Eddy W. Hartenstein joins XM Board Audit Committee - Orbitcast

Eddy W. Hartenstein joins XM Board Audit Committee

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Eddy W. Hartenstein, former chairman and CEO of DIRECTV, has joined the XM Satellite Radio's board Audit Committee. Hartenstein was elected to XM's board in May 2005

Hartenstein's appointment enables XM to meet Marketplace Rule 4350(d)(2) of the Nasdaq Stock Market, Inc., which requires an issuer's audit committee to be composed of at least three independent directors.

XM had fewer than three independent directors on its audit committee for four days, and Nasdaq rules would have allowed XM until its next annual meeting (anticipated for May) to meet the three independent director minimum.

[Press Release

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