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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: JRH who wrote (3791)7/15/1999 9:39:00 AM
From: Teflon   of 54805
 
Well, well, look what we have here!!!!!! Frank and Justin, I woke up this morning and look what hit the wires (as a disclaimer, I have NO inside information):

biz.yahoo.com

audiohighway.com and Microsoft Team Up to Launch
Audiobooks Pilot On Microsoft's WindowsMedia.com Site

-- audiohighway.com to be Featured Content Provider for the WindowsMedia.com Audiobooks Channel --


CUPERTINO, Calif.--(BUSINESS WIRE)--July 15, 1999-- audiohighway.com (Nasdaq:AHWY - news), an Internet-based
information and entertainment company, today announced that the company will pilot an audiobooks channel on the popular
WindowsMedia.com Web site (http://www.windowsmedia.com).

Under the agreement, Microsoft (Nasdaq:MSFT - news) will feature links from the home page of WindowsMedia.com to
audiohighway.com's audiobooks channel.

''WindowsMedia.com is where users can experience the most innovative multimedia content on the Internet,'' said Bill
Spencer, director of Business Development at Microsoft. ''audiohighway.com is one of the most popular sites we link to,
and it was selected as a featured audiobooks content provider due to its extensive and compelling collection of audiobooks.''

An agreement, signed in March of this year, integrated audiohighway.com's extensive library of free audio content via
headlines on WindowsMedia.com's Music and Entertainment channels. Both agreements are designed to create greater
awareness of audiohighway.com's audio content and drive more traffic to the site. audiohighway.com is currently featured on
the WindowsMedia.com home page and throughout the MSN site.

From the WindowsMedia.com site, visitors will be directed to audiohighway.com, where they can stream and listen to
hundreds of free audiobooks using Microsoft Windows Media Player. Users can select from current and classic books such
as ''The Deep End of the Ocean,'' ''Mortal Fear,'' ''1984'' and ''The Wizard of OZ.''

''We are excited about the audiobooks pilot and see it as an opportunity to continue and expand our relationship with
Microsoft,'' said Jay Adams, director of business development for audiohighway.com. ''Providing the content for the
audiobooks channel, combined with our current presence on WindowsMedia.com site, holds tremendous potential for
audiohighway.com from both traffic-building and e-commerce standpoints. Naturally, we feel very comfortable utilizing
Microsoft Windows Media Technologies for audiohighway.com's broad library of content because it offers a unique
combination of the best audio quality and secure content technologies.''

audiohighway.com is an Internet-based information and entertainment company that has built one of the largest libraries of
free audio content for consumers on the Internet. Consumers visiting the company's Web site (www.audiohighway.com) can
access thousands of hours of audiobooks, music, news, entertainment, education and information selections in a number of
Internet audio formats (including MP3 and the company's own AudioWiz(TM)) through 10 audio channels. In addition, the
site is updated throughout each day with timely news and information feeds. This free audio content can be streamed via the
Internet directly to PCs for immediate listening or downloaded for future playback. For more information, contact the
company at 408/255-5301 or 800-77LISTEN.

The statements made in this release that are not historical facts contain forward-looking information that involves risks and
uncertainties. Important factors that may cause actual results to differ include, but are not limited to, the impact of
competitive products and services, the company's ability to manage growth and acquisitions of technology or businesses, the
effect of economic and business conditions, and other risks detailed from time to time in the company's filings with the
Securities and Exchange Commission.

audiohighway.com and AudioWiz are trademarks of audiohighway.com. All other trademarks are the property of their
respective owners.


Stock is up 4 in premarket trading....
Teflon
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