ADBL @ 17
Provider of Internet-delivered premium spoken audio content for playback on personal computers and mobile devices.
CEO: Andrew J. Huffman
CFO: Anthony T. Nash
Filed on: 4/26/99
Ticker: ADBL
Price: $9
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SIC 7375
State of Incorporation DE
Employees, Full-time|Part-time 39
Fiscal Year-End 12/31
Revenue $0.4 Mln (FY 98)
Net Income $(8.1 Mln)
Lead Underwriter CS FIRST BOSTON CORP
Est. Offering Amount 46000000
Underwriters
CS FIRST BOSTON CORP
JP MORGAN SECURITIES INC
VOLPE BROWN WHELAN & CO LLC
WIT CAPITAL CORP
Company Description
We are the leading provider of Internet-delivered premium spoken audio
content for playback on personal computers and mobile devices. We have the
largest and most diverse collection of premium digital spoken audio content
available for download on the Internet for playback on personal computers and
mobile devices, most of which is currently available only through our Web site,
audible.com. Visitors can browse, sample, purchase, subscribe, schedule and
download more than 15,000 hours of audio content available on our Web site,
including over 2,800 audio versions of books from publishers such as Bantam
Doubleday Dell Publishing and Random House Publishing, each a division of
Random House, Inc., Dove Audio, Harper Audio, Simon & Schuster Audio and Time
Warner AudioBooks. We also have audio versions of periodicals such as The New
York Times, The Wall Street Journal and The Economist, and radio programs such
as Car Talk, Fresh Air, Marketplace and News From Lake Wobegon. Download and
playback of this content is available on personal computers and AudibleReady
mobile devices. Compaq, Creative Labs, Diamond Multimedia, Everex and Philips
have agreed to support the AudibleReady format on their mobile audio-enabled
devices.
Name of Beneficial Owner Owned Offering Offering
------------------------ ------------ -------- --------
Patricof group (1)................. 1,401,794 10.0%
c/o Patricof & Co. Ventures, Inc.
445 Park Avenue, 11th Floor
New York, NY 10022
Kleiner Perkins group (2).......... 1,356,008 9.6
2750 Sand Hill Road
Menlo Park, CA 94025
Microsoft Corporation (3).......... 1,350,000 9.6
One Microsoft Way
Redmond, WA 98052-6399
Ironwood Capital L.L.C. (4)........ 1,080,063 7.7
2241 Lundy Avenue
San Jose, CA 95131
AT&T group (5)..................... 1,031,261 7.3
c/o AT&T Ventures
295 North Maple Avenue
Basking Ridge, NJ 07920
CPQ Holdings, Inc. (6)............. 750,000 5.4
20555 SH 249
Houston, TX 77070
Richard Brass...................... -- --
R. Bradford Burnham (7)............ 1,031,261 7.3
W. Bingham Gordon (8).............. 62,500 *
Thomas Hirschfeld (9).............. 1,401,794 10.0
Winthrop Knowlton (10)............. 57,500 *
Timothy Mott (11).................. 1,580,063 11.3
Andrew J. Huffman (12)............. 1,000,000 7.1
Donald R. Katz (13)................ 1,000,000 7.1
Brian Fielding (14)................ 175,000 1.3
J. Travis Millman (15)............. 200,000 1.4
Guy Story, Jr. (16)................ 250,000 1.8
All officers and directors
as a group (14
people) (17)...................... 7,208,118 50.6 |
