Audio Book Club, Inc. Announces Online Marketing and Sponsorship Agreement With Cox Interactive Media.BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--Dec. 8, 1998-- Agreement Provides Users with Direct Link From Cox Interactive Media Network Sites To www.audiobookclub.com - Company Also Announces Online Advertising Agreement with www.collegeclub.com Audio Book Club, Inc. (AMEX AMEX See: American Stock Exchange : KLB KLB - Known Lazy Bastard ), today announced it has signed an online marketing agreement with Cox Interactive Media whereby it will be the exclusive audiobook seller for Cox Interactive Media and its network of sites. Cox Interactive Media's network of sites consists of local websites which contain content and are designed specifically for a city, such as www.accessatlanta.com and www.bayinsider.com for the Atlanta and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden areas, respectively. Each site contains information on local events, music, restaurants, TV listings, sports, shopping, and weather, among a host of other local information. Audio Book Club also announced an online advertising agreement with College Club, USA which will advertise and link directly with the www.audiobookclub.com site from its www.collegeclub.com site. www.collegeclub.com is one of the largest sites devoted to college-related content made by students for students. Commenting on the announcements, Norton Herrick, Chairman 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. of Audio Book Club, Inc. "Audio Book Club continues to successfully implement its strategic business plan which focuses on expanding its membership and revenue base via the Internet. We continue to seek and enter into advertising agreements with sites that represent significant value in terms of advertising Audio Book Club to the appropriate target markets. Both Cox Interactive Media and College Club, USA accomplish this objective." Audio Book Club, Inc. is a direct marketer of audio books through membership clubs that market and sell audio books via the Internet at www.audiobookclub.com and www.BooksAloud.com, and by mail order. Since commencing operations in January 1994, the Company has engaged in an aggressive membership recruitment program to establish a core Audio Book Club member base of over 380,000 members and to continually con·tin·u·al adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. expand its member base. This release is covered under the "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. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Certain information included in this release that are not historical facts are forward looking statements that involve a number of known and unknown risks and uncertainties, including but not limited to, the Company's ability to successfully implement a strategy of continued growth and other risks detailed in the Company's registration Statement on Form SB-2 and other Securities and Exchange Commission filings. The Company's actual results, performance or achievements may differ materially from any future results performance or achievements expressed or implied in any forward looking statement. |
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