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Fujitsu Ten and iBiquity Digital Ink Technology Development and Marketing Deal.


Business Editors/Hi-Tech Writers

Convergence 2000

DETROIT--(BUSINESS WIRE)--Oct. 16, 2000

Agreement Furthers iBiquity Digital's OEM Relationships

and Hastens Advent of AM and FM Digital Radio

iBiquity Digital, the leading provider of digital AM and FM radio broadcast technology in the U.S., and Japan based Fujitsu Ten, a leading automotive receiver manufacturer, today announced they have signed a Joint Technology and Marketing Development Agreement.

Under the terms of their agreement, the companies have agreed to further the implementation of iBiquity Digital's AM and FM digital radio broadcast technology, iDAB(TM), and work together to develop a product marketing and technology development plan for Fujitsu Ten digital radio receivers.

Today, 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 iDAB technology will enable AM and FM broadcasters to transmit a digital signal capable of integrating CD-quality audio with crystal clear reception and wireless data signals.

This integrated audio and data transmission capability will enable a variety of consumer applications, such as station and program content, stock and news information, local traffic and weather, and much more.

"This agreement is a big step in the direction of supplying our iDAB technology to auto manufacturers," 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. "Fujitsu Ten is a leading supplier of mobile automotive radio products and we are very pleased that they have chosen to partner with iBiquity in bringing this next generation of AM and FM radio, with its enhanced sound quality and exciting new technology and applications, to America's driving public.

"iBiquity Digital, with its iDAB broadcasting technology, is a major force in the revolution of in-vehicle entertainment and information services," said Tatuo Ito, Department General Manager, Research & Development Department, Fujitsu Ten. "We are delighted to team with iBiquity Digital in the development of radio receivers for seamless digital broadcasts of high-quality audio entertainment and unprecedented new services."

About Fujitsu Ten

Fujitsu Ten (www.fujitsu-ten.co.jp/english/) is one of Japan's leading automotive components companies. Fujitsu Ten manufactures and sells mainly automobile related equipment, including audio-visual products, car electronic devices, mobile communications radios and intelligent transportation systems. The Fujitsu Ten head office and main plant are located in Kobe with additional plants and sales offices located throughout Japan. The company also has offices in the United States, Europe, Singapore, Philippines, China and Australia.

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(TM), 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(TM) 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, Warren, NJ, and Detroit MI.

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
Date:Oct 16, 2000
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