Wednesday, November 21, 2007

SIRIUS SATELLITE RADIO INTRODUCES THE STILETTO 2




SIRIUS SATELLITE RADIO INTRODUCES THE STILETTO 2,

TAKING PORTABLE AUDIO ENTERTAINMENT TO THE NEXT LEVEL

Portable Stiletto 2 receives live SIRIUS Satellite Radio, SIRIUS Internet Radio and includes capabilities that surpass the leading MP3 players

Enhanced WiFi capability, internal flash memory stores up to 100 hours of live SIRIUS programming, stores and manages MP3/WMA files

Removable flash card allows expanded memory

SIRIUS Satellite Radio today announced the availability of its most advanced live portable radio, Stiletto 2, featuring WiFi, and the ability to store up to 100 hours of live SIRIUS sports, talk and commercial free music programming. Stiletto 2 will be available in fall 2007.

Smaller, lighter weight and stylish, Stiletto 2 features include:

  • Live portable reception of SIRIUS, as well as easy access to stored sports, talk, and commercial free music programming
  • Enhanced WiFi capability, providing faster access to a larger number of networks and support for commercial WiFi hotspots
  • Support for SIRIUS Internet Radio’s premium audio offering.
  • Removable microSD media slot for expanded storage of MP3/WMA files
  • Easy storage and management of MP3/WMA files
  • Bookmark and purchase songs through any compatible online music service

“With Stiletto 2, SIRIUS is making the personal music player better for listeners, raising the bar in the field of audio entertainment,” Mel Karmazin, SIRIUS CEO said. “Stiletto 2 makes it easy to discover new music, and to carry SIRIUS’ virtually unlimited variety of sports, talk, and commercial-free music wherever you go.”

The compact Stiletto 2 is a 4.3 oz portable radio which is capable of receiving live SIRIUS broadcasts via both satellite and WiFi signals. Internal flash memory is used to store SIRIUS content as well as MP3/WMA files for non-live playback. Listeners can easily bookmark songs using Stiletto 2, tagging favorite songs for purchase using any Windows based online music service. Additionally, the Stiletto 2 supports removable microSD flash memory enabling users to expand memory for the storage of their digital music.

Stiletto 2 allows subscribers to store SIRIUS content by:

  • Pressing a single button to store “LOVE” individual songs heard live on any SIRIUS 100% commercial free music channel
  • Setting up scheduled recordings to capture 100 hours of favorite SIRIUS shows or programs
  • Or storing music broadcasts from a subscriber’s favorite music channels to create Radio Replays – virtual channels that are available even when there is no Satellite or WiFi signal available

MP3/WMA files can also be stored on the Stiletto 2 and managed with the My SIRIUS Studio™ software for Windows™ PCs. Stiletto 2 is compatible with most Windows-based internet music providers’ download and subscription services.

The enhanced WiFi capability of the Stiletto 2 permits access to standard SIRIUS Internet Radio (SIR) or, for an additional subscription charge, SIRIUS Internet Radio’s premium audio quality offering. SIR gives subscribers access to over 80 channels of SIRIUS Satellite Radio content on the Internet, including Howard Stern’s two channels, Martha Stewart Living Radio, SIRIUS OutQ, and commercial-free music programming.

SIRIUS also selected Altec Lansing to develop the new AHP202SIR antenna headphone for the Stiletto 2. Featuring large 30mm drivers for full-spectrum acoustics and an adjustable headband for increased wearing comfort, the new Altec Lansing AHP202SIR antenna headphone delivers hours of listening enjoyment.

Measuring 1.9” w x 4.3”l x 0.6” d, weighing 4.3 oz., and with a color 2.2” display, a six-way navigation control that provides easy one handed access to all features and content. Stiletto 2, with a MSRP of $349.99, will include the radio, a single user-replaceable battery operating for 4 hours (live satellite), 10 hours (WiFi), and 20 hours (Non-live), AC power adaptor, Altec Lansing headphone, ear buds, PC cable, My SIRIUS Studio™ software.

SIRIUS introduced its first truly portable satellite radio, Stiletto 100, in September 2006. Stiletto 2, black-on-black with dark chrome styling, is over 25% smaller and lighter with improved battery performance. The new WiFi modual supports both 802.11 b/g networks including username and password access to many commercial network accounts. The microSD memory slot accommodates added memory available in sizes currently ranging up to 2GB.

Other features of the Stiletto 2 include color display, media dial; SIRIUS Replay™, which allows users to pause, rewind and replay 60 minutes of live radio programming; Game Alert™, which allows listeners to track favorite sports team and drive broadcasts and alerts when scores change; Game Zone™, listing all of the users favorite teams in one virtual category; team and league logos on sports ticker. Parents also have control over channels and channel lockout.

A vehicle kit (MSRP $49.99), home kit (MSRP $49.99), executive system (MSRP $149.99), additional batteries and headphones, and other accessories will also be available. The Stiletto 2 incorporates the SIRIUS Universal Connector, which will enable use in a wide variety of audio systems and accessories being developed by partner manufacturers.

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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 and NBA, and broadcasts live play-by-play games of the NFL and NBA, 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 80 channels of talk, entertainment, sports, and 100% commercial free music.

SIRIUS Backseat TV™ is the first ever live in-vehicle rear seat entertainment featuring three channels of children’s TV programming, including Nickelodeon, Disney Channel and Cartoon Network, for the subscription fee of $6.99 plus applicable audio subscription fee.

SIRIUS products for the car, truck, home, RV and boat are available in more than 20,000 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 significant factors that could cause our actual results to differ materially from those expressed are: our pending merger with XM Satellite Radio Holdings, Inc. (“XM”), including related uncertainties and risks and the impact on our business if the merger is not completed; any events which affect the useful life of our satellites; our dependence upon third parties, including manufacturers of SIRIUS radios, retailers, automakers and programming providers; and our competitive position versus other audio entertainment providers.

R-SIRI

MEDIA CONTACT:

Patrick Reilly

SIRIUS

preilly@siriusradio.com

212 901 6646

Sal Reséndez

SIRIUS

sresendez@siriusradio.com

646 313 2405