Audible, Inc. Launches Audible Brazil.Business Editors WAYNE, N.J.--(BUSINESS WIRE)--May 27, 2003 Audible, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ADBL ADBL Agricultural Development Bank Limited (Nepal) ): Two-Phase Plan Extends Audible.com's(R) Presence Into South America's Largest Internet Market Audible, Inc. (OTC BB: ADBL) announced today a strategic partnership with Ricardo Samuel Goldstein Sam Goldstein is a lawyer, a former playwright and the federal Conservative Party of Canada candidate for Trinity-Spadina in the 39th Canadian general election. He was born in Ottawa and received his Bachelor of Arts from Carleton University before earning a Master of Arts , a leading Brazilian Internet entrepreneur An Internet Entrepreneur is a person that engages in business on the internet and helps to shape the future of business on the internet by being an innovator. One who is able to recognize opportunity and administer resources to take advantage of the opportunities. , to launch www.audible.com.br, a Portuguese language Portuguese language, member of the Romance group of the Italic subfamily of the Indo-European family of languages (see Romance languages). It is the mother tongue of about 170 million people, chiefly in Portugal and the Portuguese islands in the Atlantic (11 million information and entertainment audio download service. Audible.com is the leading online retailer of audiobooks, audio editions of newspapers and periodicals, and public radio programs for download and mobile listening. Goldstein is currently developing affiliate relationships with leading Brazilian Web sites to market and promote Audible's English language English language, member of the West Germanic group of the Germanic subfamily of the Indo-European family of languages (see Germanic languages). Spoken by about 470 million people throughout the world, English is the official language of about 45 nations. audio content. This is the first step in a broader business relationship in which Audible will provide its broad digital spoken audio expertise to create a Portuguese language spoken audio service for downloading Portuguese audiobooks, audio editions of newspapers and magazines, and more. The second phase of Audible Brazil is expected to launch by early 2004. Audible Brazil will introduce new spoken audio products in the Portuguese language, acquired, developed, and marketed specifically for the Brazilian market. "We are pleased to be working with Ricardo Samuel Goldstein on the first of what we anticipate will be many international expansions of Audible's Internet audio See RealAudio. service," stated Guy Story, Chief Scientist, Audible, Inc. "The combination of Brazil's 14 million Internet users, Goldstein's business experience and Audible's leading brand and expertise in delivering premium spoken audio programming promises great success." "As a long-time Audible customer, I am very excited to take the lead in bringing this service to Brazil," stated Ricardo Samuel Goldstein. "Brazil's growth in Internet usage is among the fastest in the world and by far the largest in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . I am convinced that this partnership with the leading spoken audio service will be attractive to Brazilian Internet users." About Audible.com: Audible.com, recently named the best consumer Web service by CNet.com (April 2003), and one of the "Best of Today's Web" by PC World (August 2002) features daily audio editions of The Wall Street Journal and The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times -- available on a subscription basis in time for the morning drive to work each day--as well as Forbes, Harvard Business Review Harvard Business Review is a general management magazine published since 1922 by Harvard Business School Publishing, owned by the Harvard Business School. A monthly research-based magazine written for business practitioners, it claims a high ranking business readership and , Scientific American and Fast Company. The site offers a powerful collection of audiobook best sellers and classics by authors such as Tom Clancy, Stephen King, John Grisham, Mary Higgins Clark Mary Theresa Eleanor Higgins Clark Conheeney, best known as Mary Higgins Clark, (b December 24, 1927 in the Bronx, New York) is an American author of suspense novels. , James Patterson, the Dalai Lama, David McCullough, Stephen Hawking, William Shakespeare, Emily Dickinson and Jane Austen. There are also speeches, lectures, and on-demand radio programs including Marketplace, All Things Considered All Things Considered (ATC) is a news radio program in the United States, broadcast on the National Public Radio network. It was the first news program on the network, and is broadcast live worldwide through several outlets. , Car Talk, Fresh Air and This American Life This American Life (TAL) is a weekly hour-long radio program produced by Chicago Public Radio. It is distributed by Public Radio International and is also available as a free weekly podcast. , and original shows such as RobinWilliams@audible.com. All of the programs at audible.com are available for computer-based playback, burning to audio CD, and on-the-go listening using numerous AudibleReady(TM) portable digital audio players offered by leading consumer electronics and computer manufacturers. 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 and playback on personal computers, CD or AudibleReady(R) computer-based mobile devices. Audible has more than 34,000 hours of audio programs and 135 content partners that include leading audiobook publishers, broadcasters, entertainers, 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 Apple Corp., Casio Inc., Handspring, Hewlett-Packard Company, Microsoft Corporation, Palm, Inc., Royal Philips Electronics, RealNetworks, Inc., SONICblue Incorporated's Rio Audio Group, Sony Electronics, Texas Instruments and VoiceAge Corp. Audible, www.audible.com and AudibleReady are registered trademarks of Audible, Inc.; AudibleListener and Otis trademarks 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. |
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