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Technology Stocks : Audible Inc-(Nadaq-ADBL)

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To: Mohan Marette who started this subject2/21/2002 1:52:59 PM
From: Souze  Read Replies (1) of 165
 
Audible Advisor Selected by Handheld Computing Magazine as "Best Audio Product"Springboard(TM) Module for Listening to Audible.com Audio on Handspring(TM) Visors(TM) Awarded Top Honors among Palm-based Products in 2001

WAYNE, N.J., Feb 21, 2002 (BUSINESS WIRE) -- Audible, Inc. (NASDAQ: 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, today announced that its Audible Advisor(TM) Springboard(TM) module for Handspring(TM) Visors(TM) was awarded the title of "Best Audio Product" of 2001 by Handheld Computing Magazine, the industry's leading resource for information on Palm OS(R) technologies.

In related news, Handspring and Audible are currently featuring an Audible Giveaway sweepstakes (www.audible.com/contest) through March 12, 2002. Through website exposure and emails to Handspring Visor customers, 25 Audible Advisor modules ($129 value) will be given away and all entrants can download for free and listen to the best selling audiobook "A Beautiful Mind" by Sylvia Nasar.

The Handheld Computing awards, which were announced at last week's PalmSource conference in San Jose, Calif., honor the most innovative and noteworthy Palm(R) Powered products in 37 different categories.

"The Audible Advisor offers compelling content, ease of use and the ability to transform Handspring Visors into personalized readers of great spoken audio," said Rita Sharma, business development manager for Handspring. "This award reflects what we've been hearing from customers--the combination of Audible's audio information and entertainment with Visor offers a unique opportunity to make use of those times when people cannot or would prefer not to read."

The nominees for Handheld Computing Magazine's fourth annual Palm Powered Products of the Year Awards represented the best Palm Powered products released in 2001. All 17,000+ Palm-related products available during 2001 were eligible, with the winners and finalists selected based on the votes of Handheld Computing Magazine's editorial staff as well as input from the publication's readers.

With 16MB of storage capacity, the Audible Advisor is capable of storing and playing back more than 4.4 hours of Audible's Internet-delivered audio. Audible.com features daily audio editions of the Wall Street Journal and The New York Times -- available on a subscription basis in time for the morning drive to work each day--as well as The Economist, Forbes, Harvard Business Review, Scientific American and C-SPAN. The site also offers a powerful collection of audiobook best sellers and classics by authors such as Stephen King, John Grisham, Frank McCourt, Jon Krakauer, Scott Adams, Mary Higgins Clark, James Redfield, James Patterson, William Shakespeare, Emily Dickinson and Jane Austen. There are also speeches, lectures, and on-demand radio programs including Marketplace, All Things Considered, Car Talk, Fresh Air and This American Life. All of the programs at audible.com are available for PC-based playback and on-the-go listening using numerous AudibleReady(TM) portable digital audio players offered by leading consumer electronics and computer manufacturers.

"We are very pleased to win this award on behalf of Audible and our hardware design partner, Card Access," said Foy Sperring, senior vice president of strategic alliances. "We are also pleased to further introduce Audible's content to Handspring Visor owners at www.audible.com/handspring."

A feature article on the winners and finalists will appear in Handheld Computing Magazine's issue 5.1, which will be available in March 2002. For more information about the Best Palm Powered Products of 2001 Awards, visit www.hhcmag.com.

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 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.

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:

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