MITSUBISHI TO OFFER SIRIUS SATELLITE RADIO AS STANDARD EQUIPMENT ON NEW ECLIPSE SPYDER AND FACTORY
OPTION ON ALL MODELS IN 2007
NEW YORK, NY and CYPRESS, CA, April 5, 2007 -- Mitsubishi Motors North America and SIRIUS Satellite Radio (NASDAQ: SIRI) today announced that Mitsubishi will offer SIRIUS Satellite Radio as a standard feature on the new 2008 model year Eclipse Spyder which will be available for sale starting this April. Mitsubishi will also extend factory availability of SIRIUS to the full lineup of Mitsubishi vehicles in all 2008 models.
SIRIUS Satellite Radio will be standard equipment on the 2008 Eclipse Spyder, and packaged with the premium audio system on the 2008 Galant, Raider, Endeavor, Outlander, Lancer, Eclipse and Lancer Evolution. All SIRIUS-equipped Mitsubishi vehicles include six months of SIRIUS service.
"Mitsubishi is excited to have SIRIUS Satellite Radio on every new Eclipse Spyder and available to the full lineup," said Mike Krebs, Vice President of Product Strategy at Mitsubishi Motors North America. "SIRIUS programming is a perfect compliment to the thrilling design and performance of Mitsubishi vehicles."
"Mitsubishi’s commitment to make SIRIUS available on all models and standard on the Spyder is proof that great vehicles and great programming go together,” said Mel Karmazin, CEO of SIRIUS. “Now even more customers will easily experience The Best Radio on Radio.”
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About SIRIUS
SIRIUS, “The Best Radio on Radio,” delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data. SIRIUS is the Official Satellite Radio Partner of the NFL, NASCAR, NBA and NHL, and broadcasts live play-by-play games of the NFL, NBA and NHL, as well as live NASCAR races. All SIRIUS programming is available for a monthly subscription fee of only $12.95.
SIRIUS Internet Radio (SIR) is a CD-quality, Internet-only version of the SIRIUS radio service, without the use of a radio, for the monthly subscription fee of $12.95. SIR delivers more than 75 channels of talk, entertainment, sports, and 100% commercial free music.
SIRIUS products for the car, truck, home, RV and boat are available in more than 25,000 retail locations, including Best Buy, Circuit City, Crutchfield, Costco, Target, Wal-Mart, Sam's Club, RadioShack and at shop.sirius.com.
SIRIUS radios are offered in vehicles from Audi, Bentley, BMW, Chrysler, Dodge, Ford, Infiniti, Jaguar, Jeep®, Land Rover, Lexus, Lincoln, Mercury, Maybach, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Rolls Royce, Scion, Toyota, Volkswagen, and Volvo. Hertz also offers SIRIUS in its rental cars at major locations around the country.
Click on www.sirius.com to listen to SIRIUS live, or to purchase a SIRIUS radio and subscription.
Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance with respect to SIRIUS Satellite Radio Inc. are not historical facts and may be forward-looking and, accordingly, such statements involve estimates, assumptions and uncertainties which could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2006 filed with the Securities and Exchange Commission. Among the key factors that have a direct bearing on our operational results are: our dependence upon third parties, including manufacturers of SIRIUS radios, retailers, automakers and programming providers, our competitive position and any events which affect the useful life of our satellites.
About Mitsubishi
Mitsubishi Motors North America, Inc., (MMNA) is responsible for all manufacturing, finance, sales, marketing, research and development operations of the Mitsubishi Motors Corporation in the United States. Mitsubishi Motors sells coupes, convertibles, sedans, sport utility vehicles, and light trucks through a network of approximately 520 dealers. For more information, contact the Mitsubishi Motors News Bureau at (888) 560-6672 or visit media.mitsubishicars.com.
OPTION ON ALL MODELS IN 2007
NEW YORK, NY and CYPRESS, CA, April 5, 2007 -- Mitsubishi Motors North America and SIRIUS Satellite Radio (NASDAQ: SIRI) today announced that Mitsubishi will offer SIRIUS Satellite Radio as a standard feature on the new 2008 model year Eclipse Spyder which will be available for sale starting this April. Mitsubishi will also extend factory availability of SIRIUS to the full lineup of Mitsubishi vehicles in all 2008 models.
SIRIUS Satellite Radio will be standard equipment on the 2008 Eclipse Spyder, and packaged with the premium audio system on the 2008 Galant, Raider, Endeavor, Outlander, Lancer, Eclipse and Lancer Evolution. All SIRIUS-equipped Mitsubishi vehicles include six months of SIRIUS service.
"Mitsubishi is excited to have SIRIUS Satellite Radio on every new Eclipse Spyder and available to the full lineup," said Mike Krebs, Vice President of Product Strategy at Mitsubishi Motors North America. "SIRIUS programming is a perfect compliment to the thrilling design and performance of Mitsubishi vehicles."
"Mitsubishi’s commitment to make SIRIUS available on all models and standard on the Spyder is proof that great vehicles and great programming go together,” said Mel Karmazin, CEO of SIRIUS. “Now even more customers will easily experience The Best Radio on Radio.”
# # #
About SIRIUS
SIRIUS, “The Best Radio on Radio,” delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data. SIRIUS is the Official Satellite Radio Partner of the NFL, NASCAR, NBA and NHL, and broadcasts live play-by-play games of the NFL, NBA and NHL, as well as live NASCAR races. All SIRIUS programming is available for a monthly subscription fee of only $12.95.
SIRIUS Internet Radio (SIR) is a CD-quality, Internet-only version of the SIRIUS radio service, without the use of a radio, for the monthly subscription fee of $12.95. SIR delivers more than 75 channels of talk, entertainment, sports, and 100% commercial free music.
SIRIUS products for the car, truck, home, RV and boat are available in more than 25,000 retail locations, including Best Buy, Circuit City, Crutchfield, Costco, Target, Wal-Mart, Sam's Club, RadioShack and at shop.sirius.com.
SIRIUS radios are offered in vehicles from Audi, Bentley, BMW, Chrysler, Dodge, Ford, Infiniti, Jaguar, Jeep®, Land Rover, Lexus, Lincoln, Mercury, Maybach, Mazda, Mercedes-Benz, MINI, Mitsubishi, Nissan, Rolls Royce, Scion, Toyota, Volkswagen, and Volvo. Hertz also offers SIRIUS in its rental cars at major locations around the country.
Click on www.sirius.com to listen to SIRIUS live, or to purchase a SIRIUS radio and subscription.
Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance with respect to SIRIUS Satellite Radio Inc. are not historical facts and may be forward-looking and, accordingly, such statements involve estimates, assumptions and uncertainties which could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2006 filed with the Securities and Exchange Commission. Among the key factors that have a direct bearing on our operational results are: our dependence upon third parties, including manufacturers of SIRIUS radios, retailers, automakers and programming providers, our competitive position and any events which affect the useful life of our satellites.
About Mitsubishi
Mitsubishi Motors North America, Inc., (MMNA) is responsible for all manufacturing, finance, sales, marketing, research and development operations of the Mitsubishi Motors Corporation in the United States. Mitsubishi Motors sells coupes, convertibles, sedans, sport utility vehicles, and light trucks through a network of approximately 520 dealers. For more information, contact the Mitsubishi Motors News Bureau at (888) 560-6672 or visit media.mitsubishicars.com.
