To: Doug Robinson who wrote (62830 ) 3/18/1999 12:52:00 PM From: Nescom Respond to of 119973
AHWY NEws MICROSOFT!!! Going to $16... audiohighway.com Signs Agreement with Microsoft to Provide Audio Content for Microsoft Network's New Web Events Site Business Wire - March 18, 1999 12:44 CUPERTINO, Calif.--(BUSINESS WIRE)--March 18, 1999-- Agreement to Drive Traffic and Additional Revenues to audiohighway.com, While Providing Thousands of Hours of High-Quality Content for Web Events Users audiohighway.com (Nasdaq:AHWY), an Internet-based information and entertainment company, Thursday announced it has entered into a content agreement with Microsoft Corp. (Nasdaq:MSFT) to provide audio content for the MSN network of Internet services' upgraded Web Events site. MSN's new Web Events site (webevents.msn.com) went "live" today and features links to other Web sites that support Microsoft's Media Player audio and video technology. Under terms of the agreement, audiohighway.com will integrate its extensive library of free audio content via headlines on Web Events' music and entertainment categories. Clicking on these headlines will allow Web Events' users to stream and listen to the latest in free audio content from the audiohighway.com Web site (www.audiohighway.com) such as music, news, entertainment and comedy selections. For its part, audiohighway.com hopes to generate increased advertising and e-commerce revenues as a result of the additional traffic to its Web site from Web Events visitors, while Microsoft anticipates increased use of its Windows Media Player from the agreement. Initially, audiohighway.com's audio content headlines will be found in the business, computers, entertainment and music pages on Web Events. audiohighway.com expects to have additional free audio content listed in Web Events' education, lifestyles and shopping pages within the next 30 days. "This agreement with MSN is the first of many forthcoming agreements designed to create greater awareness of audiohighway.com's free audio content and drive more traffic to our site," said Jay Adams, audiohighway.com's director of business development. "By bringing more Internet users to the audiohighway.com site, we hope to generate more advertising and e-commerce revenues. Similarly, since our content supports Microsoft's Windows Media Player, we are also encouraging increased use of their audio player. It's a win-win situation for both companies and one that we're happy to be involved with." Adams said audiohighway.com's content is listed on Web Events with many of the Internet's most popular sites, such as broadcast.com, CNN, and Fox among others - a feat he feels demonstrates the strength and diversity of audiohighway.com's audio library. Bill Spencer, director of business development at Microsoft, believes the diversity of audiohighway.com's content enhances the overall Web Events experience for users. "We've created the Web Events site to be sort of a central gathering place for Internet users," Spencer said. "We're striving to find the best available content, whether audio or video, and bring it all to one easily accessible place for users of Windows Media Player. "audiohighway.com has some of the most diversified audio content available anywhere on the Internet, so integrating its content into our site is a tremendous asset to our users." audiohighway.com is an Internet-based information and entertainment company that has built one of the largest libraries of free audio content for consumers on the Internet. Consumers visiting the company's Web site (www.audiohighway.com) can access thousands of hours of audiobooks, music, news, entertainment, education and information selections in a number of Internet audio formats (including MP3 and the company's own AudioWiz(TM)) through eight audio channels. In addition, the site is updated throughout each day with timely news and information feeds. This free audio content can be streamed via the Internet directly to PCs for immediate listening or downloaded for future playback. For more information, contact the company at 408/255-5301 or 800-77LISTEN. Note to Editors: The statements made in this release that are not historical facts contain forward-looking information that involves risks and uncertainties. Important factors that may cause actual results to differ include, but are not limited to, the impact of competitive products and services, the company's ability to manage growth and acquisitions of technology or businesses, the effect of economic and business conditions, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. audiohighway.com and AudioWiz are trademarks of audiohighway.com. All other trademarks are the property of their respective owners. CONTACT: audiohighway.com, Cupertino Nathan Schulhof, 408/255-5301 nathan@audiohighway.com or Politis Communications David Politis, 801/523-3730 (work) 801/598-3730 (mobile) dpolitis@politis.com