Arbitron Launches Radio Audience Measurement Services in Monterrey; Company Reaffirms Commitment to Serving Latin American Market.Business Editors NEW YORK--(BUSINESS WIRE)--Sept. 26, 2002 Arbitron Inc. (NYSE NYSE See: New York Stock Exchange : ARB) launched its syndicated radio audience measurement services in Monterrey, the company's third radio market in Mexico. In fall 2001, Arbitron began measuring the Mexico City Mexico City Spanish Ciudad de México City (pop., 2000: city, 8,605,239; 2003 metro. area est., 18,660,000), capital of Mexico. Located at an elevation of 7,350 ft (2,240 m), it is officially coterminous with the Federal District, which occupies 571 sq mi market, followed by Guadalajara in July 2002. Arbitron has signed long-term commitments with Grupo Radio Mexico, Grupo Radio Centro and ACIR ACIR Advisory Commission on Intergovernmental Relations (Washington, DC) ACIR Advanced Computational Infrastructure and Research ACIR Adjacent Channel Interference Ratio ACIR Agricultural Coalition for Immigration Reform that include all three markets, Mexico City, Guadalajara and Monterrey. These broadcasters operate seven stations in Monterrey. In addition, several national advertising agencies and media buying service companies currently participating in Arbitron's Mexico ratings services--including Control Media, Media Planning, Starcom and OMD OMD Doctor of Oriental Medicine. OMD, n.pr Doctor of Oriental Medicine. OMD 1. Oculomuscular dystrophy 2. Organic mental disorder Mexico--have extended their contracts to include Monterrey. "Opening Monterrey, our third market in Mexico, demonstrates our continued commitment to the Mexico media marketplace," said Steve Morris Steve 'Slippery' Morris was an Australian rugby League footballer. A halfback, Morris played for the Dapto club. In the 1978 season he gained selection in the New South Wales Country Rugby League side and was then chosen to represent Australia, making Morris the last player , president and chief executive officer, Arbitron Inc. "Our focus is to provide the tools to help the diverse Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. media marketplace to prosper and grow." "We view Mexico as the cornerstone of our Latin American strategy," said Clara Carneiro, vice president, Latin American Marketing, Arbitron Inc. "With our expansion into Monterrey, we will continue to create a new radio audience measurement standard for Latin American broadcasters and agencies." About the Arbitron Monterrey Radio Ratings Service Ratings Service A company, such as Moody's or Standard & Poor's, that rates various debt and preferred stock issues for safety of payment of principal, interest, or dividends. Each quarter, beginning in September 2002, Arbitron will use a Spanish-language version of a standard seven-day radio diary to survey the radio listening behavior and key socio-economic characteristics of approximately 2,200 Monterrey residents, ages 12 and older. Collected diaries will be shipped to Arbitron's Columbia Research and Technology Center for processing and tabulation tab·u·late tr.v. tab·u·lat·ed, tab·u·lat·ing, tab·u·lates 1. To arrange in tabular form; condense and list. 2. To cut or form with a plane surface. adj. Having a plane surface. using the company's existing processing infrastructure, which has been adapted to handle the Mexico diaries. The first syndicated report detailing the size and composition of Monterrey radio listeners will be issued in early February 2003. Arbitron has been successfully using these specially adapted diary method and processing procedures since September 2001 in its Mexico City radio survey. Since February 2002, Arbitron has been delivering monthly reports of the Mexico City audience based on a rolling average of the three most recent months being surveyed. All audience information in Mexico is delivered via software applications only. About Arbitron Arbitron Inc. (NYSE: ARB) is an international media and marketing research firm serving radio broadcasters, cable companies, advertisers, advertising agencies and outdoor advertising companies in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Mexico and Europe. Arbitron's core businesses are measuring network and local market radio audiences across the United States; surveying the retail, media and product patterns of local market consumers; and providing application software used for analyzing media audience and marketing information data. Arbitron Webcast Services measures the audiences of audio and video content on the Internet, commonly known as webcasts. The Company is developing the Portable People Meter The Portable People Meter (sometimes mistakenly "Personal People Meter") or PPM, is a device developed by Arbitron to measure how many people are listening (or at least exposed) to individual radio stations and television stations, including cable TV. , a new technology for radio, TV and cable ratings. Arbitron's marketing and business units are supported by a world-renowned research and technology organization located in Columbia, Maryland. Arbitron has approximately 800 full-time employees; its executive offices are located in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Through its Scarborough Research joint venture with VNU VNU Volontaires des Nations Unies (French) VNU Verenigde Nederlandse Uitgeversbedrijven (Dutch) VNU Virtual Network User Media Measurement & Information, Arbitron also provides media and marketing research services to the broadcast television, magazine, newspaper, outdoor and online industries. All names used are trademarks or registered trademarks of their respective owners. This press release is available on the Arbitron Web site at www.arbitron.com and the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Web site at www.kcsa.com. You may register to receive Arbitron's future press releases or to download a complete Digital Investor Kit(TM) including press releases, regulatory filings and corporate materials by clicking on the "Digital Investor Kit" icon at www.kcsa.com This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The statements regarding Arbitron in this release that are not historical in nature, particularly those that utilize terminology such as "may," "will," "should," "likely," "expects," "anticipates," "estimates," "believes" or "plans," or comparable terminology, are forward-looking statements based on current expectations about future events, which Arbitron has derived from the information currently available to it. These forward-looking statements involve known and unknown risks and uncertainties that may cause our results to be materially different from results implied in such forward-looking statements. These risks and uncertainties include whether we will be able to: - realize the benefits we expect to achieve from our spin-off from Ceridian Corporation; - renew contracts with large customers as they expire; - successfully execute our business strategies, including timely implementation of our Portable People Meter and our Webcast ratings services, as well as expansion of international operations; - effectively manage the impact of further consolidation in the radio industry; and - keep up with rapidly changing technological needs of our customer base, including creating new products and services that meet these needs. Additional important factors known to Arbitron that could cause forward-looking statements to turn out to be incorrect are identified and discussed from time to time in Arbitron's filings with the Securities and Exchange Commission, including in particular the risk factors discussed under the caption "ITEM 1. BUSINESS - Business Risks" in our Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , which discussion is incorporated herein by reference. The forward-looking statements contained in this release speak only as of the date hereof, and Arbitron undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise. |
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