iBiquity Digital Certifies Samsung's

Shenzhen, China - October 8, 2008 –iBiquity Digital Corporation, the developer of digital HD Radio™ technology for AM and FM audio and data broadcasting, announced today that it has certified Samsung Electro-Mechanics’ groundbreaking new low-power, high-performance HD Radio module (2023-CR). This is the first certified HD Radio module designed with Samsung’s new RF and decoder chipset SEMHDR100A and SEMHDRC200A. In addition to the 2023-CR module, Samsung is preparing a small footprint module for portable applications called the Samsung Core-CR. The target production schedule is the end of 2008.

“Samsung is a significant partner in the development of high-quality, low-cost and low-power HD Radio ICs and modules,” said Jeff Jury, COO of iBiquity Digital Corporation. “The company is a leading developer of HD Radio components and this module represents a key milestone enabling a wide range of new lower power and lower cost HD Radio products to come to market.”

S.G. Hong, SVP for Samsung Electro-Mechanics, said, “We are excited to work with iBiquity and are pleased that our new module has been certified. We are confident that the 2023-CR will become a market leading solution in the development of HD Radio products.”

To date, iBiquity has certified over 100 different HD Radio products.The HD Radio certification process includes a rigorous inspection of performance and functionality to ensure compliance with the HD Radio broadcast system requirements. Samsung’s new module can be integrated into radio products to deliver high-quality HD Radio performance at a low cost.

About iBiquity Digital

iBiquity Digital Corporation is the developer of the digital HD Radio™ system, which is fueling the digital radio revolution in the United States and around the world. Over 1,750 HD Radio AM and FM stations are on the air in the United States, with over 900 new HD2/HD3 multicast channels. The only digital broadcast technology approved by the Federal Communications Commission (FCC) for AM and FM radio in the United States, HD Radio technology allows stations to broadcast digital signals in tandem with their analog signals, providing broadcasters with a platform to offer crystal-clear, CD-quality sound and scrolling text and graphics; as well as multiple channels of programming on the same FM frequency (multicasting) and advanced services such as traffic updates; content…all subscription free.

There are more than 80 HD Radio products for sale at over 14,000 stores and online. HD Radio technology has also made great inroads in the automotive sector with factory-installed options announced by BMW, Ford, Hyundai, Jaguar, Lincoln, Mercedes, MINI, Mercury, Scion, and Volvo. Beyond the U.S., commercial implementation of HD Radio technology is gaining momentum around the world.

iBiquity Digital's investors include 15 of the nation's top radio broadcasters, including ABC, Clear Channel and CBS Radio; leading financial institutions, such as Grotech Capital Group, J.P. Morgan Partners, New Venture Partners, FirstMark Capital and Flatiron Partners; and strategic partners Intel Capital, Ford Motor Company, and Harris. Founded in 2000, iBiquity Digital is a privately held company with operations in Columbia, MD, Detroit, MI, and Basking Ridge, NJ. For more information, please visit http://www.hdradio.com and http://www.ibiquity.com.

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To arrange interviews or for additional information, please contact:

Vicki Stearn

iBiquity Digital Corp.

443-539-4345

stearn@ibiquity.com

Tony Song

Samsung EM

82-31-218-2411

tsong@samsung.com

Note to editors: “HD Radio™” 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™ 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.

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