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Today USTelematics announced that it has reached an affiliation and revenue sharing agreement with SIRIUS Satellite Radio. USTelematics product lines have introduced revolutionary advances in automobile-based digital communications, mobile wi-fi internet access and rear-seat entertainment for traveling families. The goal of the partnership is for technical advancement of USTelematic’s Voyager Mobile IPTV so that it will be able to output Sirius’ musical programming and offer SIRIUS subscriptions to Voyager users.
The current Voyager system is available in monitor sizes from 7’’ to 12’’ and offers users access to hundreds of channels of live and stored TV shows, movies, music, online games and more; all in the comfort of your moving vehicle. With the addition of SIRUS subscriptions to the optional Voyager packages, success for both companies lies ahead. This agreement could not only change the way people listen to radio, but the way SIRIUS is marketed and heard throughout the country.
Howard Leventhal, CEO of USTelematics, stated, “Affiliating ourselves with Sirius and its remarkable programming enables us to supplement all of the great audio programming already available on Voyager. Our plan is to technically provision Voyager to output Sirius’ music programming and offer SIRIUS subscriptions to Voyager users, so that kids in the rear car seat and parents in the front seat can all be piped-in. We believe that the sustainable revenue opportunities from this partnership will play a significant role in our ongoing mission to build long-term shareholder value.”
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$0.52 (02/25/08)
