Samsung EM Offers 2023 Slave Mode HD Radio Module

Hong Kong Electronics Fair – October 11, 2007 – iBiquity Digital Corporation, the developer of digital HD Radio™ technology, announced today that Samsung EM, a leading Korean consumer electronics manufacturer, is now offering HD Radio Slave Mode Modules that are 2023 compliant. These modules provide a quick path to market for manufacturers of products such as iPod® docks that support iTunes® Tagging for HD Radio technology. The first radios to incorporate the new Samsung EM 2023 module with the iTunes Tagging button are Polk Audio’s I-Sonic® Entertainment System 2 and the JBL iHD. They go on sale in the United States during the holiday shopping season. Samsung EM has two versions of the 2023 module now available to iBiquity licensees: 2023-L (large module) and 2023-S (small module).

“Samsung EM has been a consistent innovator in HD Radio module solutions. This new module represents another important development, enabling a wide range of new HD Radio receiver products. Samsung’s 2023 module enables manufacturers to rapidly bring products to market that require a slave mode module,” said Jeff Jury COO, iBiquity Digital Corporation. “In particular, this module enables iPod docking HD Radio products that have the iTunes Tagging feature, an important and growing category of HD Radio receivers.”

iTunes Tagging enables consumers using HD Radio receivers equipped with a special

Tag button, to “tag” songs that they hear on the FM dial for subsequent purchase on-line through iTunes. Six leading U.S. broadcast groups (CBS RADIO, Clear Channel, Cumulus, Cox, Entercom and Greater Media), which represent thousands of local AM/FM stations, are in the process of installing iTunes Tagging technology at the local station level.

About Samsung Electronics

Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2006 parent company sales of US$63.4 billion and net income of US$8.5 billion. Employing approximately 138,000 people in 124 offices in 56 countries, the company consists of five main business units: Digital Media Business, LCD Business, Semiconductor Business, Telecommunication Network Business and Digital Appliance Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs.

About iBiquity Digital

iBiquity Digital Corporation is the developer of the HD Radio system, which is powering the AM/FM digital radio revolution. This transformational technology allows AM and FM stations to broadcast digital signals in tandem with their analog signals, providing broadcasters with a platform to deliver multiple channels of programming on the same frequency (multicasting); crystal-clear, CD-quality sound; advanced services such as tagging, traffic updates; and text information. More than 1,500 U.S. HD Radio stations are on the air, with nearly half of those offering additional content via multicast channels. HD Radio technology is being or has been tested in many countries throughout the world, including Argentina, Australia, Bosnia, Brazil, Canada, Czech Republic, France, Hong Kong, Indonesia, Mexico, New Zealand, Philippines, Poland, Switzerland, Thailand and Ukraine. For more information, please visit http://www.hdradio.com and http://www.ibiquity.com.

To arrange interviews or for additional information, please contact:

Vicki Stearn Gil Chorbajian

iBiquity Digital Ogilvy Public Relations

443-539-4345 518-355-0966

stearn@ibiquity.com gil.chorbajian@ogilvypr.com

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HD Radio™ and the HD Radio logo are proprietary trademarks of iBiquity Digital Corp.

Apple, the Apple logo, iPod, iTunes, and Mac are trademarks of Apple Inc., registered in the U.S. and other countries. Other product and company names may be trademarks of their respective companies.

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