WORLDSPACE(R) Satellite Radio Welcomes New Board Member, Dr. Frank-Jurgen Richter

WORLDSPACE(R) Satellite Radio Welcomes New Board Member, Dr. Frank-Jurgen Richter

SILVER SPRING, Md., June 18 /PRNewswire-FirstCall/ -- WORLDSPACE(R) Satellite Radio (NASDAQ:WRSP), one of the world leaders in satellite-based digital radio services, today announced that Dr. Frank-Jurgen Richter, president of Horasis, was elected to the Company's board of directors.

"Dr. Richter has demonstrated throughout his career, the leadership, knowledge and strategic insights that he will bring to our board," said WORLDSPACE Chairman & CEO, Noah A. Samara. "In addition to Europe, WORLDSPACE continues to be focused on emerging markets and we believe Dr. Richter's insights and experience will be very valuable to WORLDSPACE in the years ahead."

"WORLDSPACE is one of the global growth companies that I most admire," said Dr. Richter. "I am really looking forward to working with Mr. Samara and the rest of the WORLDSPACE board to help with all of the amazing things they are doing in India and Africa and as they expand into China and beyond."

Frank-Jurgen Richter is a world authority in international affairs and global business and is the founder and president of Horasis (http://www.horasis.org/) -- The Global Visions Community, incorporated in Geneva, Switzerland. Through Horasis, Dr. Richter is a senior advisor to the leadership of corporations from Asia, Europe and North America. Prior to founding Horasis, Dr. Richter was director of the World Economic Forum, in charge of Asian affairs. During this time he has developed an extensive experience and knowledge on the world's economic, business and political scene and of its key players. Under his leadership, the World Economic Forum's summits in Asia, as well as the Asia portion of 'Davos' have evolved to facilitate the exchange of experiences and ideas between leaders in business, government, and civil society. He has a thorough understanding of how the world functions today -- an understanding created through an on-going interaction with top business, political and intellectual leaders around the world.

About WORLDSPACE(R) Satellite Radio

Based in the Washington, DC metropolitan area, Worldspace, Inc. (NASDAQ:WRSP) is the world's only global media and entertainment company positioned to offer a satellite radio experience to consumers in more than 130 countries with five billion people, driving 300 million cars. WORLDSPACE delivers the latest tunes, trends and information from around the world and around the corner. WORLDSPACE subscribers benefit from a unique combination of local programming, original WORLDSPACE content and content from leading international brands including the BBC, CNN International, Virgin Radio UK, NDTV and RFI.

WORLDSPACE's satellites cover two-thirds of the world's population with six beams. Each beam is capable of delivering up to 80 channels of high quality digital audio and multimedia programming directly to WORLDSPACE Satellite Radios anytime and virtually anywhere in its coverage areas. WORLDSPACE is a pioneer of satellite-based digital radio services (DARS) and was instrumental in the development of the technology infrastructure used today by XM Satellite Radio. For more information, visit http://www.worldspace.com/.

Forward-looking Statements

This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs about future events and financial, political and social trends and assumptions it has made based on information currently available to it. The Company cannot assure that any expectations, forecasts or assumptions made by management in preparing these forward-looking statements will prove accurate, or that any projections will be realized. Such forward-looking statements may be affected by inaccurate assumptions or by known or unknown risks or uncertainties. Actual results may vary materially from those expressed or implied by the statements herein. For factors that could cause actual results to vary, perhaps materially, from these forward-looking statements, please refer to the Company's Form 10-K, filed with the Securities and Exchange Commission, and other subsequent filings. Forward-looking statements contained herein speak only as of the date of this release. The Company does not undertake any obligation to update or revise publicly any forward-looking statements, whether to reflect new information, future events or otherwise.

Source: WORLDSPACE(R) Satellite Radio

CONTACT: Judith Pryor of Worldspace, Inc., +1-301-960-1242,
jpryor@worldspace.com

Web site:

http://www.worldspace.com/
http://www.horasis.org/

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