has released AudioBook to MP3 Converter for Mac 1.02 (, an update of the tool that converts audio books from iTunes to MP3, AAC or WAV for playback on any MP3 player. It’s a maintenance update with some tweaks and bug fixes.

It converts purchased audiobooks to MP3 or AAC files from iTunes on Mac OS X. AudioBook to MP3 Converter uses a “virtual CD-RW” to automate the process of burning and ripping an audio book. It works with iTunes and Virtual CD burning technology to convert audio books to keep users on the legal side.

AudioBook to MP3 Converter for Mac is available immediately for $29.95. Version 1.02 is a free update for registered users. A demo is available for download. AudioBook to MP3 Converter requires Mac OS X 10.4 or later and iTunes 8 or higher.