Legible Inc. (CSE: READ) (OTCQB: LEBGF) (FSE: D0T) ("Legible”,
or the “Company”), an innovative digital content platform and
eBookstore, is excited to announce a new strategic partnership with
Faurecia Aptoide Automotive, Lda (“Faurecia Aptoide”) to provide
its app for infotainment systems in cars around the world.
The leading Automotive apps market, Faurecia Aptoide, is the
infotainment solution provider to over 3 million automobiles
globally in 2023, with projected growth to 20 million vehicles by
2025. Legible is the first company to provide Faurecia Aptoide with
an app that provides both eBooks and audiobooks for purchase in one
accessible, integrated solution, with the goal of rapidly driving
revenue at a global scale.
The widespread rollout of 5G, access to 4G LTE connectivity, and
the current development of software-defined, network-aware,
ultra-connected vehicles, including a future with driverless cars,
are combining to feature infotainment as a huge growth opportunity
– and Faurecia Aptoide has been a major player by working closely
and developing opportunities with OEMs and App Developers.
Legible’s huge selection of eBooks and audiobooks as well as Living
Books, AI-powered offerings, and exciting partnerships with
globally loved entertainment brands such as Stan Lee Universe,
positions the Company as the digital literature provider of the
future.
"We are thrilled to partner with Faurecia Aptoide to bring the
world of literature and storytelling to in-car infotainment systems
around the world," said Kaleeg Hainsworth, CEO of Legible. "This
collaboration reflects our commitment to making reading and
listening to books more accessible and convenient than ever before,
seamlessly integrating them into people's daily lives."
Key features of the partnership include:
Integration: Legible's vast digital library will be
harmoniously integrated into Faurecia Aptoide’s in-car infotainment
app store, allowing car owners to access their favourite books and
audiobooks with ease.
Diverse Content Selection: Users will have access to a
vast collection of eBooks and audiobooks spanning multiple genres,
ensuring that there's content for everyone.
Offline Access: Drivers and passengers will be able to
download content for offline access, making it convenient for long
trips or areas with limited connectivity.
Customized User Experience: The integration will provide
personalized recommendations based on user preferences and reading
habits.
Safe, User-Friendly Interface: The Legible app is
designed with safety in mind, ensuring minimal driver distraction
while providing a user-friendly interface, and access to books not
only in the car but also on mobile devices. eBooks and Audiobooks
will be available for purchase, as well as Legible’s Unbound
Membership service, which provides unlimited access to a vast
curated selection of eBooks and Audiobooks for a low monthly cost.
Please visit Legible.com for additional information.
“Faurecia Aptoide is focused on bringing valuable content to
vehicle users worldwide, and collaborating with Legible to make
literature easily accessible to vehicle users – even on the move –
is exciting,” declared Thijs van Herkhuizen, General Manager at
Faurecia Aptoide. “Enabling drivers and passengers to have more
enjoyable, connected car rides is the main priority and this is a
step in that direction.”
The partnership between Legible and Faurecia Aptoide will offer
car owners around the world a new dimension of convenience and
enjoyment. With Legible’s extensive catalogue of eBooks and
audiobooks easily accessible, drivers and passengers everywhere can
look forward to having a world of stories and knowledge at their
fingertips, transforming daily commutes and long drives into
engaging and enriching experiences.
About Faurecia Aptoide
Faurecia Aptoide Automotive is a joint venture between Forvia
(formerly Faurecia) and Aptoide that connects OEMs and App
Developers to build the future of connected cars. With a growing
portfolio of 250+ apps and established partnerships with 14
different car brands, Faurecia-Aptoide is at the forefront of the
automotive industry, supporting Android developers to develop the
next generation of in-car infotainment.
Currently, Faurecia Aptoide is the market leader and benchmark
for both OEMs and App Developers.
About Legible Inc.
Legible is a groundbreaking, mobile-centric global company
specializing in eBooks and audiobook entertainment, boasting a
market opportunity exceeding billions of dollars. Legible’s
extensive partnerships encompass four of the Big 5 Publishers and
the world's largest eBook distributor, enabling it to seamlessly
deliver over 2 million eBooks and audiobooks, effectively
transforming any smart device into a dynamic library and
eBookstore. At the heart of Legible’s innovation lies its
LibrarianAI, the world's pioneering AI-powered assistant, enhancing
the reading experience. Legible’s publishing division is
revolutionizing the industry by crafting proprietary AI-enriched
multimedia books, setting new standards in literary engagement.
Legible is at the forefront of reshaping the digital publishing
landscape, committed to gaining a significant market share by
providing innovative 21st-century publishing solutions and
enriching global reading experiences. Please visit Legible.com and
discover the place where eBooks come to life.
Cautionary Note Regarding Forward Looking Information
This Press Release contains certain statements which constitute
forward-looking statements or information (“forward-looking
statements”), including statements regarding Legible’s business.
Such forward-looking statements are subject to numerous risks and
uncertainties, some of which are beyond Legible's control,
including the impact of general economic conditions, industry
conditions, currency fluctuations, the lack of availability of
qualified personnel or management, stock market volatility and the
ability to access sufficient capital from internal and external
sources. Although Legible believes that the expectations in its
forward-looking statements are reasonable, they are based on
factors and assumptions concerning future events which may prove to
be inaccurate. Those factors and assumptions are based upon
currently available information. Such statements are subject to
known and unknown risks, uncertainties and other factors that could
influence actual results or events and cause actual results or
events to differ materially from those stated, anticipated or
implied in the forward- looking information. As such, readers are
cautioned not to place undue reliance on the forward- looking
information, as no assurance can be provided as to future results,
levels of activity or achievements. The forward-looking statements
contained in this document are made as of the date of this document
and, except as required by applicable law, Legible does not
undertake any obligation to publicly update or to revise any of the
included forward-looking statements, whether as a result of new
information, future events or otherwise. The forward-looking
statements contained in this document are expressly qualified by
this cautionary statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20231123558417/en/
Legible Inc.: Deborah Harford EVP, Global Strategic
Partnerships 1 (672) 514-2665 (CSE: READ) (OTCQB: LEBGF) (FSE: D0T)
invest@legible.com Website: https://invest.legible.com
Faurecia Aptoide: communication@faurecia-aptoide.com
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