Deva Broadcast Signs HD Radio License Agreement

April 21, 2008

Columbia, MD; and Burgas, Bulgaria - Apr 10, 2008 - Ibiquity Digital has licensed Deva Broadcast to develop, manufacture and market HD Radio broadcast monitors and professional receivers for AM and FM broadcasters who are converting to digital broadcasting.

Deva expects to begin delivering the HD Radio products at the end of the summer 2008.

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