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XM Hits One Millionth Sub Mark

10/29/2003 10:28:00 AM Eastern

Washington, D.C. - XM Satellite Radio announced it surpassed the one-million subscriber mark in less than two years since its national debut.

XM claimed it is now one of the fastest growing media formats ever. It should be noted that satellite radio, as a whole, surpassed the one-million mark in one year and ten months when Sirius Satellite Radio figures are added. Sirius is expected to shortly announce its subscriber numbers for the third quarter. The company tallied 100,233 at the end of the second quarter.

Number of Years to 1 Million Comparative Products and Services
DVD Players: 1 Year, 9 Months

XM Satellite Radio:

1 Year, 11 months

CD Players 2 Years, 4 Months
MP3 Players: 2 Years, 4 Months
Radio: 3 Years, 3 Months
Television: 3 Years, 4 Months
Digital Video Recorders: 4 Years, 5 Months
VCRs: 4 Years, 10 Months
Online Subscription Services: 9 Years, 6 Months
Cable Television: 12 Years
Satellite Television: 12 Years

Sources: Greystone Communications, Yankee Group

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