News Release from: iBiquity Digital Corp
Edited by the Electronicstalk Editorial Team on 7 January 2005

Riveradio to develop tabletop HD Radio

IBiquity Digital Corp has signed a licensing agreement with Riveradio to develop and market a tabletop HD Radio receiver.

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iBiquity Digital Corp has signed a licensing agreement with Riveradio to develop and market a tabletop HD Radio receiver. The product, which is currently under development, is expected to reach consumers before summer 2005. 'After hearing the sound of AM and FM over the HD Radio system, and seeing the services made possible by digital technology, it doesn't take long to realise that this is the future of radio', commented Richard Skeie, CEO, Riveradio.

'We are excited to be creating a high quality, low cost, transportable HD Radio receiver that will make this technology even more affordable'.

'With more than 2500 stations committed to broadcasting in digital HD Radio, consumers will soon be hearing more about this remarkable technology, resulting in increased demand for HD Radio products', said Robert Struble, President and CEO, iBiquity Digital Corp.

'Riveradio will help meet that demand and ensure consumers have another option to consider when purchasing an HD Radio receiver'.

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