New Orleans - Sep 5, 2001 - iBiquity Digital, the sole developer and licenser of digital AM and FM radio broadcast technology in the U.S., and Nautel Limited, a developer and manufacturer of high-power, solid-state radio transmitters, announced that they have agreed on business terms to permit Nautel to license iBiquity Digital's IBOC (In-Band On-Channel) AM and FM digital broadcast technology. Nautel will integrate iBiquity Digital's technology into a new line of IBOC transmitters and exciters, scheduled for launch at NAB 2002. IBOC transmission equipment will enable AM and FM radio stations to transform themselves from providers of analog audio to providers of high quality digital audio and wireless data services.

Nautel has worked with iBiquity for years in the development and testing of the iDAB IBOC digital broadcast system. Nautel stated that is very focused on developing high quality, IBOC-compatible transmission equipment for its customers. This announcement will allow Nautel to introduce IBOC transmission equipment just as the first wave of broadcasters are preparing to implement digital broadcasting at their AM and FM stations.