Digital Radio Central - Sponsored by TSS Radio
  DRC Home Page DRC Forums Contact Us  
SIRIUS Backstage Forum
  Sirius Satellite Radio XM Satellite Radio iTunes/iPod Slacker Pandora  
FAQ Members List Calendar Search Today's Posts Mark Forums Read  
Go Back   SIRIUS Backstage Forum > >
Visit Digital Radio Central


SIRIUS Dogstar Cafe Crank up the music on your SIRIUS radio, grab a seat at the bar and let's talk SIRIUS.

Thread Tools Display Modes
Old 10-08-2002, 06:13 PM   #1
Backstage Creator
Ford Motor Company to Offer Sirius Satellite Radio
TulaneJeff's Avatar
Join Date: Sep 20, 2002
Location: New Orleans
Posts: 7,888
TulaneJeff will become famous soon enough
Send a message via AIM to TulaneJeff Send a message via Yahoo to TulaneJeff
Default Ford Motor Company to Offer Sirius Satellite Radio

Sirius Satellite Radiio, the premier satellite radio broadcaster, and Ford Motor Company announced today a long-term agreement confirming their relationship. Ford, Lincoln, Mercury, Jaguar, Volvo and Land Rover have announced plans to begin offering Sirius satellite radio systems on an exclusive basis in select vehicles, with Sirius product launches planned for the 2003 calendar year. Mazda and Aston Martin are expected to announce their plans at a later date.

"We have been working in close cooperation with Sirius to provide a satellite radio solution that delivers high levels of quality and customer satisfaction. We believe that this is the most significant feature addition to the radio since the CD," said Cary Wilson, Director Electrical & Electronic Systems Engineering at Ford.

"We are very pleased that Ford is planning to install Sirius across a wide range of its vehicle lines," said Joseph P. Clayton, President and CEO of Sirius. "Sirius now has far-reaching dealer and factory programs in place with all of our key OEM constituents. We look forward to quickly ramping up these programs and turning these automotive customers into Sirius subscribers."

Separately, Sirius also announced the issuance to Ford Motor Company of a warrant to purchase up to 4,000,000 shares of its common stock at an exercise price of $3.00. This warrant replaces a similar warrant with an exercise price of $30.00. Vesting of this warrant is tied to installation of Sirius radios by Ford.

TulaneJeff is offline  
Old 10-12-2002, 01:53 PM   #2
Loyal Listener
Join Date: Oct 10, 2002
Posts: 166
XMUfan is on a distinguished road
Default Re: Ford Motor Company to Offer Sirius Satellite Radio

This is great news. Let us just hope that it is not too late!
Current stock price as of today 10/12/02 is 68 frigging cents!
Pray! Pray! Pray!
XMUfan is offline  

Go Back   SIRIUS Backstage Forum > >

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 07:13 PM.
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2020, vBulletin Solutions Inc.
Search Engine Optimisation provided by DragonByte SEO v2.0.39 (Pro) - vBulletin Mods & Addons Copyright © 2020 DragonByte Technologies Ltd.
All Content Copyright SIRIUS Backstage. All Rights Reserved. SIRIUS and registered trademarks are the property of SIRIUS Satellite Radio, Inc. The opinions posted on SIRIUS Backstage website and forums are those of the individual posters and/or this website and are not necessarily the opinions or positions of SIRIUS Satellite Radio, Inc.