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"IBiquity sees digital radio signaling changes to come"
"The company has yet to turn a profit and does not expect to do so in 2007 or 2008, Struble said... Mass marketing and consumer adoption is the last hurdle, Struble said... Representatives of investment firms that have spots on iBiquity's board of directors could not be reached for comment, but Struble said they are excited about the progress the company is making. The focus is not on exit strategies yet, he said." http://tinyurl.com/3don5y"http://tinyurl.com/3don5y "IBiquity Digital HQ expansion to include 82 new jobs" "A $300,000 loan to iBiquity Digital Corp. from a state economic development fund helped pay for expansion of the company's Columbia headquarters. HD Radio developer iBiquity moved in April 2007 from offices on Stanford Boulevard in Columbia to a space twice as large in the Columbia Gateway development, company spokeswoman Vicki Stearn said. The loan, from the Department of Business and Economic Development, is conditional, depending on whether iBiquity, which employs 38 at its headquarters, adds 82 new jobs in the next two years. There are more than 100 employees in three U.S. iBiquity offices." http://www.bizjournals.com/baltimore...10/daily3.html |
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