President and CEO, Joseph Clayton Gives Keynote Interview to Open Satellite Seminar


NEW YORK, July 15, 2002 (PRIMEZONE) -- Mr. Joseph Clayton, CEO of Sirius Satellite Radio Inc. (Nasdaq:SIRI) begins with an explanation of the core values that make the Satellite Industry valuable and a valid sector in current market conditions. We move from this to explaining what he expects will be the primary driving force in design and construction of satellites going forward.

The North American market is discussed before we look at the global picture. We then examine the predicted growth areas over the next two years and look at who will be servicing these areas. The possibility of an international space or satellite governing body is then discussed. Mr. Clayton shares what he would hope to have in terms of a central, international logistical ordering infrastructure in the future.

We discuss the affect that the communications breakdown caused by September 11 has had on the national communications system and how this will affect the various sectors as we go forward. The interview is closed by asking Mr. Clayton what he thinks will drive success in the sector before focusing on the key values of Sirius Satellite Radio and the central strengths that will carry it forward.

The interview can be heard at www.wallst.net

About Sirius Satellite Radio

Sirius Satellite Radio Inc., from its three orbiting satellites, directly broadcasts 100 channels of digital-quality radio to motorists throughout the continental United States for a monthly subscription fee of $12.95. Sirius delivers 60 original channels of completely commercial-free music in virtually every genre, and 40 world-class sports, news and entertainment channels. The Company holds one of only two licenses issued by the Federal Communications Commission to operate a national satellite radio system.

About WallSt.net

The Wall St. Network (www.wallst.net) is a multimedia provider of original, insightful, commentary and news from North America's leading companies. Giving a direct link to the management of today's fastest growing companies through encompassing executive interviews and Sector Seminars.



            

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