ADBL Audible (MM)

Audible, Inc. (NASDAQ: ADBL; www.audible.com), the leading provider of spoken entertainment and information on the Internet, and The Laugh Factory, the world famous comedy club, today announced a multi-year exclusive agreement for the production, marketing, and distribution of a weekly one-hour original comedy show. Originating from The Laugh Factory�s legendary home in Hollywood, 8001 Sunset Strip features performances from some of the finest stand-up comedians in the world, as well as exclusive behind-the-scenes interviews with the comedians, club patrons, and employees. Every week 8001 Sunset Strip takes the listener deep inside the world famous Laugh Factory with an exclusive, unscripted, and revealing no-holds-barred exploration into the fascinating world of stand-up comedy and life at the club. 8001 Sunset Strip is hosted by CableACE Award winner Dom Irrera and features both established and up-and-coming artists, including Paul Rodriguez, Paul Mooney, Tony Rock, Elon Gold, Mark Schiff, Tom Pappa, Bill Dawes, Thea Vidale, Jeff Cesario, Jason Stuart, Debbie Gutierrez, Jill Michele MeLean, Ron Pearson, Dov Davidoff, and hundreds more. 8001 Sunset Strip captures the spontaneity of live stand-up performances and backstage action - you never know what can happen inside the world famous Laugh Factory. At audible.com, customers can purchase a monthly subscription to 8001 Sunset Strip for $8.95 and receive four original one-hour shows. Individual shows are available for $2.95 each. At www.audible.com/laughfactory comedy fans can join the Laugh Factory AudibleListener� membership plan for $8.95 and receive the benefits of an AudibleListener membership. Each episode of the show is available for download from audible.com or wirelessly through AudibleAir� to any of the hundreds of available AudibleReady� mobile devices, including iPods, PocketPCs, and smartphones. �Audible is delighted to have the opportunity to partner with the incomparable Jamie Masada and The Laugh Factory to produce and distribute 8001 Sunset Strip,� said Brian Fielding, EVP Programming, Audible, Inc. �This is the perfect show to continue to build on Audible�s other groundbreaking original Internet audio programming, including Robin Williams@Audible.com and The Ricky Gervais Show, by bringing this wholly original show, with its cutting edge stand-up comedy and its backstage look into the lives of comedians, to the growing global digital audience for brilliant and innovative programming in an on-demand environment. Entertainment programming is clearly reaching beyond the television and movie screens onto iPods, blogs, PDAs, smartphones, and RSS feeds. We are very proud to be at the forefront of this global trend.� �The Laugh Factory has been fortunate to play a central role in the development of stand-up comedy and the careers of a who�s who list of legendary comics ever since we opened the club in 1979 with Richard Pryor as the first comedian to take our stage,� said Jamie Masada, founder of The Laugh Factory. �Dave Chappelle, Dane Cook, Jim Carrey, Jamie Foxx all got started and honed their artistry performing at The Laugh Factory. With 8001 Sunset Strip I am excited to be working with Audible to offer people all over the world the opportunity to hear what it�s really like to be in The Laugh Factory as if you were there, and to give them a glimpse of what it�s really like to be a stand-up comic.� About Audible, Inc.: Audible (www.audible.com) is the leader in spoken audio information and entertainment on the Internet. Content from Audible is downloaded and played back on personal computers, CDs, or AudibleReady� computer-based and wireless mobile devices. Audible has 127,000 hours of audio programs from more than 390 content partners that include leading audiobook publishers, broadcasters, entertainers, magazine and newspaper publishers, and business information providers. Audible is the preeminent provider of spoken-word audio products for Apple�s iTunes Store. Among the Company�s key business relationships are Apple, Inc., Amazon.com, Palm, Inc., Creative Labs, Inc., SanDisk, and XM Satellite Radio. 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. About The Laugh Factory Founded in 1979, the Laugh Factory is regarded as one of the premier comedy clubs in the country. Known among comedy insiders for its innovative comedy, such comics as Jerry Seinfeld, Richard Pryor, Eddie Murphy, Adam Sandler, Chris Tucker and Rodney Dangerfield are among the many comedians who have performed on The Laugh Factory stage. The club has hosted television shows and films, as well as numerous Hollywood events. The Laugh Factory prides itself on being a club that caters to up-and-coming comics and helps them to develop their talent rather than exploit it. The club offers comedic talent a safe haven to fine-tune their craft, much to the audience�s delight. Forward Looking Statements The statements in this press release which are not historical facts 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. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Audible, Inc. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.