WORLDSPACE(R) Satellite Radio Announces Timing for Fourth Quarter Results and Conference Call
SILVER SPRING, Md., March 13, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- WORLDSPACE(R) Satellite Radio (Nasdaq: WRSP) announced today that it expects to release its results for the fourth quarter of 2006 ended December 31, 2006 after the close of the market on Tuesday, March 27, 2007. The Company plans to host a conference call and webcast to discuss those results that day at 4:30 p.m., Eastern Time. Noah A. Samara, chairman and chief executive officer, and Sridhar Ganesan, chief financial officer, will host the conference call.
To participate in the call, please dial 800-901-5226 using passcode 87843714. Internationally the call may be accessed by dialing +1-617-786-4513 using the same passcode. To listen to the call live, please tune in to the webcast by following the directions under the investor relations heading at the Company's website, http://www.worldspace.com. An archived webcast of the call will be available at the website beginning approximately one hour following the call's completion.
About WORLDSPACE(R) Satellite Radio
Based in the Washington, DC metropolitan area, Worldspace, Inc. (Nasdaq: WRSP) is the world's only global media and entertainment company positioned to offer a satellite radio experience to consumers in more than 130 countries with five billion people, driving 300 million cars. WORLDSPACE delivers the latest tunes, trends and information from around the world and around the corner.
WORLDSPACE subscribers benefit from a unique combination of local programming, original WORLDSPACE content and content from leading brands around the globe including the BBC, CNN, Virgin Radio UK, NDTV and RFI. The WORLDSPACE satellites cover two-thirds of the earth's population with six beams. Each beam is capable of delivering up to 80 channels of high quality digital audio and multimedia programming directly to WORLDSPACE Satellite Radio anytime and virtually anywhere in its coverage areas. WORLDSPACE is a pioneer of satellite-based digital radio services (DARS) and was instrumental in the development of the technology infrastructure used today by XM Satellite Radio. For more information, visit http://www.WORLDSPACE.com.
Forward-looking Statements
This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs about future events and financial, political and social trends and assumptions it has made based on information currently available to it. The Company cannot assure that any expectations, forecasts or assumptions made by management in preparing these forward-looking statements will prove accurate, or that any projections will be realized. Such forward-looking statements may be affected by inaccurate assumptions or by known or unknown risks or uncertainties. Actual results may vary materially from those expressed or implied by the statements herein. Forward-looking statements contained herein speak only as of the date of this release. The Company does not undertake any obligation to update or revise publicly any forward-looking statements, whether to reflect new information, future events or otherwise.
SOURCE WORLDSPACE(R) Satellite Radio
Media: Judith Pryor, +1-301-960-1242, jpryor@worldspace.com, or Investors: Deirdre Skolfield, +1-202-615-0760, dskolfield@worldspace.com, both of WORLDSPACE(R) Satellite Radio
http://www.worldspace.com/
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