SIRIUS Canada Named One of Canada's 50 Best Managed Companies

TORONTO, Feb. 22 /CNW/ - SIRIUS Canada Inc., the country's leading audio entertainment company, today announced that it has again been named one of Canada's Best Managed Companies. SIRIUS Canada was a winner of Canada's 50 Best Managed Companies program last year and requalified to maintain its status as a Best Managed company.

Supported by Deloitte, CIBC, National Post and Queen's School of Business, the Best Managed award and designation honours Canadian companies that have demonstrated exceptional business results following a rigorous and independent evaluation process.

"We are extremely proud to receive the Best Managed designation again and excited to share the award with our employees, partners and subscribers across Canada," said Mark Redmond, President and CEO, SIRIUS Canada Inc.

"Over the past 18 years, Canada's 50 Best Managed Companies program has recognized the most innovative and Best Managed Companies in Canada. We are delighted to once again celebrate SIRIUS Canada's accomplishments," said John Hughes, Partner, Private Company Services, Deloitte.

About Canada's Best Managed Companies
Celebrating its 18th anniversary, Canada's 50 Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $10 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on three levels: 1) Best Managed winner (one of the 50 new winners selected each year); 2) Requalified member (repeat winners retain the Best Managed designation for two additional years, subject to annual operational and financial review); 3) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years.) Program sponsors are Deloitte, CIBC, National Post, and Queen's School of Business. For further information, visit www.canadas50best.com

About SIRIUS Canada
SIRIUS Satellite Radio Canada, one of Canada's 50 Best Managed Companies, is the country's leading audio entertainment company with more than one million subscribers.

SIRIUS offers 120 channels of commercial-free music, premium sports, news, talk and entertainment programming from studios in Vancouver, Toronto, Montreal and New York. SIRIUS offers listeners unparalleled coast-to-coast signal coverage and digital quality sound broadcast from four high-orbit satellites.

SIRIUS is the Official Satellite Radio Partner of the CFL, NFL and NASCAR and broadcasts live play-by-play games of the CFL and NFL games. SIRIUS is also the exclusive satellite radio home of CBC's Hockey Night in Canada Radio. In addition, SIRIUS broadcasts live NASCAR races, Barclays English Premier League and UEFA Champions League soccer.

SIRIUS products for the car, truck, home, RV and boat are available in more than 3,500 retail locations, including Best Buy, Canadian Tire, Centre Hi-Fi, Costco, Dumoulin, Future Shop, Home Hardware, London Drugs, Staples, The Source, Visions, Wal-Mart and 2001 Audio Video.

SIRIUS Canada's automotive partners include Aston Martin, Audi, Bentley, BMW, Chrysler, Dodge, Ford, Jaguar, Jeep, Land Rover, Lincoln, Mazda, Mercedes Benz, MINI, Mitsubishi, Pana-Pacific, Subaru, Volkswagen, Volvo and the Canadian Automobile Association (CAA). SIRIUS automotive partners make up nearly 60 per cent of light vehicle sales in Canada.

All SIRIUS programming is available for a monthly subscription fee of only $14.99. To listen to SIRIUS live, or to purchase a SIRIUS radio and subscription visit www.sirius.ca

SOURCE SIRIUS Canada

For further information:

Media Contact:

Jeff Roman
SIRIUS Canada
P: 416-346-5157
E:jroman@siriuscanada.ca

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SIRIUS Canada

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