Mooney International Provides One-Year Subscription to SiriusXM Aviation Weather & Audio with Purchase of All New Aircraft

NEW YORK, July 17, 2017 /PRNewswire/ -- SiriusXM and Mooney International Corporation, a leading aviation manufacturer, announced today that Mooney is the first manufacturer to provide its customers with a one-year subscription to SiriusXM's satellite-delivered aviation weather, information, and audio programming services with the purchase of a new aircraft.  

Mooney customers will receive a one-year subscription to SiriusXM's top-tier Aviation Weather and Information services plus the SiriusXM All Access programming package, which offers the full spectrum of SiriusXM audio entertainment. This mirrors the successful SiriusXM program offered to millions of consumers each year when they purchase cars and trucks.

"At Mooney we design, build, and test innovative aircraft with one goal – to give our customers the best next generation GA aircraft in the world," said Lance Phillips, Mooney's director of sales and marketing.  "SiriusXM shares a similar passion to be the best in class, which is why their weather, info and audio programming offerings are second to none.  We're excited to have them on board to help our pilots be aware of the latest weather conditions along their route, while keeping them entertained along the way."

"We are very pleased to be launching our new aviation program with Mooney, an established and well-respected leader in the industry," said Dave Wasby, VP, Aviation, Marine and Music for Business for SiriusXM.  "Our team is proud Mooney offers our top tier Weather service in all the aircraft across their line-up.  Mooney is providing their pilots critical features that are not available on other services – via uninterrupted service coast-to-coast from taxi to touchdown.  Adding SiriusXM's All Access package means everyone on board can enjoy the best in audio entertainment – all flight long."

Mooney Aircraft feature Garmin avionics to deliver SiriusXM Aviation Weather. Features include:

• High-Resolution Composite Reflectivity Radar
• Surface Visibility
• NEXRAD Storm Cell Attributes
• Lightning Strike Locations

Plus other capabilities that ADS-B (Automatic Dependent Surveillance – Broadcast) doesn't offer including:

• No Line-of-Sight Restrictions
• No Altitude Limitations
• No Gaps in Coverage Coast-to-Coast
• Weather & Info from Taxi to Landing

The All Access audio programming package is SiriusXM's most extensive offering and includes Howard Stern, every NFL, MLB®, and NBA game, every NASCAR® race, plus NHL® games, PGA TOUR® coverage and live college sports, as well as SiriusXM's wide variety of commercial-free music, plus talk programming, comedy and several exclusive online-only channels. All-Access subscribers also get access to SiriusXM programming when they are not in the air, on the SiriusXM app and online at www.siriusxm.com. 

The new Mooney Acclaim and Ovation Ultras received FAA certification in March 2017 and the factory is now beginning to ramp-up to full production as first deliveries of the new aircraft are scheduled to begin in July.  For more information visit www.mooney.com.

About SiriusXM

Sirius XM Holdings Inc. SIRI is the world's largest radio company measured by revenue and has approximately 31.6 million subscribers. SiriusXM creates and offers commercial-free music; premier sports talk and live events; comedy; news; exclusive talk and entertainment, and a wide-range of Latin music, sports and talk programming. SiriusXM is available in vehicles from every major car company and on smartphones and other connected devices as well as online at siriusxm.com. SiriusXM radios and accessories are available from retailers nationwide and online at SiriusXM. SiriusXM also provides premium traffic, weather, data and information services for subscribers through SiriusXM Traffic™, SiriusXM Travel Link, NavTraffic®, NavWeather™. SiriusXM delivers weather, data and information services to aircraft and boats through SiriusXM Aviation™ and SiriusXM Marine™. In addition, SiriusXM Music for Business provides commercial-free music to a variety of businesses. SiriusXM holds a minority interest in SiriusXM Canada which has approximately 2.8 million subscribers. SiriusXM is also a leading provider of connected vehicles services, giving customers access to a suite of safety, security, and convenience services including automatic crash notification, stolen vehicle recovery assistance, enhanced roadside assistance and turn-by-turn navigation.

To download SiriusXM logos and artwork, visit http://www.siriusxm.com/LogosAndPhotos.

This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "believe," "intend," "plan," "projection," "outlook" or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.

The following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: our substantial competition, which is likely to increase over time; our ability to attract and retain subscribers, which is uncertain; interference to our service from wireless operations; consumer protection laws and their enforcement; unfavorable outcomes of pending or future litigation; the market for music rights, which is changing and subject to uncertainties; our dependence upon the auto industry; general economic conditions; the security of the personal information about our customers; existing or future government laws and regulations could harm our business; failure of our satellites would significantly damage our business; the interruption or failure of our information technology and communications systems; our failure to realize benefits of acquisitions or other strategic initiatives; rapid technological and industry changes; failure of third parties to perform; our failure to comply with FCC requirements; modifications to our business plan; our indebtedness; our principal stockholder has significant influence over our affairs and over actions requiring stockholder approval and its interests may differ from interests of other holders of our common stock; impairment of our business by third-party intellectual property rights; and changes to our dividend policies which could occur at any time. Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found in our Annual Report on Form 10-K for the year ended December 31, 2016, which is filed with the Securities and Exchange Commission (the "SEC") and available at the SEC's Internet site (http://www.sec.gov). The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication.

Source: SiriusXM

Media contacts:

Andrew FitzPatrick
SiriusXM
212-901-6693
Andrew.FitzPatrick@SiriusXM.com

Kevin Bruns
SiriusXM
212-901-6752
Kevin.Bruns@SiriusXM.com

Lance Phillips
Mooney International Corporation
830-792-2936
lphillips@mooney.com

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SOURCE Sirius XM Holdings Inc.