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SIRIUS SATELLITE RADIO HIRES PAUL BLALOCK AS SENIOR VICE PRESIDENT OF INVESTOR RELATIONS
Investor Relations Veteran to Lead SIRIUS' Outreach to Investment Community
10-26-2005
NEW YORK - October 26, 2005 - SIRIUS Satellite Radio (NASDAQ: SIRI) today announced that it hired investor relations and telecommunications industry veteran Paul Blalock as Senior Vice President of Investor Relations. Blalock will lead the company's initiatives with the investment community and will report to David Frear, Executive Vice President and Chief Financial Officer.
The announcement reflects the company's desire to broaden its outreach to investors during a period of rapid growth in the satellite radio industry.
Blalock comes to SIRIUS with over 16 years of experience in investor relations, most recently as Vice President of Investor Relations at Nextel Communications, Inc., where he spent 10 years in a senior management role through a period of rapid growth in the wireless communications industry. During Blalock's tenure at Nextel, the company transformed itself into a FORTUNE 200 company and telecommunications industry leader, attracting more than $25 billion in new capital and culminating in its recent merger with Sprint Corporation.
"Paul's outstanding reputation and extensive experience with a high growth, national consumer service will be a great asset to SIRIUS," said Frear. "As one of the most actively traded and widely followed stocks in America, SIRIUS' investors will benefit greatly from the combined efforts of Paul and Michelle McKinnon, Senior Director of Investor Relations, who will continue to be an integral member of our investor relations team."
Prior to his tenure at Nextel, Blalock spent 10 years at BellSouth Corporation, Inc. in Atlanta, including five years as Director of Investor Relations. In 2004, Blalock was nominated for the Grand Prix for Best Overall Investor Relations and Best Investor Relations Officer of the Year, by Investor Relations Magazine and Barron's Magazine, respectively. Blalock has also lectured extensively on investor relations at universities in the U.S.
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All statements contained are not verified for their accuracy. The statements may or may not be true and therefore are not to be relied on.
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