Copyright 2010 PR Newswire. All Rights Reserved
2009-11-25
More Products and Categories than Ever at Retail This Season
COLUMBIA, Md., Nov. 25 /PRNewswire/--iBiquity Digital Corporation, the developer
of digital HD Radio(TM) Technology for AM and FM audio and data broadcasting,
today highlighted a bevy of HD Radio receivers that are guaranteed to wow
consumers from the most tech-savvy to the electronically-challenged. To
capitalize, retailers like Best Buy, Costco, Crutchfield and RadioShack are
providing door-buster deals, prominent in-store signage, radio campaigns and
other promotions starting from Black Friday through December.
"2009 ushered in an exciting new era for HD Radio Technology, with expansion
into portable products and dramatically lower price points," said Bob Struble,
President and CEO of iBiquity Digital Corporation. "This holiday season, with
prices as low as $49, there is a great HD Radio gift idea for everyone's wish
list. Watch as well for special sales and offers from retailers during November
and December."
Promotions & Consumer-Friendly Price Points
HD Radio retailers and manufacturers have exciting offers planned for the
holiday season. Mr. Struble added that "with the backing of these strong
partners, HD Radio receivers are poised to be a hit. New portable products and
advanced services such as our HD Radio application for the iPhone and iPod touch
make the technology even more attractive."
HD Radio holiday promotions include:
-- Microsoftis continuing its Zune HD co-marketing radio campaign across
the top 100 U.S. broadcast markets. Five HD Radio spots are running
concurrently and promote Amazon, Best Buy and Wal-Mart.
-- Best Buy will merchandise the Insignia NS-HD01 portable armband radio in
two prime in-store locations: the front "gift area" and on portable
radio in-line displays. Additionally, special promotions will be offered
throughout the holiday season.
-- RadioShack has plans to run a one day special on Cyber Monday (the
Monday after Black Friday) for the new Gigaware Navigation Control HD
Radio Receiver accessory.. The electronics retailer will also display
window banners in stores across the country during the first week of
December, as well as in-store visual merchandising.
-- Costco is currently providing a $20 rebate on the TEAC HD1, taking the
price point down to $79.99, from $99.99, through the end of November..
-- Crutchfield is running a special program designed to support multiple
brands of HD Radio hide-a-way receivers; which when paired with a
matching in-dash head unit, enable that head unit to receive HD Radio
broadcasts and perform iTunes Tagging.
Portable HD Radio Technology Ready for the Holiday
-- Since July of this year, major brands have rapidly introduced portable
HD Radio receivers, priming the pump for stepped up Holiday Shopping
sales volumes:
-- Insignia NS-HD01 - Best Buy unveiled the first portable HD Radio player
priced under $50. The NS-HD01 is available to Best Buy retail stores and
online at BestBuy.com.
-- Zune HD - Microsoft's next-generation portable multimedia player, Zune
HD, is available in 16GB capacity for an MSRP of $219.99 and 32GB
capacity for $289.99 in five different colors, and can be found at
Amazon.com, Best Buy, Walmart and Microsoft.
-- Gigaware Navigation Control HD Radio Receiver accessory - The accessory,
coupled with an HD Radio application, brings HD Radio Technology
capabilities to the iPhone and iPod touch. It's available for an MSRP of
$79.99 and sold exclusively at RadioShack.
Wide Range of Additional Product Categories from Leading Manufacturers
Below is a sampling of some of the other exciting HD Radio products for the
holiday season:
-- Hot auto aftermarket products for this holiday season include the JVC
KD-HDR20, the JVC KD-HDR50, and the Kenwood 942u; all currently
available at retailers nationwide.
-- Home docking systems and tabletops include a number of different
receiver styles and price-points: The Sony XDR-S10HDiP iPod Dock
featuring iTunes Tagging, available nationwide at fine retailers,
including Best Buy; the Gigaware 12-551 iPod Dock with iTunes Tagging
for $99 at Radio Shack, and the TEAC HD1 for $99 at Costco, also
featuring iTunes Tagging.
-- High End home audio product options for the audiophile are available
from more brands and more price points than ever. Examples include, the
Yamaha RX-V1065, RX-V2065; the Denon AVR-3310CI, AVR-4310CI, AVR-4810CI,
and other products from ADA, Niles, Sangean, and Onkyo.
For a full list of receivers, promotions, and other HD Radio Technology
information, please visit www.hdradio.com.
About iBiquity Digital Corporation
iBiquity Digital Corporation is the developer of HD Radio(TM) technology, which
is fueling the digital radio revolution in the United States and around the
world. The digital technology enables broadcasters to offer new FM channels
through multicasting, crystal-clear sound and data services on both the AM and
FM bands - all free, with no subscription fee. Leading broadcasters, consumer
electronics manufacturers, automakers and retailers are committed to HD Radio
technology. iBiquity Digital is a privately held company with operations in
Columbia, MD, Auburn Hills, MI, and Basking Ridge, NJ. For more information,
please visit http://www.hdradio.com and http://www.ibiquity.com.
To arrange interviews or for additional information, please contact:
Sharon Oh / Jo Anne Barrameda
Brainerd Communicators, Inc.
212-986-6667
oh@braincomm.com / barrameda@braincomm.com
Note: "HD Radio(TM)" and the HD Radio logo are proprietary trademarks of
iBiquity Digital Corporation. All other trademarks are the property of their
respective owners. The "HD" in HD Radio(TM) is part of iBiquity Digital's brand
name for its advanced digital AM/FM system. It does not mean hybrid digital or
high-definition digital; both of these are incorrect.
SOURCE iBiquity Digital Corporation