Audible.com to Demonstrate Wireless Delivery of Spoken Audio Content At CTIA Wireless 2001.

Business/Technology Editors

CTIA WIRELESS 2001

LAS VEGAS--(BUSINESS WIRE)--March 20, 2001

Audible, Inc. (NASDAQ: ADBL), the leading provider of Internet-delivered spoken audio (www.audible.com) for computer-based listening or mobile playback on AudibleReady(TM) PC-based portable digital audio players, announced today that the company will showcase its technology and products at CTIA Wireless 2001. The convention and exposition will take place March 20 - 22, 2001 at the Sands Expo and Venetian Hotel in Las Vegas. The company's exhibit will be located in the Microsoft Partner's Pavilion, booth #6325, and demonstrate the wireless delivery of Audible's premium spoken audio programming to Pocket PC PDAs for corporate and enterprise applications.

Targeting the estimated 84 million people in the U.S. who drive alone to work each day, 40 million mobile workers who spend 20 percent of their time on the road, and more than 50 million people who exercise regularly, Audible(R) has the most diverse digital spoken audio content selection, which offers customers a range of alternatives to broadcast radio programming, conventional cassette and CD versions of audiobooks and more.

"The applicability and acceptance of Audible's technology and our tremendous collection of spoken-word content has widened the target market for wireless delivery of this digital medium," commented Thomas Baxter, president and CEO of Audible, Inc. "As more people explore entertainment and business communication options beyond traditional broadcast delivery for the drive to work and other intermittent travel periods during the day, Audible's content offerings allow consumers to break the boundaries of the AM/FM world.

"The corporate application of Audible's technology also represents a tremendous opportunity," continued Baxter. "Business owners and managers continue to search for ways to turn windshield time into productive time. Audible is working with businesses to create and deliver actionable business content in digital spoken audio, to provide flexibility and improve time-management."

Audible encourages CTIA Wireless 2001 attendees to visit the Microsoft Partner's Pavilion, booth #6325, and experience a demonstration of the wireless delivery of enterprise spoken audio programming to Pocket PC PDAs.

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 28,000 hours of audio programs and 160 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, Microsoft Corporation, Royal Philips Electronics, RealNetworks, Inc., SONICblue Incorporated's Rio Audio Group, Texas Instruments and VoiceAge Corp.

Audible and www.audible.com are registered trademarks of Audible, Inc.; AudibleReady is a trademark of Audible, Inc and are all 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.