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SlimX 400 Includes Premium Accessories Such as Custom Carry Case, Wraparound Headphones and Complete Car Kit

The SlimX 400 is iRiver's premier MP3 CD player and comes with an expansive accessories package including wraparound iRiver headphones, custom carrying case, four-line backlit remote control, power adapter, rechargeable batteries with built-in charger, external battery pack and a complete car kit for music on the road. The SlimX 400 also has a new auto-EQ option that adjusts to listeners' music and free software upgrades available at the iRiver website to future-proof listening capabilities.

According to new research from IDC, "MP3 Players Move into the Mainstream: Forecast and Analysis of the Worldwide Compressed Audio Player Market, 2001- 2006," worldwide shipments of compressed audio players will approach 207 million units in 2006, up from 15.2 million units in 2001.

"MP3 CD players are a key driver of the MP3 player market throughout the forecast period," said IDC analyst Susan Kevorkian. "Portable MP3 CD players offer consumers a compelling way to enjoy music away from the PC, at prices that won't compromise a budget."

The SlimX 400 plays over 250 songs on a single CD, while offering rich features such as play list management, built-in FM tuner, skip-free* music playback, up to 23 hours of continuous playtime and MP3, WMA and ASF format support.

The SlimX 400 supercedes the original SlimX 350, which PC World and Computer Shopper recently awarded with Best Product of 2002 awards and it has received Editors' Choice awards from CNET, PC Magazine, ZDNet and Computer Gaming World.

"Consumers embraced the original SlimX's design and listening flexibility, while the industry showered it with accolades," said Jonathan Sasse, marketing director at iRiver America. "Our design and engineering teams surpassed all expectations with the stylish SlimX 400. We are confident that our customers will find the SlimX 400 to be the best CD player on the market today."

• SlimX 400 comes with:
• Wraparound iRiver headphones
• Car cassette adapter
• Car power adapter
• Built-in FM tuner
• Supports standard audio CDs, enhanced CDs, home-made CD-Rs and CD-RW

discs

• MP3, WMA and ASF support
• Upgradeable firmware for new formats and product features
• *iRiver's Shock-Free technology for up to 8 minutes of compressed audio shock protection
• Up to 23 hours of playtime using included rechargeable batteries and AA adapter
• Remote control with high-resolution 4-line LCD display
• Play list support
• Supports ID3 tags, audio CD text and title display
• Supports multilingual display
• Custom carrying case
• Power adapter
• Rechargeable batteries with built-in charger
• External battery pack

Pricing and Availability

The SlimX 400 will be available to consumers December 2002 and suggested retail price is USD $199.99.

About iRiver

iRiver is the emerging global leader in delivering advanced portable digital audio devices. iRiver provides consumers with listening and recording flexibility to accommodate their active lifestyles by manufacturing award-winning hybrid products supporting existing and emerging formats, including MP3, WMA, ASF, AAC and QDX. San Jose-based iRiver America, Inc. can be found on the Web at www.iriveramerica.com.

NOTE: iRiver America and SlimX are registered trademarks of iRiver America, Inc. All other registered or unregistered trademarks are the sole property of their respective owners.

CONTACT: Gary Byrd of Nadel Phelan, Inc., +1-831-440-2414, or gary@nadelphelan.com, for iRiver America, Inc.; or Jonathan Sasse of iRiver America, Inc., +1-408-452-7960, or jsasse@iriveramerica.com.