The Asao libraries from Nellysoft have been designed specifically to address the need for a very small footprint, low bandwidth speech and audio compression. Asao will operate at a variety of bit rates (12/16/24/32 Kbps). This new technology can be rapidly harnessed for applications such as streaming over mobile data networks, Internet radio and embedded platforms such as toys and other consumer devices.

http://www.nellymoser.com/products/audio_compression_asao_fst.htm