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This excerpt taken from the SIRI 8-K filed Feb 26, 2008. 2007 HIGHLIGHTS SIRIUS extended its exclusive relationship with Ford until 2016. The agreement covers all Ford brands. In addition, the Ford and Mercury brands are targeting approximately 70% factory penetration of SIRIUS radios beginning with the 2009 model year vehicles. In February 2008, SIRIUS also extended its exclusive agreement with Chrysler LLC until 2017. This agreement covers all Chrysler LLC brands. Chrysler included SIRIUS radios as a factory- installed feature in more than 70% of its 2008 model year vehicles. The company also recently launched the critically acclaimed, SIRIUS Travel Link service, at the LA and Detroit auto shows. SIRIUS Travel Link is expected to be offered in 2008 on select Ford, Lincoln and Mercury brand vehicles. SIRIUS Travel Link offers real-time traffic data with speed/flow and incident information, national weather information, fuel prices, sports scores and movie listings. SIRIUS also launched SIRIUS Backseat TV in select 2008 model year Chrysler and Dodge vehicles. It is the first ever live in-vehicle rear seat entertainment featuring three channels of children’s programming. In 2007, SIRIUS also introduced the Stiletto 2, the company’s second satellite radio to provide live reception in portable mode. The Stiletto 2 allows users to capture, store and replay live SIRIUS content and MP3/WMA files.  |
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