iBiquity Digital Certifies LG Innotek's

Shenzhen, China – October 8, 2008 –iBiquity Digital Corporation, the developer of digital HD Radio technology for AM and FM audio and data broadcasting, announced today that it has certified LG Innotek’s TMHS-S001T. The HD Radio modules introduced by LG Innotek, characterized by their small footprint, are the first certified HD Radio modules designed with SiPort’s SP1010 single-chip HD Radio receiver. The SiPort SP1010 solution received full HD Radio certification in mid-August 2008.

LG Innotek is releasing a full line of the next generation HD Radio modules that incorporate the SP1010 providing category-leading digital and analog radio performance for the mobile, tabletop and automotive aftermarket segments. The new line of modules will offer variations for home audio video receivers with built-in AM and FM antenna connector, miniaturized modules for delivery of broadcast audio and data services on Personal Navigation Devices (PNDs), automotive navigation systems, Personal Media Players (PMPs) and other consumer electronics platforms.

Jeff Jury, COO of iBiquity, said, “LG Innotek has always been in the forefront of the HD Radio module business. Once again, they have positioned themselves to continue their legacy by broadening their module lineup and bringing to market the next generation of low-cost and low-power solutions.”

Sid Agrawal, CEO of SiPort Inc. said, “The launch of LG Innotek’s extreme performance, ultra low-power HD Radio module solutions for the aftermarket automotive, home and mobile market segments is a landmark event and will accelerate the terrestrial broadcast audio market transition from analog to digital, as well as bring a variety of digital data services to consumer platforms.”

Working closely with SiPort, LG Innotek has integrated an Atmel AM/FM tuner (Model: AT4262) on certain modules. Working with the Atmel tuner with its Superheterodyne architecture, LG Innotek can cater to the aftermarket automotive receiver manufacturers looking for increased sensitivity, adjacent channel selectivity and superior IMD (inter-modulation distortion) performance.

LG Innotek together with SiPort offers a Software Development Kit (SDK) version 3.3 support, which allows existing products in the market to be backwards compatible with iBiquity’s previous SDK version 1.12. This backwards compatibility allows receiver manufacturers to quickly transition to the next-generation low-cost solutions with minimal impact on software development.

LG Innotek will be releasing five next-generation modules based on SiPort’s SP1010 single-chip HD Radio receiver. All modules are currently available as evaluation samples. Mass production is scheduled from mid-October 2008 to January 2009, depending on the particular module.

Below is an overview of the next generation modules, model number and brief description.

TMHS-S001T– this module is compatible with iBiquity’s 2129 I/O Specifications and can be vertically mounted on the main PCB. The module supports the AT4262 Atmel tuner and is intended as a drop-in replacement for previous modules using the 2129 interface. The intended application for this module is aftermarket 1 DIN, 2 DIN, and multimedia in-dash products.

TMHS-S501T – this module is compatible with iBiquity’s 2129 I/O Specifications and can be horizontally mounted on the main PCB. The module supports the AT4262 Atmel tuner and is intended as a drop-in replacement for previous modules using the 2129 interface. The intended application for this module is Aftermarket 1 DIN, 2 DIN, and Multimedia in-dash products.

TMHC-S001T – this module is compatible with iBiquity’s 2023 I/O Specifications and uses a ribbon cable connection to the main PCB. The module has AM/FM antenna connectors. The module supports the AT4262 Atmel tuner and is intended as a drop-in replacement for previous modules in the market using the 2023 interface. The intended application for this module is home AVR Receivers, iPod®/iPhone® docks, and table top radios.

TMHP-S001D – this module is a surface mount FM only solution with analog audio output. The intended application for this module is for Personal Media Players (PMPs) and home products that require an FM only solution.

TMHP-S101D – this module is a surface mount FM only solution intended for data only devices or audio devices that will use an on board digital-to-analog converter (DAC). The intended application for this module is for mobile broadcast data services on Personal Navigation Devices (PNDs) and aftermarket in-dash units.

About iBiquity Digital

iBiquity Digital Corporation is the developer of the digital HD Radio™ system, which is fueling the digital radio revolution in the United States and around the world. Over 1,750 HD Radio AM and FM stations are on the air in the United States, with over 900 new HD2/HD3 multicast channels. The only digital broadcast technology approved by the Federal Communications Commission (FCC) for AM and FM radio in the United States, HD Radio technology allows stations to broadcast digital signals in tandem with their analog signals, providing broadcasters with a platform to offer crystal-clear, CD-quality sound and scrolling text and graphics; as well as multiple channels of programming on the same FM frequency (multicasting) and advanced services such as traffic updates; content…all subscription free.

There are more than 80 HD Radio products for sale at over 14,000 stores and online. HD Radio technology has also made great inroads in the automotive sector with factory-installed options announced by BMW, Ford, Hyundai, Jaguar, Lincoln, Mercedes, MINI, Mercury, Scion, and Volvo. Beyond the U.S., commercial implementation of HD Radio technology is gaining momentum around the world.

iBiquity Digital's investors include 15 of the nation's top radio broadcasters, including ABC, Clear Channel and CBS Radio; leading financial institutions, such as Grotech Capital Group, J.P. Morgan Partners, New Venture Partners, FirstMark Capital and Flatiron Partners; and strategic partners Intel Capital, Ford Motor Company, and Harris. Founded in 2000, iBiquity Digital is a privately held company with operations in Columbia, MD, Detroit, MI, and Basking Ridge, NJ. For more information, please visit http://www.hdradio.com and http://www.ibiquity.com.

About SiPort (www.siport.com):

SiPort is a venture-backed fabless semiconductor company developing mixed signal RF and digital baseband wireless receiver chips supporting multiple Digital Broadcast Standards. SiPort’s innovations in algorithms, architecture, and design are the foundation for breakthrough solutions that enable the delivery of mobile broadcast audio and data services on Personal Navigation Devices (PNDs), automotive navigation systems, Personal Media Players (PMPs) and other consumer electronics platforms.

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To arrange interviews or for additional information, please contact:

Kevin Lee

LG Innotek

+82 2 3777 0335

jhleeaf@lginnotek.com

Sunder Velamuri

SiPort Inc.

408-350-8346 ext. 121

svelamuri@siport.com

Note to editors: “HD Radio™” and the HD Radio logo are proprietary trademarks of iBiquity Digital Corporation. All other trademarks are the property of their respective owners. The “HD” in HD Radio™ is part of iBiquity Digital’s brand name for its advanced digital AM/FM system. It does not mean hybrid digital or high-definition digital; both of these are incorrect.

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