Audible's Technology and Download Service Available for ARM Powered Digital Audio Players and Handheld Electronic Devices; Audible Becomes ARM Application Partner; Enables ARM Processors to Be AudibleReady

Business Wire, April 27, 2005

WAYNE, N.J. -- Audible, Inc. (NASDAQ:ADBL), the leading provider of digitally delivered spoken word audio, announced today that elements of the company's AudibleReady(R) software development kit (SDK) have been developed and packaged for ARM(R) microprocessors. Device manufacturers using ARM processors can now easily offer the audible.com Internet audio service on handheld devices. This allows users to transfer, store, and play Audible's 70,000 hours of downloadable audiobooks, audio periodicals, radio subscriptions, and original programming, while providing microprocessor and device manufacturers opportunities to share revenues based on co-marketing elements and customer activity.

"The solution that Audible is providing will enable an extensive range of content for all types of audio-enabled ARM Powered(R) devices, from dedicated digital media players to mobile phones," said Oliver Gunasekara, global director of mobile solutions, ARM. "This announcement further demonstrates that the power of ARM is not just in the processors themselves, but also in the wide range of supporting solutions that enable OEMs (original equipment manufacturers) and ODMs (original design manufacturers) to get to market quicker."

"ARM is an important ally in our mission to streamline the process of making digital media players compatible with Audible's rich content selection and audiobook listening features," stated Foy Sperring, senior vice president, Strategic Alliances, Audible, Inc.

The Audible Software Development Kit enables integrated circuit vendors such as those licensing the ARM CPU core, as well as OEMs of mobile audio devices and ODMs, to simply and rapidly adopt Audible's technology for seamless download, transfer, and playback of Audible's spoken word audio. Further information can be obtained by contacting Foy Sperring, senior vice president, Strategic Alliances, at fsperring@audible.com or 1(973) 837-2708.

Some key elements of the AudibleReady SDK program include:

--Support for secure playback of audio content in Audible's proprietary format and DRM, with the full compliment of AudibleReady spoken word user experience features;

--Secure access to technologies that allow automated downloads of audio directly to devices and personal computers;

--Integrated support for ACELP(R).net speech compression from Voice Age Corporation.

About Audible, Inc.:

Audible(R) (www.audible.com(R)) is the Internet's leading premium spoken word audio source. Content from Audible is downloaded and played back on personal computers, CDs, or AudibleReady(R) computer-based mobile devices. Audible has more than 70,000 hours of audio programs from more than 200 content partners that include leading audiobook publishers, broadcasters, entertainers, magazine and newspaper publishers, and business information providers. Audible.com is Amazon.com's and the Apple iTunes Music Store's pre-eminent provider of spoken word products for downloading or streaming via the Web. Additionally, the Company is strategically aligned with Random House, Inc. in the first-ever imprint to produce spoken word content specifically suited for digital distribution, Random House Audible. Among the Company's key business relationships are Apple Corp., Creative Labs, Hewlett-Packard Company, Microsoft Corporation, palmOne, Inc., PhatNoise Inc., Rio Audio, Sony Electronics, Texas Instruments Inc., and VoiceAge Corporation.

Audible, www.audible.com, AudibleListener, and AudibleReady are registered trademarks of Audible, Inc. and all are part of the family of Audible, Inc. trademarks.

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.

ARM and ARM Powered are registered trademarks of ARM Limited. All other brands or product names are the property of their respective holders. "ARM" is used to represent ARM Holdings plc; its operating company ARM Limited; and the regional subsidiaries ARM INC.; ARM KK; ARM Korea Ltd.; ARM Taiwan; ARM France SAS; ARM Consulting (Shanghai) Co. Ltd.; ARM Belgium N.V.; AXYS Design Automation Inc.; AXYS GmbH; ARM Embedded Solutions Pvt. Ltd.; and ARM Physical IP, Inc.