In this paper, we have studied the FM-extended broadcasting which makes the enhancement of stereo signal-to-noise ration by utilizing the compression technique and quadrature moduation method of standard subcarrier signal in transmitter station, and corresponding demodulation method and expansion technique in receiver system. The proposed system is completely compatible with the conventional FM stereo system. We have confirmed the validity of the proposed method by implementation of transmitter/receiver system including quadrature modulation/demodulation and companding system.