Emerson Electronics will now be offering HD Radio in their product line:
http://www.marketwire.com/mw/release_html_b1?release_id=200969Interesting in this article, they say this: HD Radio technology is also being tested and adopted in countries around the world, including: Australia, Brazil, Canada, Indonesia, New Zealand, Philippines, Poland, Switzerland, Thailand and Ukraine.
Tested, but not yet adopted.
Only
interim approval for iBiquity/HD radio from the FCC.
I guess you missed the (almost total) disclaimer at the end, which makes the whole press release pretty much meaningless:
This release contains "forward-looking statements" made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, they give no assurance that such expectations will prove to be correct and you should be aware that actual results could differ materially from those contained in the forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, including the risk factors detailed in Emerson's reports as filed with the Securities and Exchange Commission. Emerson assumes no obligation to update the information contained in this news release.