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 |