24.02.2005 22:17:00
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Audible Comments on Recent Litigation
Business Editors/Legal Editors
WAYNE, N.J.--(BUSINESS WIRE)--Feb. 24, 2005--Audible, Inc. (NASDAQ: ADBL), the leading provider of digitally delivered spoken word audio, has issued a statement regarding recent litigation filed against the company.
Audible has reviewed the complaint filed on February 22 and believes that it is utterly without merit. The Company intends to vigorously defend against these baseless claims.
About Audible, Inc.
Audible(R) (www.audible.com(R)) is the Internet's leading premium spoken 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, 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.
--30--MS/ny*
CONTACT: Audible, Inc. Jonathan Korzen, 973-837-2718 jkorzen@audible.com
KEYWORD: NEW YORK NEW JERSEY INDUSTRY KEYWORD: LEGAL/LAW ADVERTISING/MARKETING INTERNET E-COMMERCE PRODUCT SOURCE: Audible, Inc.
Copyright Business Wire 2005
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