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Technology Stocks : Audible Inc-(Nadaq-ADBL)

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To: ~digs who wrote (114)11/10/1999 7:46:00 PM
From: BAXTERBOO   of 165
 
Wednesday November 10, 9:11 am Eastern Time
Company Press Release
Audible to Support Microsoft Windows Media Device Manager
Spoken Audio Innovator to Promote Windows Media in AudibleReady-TM- Relationships
WAYNE, N.J.--(BUSINESS WIRE)--Nov. 10, 1999--Audible, Inc. (Nasdaq: ADBL - news) a leader in secure distribution of premium spoken audio via the Internet, welcomes the announcement today of the Windows Media Device Manager beta release. By facilitating interoperability between portable audio devices and media management software applications, Windows Media Device Manager will expand the market for mobile playback of Internet audio.

``We are delighted to further our relationship with Microsoft by supporting Windows Media Device Manager and adding the user benefits that distinguish the Audible spoken audio service,' stated Travis Millman, vice president of business development for Audible, Inc. ``We believe WMDM will make it easier for portable audio device customers to access Audible content.'

``Companies now more than ever are looking for easier more standardized ways to transfer digital media to and from PCs,' said Dave Fester director of Marketing, Streaming Media Division, Microsoft Corp. ``We're excited to be working with a leader in spoken audio like Audible to provide secure solutions and fuel the rapid growth of digital media across the industry.'

Beginning with the introduction of the first secure digital audio playback device, the Audible MobilePlayer(TM), Audible has been an innovator in the field of Internet-delivered spoken audio. Through the company's AudibleReady(TM) compatibility program, a variety of portable devices such as Diamond Multimedia Systems' Rio 500 and Palm-size PCs powered by the Microsoft Windows CE operating system can access the more than 18,000 hours of premium spoken word audio available through the audible.com Internet audio service. By combining the spoken audio features embodied in the AudibleReady program with Windows Media Device Manager's security capabilities and widespread industry support, the development of AudibleReady portable devices and software applications will be streamlined and accelerated.

Portable device manufacturers and media management application developers interested in making their products AudibleReady are encouraged to contact Audible directly.

About Audible, Inc.

Audible is one of the Internet's largest and most diverse providers of premium spoken-audio content for playback on personal computers and AudibleReady(TM) mobile devices. 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 leading audio book publishers, broadcasters, magazine and newspaper publishers, business information providers, and educational and cultural institutions. Visitors to www.audible.com (TM) can browse, sample, purchase, subscribe to, schedule and download more than 18,000 hours of audio content. The company's technology partners include AT&T Corp., Casio Inc., Compaq Computer Corporation, Creative Labs Inc., Diamond Multimedia Systems Inc., Everex Systems Inc., The Intel Corporation, Microsoft Corporation, Philips Electronics N.V., and RealNetworks, Inc.

This press release contains information which is not historical fact and 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.

Other product and company names herein may be trademarks of their respective owners. AudibleReady, audible.com, Audible MobilePlayer are trademarks of Audible, Inc.

--------------------------------------------------------------------------------
Contact:

Press Contact:
Jonathan Korzen
Audible, Inc.
973/890-4070 Ext. 218
jkorzen@audible.com
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