Sirius Shareholders Issue Demand for Review of Books and Records Under Delaware Law Statute 220

Sirius Shareholders Issue Demand for Review of Books and Records Under Delaware Law Statute 220

LOS ANGELES, Jan. 14 /PRNewswire/ -- The following is being issued by "SaveSirius.org":

Pursuant to Statute 220 of Delaware Law, the following documents are being requested by Michael Hartleib on behalf of SaveSirius.org for the benefit of Sirius XM Satellite Radio shareholders.

   --  List of current shareholders   --  All documents related to the Shareholder Vote approving the merger       between Sirius and XM including documents from the tabulator and proxy       firm of said vote   --  All documents, including internal memorandums, regarding the       companies' compliance with the FCC Interoperability Mandate   --  All documents from Interoperable Technologies LLC regarding the       development of interoperable radios and plans to market said devices.       These documents are to include the white paper report by Michael       Deluca which was held under double protective orders during the FCC       merger proceedings and was withheld from the DOJ Anti-Trust Division   --  Un-redacted draft of the Joint Development Agreement between Sirius       and XM which led to the creation of Interoperable Technologies LLC   --  Correspondence between Mr. Karmazin and Mr. Leon Black involving       discussions of privatizing Sirius XM, including any related internal       memorandums   --  All correspondence between Sirius General Counsel, Patrick Donnelly       and Simpson Bartlett and Thatcher in regards to the litigation       entitled "Gregory Brockwell v Sirius Satellite Radio"    

"It has become clear that the Board of Directors, past and present, is being influenced by General Counsel for the Company, Patrick Donnelly, as well as Chief Executive Officer, Mel Karmazin, for their unjust enrichment and agendas at the expense of their shareholders. Management of this company has lost all objectivity under the leadership of Mr. Karmazin and General Counsel, Patrick Donnelly, and has done nothing to enhance shareholder value," said Michael Hartleib on behalf of SaveSirius and its members.

Senator Brownback of Kansas has accused Mr. Karmazin of misleading and being "less than candid" with members of Congress and stated in his letter to the Chairman of the Judiciary Committee, Patrick Leahy, dated June 10, 2008, "The integrity of government decision-making affecting competition, markets and antitrust law enforcement is at stake in this matter. It is our duty to oversee the process on this merger to ensure that justice is done."

"The 'white paper report' by Michael Deluca which outlined the companies' reasoning for not 'commercially marketing' interoperable radios, as the companies understood this would create true competition, was wrongfully held under double protective orders by the FCC in an attempt to obfuscate the truth and hide a crime. Sirius and XM colluded and conspired to restrain free trade and ignored their mandate to 'commercially market interoperable radios.' If interoperable radios were available to consumers, there would have been no need to merge these two companies as 'a merger of equals,'" said Michael Hartleib on behalf of SaveSirius and its members.

As per Statute 220 of Delaware Law, they have five (5) days to provide access to this documentation.

   Contact:    Michael Hartleib    (949) 795-0580    SaveSirius.org    savesirius@gmail.com  

First Call Analyst:
FCMN Contact:

Source: SaveSirius.org

CONTACT: Michael Hartleib of SaveSirius.org, +1-949-795-0580,
savesirius@gmail.com

Web Site: http://savesirius.org/

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Profile: International Entertainment