iBiquity Releases HD Radio™ Reference Design

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 is offering its licensed HD Radio developers a reference platform for low-cost, low-power, battery-powered portable HD Radio products. Available for demonstration for the first time at the Hong Kong Electronics Show, the developers’ package includes schematics, bill-of-material, layout and software.

“We are very excited about this release. The market has been demanding portable HD Radio products, and our partners are anxious to begin development,” said Jeff Jury, COO, iBiquity Digital. “This reference design enables a very important segment for HD Radio technology’s offerings. Now, all existing radio categories from high-end home component systems to table top radios, from OEM automotive to aftermarket radios, and now, personal portable products have a standard reference design to enable quicker time to market development.”

The reference platform is based on Samsung EM’s Core-CR module measuring 20.0 x 13.0 x 2.3mm. The Core-CR module is a surface-mount device (SMD) package, which consists of a Dual Chip Solution (RF-IF Peripheral and Baseband), Dedicated Memory SDRAM (64Mbit), and Flash memory (8Mbit). The Samsung Core-CR Module has a total power consumption of 210mW and allows for 15 hours of continuous operation of the portable solution.

The portable HD Radio unit uses an Atmel AVR32 (AT32UC3A) as its host microprocessor. The portable reference platform has support for MP3, USB On-The-Go, and an SD card interface. The reference has monochrome graphic LCD 128 x 64 and uses 2 AA alkaline batteries.

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.

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To arrange interviews or for additional information, please contact:

Vicki Stearn

iBiquity Digital Corp.

443-539-4345

stearn@ibiquity.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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