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Technology Stocks : Audible Inc-(Nadaq-ADBL)

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To: Mohan Marette who wrote ()8/11/1999 2:58:00 PM
From: Candle stick   of 165
 
Federal News Service and Audible Partner to Deliver
Premium Online Audio

Many Federal News Service Popular Features Now Available Exclusively in Audio and Every Day
at Audible.com

WASHINGTON and WAYNE, N.J., Aug. 11 /PRNewswire/ -- Federal News Service, a division of Data Broadcasting
Corporation (Nasdaq: DBCC - news), and Audible, Inc. (Nasdaq: ADBL - news), have announced that audio from The
National Press Club, government daily briefings, Presidential statements, and audio from many other Federal-related sources, is
now available exclusively at audible.com (TM) (www.audible.com), a leading provider of Internet-delivered premium spoken
audio content for playback on PCs and mobile devices.

For the first time Internet users can listen to voices of American and international political and economic leaders concerning
political issues and official Government policy in an unabridged, timely and listener-friendly format.

''Audible's unique service showcases our audio content and creates a direct link to individuals with the desire to listen to their
leaders' important announcements and pronouncements, inside or outside The Beltway,'' stated Cortes W. Randell, president of
Federal Service. ''We will be working together with Audible to expand our offerings through Audible's Internet delivery
system.''

''Federal News Network is an excellent source of Washington, D.C. information that brings the voices of Bill Clinton, Alan
Greenspan, and other key political and economic policy leaders straight to the Audible listener,'' said Don Katz, chairman and
founder of Audible, Inc. ''Federal News adds strength and depth in essential public and economic policy to Audible's growing
list of premium audio content providers.''

Audio content from Federal News Network can be conveniently heard on PC desktops or by using ''AudibleReady(TM)''
portable devices such as the new Palm- size PCs powered by Microsoft® Windows® CE, as well as the Audible
MobilePlayer(TM), a mobile digital audio playback device.

About Audible, Inc.

Audible is one of the Internet's largest and most diverse provider of premium spoken audio content for playback on personal
computers and mobile devices. Founded in 1995 and headquartered in Wayne, N.J., Audible allows customers to take better
advantage of their commute, travel and desktop computer time by delivering premium information and entertainment when their
eyes are busy but their minds are free. Audible's content partners include more than 100 leading audiobook publishers,
broadcasters, magazine and newspaper publishers, business information providers, and educational and cultural institutions.
Visitors to www.audible.com can browse, sample, purchase, subscribe, schedule and download more than 17,000 hours of
these partners' audio content. The Company's financial and technology partners include Kleiner Perkins Caufield & Byers,
Patricof & Co., The Thompson Corporation, Microsoft Corp., AT&T, The Intel Corporation, Compaq Computer
Corporation, and RealNetworks. Audible Inc.'s mission is to focus on audio content sourcing, development, packaging,
delivery, and playback, as well as the advancement of platform, tools, services, and varied licensing opportunities afforded by
the Audible Internet audio service. The Company's initial public offering occurred on July 16, 1999.

About Federal News Service

Since 1985, Federal News Service has been the premier provider of verbatim transcripts, audio and video cassettes of the
daily speeches, statements, briefings and interviews from Washington each day. Federal News Service also covers 75
Congressional committees and sub-committees, provides broadcast monitoring services, and operates a fully staffed bureau
providing similar services in Moscow, Russia.

Statement from Audible: The statements contained in this release which are not historical facts may be deemed to contain
forward-looking statements. Actual results may differ materially from those anticipated in any forward-looking statements as a
result of certain risks and uncertainties, including, without limitation, Audible's limited operating history, history of losses,
uncertain market for its services, and its inability to license or produce compelling audio content and other risks and
uncertainties detailed in the company's Securities and Exchange Commission filings.

SOURCE: Audible, Inc.

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Audible Inc (Nasdaq:ADBL - news)
Data Broadcasting Corp (Nasdaq:DBCC - news)
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