MONTCLAIR, N.J., Sept. 7, 2005 (PRIMEZONE) -- Headliners Entertainment Group Inc. (OTCBB:HLEG) an entertainment management company, announced today that it has signed a distribution agreement with Audible, Inc. (Nasdaq:ADBL). Audible.com provides downloads of premium digital audio entertainment and information. Customers can choose from downloadable versions of the Rascals Comedy Classics Library and the new Rascals Comedy Hour now available on Audible.com. Users can download audio programs in minutes and listen using their iPod(R), Palm OS handheld, Pocket PC, Creative(R) MuVo(R), PC, Mac or burn on their own cds.
Rascals Comedy Classics Library gives you the past, present and future of standup comedy. Over 200 hours of classic comedy with Celebrities such as Ray Ramono, Drew Cary, Tim Allen, Sinbad, Rosie O'Donnell, Bret Butler, Dennis Leary, Dice Clay, Jackie Martling, Rich Jeni, Jeff Foxworthy, Joy Behar, Darrell Hammond, Rich Vos, Wanda Sykes, all the BIG stars!
The New Rascals Comedy Hour is taped live from Rascals Comedy Club, featuring new material from the hottest up and coming stand-up comedians. Enabling downloadable versions of the Rascals Comedy Classics Library and The New Rascals Comedy Hour available on Audible.com is yet another distribution channel and revenue stream.
Ed Rodriguez HLEG's, Chairman and CEO stated, "We believe the licensing agreement with Audible.com will provide an additional revenue stream and provide a substantial new distribution channel for our Rascals Comedy Classics, bringing listening pleasure to millions of people worldwide."
About Headliners Entertainment Group Inc.:
Headliners is an entertainment management company that owns and operates 3 Comedy Clubs and 5 Dance Clubs. Headliner's Entertainment owns a library of more than 200 hours of stand up comedy routines performed by today's top entertainers, and it has also starting taping a new Rascals Comedy Hour. Headliners has also entered into contracts with:
-- MSN Video Downloads;
-- TVNet wired and wireless digital video download service;
-- Windows Media;
-- XM Satellite Radio; XM Comedy;
-- SmartVideo Technologies, a mobile entertainment service provider
that offers fully synched, full-motion audio and video programs
to viewers with mobile electronic devices.
About Audible Inc:
Audible(R) (http://www.audible.com) 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 approximately 70,000 hours of audio programs from more than 250 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 preeminent provider of spoken content 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 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., XM Satellite Radio, PhatNoise Inc., Rio Audio, Texas Instruments Inc., and VoiceAge Corporation.
Forward-Looking Statements This release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. We use words such as "anticipate," "believe," "expect," "future," "intend," "plan" and similar expressions to identify forward-looking statements. Forward-looking statements include, without limitation, our ability to increase income streams, to grow revenue and earnings, and to obtain additional Indian gaming and other projects. These statements are only predictions and are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's public filings with the Securities and Exchange Commission.