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Audible and Roxio Partner to Enable Consumers to Burn CDs of Premium Spoken-word Audio.


Business & Technology Editors

WAYNE, N.J. & MILPITAS, Calif.--(BUSINESS WIRE)--Mar. 4, 2002

Roxio, (Nasdaq:ROXI), the Provider of The Best Selling Digital Media Software in the World, and Audible, Inc. (Nasdaq:ADBL ADBL Agricultural Development Bank Limited (Nepal) ), the Internet's leading provider of premium, spoken word audio for PC-based listening or mobile playback, announced today that the two companies have partnered to add CD burning functionality to audible.com's premier audio service as well as to distribute and market the Audible(R) service via Roxio's extensive retail and Web distribution channels.

Customers will be able to burn CDs of Audible's downloadable spoken audio titles, with content ranging from audio editions of 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, Scientific American Scientific American

U.S. monthly magazine interpreting scientific developments to lay readers. It was founded in 1845 as a newspaper describing new inventions. By 1853 its circulation had reached 30,000 and it was reporting on various sciences, such as astronomy and
, Forbes, and Fast Company, to original programming from Robin Williams (RobinWilliams@audible.com), to best selling audiobooks by John Grisham “Grisham” redirects here. For other uses, see Grisham (disambiguation).

John Ray Grisham (born February 8, 1955) is a former politician, retired attorney, American novelist and author best known for his works of modern legal drama.
, Stephen King <noinclude></noinclude>

For other people named Stephen King, see Stephen King (disambiguation).


Stephen Edwin King (born September 21, 1947) is an American author of over 200 stories including over 50 bestselling horror and
, Anne Rice, Stephen Ambrose Stephen Edward Ambrose (January 10, 1936 – October 13, 2002) was an American historian and biographer of U.S. Presidents Dwight Eisenhower and Richard M. Nixon. He received his Ph.D. in 1960 from the University of Wisconsin-Madison. , and other authors. CD burning functionality for audible.com content is scheduled to be available the second quarter of 2002.

"Partnering with Audible delivers on Roxio's commitment to continue to bring the best content in the world to Roxio customers. Audible has been a digital media pioneer and leads the industry in providing superior entertainment and information to its customers," said Chris Gorog, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  at Roxio. "This relationship further illustrates the dramatic changes that are taking place in the way content is distributed and the pivotal role of burning in providing consumers instantaneous access to world class content."

"Roxio has rapidly built strong brand recognition for its best selling CD burning software, Easy CD Creator Adaptec Easy CD Creator is a CD authoring program bundled with many early CD writers.

It was part of a suite often just known as Adaptec Easy CD Creator, which consisted of:
  • CD Creator itself.
  • A CD copying program.
  • DirectCD, a packet writing program.
, and continues to enhance its powerful channel that touches tens of millions of consumers who burn their own CDs every day," said Donald Katz, chairman and CEO at Audible, Inc. "Now audible.com's premium audio services will be available through Roxio's distribution reach, which includes consumers at retail, at the desktop, and via the Web. This partnership is an important step for the emerging digital marketplace."

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 150 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 Card Access Inc., Casio Inc., Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees.

Quarterly sales $2499M, profits $210M (Aug 1994).

http://compaq.com/.
, Handspring, Hewlett-Packard Company, Microsoft Corporation (company) Microsoft Corporation - The biggest supplier of operating systems and other software for IBM PC compatibles. Software products include MS-DOS, Microsoft Windows, Windows NT, Microsoft Access, LAN Manager, MS Client, SQL Server, Open Data Base Connectivity (ODBC), MS Mail, , Royal Philips Electronics, RealNetworks, Inc., SONICblue Incorporated's Rio Audio Group, Sony Electronics, Texas Instruments and VoiceAge Corp.

About Roxio

Roxio, Inc. (Nasdaq:ROXI) provides the Best Selling Digital Media Software in the World. Roxio makes award-winning software products for CD/DVD burning, photo editing and video editing. Roxio's family of products includes category-leading products Easy CD Creator(R)(Windows) and Toast(R)(Macintosh) for CD/DVD burning, PhotoSuite(R)for digital photography, and VideoWave(R)for digital video. Roxio also makes GoBack(R), the #1 selling system recovery software that enables PC users to instantly recover from system crashes, virus attacks and data loss. Roxio distributes its products globally through strategic partnerships with major hardware manufacturers, in stores with the leading worldwide retailers, through Internet partnerships and also sells its products direct at www.roxio.com. Headquartered in Milpitas, California, Roxio also maintains offices in Minnesota, Canada, United Kingdom, Netherlands, Germany and Japan. The company currently employs more than 400 people worldwide. Roxio is a member of the S&P SmallCap 600 and the Russell 2000 Index Russell 2000 Index

An index measuring the performance of the 2,000 smallest companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000 serves as a benchmark for small-cap stocks in the United States.
.

Copyright(c)2002 Roxio, Inc. and Audible, Inc. All rights reserved. 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. Roxio, the Roxio logotype, and the Roxio tagline are trademarks of Roxio, Inc., which may be registered in some jurisdictions. Easy CD Creator, GoBack, and Toast are registered trademarks of Roxio, Inc. in the United States and may be registered in other jurisdictions. PhotoSuite and VideoWave are registered trademarks of MGI MGI Mouse Genome Informatics
MGI Modular Gateway Interface
MGI McKinsey Global Institute
MGI Military Geographic Information
MGI Marine Geological Institute
MGI Policy on the Management of Government Information (Canada) 
 Software Corp., a subsidiary of Roxio, Inc., in the United States and may be registered in other jurisdictions. All other trademarks used are owned by their respective owners.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statements

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.

Except for historical information, the matters discussed in this press release, particularly those relating to Roxio, Inc. and the availability of its CD burning functionality in the Audible service, may contain forward-looking statements that are subject to certain risks and uncertainties, including software bugs and delays in product development that could cause actual results to differ materially from those projected. Additional information on these and other factors are contained in Roxio's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 and in Roxio's Quarterly Report on Form 10-Q Form 10-Q

See 10-Q.
 filed with the Securities and Exchange Commission on June 29, 2001 and February 14, 2002, respectively, copies of which are available from Roxio's Investor Relations Investor relations

The process by which the corporation communicates with its investors.
 Department. Roxio assumes no obligation to update the forward-looking statements included in this press release.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 4, 2002
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