Audio content is saved as .wav files.
Annotate Menu To activate the miscellaneous features of IA Album such as file transfer or screen capture, you will go to the Tools menu. In Preferences, you can set how you want the slideshow to proceed, including the transition effects and whether you want the text and audio content you added earlier in the Annotate menu. Incidentally I used the screen capture feature in IA Album to take these shots. Previously I used Gigabar, which happens to be free, and DeveloperOne has its ScreenSnap program. The advantage IA Album has over these two is its ability to save the screenshots in .jpg mode.