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Alpine Electronics, iBiquity Digital Sign Strategic Agreement.


Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--Sept. 20, 2000

iBiquity Digital Corporation, the leading developer of AM and FM radio digital broadcast technology, and Alpine Electronics, one of the world's leading automotive electronics manufacturers, today announced the signing of a Joint Technology and Marketing Development Agreement. Under the terms of the agreement, the companies will further the implementation of iBiquity's AM and FM digital broadcast technology, iDAB, and work together to determine a plan for the integration of iBiquity's technology into Alpine receivers. Alpine manufactures mobile electronics for leading automobile manufacturers and aftermarket retailers.

Today, AM and FM radio in the United States The beginning of regular commercially licensed sound broadcasting in the United States in 1920 ended the print monopoly over the media and opened the doors to the more immediate and pervasive electronic media.  is broadcast using analog signals. iBiquity Digital's technology will enable radio broadcasters to send a digital signal, capable of containing CD-quality audio with crystal clear reception and additional wireless data for a variety of consumer applications such as station and program content, stock and news information, local traffic and weather, and much more.

"Alpine is world renowned for developing innovative and cutting edge automotive entertainment and information systems to meet the demands of today's motorists," said Robert J. Struble, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of iBiquity Digital Corporation. "We are excited to be working with them to develop the hardware that will allow consumers across America to experience the next generation of AM and FM radio with its enhanced sound quality, and entertainment and information on demand capabilities."

"Alpine entered this alliance with iBiquity Digital as part of the groundwork we are laying for our vision of the automotive environment of the 21st century", said Akira Kurihara, Managing Director, Alpine Electronics Engineering & Development. "Digital radio with its CD-quality sound and myriad of data services promises to be a significant enhancement to the integrated systems we are developing for vehicles, which include navigation, telematics, communications and in-vehicle entertainment devices."

About Alpine Electronics

Alpine Electronics (www.alpine1.com) is one of the world's leading mobile electronics system integrators. Alpine is the only manufacturer specializing in mobile multimedia, an integrated system approach incorporating audio, visual, security and navigation products for the mobile environment. With research and development facilities in Asia, Europe and the U.S., Alpine is the global leader for in-vehicle navigation systems in Japan, North America and Europe for the after- market and for OEM factory installations. About iBiquity Digital

iBiquity Digital (www.ibiquity.com) is a leading technology innovator working to develop and commercialize digital radio and audio compression technology solutions. It's AM and FM digital broadcast technology, iDAB, will transform the terrestrial radio industry from being providers of audio-only analog to being providers of high quality digital audio and data services. PAC? is a highly customizable audio compression technology currently being incorporated into wireless solutions, such as XM Satellite Radio's Satellite Digital Audio Radio System (SDARS). iBiquity Digital was formed from the merger of Lucent Digital Radio and USA Digital Radio. The company is privately held with operations in Columbia, MD and Warren, NJ. iBiquity Digital's investor group serves as a major source of guidance and support. The broad investor coalition includes 15 of the nation's largest radio broadcasters, and other prominent technology, media and investment companies: ABC ABC
 in full American Broadcasting Co.

Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928.
, Inc., New York (NYSE NYSE

See: New York Stock Exchange
:DIS); Allbritton New Media, Inc., Washington, DC; AMFM, Inc., Dallas, (NYSE:AFM); Beasley Broadcast Group Beasley Broadcast Group, Inc. NASDAQ: BBGI, based in Naples, Florida, is an owner/operator of radio stations in the United States. As of November, 2006, the company owned 16 AM stations and 26 FM stations. , Inc., Naples, Florida (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: BBGI); Bonneville International Corporation, Salt Lake City; Chase Capital Partners, New York, an affiliate of Chase Manhattan Corporation The Chase Manhattan Corporation was a bank holding company formed as parent of the Chase Manhattan Bank.

During its time as the parent company, it was led in succession by David Rockefeller, Willard C. Butcher, and Thomas G. Labrecque.
 (NYSE:CMB); Citadel Communications Corporation, Las Vegas (NASDAQ:CITC); Clear Channel Communications Not to be confused with clear channel radio stations, which are AM radio stations with certain technical parameters.
Clear Channel Communications (NYSE: CCU) is a media conglomerate company based in the United States.
, Inc., San Antonio (NYSE:CCU); Cox Radio, Inc., Atlanta (NYSE:CXR); Cumulus Media, Inc., Milwaukee (NASDAQ:CMLS); DB Capital Partners, New York; Emmis Communications, Indianapolis (NASDAQ:EMMS); Entercom Communications Corporation, Bala Cynwyd, Pennsylvania Bala Cynwyd is a village in Lower Merion Township which is located in the Main Line in southeastern Pennsylvania, bordering the western edge of Philadelphia. It was originally two separate towns, Bala and Cynwyd, but is commonly treated as a single community.  (NYSE:ETM); Flatiron Partners, New York; Gannett Company, Inc., Arlington, Virginia (NYSE:GCI); Granite Ventures, LLC., San Francisco; Grotech Capital Group, Timonium, Maryland; Harris Corporation, Melbourne, Florida (NYSE: HRS); Hispanic Broadcasting Corporation, Dallas (NYSE:HSP); J&W Seligman & Co. Incorporated, New York; Lucent Technologies, Murray Hill, New Jersey
For other places with the same name, see Murray Hill.
Murray Hill is an unincorporated area within portions of both Berkeley Heights and New Providence, located in Union County in north-central New Jersey.
 (NYSE:LU); Pequot Capital, Westport, Connecticut; Pictet, Geneva Geneva, canton and city, Switzerland
Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva.
, Switzerland; Radio One, Inc., Lanham, Maryland (NASDAQ:ROIA); Regent Communications, Inc., Covington, Kentucky (NASDAQ:RGCI); Riggs Capital Partners, LLC, Washington, DC; Saga Communications, Inc., Grosse Pointe, Michigan This article is about the incorporated city of Grosse Pointe. For the adjacent area, see Grosse Pointe.
Grosse Pointe is a wealthy suburban city bordering Detroit in Wayne County in the U.S. state of Michigan. The population was 5,670 at the 2000 census.
 (AMEX AMEX

See: American Stock Exchange
: SGA); TI Ventures, Dallas; Viacom Inc., New York (NYSE:VIA); Visteon Corporation, Dearborn, Michigan (NYSE:VC); Waller-Sutton Media Partners, New York; Whitney & Co., Stanford, Connecticut; and Williams, Jones & Associates, Inc., New York.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 20, 2000
Words:722
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