Lucent Digital Radio to Conduct Live Over-the-air Demonstrations of Its Digital Radio System At NAB 2000 With Station KNPR-FM.Business Editors NAB 2000 Booth R357 LAS VEGAS--(BUSINESS WIRE)--April 10, 2000 Lucent Digital Radio, Inc. (LDR See photocell. ) today announced that it is conducting live over-the- air demonstrations of its In-Band On-Channel (IBOC See HD Radio. ) digital audio broadcasting Digital radio. It is the digital successor to analog AM and FM radio. See HD Radio and DAB. system at Las Vegas, Nevada station KNPR-FM, 89.5 during this week's National Association of Broadcasters (NAB) convention. LDR, a venture owned by Lucent Technologies (NYSE NYSE See: New York Stock Exchange : LU) and Pequot Capital Management Inc., will demonstrate its system through prototype receivers in mobile van tests. Listeners will hear CD-like quality FM sound from KNPR, without interference or fading. "We want the broadcast industry to hear the sound of radio's future for themselves at this year's NAB show, and we're pleased to work with a technically-sophisticated station such as KNPR to make these demonstrations possible," said Suren Pai, 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 LDR. "The capabilities of our IBOC system will offer broadcasters, receiver manufacturers, and listeners a range of new opportunities, including datacasting, so that digital radio becomes an ideal delivery mechanism for rich media of all kinds." KNPR-FM is the flagship station of the Nevada Public Radio Nevada Public Radio was founded in 1980 as a public corporation to operate publicly funded radio in Nevada. NPR operates 5 stations in Nevada, 1 station in Utah and 5 retransmitters. Corporation (NPRC NPRC National Personnel Records Center NPRC National Primate Research Center NPRC Needham Pool and Racquet Club (Massachusetts) NpRC Non-Profit Recyclers Council NPRC Northumberland Pistol and Revolver Club (Canada) ), and was Nevada's first NPR NPR In currencies, this is the abbreviation for the Nepal Rupee. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. member station. "The Lucent Digital Radio system demonstrations support our mission to bring our listeners the leading-edge technology first," said Lamar Marchese mar·che·se n. pl. mar·che·si 1. An Italian nobleman ranking above a count and below a prince. 2. Used as the title for such a nobleman. , president and general manager of the Nevada Public Radio Corporation. "The Lucent Digital Radio IBOC technology will deliver to our discerning listeners the best possible audio quality and will extend our station's signal coverage." LDR's In-Band On Channel (IBOC) Digital Audio Broadcast (DAB) system will allow terrestrial radio broadcasters to transmit higher-quality sound over AM and FM and support the introduction of innovative, low-cost data broadcast services. LDR has development agreements with Harman/Kardon and Recoton for IBOC-enabled radios. LDR draws on several patented Bell Labs digital audio and channel coding techniques that provide robust digital signal delivery in broadcasting environments. These technologies include Perceptual Audio Coder Perceptual Audio Coder (PAC) is an algorithm, like MPEG's MP3 standard, used to compress digital audio by removing extraneous information not perceived by most people. (TM) (PAC(TM)), which enables efficient transmission of high-quality audio; Unequal Error Protection, which prioritizes information based on its impact to audio quality; and Multi-Streaming, which provides for a more robust signal in an impaired channel. The Nevada Public Radio Corporation operates a non-commercial, radio broadcast network comprised of three stations, KNPR-FM, Las Vegas (1980), KTPH-FM Tonopah (1988) and KLNR-FM, Panaca (1989), plus ten rural translators. It is overseen by a volunteer Board of Directors, William Noonan, Chairman. The corporation is managed by founder and President/General Manager Lamar Marchese. National Public Radio, a membership organization of 607 public radio stations across America, is radio's leading provider of high-quality news, information and cultural programming. Lucent Digital Radio Inc. is developing IBOC DAB technology for AM and FM broadcasting worldwide. Its IBOC system will be resistant to multipath and other forms of interference that impair current analog transmissions. Information is also available on the Web at www.lucent.com/ldr The Pequot Private Equity Funds is the private placement/direct investment arm of Pequot Capital Management Inc. The Pequot Private Equity Funds invest in public and late-stage private companies in information technology, telecommunications and healthcare. The Pequot Venture Fund invests in seed and early-stage technology companies. Pequot Capital Management Inc. is a research-intensive investment firm with more than US$6 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . Pequot Capital, which is 100 percent employee-owned, is headquartered in Westport, Conn., with offices 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. and California. For more information about Pequot Capital, visit its Web site at www.pequotcap.com Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and delivers the systems, software, silicon and services for next-generation communications networks for service providers and enterprises. Backed by the research and development of Bell Labs, Lucent focuses on high-growth areas such as optical and wireless networks; Internet infrastructure; communications software; communications semiconductors and optoelectronics; Web-based enterprise solutions that link private and public networks; and professional network design and consulting services. For more information on Lucent Technologies, visit its Web site at http://www.lucent.com Note to Editors: Lucent Digital Radio is hosting a media conference call concerning this announcement Monday, April 10 at 11:00 am Eastern Time. In the U.S., the dial-in number is 800-230-1085; outside the U.S., the dial-in number is 612-332-0107. The call will be replayed starting at 12:00 pm EST EST electroshock therapy. EST abbr. electroshock therapy on April 10 and will end on 11:59 pm on April 12. The dial-in number for the replay is 800-475-6701 in the U.S.; outside the U.S., 320-365-3844. The access code for the call is 511200. |
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