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audiohighway.com Announces 1999 Year-End Results

audiohighway.com (http://www.audiohighway.com) today reported its operating results for the year ended December 31, 1999.

audiohighway.com posted revenues of $2,060,000 for 1999, compared to $139,000 for 1998. Net loss for 1999 was $12,672,000 or $2.37 per share compared to $5,867,000 or $5.12 per share in 1998. In addition, at December 31, 1999, audiohighway.com had cash and cash equivalents and investments equal to $13,153,000.

audiohighway.com is a free audio content provider that makes money from selling music and video selections.

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