Altec Lansing & XM Satellite Radio Form Strategic Relationship; Two Speaker Systems for XM Subscribers to Ship in October

Altec Lansing & XM Satellite Radio Form Strategic Relationship; Two Speaker Systems for XM Subscribers to Ship in October

Agreement Marks Altec Lansing's Debut in Wireless Sector

MILFORD, Pa., and WASHINGTON, Aug. 9 /PRNewswire/ -- Altec Lansing Technologies, Inc. and XM Satellite Radio (NASDAQ:XMSR) today announced a strategic relationship designed to enhance the XM listening experience with quality speaker solutions for both mobile and stationary use. The first two Altec Lansing speaker systems stemming from the agreement will be released in October, offering full-bodied digital amplification for XM listening in the home, office, backyard, beach and other locations beyond the car.

The relationship joins the market leaders in their respective spaces -- Altec Lansing in powered and portable audio and XM in satellite radio -- and marks the first step in a broad Altec Lansing initiative to expand into the wireless sector with products for both the digital satellite and the cellular markets.

The initial products generated by the relationship will be portable and desktop speaker systems offering the first universal audio solutions for the portable XM2go Pioneer, Tao and Delphi satellite radios. Both Altec Lansing products will allow consumers to dock their XM2go receivers into built-in cradles to listen to live or stored XM broadcasts through full-range neodymium drivers and bass enhancement technology that deliver bigger and better sound than the receivers themselves. Both systems also will charge the receivers while they are docked. The products are:

-- Altec Lansing inMotion(TM) iMX2 (MSRP $149.95), a compact,
high-performance portable speaker system for XM2go receivers.
Offering the same sleek one-piece design and dual battery/AC operation
of Altec Lansing's other market-leading inMotion portable audio
speakers, the iMX2 will tuck easily into a briefcase, suitcase or
backpack for on-the-go use.

-- Altec Lansing XM3020 (MSRP $99.95), a desktop powered audio speaker
system for XM2go receivers designed for desktop use. With
contemporary styling to fit in the home or office, the XM3020 also
features an XMRadio home antenna with a 20-foot cord for XM reception
while indoors.

These products will join the Altec Lansing MX5021/Roady Home Listening System, a three-piece powered audio speaker system with a dock and antenna custom-built to accommodate XM Roady and Roady 2 receivers. That system was introduced earlier this year.

"Altec Lansing speaker systems are renowned for their first-class sound reproduction," said Dan Murphy, Senior Vice President of Product Marketing and Distribution. "These new systems are the first portable and desktop speaker systems designed specifically for our award-winning XM2go radios. They make it possible for people to enjoy XM's commercial-free music channels and premier sports, news, and talk radio choices on their XM2go radios in all kinds of new ways and new environments. XM2go is the hottest product in satellite radio, and Altec Lansing has produced an impressive pair of systems for getting the most out of your XM2go listening experience."

"Satellite radio is one of today's fastest-growing technologies, and XM is in the forefront with a current subscription base of over 4.4 million that is projected to grow to 20 million by 2010," said Steve Cotter, Senior Vice President of OEM Sales for Altec Lansing. "This partnership creates impressive value-added synergies and will enable Altec Lansing to tap into an important new market with products that leverage our brand recognition and rich heritage as a supplier of quality audio."

About Altec Lansing Technologies, Inc.

Altec Lansing Technologies, Inc. has a rich legacy of blending art and science to stir the soul with high quality consumer and professional speaker systems. The market leader in Powered Audio systems, Altec Lansing designs, manufactures and markets a wide range of computer and home entertainment sound systems and a line of headsets and headphones. The company's Professional division builds on the storied Altec Lansing name among sound system specifiers, contractors and installers in the fixed installation market. Headquartered in Milford, PA USA and privately held, Altec Lansing also has offices in Oklahoma City OK, Luxembourg, and Hong Kong. In addition, Altec Lansing has an ISO 9002 and SA8000 certified manufacturing facility in The People's Republic of China. The company employs about 1,350 people worldwide.

About XM Satellite Radio

XM is America's number one satellite radio service with more than 4.4 million subscribers. Broadcasting live daily from studios in Washington, DC, New York City and Nashville at the Country Music Hall of Fame, XM's 2005 lineup includes more than 150 digital channels of choice from coast to coast: commercial-free music channels, premier sports, talk, comedy, children's and entertainment programming; and advanced traffic and weather information. XM was named Best Radio Service at the 2004 Billboard Digital Entertainment Awards.

XM, the leader in satellite-delivered entertainment and data services for the automobile market through partnerships with General Motors, Honda, Toyota, Hyundai, Nissan and Volkswagen/Audi, is available in more than 120 different vehicle models for 2005. XM's industry-leading products are available at consumer electronics retailers nationwide. For more information about XM hardware, programming and partnerships, please visit http://www.xmradio.com/ .

Altec Lansing is a registered trademark of Altec Lansing Technologies, Inc. All other trademarks are the property of their respective owners.

ALTEC LANSING CONTACT: XM SATELLITE RADIO CONTACT:
Pamela Roccabruna David Butler
Altec Lansing Technologies, Inc. XM Satellite Radio
570-296-1287 202-380-4317
proccabruna@alteclansing.comdavid.butler@xmradio.com

Source: Altec Lansing Technologies, Inc.

CONTACT: Pamela Roccabruna of Altec Lansing Technologies, Inc.,
+1-570-296-1287, or proccabruna@alteclansing.com ; or David Butler of XM
Satellite Radio, +1-202-380-4317, or david.butler@xmradio.com

Web site: http://www.xmradio.com/

-------
Profile: intent