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Audible.com's Internet Audio Service Supported on TI's OMAP Platform For Palm Zire 71 Handheld; First-Time Support for Secure Audio Formats on Palm OS 5 Platform.


Business Editors

WAYNE, N.J.--(BUSINESS WIRE)--April 23, 2003

Audible, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: ADBL ADBL Agricultural Development Bank Limited (Nepal) ) today announced that the company's secure audio formats and 34,000 hours of information and entertainment audio are commercially available for Texas Instruments See TI.

(company) Texas Instruments - (TI) A US electronics company.

A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq.
 Incorporated's (TI) OMAP OMAP Office of Medical Assistance Programs (Oregon Department of Human Services)
OMAP Open Multimedia Applications Platform (Texas Instruments semiconductor operating system) 
(TM) platform.

Mobile devices, such as the new Palm(TM) Zire(TM) 71 handheld, that feature the high performance and extended battery life of the OMAP platform with Audible's software, enable mobile users to listen to best selling and classic audiobooks, audio editions of newspapers and magazines, language learning, public radio, comedy, and original programs.

With the emergence of membership-based legal music services, the delivery of copyright-secure audio formats like Audible's audio over the Internet is poised for tremendous growth. Jupiter Research estimates there are about 300,000 people who pay for these subscriptions today - a $25 million market. By 2007, the research firm estimates that the membership-based legal audio services market could grow to $800 million.

"With the addition of Audible's popular spoken audio format to the list of audio and music formats that the OMAP platform already supports, we make it possible for device manufacturers to provide their customers with access to the best downloadable audio content available on the Internet today," said Paul Werp, worldwide director of marketing for TI's OMAP platform. "Applications and content will continue to be important differentiators for device manufacturers. Working with Audible and other OMAP Developer Network members provides OMAP platform customers with the leading wireless applications."

"Audible is proud to welcome another industry-leading technology partner who supports our mission of providing the best spoken audio downloads over the Internet," stated Guy Story, chief scientist, Audible, Inc. "Support for Audible's spoken audio format by a global leader like Texas Instruments will help us expand our reach in portable devices that support digital audio and reinforce Audible's position as the leading spoken word audio service on the Internet."

Audible.com is a member of TI's OMAP(TM) Developer Network, a group of leading software developers porting advanced applications to TI's high performance, power-efficient OMAP processors. Handset manufacturers adopting OMAP devices enjoy the rapid deployment of compelling wireless applications - including streaming audio A one-way audio transmission over a data network. It is widely used on the Web as well as company networks to play audio clips and Internet radio. Computers in home networks stream audio (mostly music) to digital media hubs connected to home theaters.  and video, multimedia messaging, gaming, security, speech recognition, location based services and mobile commerce - across all leading operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. . Systems level integration services are also provided worldwide by independent OMAP Technology Centers. The OMAP platform has been selected by leading manufacturers, such as Nokia, Palm, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98).

NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd.
, Fujitsu, LG Electronics, Panasonic Mobile Communications, HTC HTC HTML (Hyper Text Markup Language) Component
HTC High Tech Computer Corp (Taiwan, China)
HTC Hennepin Technical College (Minnesota)
HTC High-Throughput Computing
 and many more, for their 2.5 and 3G wireless devices. For more information, please visit www.omap.com.

About Audible.com:

Audible.com, recently named the best entertainment software in the Internet by CNet.com (June 2002), 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 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
 and Fast Company. The site offers a powerful collection of audiobook best sellers and classics by authors such as Tom Clancy For the member of the Irish folk band The Clancy Brothers, see Tom Clancy (singer) and for the American Celticist, see Thomas Owen Clancy.

Thomas Leo Clancy Jr. (born April 12 1947), better known 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(R) 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 are trademarks of Audible, Inc. and all are part of the family of Audible, Inc. trademarks. Palm OS(R) is a registered trademark of PalmSource, Inc., a subsidiary of Palm, Inc. Palm and Zire are trademarks of Palm, Inc.

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.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 23, 2003
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