CD Radio CEO David Margolese To Give Interview At Sept. 16 SkyFORUM; DARS Pioneer to Join Line-Up of Top Execs Discussing Satellite Industry's Financial Outlook --.ALEXANDRIA, Va.--(BUSINESS WIRE)--Sept. 8, 1999-- The Satellite Broadcasting and Communications Association (SBCA SBCA Satellite Broadcasting and Communications Association SBCA Small Business Council of America SBCA Small Business Credit and Assistance SBCA South Bay Community Association SBCA Somerset Bridlewood Community Association ) and SkyTRENDS today announced that David Margolese, chairman, 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. and co-founder of CD Radio Inc., will give an on-stage interview as part of the 12th semi-annual SkyFORUM satellite/financial symposium, to be held Thursday, Sept. 16 at the Marriott Marquis 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. . Margolese will be interviewed at 9:20 am by Harry Jessell, editor, Broadcasting and Cable magazine. "David is a true pioneer in satellite-based digital audio radio services (DARS (1) (Digital Audio Radio Service) The FCC nomenclature for digital radio. DARS is the landline version that is implemented with the IBOC technology. Satellite DARS (S-DARS) is the satellite version (XM and Sirius). See DAB and satellite radio. ), having worked since 1990 to make satellite radio a reality," noted SBCA President Chuck Hewitt. "With CD Radio's fourth quarter 2000 service launch drawing near and recently-announced install agreements with Ford Motor Company, David will be able to offer SkyFORUM attendees an inside look at this up-and-coming satellite application." Margolese worked from 1990 to 1997 to convince the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. (FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. ) to license the bandwidth required for satellite-based DARS. In 1997, the FCC granted a license to CD Radio. Under Margolese's leadership, CD Radio has raised $1 billion in financing in advance of its satellite launches and commencement of commercial operations. Prior to his involvement in CD Radio, Margolese co-founded Cantel Inc., Canada's national cellular telephone carrier. He also founded Canadian Telecom, a radio paging company, and served as its president until the company's sale in 1987. CD Radio is building a digital satellite radio See satellite radio. system that will broadcast up to 100 channels of music and other programming to motorists throughout the United States. The company plans to offer 50 channels of commercial-free music and up to 50 channels of news, sports and entertainment programming for a monthly subscription fee of $9.95. CD Radio recently announced an exclusive agreement with Ford Motor Company to install CD Radio receivers in Ford vehicles. Commercial operations are scheduled to commence at the end of the fourth quarter of 2000. CD Radio is publicly traded as CDRD CDRD Centre for Drug Research and Development (Vancouver BC, Canada) CDRD Cutaneous Drug Reaction Database CDRD Contract Data Requirements Document on 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 . The semi-annual SkyFORUM satellite/financial symposium will be held Thursday, Sept. 16 at the Marriott Marquis in New York City. The program runs from 9:00 a.m. until 4:30 p.m. and includes one-on-one interviews with satellite industry executives: Charlie Ergen, chairman and CEO, EchoStar Communications Corp.; Eddy Hartenstein, president, DIRECTV; Mark Pagon, president, chairman and CEO, Pegasus Communications Corp.; Bob Phillips, CEO, National Rural Telecommunications Cooperative (NRTC NRTC National Rural Telecommunications Cooperative NRTC National Road Transport Commission (Australia) NRTC National Respiratory Training Centre (UK) NRTC National Research and Training Center ); and Rodney Weary, president, Golden Sky Systems, Inc.; along with panel discussions focusing on the multiple dwelling unit (MDU) market, finance and interactive services. For more information or to register, please visit www.sbca.com or contact Rachel Zink, SBCA, at 703/549-6990 ext. 363 or rzink@sbca.org. SkyTRENDS is the market research, data collection and reporting program for the home satellite industry. This program is a joint venture between Media Business Corp and the SBCA. SkyFORUM was developed to create a higher awareness of the satellite industry among the financial and investment communities, and the media. The Satellite Broadcasting and Communications Association of America (SBCA) is the national trade organization representing all segments of the home satellite industry. It is committed to expanding the utilization of satellite technology for the broadcast delivery of entertainment, news, information and educational programming. Note to Editors: Media seeking SkyFORUM press credentials should contact Jennifer Buckley at 703/549-6990 ext. 351 or jbuckley@sbca.org. |
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