Wave Issue 2005 1/31/00 Article 7-04

***Audiovox Joins XM Radio's Team of Radio Manufacturers
(January 6)

XM Satellite Radio has announced that Audiovox Corporation's
Electronics Division will design, manufacture and market XM-Ready
radios for the OEM car stereo market. Audiovox provides mobile
entertainment products for the automotive environment such as
rear seat entertainment. The company joins XM Radio's team of
radio manufacturers, which currently includes Alpine, Clarion,
Delphi Delco, Mitsubishi Electronic Automotive of America,
Motorola, Pioneer and Sharp.

XM also announced a strategic alliance with the National
Association for Stock Car Auto Racing (NASCAR) to create a 24-
hour, seven-day-a-week, all-NASCAR radio channel for XM Radio,
making NASCAR the first sports property to announce a satellite
radio partnership. The agreement also includes a strategic
marketing relationship giving XM Radio a sales/merchandising
presence at each NASCAR event.

In another announcement, XM Satellite Radio has reached a
preliminary agreement which allows Sony Electronics to design,
manufacture and market XM-Ready audio products, including radios
for the portable, home, aftermarket and OEM car stereo markets.