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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: fishweed who wrote (14636)	11/10/1999 11:52:00 AM
From: Rock_nj	Read Replies (1) \| Respond to of 57584

Brought KLB for move to NASDAQ 11/15. MediaBay, Inc. Moving to Nasdaq's National Market System; Symbol Changes to 'MBAY' Effective November 15 MORRISTOWN, N.J., Nov. 10 /PRNewswire/ -- MediaBay , Inc. (Amex: KLB - news) announced today that its commonshares have been approved for listing on Nasdaq's National Market System under the symbol ''MBAY.'' Trading is expected tobegin on Nasdaq's National Market System under the new symbol on November 15, 1999. Norton Herrick, Chairman and CEO of MediaBay, Inc., stated, ''We believe this move to Nasdaq's National Market System represents an integral step in the growth and development of MediaBay. Given our position as a major player in the e-commerce field and Nasdaq's tremendous track record with Internet stocks, we are confident that this move will translate into the increased visibility and market support our shareholders truly deserve, and we look forward to a seamless transition.'' About MediaBay, Inc. MediaBay, Inc. is the dominant provider of premium spoken word audio content and products in hard goods and digital download formats both online and offline which it markets to its customer database of over 2.1 million names. MediaBay, Inc. is the world's largest marketer of audiobooks through its Audio Book Club membership club which markets and sells over 70,000 audiobook titles through direct mail and the Internet at audiobookclub.com. MediaBay, Inc. is also the world's largest marketer of old-time radio shows and classic videos through its Radio Spirits subsidiary which markets and sells its content library of over 60,000 radio shows and 3,500 videos on audio cassette, compact disc and video cassette through direct mail, retail and radio channels, as well as through radiospirits.com and videoyesteryear.com. Launched earlier this year, the Company's MediaBay.com media portal site, located at mediabay.com, is an innovative content and e-commerce website offering the Company's millions of customers and website visitors a single location for premium spoken word content and products available in hard goods and secure digital download formats. The MediaBay.com network of websites includes audiobookclub.com, audiobook.com, radiospirits.com, videoyesteryear.com, and downloadbay.com. The company's shareholders include Time Warner, Sony, Harvard Management Company Inc. on behalf of Harvard College and a fund advised by Soros Fund Management LLC.