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Technology Stocks : Audible Inc-(Nadaq-ADBL)

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To: Mohan Marette who started this subject12/19/2001 8:17:09 AM
From: Souze   of 165
 
Audible.com Announces Content Distribution Agreement With RealNetworks
Audible.com's Exclusive Spoken Audio Programs Featured in RealNetworks' RealOne
WAYNE, N.J., Dec 19, 2001 (BUSINESS WIRE) -- Audible, Inc. (NASDAQ NM: ADBL chart, msgs) the leading provider of downloadable spoken audio that informs and entertains anywhere and at anytime with audio editions of books, newspapers, magazines, radio programs and original shows, announced that it will provide audio content for RealNetworks'(R), Inc. (Nasdaq: RNWK chart, msgs) RealOne(TM), the single source for consumers to discover, play and manage the best in brand-name digital programming - music, entertainment, sports, news and more.

RealOne subscribers will now have the opportunity to enjoy portions of audio books by John Grisham, Deepak Chopra, Bill O'Reilly, episodes from the Star Trek audiobook series, and Audible's original program from `sexpert' Susie Bright.

"On behalf of the authors and publishers whose works we commercially distribute, we are delighted with this opportunity to promote the benefits of listening to the spoken word," said Brian Fielding, executive vice president for Programming, Audible, Inc. "We value the opportunity to convert the millions of users of RealOne into spoken audio consumers."

"RealNetworks is committed to bringing top quality content to our RealOne subscriber base," said Scott Ehrlich, vice president, Programming, RealNetworks, Inc. "The premium audiobooks and original shows provided by Audible have been very popular to visitors at Real.com and we are pleased to now offer this content to our RealOne subscribers."

About Audible, Inc.

Audible(R) (www.audible.com(R)) is the Internet's largest, most diverse provider of premium spoken audio services for content download or playback on personal computers or AudibleReady(TM) PC-based mobile devices. Audible has more than 32,000 hours of audio programs and 165 content partners that include leading audiobook publishers, broadcasters, magazine and newspaper publishers and business information providers. Audible.com(R) is Amazon.com's (www.amazon.com) exclusive provider of spoken word products for downloading or streaming via the Web. Additionally, the Company is strategically aligned with Random House, Inc., to pioneer the first-ever imprint to produce spoken word content specifically suited for digital distribution, Random House Audible. Among the Company's key business partners are Card Access Inc., Casio Inc., Compaq Computer Corporation, Handspring, Hewlett-Packard Company, Microsoft Corporation, Royal Philips Electronics, RealNetworks, Inc., SONICblue Incorporated's Rio Audio Group, Sony Electronics, Texas Instruments and VoiceAge Corp.

Audible and www.audible.com are registered trademarks of Audible, Inc.; AudibleReady is a trademark of Audible, Inc. and all are part of the family of Audible, Inc. trademarks.

RealNetworks, Real.com and RealOne are trademarks or registered trademarks of RealNetworks, Inc.

Other product or service names mentioned herein are the trademarks of their respective owners.

This press release contains information about Audible, Inc. that is not historical fact and may be deemed to contain forward-looking statements about the company. 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.
Contact:

Audible, Inc.
Jonathan Korzen, 973/837-2718
jkorzen@audible.com
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