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Audible.com's 30,000 Hours of Downloadable Audio Available for Play On Iomega HipZip.


Business/Technology Editors

WAYNE, N.J.--(BUSINESS WIRE)--May 31, 2001

AudibleReady(TM) HipZip(TM) Can Store and Play

Internet-Delivered Audiobooks, Newspapers, Comedy,

Magazines, Public Radio And More from www.audible.com

Audible, Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: ADBL ADBL Agricultural Development Bank Limited (Nepal) ) today announced that a free upgrade has been released that brings Audible's leading Internet audio service to the Iomega HipZip(TM) digital audio player See digital music player, digital media hub and digital media server. .

In addition, HipZip devices are expected to ship with full AudibleReady capabilities this summer. Audible is the leading provider of Internet-delivered spoken audio for mobile playback on AudibleReady(TM) portable digital devices.

Owners of existing HipZip units can easily upgrade their players through a firmware download from Iomega.com or audible.com. HipZip players use PocketZip(TM) 40MB disks that cost as little as $10 per disk. Each disk can store up to 12 hours of Audible audio, making them an economical solution for building portable digital libraries.

"We are very pleased to bring Audible's extensive Internet audio service to the HipZip," said Doug Collier, senior vice president, marketing and product management, Iomega Corporation. "Audible's information and entertainment audio is a powerful application for digital audio players. We are delighted to be working with Audible to deliver this content to HipZip users."

"The Iomega HipZip is a great digital audio player," added Guy Story, senior vice president, Business Development at Audible, Inc. "Iomega's expertise in low-cost, removable storage media is ideal for enjoying hours of Audible's quality spoken word audio wherever and whenever the listener happens to be."

Audible.com features daily audio editions of The Wall Street Journal, The New York Times, San Jose Mercury News The San Jose Mercury News is the major daily newspaper in San Jose, California and Silicon Valley. The paper is owned by MediaNews Group. Its headquarters and printing plant are located in North San Jose next to the Nimitz Freeway (Interstate 880). , Los Angeles Times Los Angeles Times

Morning daily newspaper. Established in 1881, it was purchased and incorporated in 1884 by Harrison Gray Otis (1837–1917) under The Times-Mirror Co. (the hyphen was later dropped from the name).
, The Industry Standard and Slate-- all available on a subscription basis in time for the morning drive to work each day--as well as The Economist, 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 C-SPAN programming. 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 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 Redfield, James Patterson, William Shakespeare, Emily Dickinson and Jane Austen. There are also speeches, lectures, language learning 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. .

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 30,000 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 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/.
, Hewlett-Packard Company, Microsoft Corporation, Royal Philips Electronics, RealNetworks, Inc., SONICblue Incorporated's Rio Audio Group, Texas Instruments and VoiceAge Corp.

About Iomega:

Iomega Corporation (NYSE NYSE

See: New York Stock Exchange
:IOM IOM

See: Index and Option Market
) manufactures and markets the award-winning Zip(R), Jaz(R) and PocketZip(TM) drives and disks, the Peerless(TM) drive system, the HipZip(TM) digital audio player, the FotoShow(TM) digital image center, LifeWorks(TM) software, and Iomega QuikSync(TM) software; Iomega also markets Iomega CD-RW (CD-ReWritable) The only rewritable CD technology. CD-RW disks look like other CD media, but with close inspection, they have a more polished surface with a very dark blue-gray cast.  drives. Iomega's products help people to save, share, manage and create important information such as Internet downloads, audio files, personal photographs, spreadsheets, and slides, while protecting that content from viruses and hackers. Used in homes, businesses, government and educational facilities and by creative professionals everywhere, Iomega storage solutions are the enabling technologies preferred by millions. The Company can be reached at 1-888-4-IOMEGA (888-446-6342), or on the Web at http://www.iomega.com.

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.

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.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 31, 2001
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