SIRIUS Satellite Radio to Launch Chinese and Korean Language Channels
SIRIUS Developing
Asian Music and News Channels With Multicultural Radio
Broadcasting
Inc."
SIRIUS and MultiCultural Radio Broadcasting Inc.
SIRIUS is also available at heavy truck
dealers and truck stops nationwide.
Click on http://www.sirius.
P-SIRI
Media Contacts:
Liz Berger
SIRIUS
+1-212-901-6726
lberger@siriusradio
.8 million (2003: operating loss CHF 1.1 million (2003: CHF 1.
SEZ expects the technology shift
from batch to single-wafer wet processing
to accelerate in 2005. Further signifying the rapid
growth
of single-wafer technology in Asian markets, SEZ today announced that
Japanese memory manufacturer
Elpida Memory, Inc.0 62.8 170.6
Book-to-bill-ratio 1. An
audio
webcast of today's presentation of financial results will also be available on
SEZ's website
beginning at 9 a.m.
About SEZ Group
The SEZ Group is the leading provider of single
-wafer, wet-clean
processing solutions for the semiconductor industry, with an installed base of
over
900 tools.sez.ethnicity korean
Radio Korea USA Launches This Fall With a Mix of News, Entertainment and Music
NEW YORK, SIRIUS Satellite Radio
(Nasdaq: SIRI) and MultiCultural Radio Broadcasting
Inc.
(Logo: http://www. "As it was proven from our recent Arbitron surveys with our Asian
audience
in Los Angeles and New York metropolitan radio markets, Asian
American listeners prefer ethnic media
over mainstream media.2 percent of radio listening by Chinese-speaking
Asian Americans is to Chinese
language radio. "Similar to the Hispanic market 20 years ago, the
Asian population in this country
is growing at an extraordinary rate with
unparalleled education and income levels. 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. While consolidated
net sales advanced favorably, cost of goods sold
had a less positive impact on
operating profitability due to elevated pricing pressures, advances
in the
market, and unfavorable changes in the currency exchange. As the market and technology leader
in this industry
segment, SEZ will continue to benefit from this trend, especially with its
innovative
Da Vinci(TM) platform.
In line with the positive trends in the first quarter of 2005, SEZ also
expects order momentum to continue in the second half of this year.1 201.6
Net sales
304.1
Operating result (EBIT) 37.7 70.54855;
USD/CHF
1.m.com
For further information, contact:
Kurt Lackenbucher, Executive
Vice President + Chief Operating Officer
SEZ Holding AG, CH-8050 Zurich, Tel.society ethnicity
, which owns and
operates forty-four
AM and FM radio stations in the U. These
listeners spend an average of 16
hours each week with the medium, according to
the study.95.
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, 2004 filed with the Securities and Exchange Commission.
New Volume Order From Japanese Memory Manufacturer
VILLACH, Austria and ZURICH, Switzerland
, The SEZ Group (SWX Swiss Exchange: SEZN) today
reported results for business-year 2004, with consolidated
net sales of
304.4 million).
The EBIT margin of 12. Posted
earnings per share were CHF 2.7
million).6 percent to CHF 69. Apart
from the strong demand for SEZ's Da Vinci tools, which should
account for
about 60 percent of the Group's sales in 2005, SEZ has decided to outsource
its Da
Vinci production partially to the new Eastern European Union countries.
In addition to further optimizing
supply-chain management, this strategic move
will enable significant reductions in production costs
, which will positively
influence profitability in the fourth quarter of 2005 and beyond.7
66.3
* preliminary
Key Figures After 12 Months
in CHF million
12/04 12
/03
Order intake 309.19
Average exchange rates as of
March 31, 2005: EUR/CHF 1.m. Since 1996, registered shares of SEZ Holding Ltd.chinese asian
, a privately held
multi
-ethnic radio operator, today announced a multi-year exclusive agreement
to create and launch Asian
language channels on SIRIUS.5 percent of Chinese-speaking Asian Americans in
New York and Los Angeles
, age 12 and older, listen to the radio. 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.1 million) and operating
profit (EBIT) of CHF 37.4 percent was below expectations
, whereas, net profit
exceeded expectations at CHF 32.4 81. EDT/6 p. CET.sez.
chinese ethnicity
com/cgi-bin/prnh/19991118/NYTH125 )
"We have the most expansive and diverse programming in radio
and as part
of that, it is important to offer top quality radio to the country's more than
12
million Asian Americans," said Scott Greenstein, SIRIUS' President,
Entertainment and Sports.
"With SIRIUS' ability to broadcast anywhere and everywhere in the country,
these channels allow
us to effectively reach a large underserved audience,"
said Arthur Liu, Chief Executive Officer,
MultiCultural Radio Broadcasting
Inc."
The Arbitron survey conducted earlier this year in
New York and Los
Angeles revealed that 56.
