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 Wire, April 23, 2003

Business Editors

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

Audible, Inc. (OTC BB: ADBL) today announced that the company's secure audio formats and 34,000 hours of information and entertainment audio are commercially available for Texas Instruments Incorporated's (TI) OMAP(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 and video, multimedia messaging, gaming, security, speech recognition, location based services and mobile commerce - across all leading operating systems. 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, Fujitsu, LG Electronics, Panasonic Mobile Communications, HTC 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 Times -- available on a subscription basis in time for the morning drive to work each day--as well as Forbes, Harvard Business Review, Scientific American and Fast Company. The site offers a powerful collection of audiobook best sellers and classics by authors such as Tom Clancy, Stephen King, John Grisham, Mary Higgins Clark, 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, Car Talk, Fresh Air and This American Life, 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.