Time Trax to Launch SIRIUS Recording Capability; Time Trax Also Unveils Seamless Satellite Radio iPod Integration

Business Wire, Jan 6, 2005

WASHINGTON -- Time Trax Technologies, whose hardware and software products allow people to easily record satellite radio broadcasts, is today announcing its latest developments at the Consumer Electronics Show in Las Vegas. The company's newest offerings provide TimeTrax users a choice between SIRIUS and XM satellite radio broadcast networks.

TimeTrax will unveil its SIRIUS-compatible products as part of the Innovations Plus forum of CES, a section dedicated to companies making ground-breaking products. Time Trax's patent-pending recording software, called TimeTrax, brings commercial-free satellite radio to a new level, offering portable, personalized programming through its automatic recording capability.

A first-of-its-kind product, TimeTrax defines the digital audio recorder (DAR) market. A powerful DAR, TimeTrax is changing the landscape of traditional radio broadcast programming, so that consumers now create programming themselves, deciding what they listen to when they listen to it.

With the launch of SIRIUS compatibility, TimeTrax users can now save SIRIUS broadcasts from 65 channels of music and more than 50 channels of sports, news and entertainment programming, much of it exclusive to SIRIUS. The TimeTrax technology makes it possible to record any of these broadcasts for later access in one of 6 digital formats, putting the controls in the hands of the listener.

Also at the show, Time Trax will introduce new technology that integrates the TimeTrax Connect(C) with an iPod docking station, providing seamless on-the-go access to the personalized programming that consumers create with the TimeTrax software.

"Time Trax's popularity is growing by leaps and bounds," said TimeTrax CEO Elliott Frutkin. "We've experienced exponential adoption in recent months, with more than 250,000 total users. Not since the advent of peer-to-peer networks has a homegrown consumer digital music technology had such rapid viral adoption."

"The launch of SIRIUS and iPod-compatible products brings the possibility of 'ultimate radio control' and more choice to our users. We're very proud of our innovation and these new first-of-their-kind products - this couldn't be a more exciting time for a hot small company like Time Trax."

Time Trax leads the consumer push towards personalized programming, with technology that allows radio listeners to automatically record satellite radio broadcasts to enjoy at any time. With products for both XM and SIRIUS, the leaders in satellite radio programming, TimeTrax makes it even easier for individuals to listen to what they want, when they want it.

TimeTrax Complete(TM) for SIRIUS includes everything users need to experience the TimeTrax revolution (SIRIUS tuner, TimeTrax Connect USB adapter, TimeTrax software license and all cables and accessories - SIRIUS subscription required and not included). TimeTrax Complete(TM) is available for purchase at www.timetraxtech.com.

At the TimeTrax CES booth (# IP625), attendees will be able to experience a TimeTrax demo and receive a free CD of music from a variety of artists including Emergency Music, Mittens and Promenade.

About Time Trax Technologies Corp.

TimeTrax lets you record XM and SIRIUS broadcasts including music, talk, news, sports, comedy and more. Content is stored on your hard drive as individual MP3s (or any other of six file formats), ready for a CD-R, your MP3 player or to enjoy right on your computer. A first-of-its-kind product, TimeTrax defines the digital audio recorder (DAR) market. A powerful DAR, TimeTrax is changing the landscape of traditional radio broadcast programming, so that consumers now create programming themselves, deciding what they listen to when they listen to it.

Whether through the TimeTrax 10-event scheduler, the iPod syncing cradle, or the soon-to-be-released recommendation service, TimeTrax users control their personalized content.

TimeTrax was conceived in 2004 by Toronto, Canada software developer G. Scott MacLean. www.timetraxtech.com