About SIRIUS
SIRIUS delivers more than
120 channels of the best commercial-free music,
compelling talk shows, news and information, and
the most exciting sports
programming to listeners across the country in digital quality sound.com
to listen to SIRIUS live, or to find a
SIRIUS retailer or car dealer in your area.com
8 million Swiss Francs (CHF) (2003: CHF 170.03. Order intake improved by 53 percent to CHF
309.1
million. has placed an order for
multiple 300-mm, double-chamber single-wafer cleaning systems.8
(1.18070
Upcoming Financial Dates
May 3, 2005 - Annual Shareholders' Meeting
(Zurich); Q1 2005 results press
release
* The complete Full-Year 2004 Financial Report, along
with the 2004 Annual
Report, including the Corporate Governance chapter, are available on SEZ's
homepage
located at http://www. +41-1-308-39-48/Fax +41-1-308-35-00
SEZ Management GmbH, A-9500 Villach
, Tel: +43 4242 204-455/
Fax: +43 4242 204-469
Email: http://www.chinese ethnicity
The Asian
programming
, the first of its kind to be broadcast on satellite radio, will
launch first with a Korean channel
and later followed by a Chinese channel.S.
MultiCultural Radio Broadcasting Inc. The Korean
channel, which will be called Radio Korea USA, is
expected to launch this fall, and will offer a
variety of news, entertainment
and music programming in Korean. The surveys also found that,
over
the course of a week, 82.
"The Asian community represents a significant up-and-coming niche market
for advertisers," Liu said. will explore in the
future the possibility of launching other Asian
language channels.sirius. SIRIUS also broadcasts live play-by-
play games of the NFL and NBA, and
is the Official Satellite Radio partner of
the NFL. Available in more than 25,000 retail locations
,
SIRIUS radios can be purchased at major retailers including Best Buy, Circuit
City, Crutchfield
, Office Depot, Sears, Target, Wal-Mart and RadioShack.
SIRIUS radios are currently offered in
vehicles from Audi, BMW, Chrysler,
Dodge, Ford, Infiniti, Jeep(R), Lincoln-Mercury, Mazda, Mercedes
-Benz, MINI,
Nissan, Toyota, Scion, Porsche, Volkswagen and Volvo. Hertz currently offers
SIRIUS
at major locations around the country.SEZ Group Confirms Record Sales and Order Intake for Business
Year 2004; Improved Net Sales and Order Intake for Q1 2005
8 million).3 million), as
well as the
previous quarter (Q4/2004: CHF 75. Order intake also
improved by 10.0 million compared to the previous
quarter. Among SEZ's first-quarter 2005 purchase
orders were multiple orders for Da Vinci tools
from a world-leading Korean
memory manufacturer and a large Chinese foundry.
For the remainder
of business-year 2005, the SEZ Group will continue to
focus on increasing its share of the wet-processing
market and on its entrance
into the front-end-of-line (FEOL) cleaning segment, as well as ongoing
efforts
to reduce overall manufacturing costs.
Quarterly Key Figures (unaudited)
in CHF million
Q1/05
Q4/04 Q1/04
Order intake 69.8
Order backlog (end of December
) 76.01 1.com (Investor/Financial Reports). The company maintains operations in Asia
-Pacific, Europe,
Japan and North America.
have been traded on the SWX Swiss Exchange under the
symbol SEZN.com
NOTE: Da Vinci is a trademark of SEZ.korean top
newscom., to give Asian
Americans
anywhere across the country the opportunity to have Chinese and
Korean language satellite radio,
" Greenstein added., will bring its expertise in Asian
programming to help SIRIUS create programming
that appeals to Asian American
listeners. The Chinese channel that is expected to
launch thereafter
will offer popular music from China, Hong Kong and Taiwan,
as well as short news and information
updates of interest to these
subscribers.
For more about SIRIUS, visit http://www. SIRIUS
offers 65 channels of 100% commercial-free music, and features over 55
channels of sports, news
, talk, entertainment, traffic and weather for a
monthly subscription fee of only $12.
SIRIUS
radios for the car, truck, home, RV and boat are manufactured by
Alpine, Audiovox, Blaupunkt, Clarion
, Delphi, Jensen, JVC, Kenwood, Pioneer,
Sanyo and XACT Communications.
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.
In the first quarter
of 2005, preliminary net sales of approximately CHF
77 million exceeded the same period last year
(Q1/2004: CHF 66.
In business-year 2004, the SEZ Group surpassed its previous record levels
with net sales, net profit as well as with order intake.1 1.sez.japanese ethnicity
"We are excited to partner
with MultiCultural Radio
Broadcasting, the leader in Asian radio programming in the U.S.com.3
Net sales 77 * 75.4)
Net profit 32. PDT
/12 p. Additional
information about the company is available on the Internet at http://www.chinese korean
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