TOKO, INC. WILL DOUBLE HD RADIO™ TEST AND CERTIFICATION CAPACITY

Thursday, March 15th, 2012

Commitment by leading technology firm reflects the rapid growth in new HD Radio enabled product development by Japan based brands.

Columbia, MD USA and Saitama, Japan. March 15, 2012 – TOKO, Inc., and iBiquity Digital Corp. announced today the expansion of the TOKO HD Radio™ Test and Certification facility based in the Tokyo region.

TOKO, a leading technology firm in the areas of manufacturing and quality control, through its HD Radio Technology Certification Test Laboratories, has been a key resource for product manufacturers introducing new HD Radio enabled consumer electronics products since 2004. The expansion is in the form of a second full service test and certification bench, which will effectively double the number of HD Radio enabled products that can be tested and certified by TOKO each year.

TOKO Senior General Manager of Automotive Electronics Division, Norio Uchida, expressed the expansion by TOKO is due to the dramatic increase in the number of HD Radio Technology products in development at this time and the plans of its customers in the future. “This past year, we have seen a significant increase in the number of products featuring HD Radio Technology and we have insight into the fact that this pattern will continue on into the foreseeable future. In order to provide the standard of excellent service TOKO is known for, we are pleased to make this commitment.”

Jeffrey Jury, iBiquity Chief Operating Officer added, “TOKO was the first in Japan to recognize the potential of the HD Radio Technology Test and Certification opportunity. We work closely with their strong engineering team and are delighted that the volume of business has resulted in this expansion. It gives us great confidence to know that a firm of the quality of TOKO is working with our licensed partners in Japan.”

HD Radio Technology product development has increased significantly over the past 12 months by leading Japan based product companies such as Alpine, Aisin, Clarion, Fujistu-Ten, Denon, Marantz, Mitsubishi Electric, Onkyo, Panasonic, Pioneer, Sanyo, Sony, and Yamaha, among others. Product categories are across the OEM Automotive, Aftermarket Auto, and Consumer Electronics. These increases in product development are driving the rapid growth of HD Radio Technology in North America, not just in the United States, but also in Mexico, where HD Radio Technology will be formally launched in the consumer market during April, 2012.

About TOKO, Inc.
TOKO, Inc., as a professional manufacturer of electronic parts indispensable to society, developed the world’s first IFT (intermediate frequency transformer) for transistor radios in 1955 and has made a great contribution to the development of electronics industry for over half a century. Now concentrating on the fields of Power and RF, TOKO further develops their core technology of coil products while displaying world widely the system of designing, production, and selling to satisfy the needs of customers around the world.

TOKO, Inc
Takeshi Isoda
isoda@toko.co.jp
+81.49.279.1623
TOKO, Inc.
18, Ohaza, Gomigaya, Tsurugashima-shi,
Saitama, 350-2281, Japan

About iBiquity Digital Corp.
iBiquity Digital Corporation is the developer of HD Radio Technology, which is fueling the digital radio revolution in the United States and around the world. The digital technology enables broadcasters to offer new HD2/HD3 FM channels through multicasting, crystal-clear sound and data service on both the AM and FM bands – all free, with no subscription fee. Leading broadcasters, consumer electronics manufacturers, automakers and retailers are committed to HD Radio Technology. iBiquity Digital is a privately held company with operations in Columbia, MD, Auburn Hills, MI, and Piscataway, NJ. For more information, please visit www.hdradio.com and www.ibiquity.com.

iBiquity Digital Corporation
Steve Baldacci
baldacci@ibiquity.com
+1.443.539.4340
+1.301.252.1680
iBiquity Digital Corportaion
6711 Columbia Gateway
Columbia, MD 21049