic service in 2004. General Motors offers XM NavTraffic as a feature for all 2006 Cadillac CTS models equipped with on-board navigation systems. This year, Infiniti will become the third nameplate to introduce factory-installed XM NavTraffic.
XM NavTraffic is also available on a growing number of aftermarket navigation systems. Garmin recently introduced the StreetPilot 2730, the first-ever portable navigation device to feature XM NavTraffic as well as XM Weather and XM Satellite Radio. Partners such as Pioneer Electronics and Alpine also offer XM NavTraffic-compatible systems that can fit virtually any vehicle on the road.
“XM’s own engineering team is constantly working with our automotive partners on new ways to improve the consumer driving experience,” said Roderick MacKenzie, XM’s VP of Advanced Applications and Services. “But we are also working on helping solve some of today’s most pressing industry issues. For example, Americans now waste a staggering 2 billion gallons of fuel each year due to traffic congestion -- a statistic that XM NavTraffic aims to help reduce.”
The XM NavTraffic service is offered as a premium data service for $3.99 per month when packaged with XM Satellite Radio’s subscription of $12.95 a month.
In addition to the nine new markets debuting in the first quarter of 2006, XM NavTraffic is currently available in the following 22 markets: Atlanta, Baltimore, Boston, Chicago, Dallas/Ft. Worth, Detroit, Houston, Los Angeles, Miami-Ft. Lauderdale, Minneapolis-St. Paul, New York, Orlando, Philadelphia, Phoenix, Pittsburgh, San Diego, San Francisco/Oakland, San Jose, Seattle, St. Louis, Tampa and Washington DC.
For more details about the XM NavTraffic service please visit http://www.XMNavTraffic.com.
About XM Satellite Radio
XM (Nasdaq: XMSR) is America’s number one satellite radio service with more than six million subscribers. Broadcasting live daily from studios in Washington, DC, New York City and Nashville at the Country Music Hall of Fame, XM offers 160 digital channels of choice from coast to coast: the most commercial-free music channels, premier sports, talk, comedy, children’s and entertainment programming; and the most advanced traffic and weather information.
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 140 different vehicle models for 2006. 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.
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-Q filed with the Securities and Exchange Commission on 11-07-05. Copies of the filing are available upon request from XM Radio’s Investor Relations Department.
NAVTEQ is a leading provider of comprehensive digital map information for automotive navigation systems, mobile navigation devices and Internet-based mapping applications. NAVTEQ creates the digital maps and map content that power navigation and location-based services solutions around the world. The Chicago-based company was founded in 1985 and has approximately 1,500 employees located in over 100 offices in 20 countries.
NAVTEQ is a trademark in the U.S. and other countries.
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 3-4-05. Copies of the filing are available upon request from XM Radio’s Investor Relations Department.
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