Polk Audio Announces The First XM Satellite Radio Component Tuner For Premium Audio Systems

20-May-04

Polk Audio announced that it has signed a license and technology agreement with XM Satellite Radio, the nation's leading satellite radio company, to collaborate on the development of a high performance XM Satellite Radio component tuner for use with existing premium home audio systems. The marriage of Polk's long history of unparalleled design expertise and XM's cutting edge broadcast technology will offer the best audio performance to date from an in-home XM tuner. This piece also plays heavily on aesthetics and is sized and styled to match standard premium audio components. ""We are big fans of XM Radio,"" said Polk Audio President Jim Herd. ""The audio quality is excellent and XM's content is outstanding. Furthermore we see a close match between a large cross section of XM subscribers and Polk Audio's customers."" Polk Audio and satellite radio customers share an interest in premium audio component systems and high-quality sound, he said. ""It is a true privilege to associate the XM brand with that of Polk Audio, a company that has distinguished itself in delivering outstanding performance and value to a very loyal customer base,"" said Dan Murphy, SVP Retail Marketing and Distribution. ""We're very excited to be partnering with Polk to take XM's commercial-free music and premier talk content to the next level for home audio. The discriminating listener will enjoy XM as never before.î The product is slated for October delivery at an MSRP of $329. Polk Audio expects to release full product details in late June 2004.More information about Polk Audio can be found at www.polkaudio.com; For more information about XM, please visit www.xmradio.com.

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