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Old March 11th 08, 02:58 AM posted to rec.radio.shortwave
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Default Is iBiquity broke?

"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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