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Tuesday, September 26, 2006

Stiletto Launches

September 26, 2006

Press Release

Source: SIRIUS Satellite Radio

SIRIUS Introduces the Stiletto 100, Its First Live Portable Satellite RadioTuesday September 26, 8:00 am ET

- Stiletto 100 provides live reception in portable mode, as well as easy access to previously stored programming
- Includes WiFi capability, providing access to SIRIUS' Internet radio services anywhere an accessible WiFi network is available
- Subscribers can purchase bookmarked songs with Yahoo! Music Jukebox(TM); features easy storage and management of MP3/WMA files

NEW YORK, Sept. 26 /PRNewswire-FirstCall/ --

SIRIUS Satellite Radio (Nasdaq: SIRI - News) today announced the availability of Stiletto 100, the company's first live portable radio, featuring WiFi, Yahoo!(TM) music purchasing software, and the ability to save music subscribers love for playback later.

Stiletto 100, available this month, lets users listen to live SIRIUS programming almost anywhere in a small, stylish package. Stiletto 100 allows users to store up to 100 hours of SIRIUS content by:

* Automatically recording hours of 100% commercial-free music from
listeners' favorite SIRIUS Satellite Radio channels;
* Scheduling recordings, of up to 6-hours in length, of favorite talk or
music shows; and
* Allowing users to save up to 10 hours of individual songs from live
SIRIUS Satellite Radio broadcasts by a simple press of the "love"
button.
Source: SIRIUS Satellite Radio

The Stiletto 100 features WiFi capability for connection to SIRIUS' Internet radio services, an exciting feature useful for listening anywhere an accessible WiFi network is available. SIRIUS' Internet radio services provide subscribers with access to all of SIRIUS' 64 commercial free music channels, plus Howard Stern's two channels, Martha Stewart Living Radio, OutQ, and other original talk programming.

User's own MP3/WMA files can also be stored on the Stiletto 100 and managed with the included My SIRIUS Studio(TM) software for Windows(TM) PCs. Stiletto 100 is compatible with most Windows-based Internet music providers' download and subscription services.
The Yahoo! Music Jukebox(TM) software will be conveniently included with the Stiletto 100 package. Any individual song bookmarked by the user on the Stiletto 100 is moved into a favorites list, which can be accessed by a PC application when the unit is connected to user's computer. The application allows users to look up and purchase songs, full albums, or explore artists' other offerings through the Yahoo! Music Jukebox (TM) software or other compatible online music download or subscription services. Once the song is purchased or rented, it can be transferred onto the Stiletto 100.

Measuring 4.7" x 2.0" x 1", Stiletto 100 stores up to 100 hours of live SIRIUS Satellite Radio programming (2 GB), has a large 2.2" bright display, Aurora graphic user interface and a six-way navigation control that provides easy one handed access to all features and content. Stiletto 100, with a MSRP of $349.99, will include the radio, standard battery, slim battery, AC power adaptor, headset antenna, ear buds, PC cable, My SIRIUS Studio(TM) software and Yahoo! Music Jukebox(TM) software.

Other features of the Stiletto 100 include 30 channel presets; SIRIUS Replay(TM), which allows users to pause, rewind and replay 60 minutes of live radio; Game Alert(TM), which prompts the listener when favorite games are being broadcast and alerts when scores change; Game Zone(TM), listing all of the users favorite teams in one virtual category; and parental controls and channel lockout.

A vehicle kit (MSRP $69.95) home kit (MSRP $69.95), executive system (MSRP $149.95), additional batteries and headphones, and other accessories will also be available. The Stiletto 100 incorporates the SIRIUS Universal Connector, which will enable use in a wide variety of audio systems and accessories being developed by partner manufacturers.
About SIRIUS

SIRIUS, "The Best Radio on Radio," delivers more than 130 channels of the best programming in all of radio. SIRIUS is the original and only home of 100% commercial free music channels in satellite radio, offering 69 music channels. SIRIUS also delivers 65 channels of sports, news, talk, entertainment, traffic, weather and data. SIRIUS is the Official Satellite Radio Partner of the NFL, NBA and NHL and broadcasts live play-by-play games of the NFL, NBA and NHL. All SIRIUS programming is available for a monthly subscription fee of only $12.95.
SIRIUS products for the car, truck, home, RV and boat are available in more than 25,000 retail locations, including Best Buy, Circuit City, Crutchfield, Costco, Target, Wal-Mart, Sam's Club, RadioShack and at shop.sirius.com.

SIRIUS radios are offered in vehicles from Audi, BMW, Chrysler, Dodge, Ford, Infiniti, Jaguar, JeepĀ®, Land Rover, Lexus, Lincoln-Mercury, Mazda, Mercedes-Benz, MINI, Nissan, Rolls Royce, Scion, Toyota, Porsche, Volkswagen and Volvo. Hertz also offers SIRIUS in its rental cars at major locations around the country.

Click on http://www.sirius.com/ to listen to SIRIUS live, or to purchase a SIRIUS radio and subscription.

Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance with respect to SIRIUS Satellite Radio Inc. are not historical facts and may be forward-looking and, accordingly, such statements involve estimates, assumptions and uncertainties which could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2005 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2006 filed with the Securities and Exchange Commission. Among the key factors that have a direct bearing on our operational results are: our dependence upon third parties, including manufacturers of SIRIUS radios, retailers, automakers and programming partners, our competitive position and any events which affect the useful life of our satellites.

9/26/2006 10:09:00 AM


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