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MediaBay Completes Follow-on Stock Offering

MediaBay (http://www.mediabay.com) announced the completion of its follow-on primary offering of 3,650,000 shares of common stock.

The common stock was sold to the public at $9.00 per share.

The offering was lead managed by Roth Capital Partners, Inc. Co-managers of the offering were L.H. Friend, Weinress, Frankson & Presson, LLC and Pennsylvania Merchant Group.

MediaBay is a provider of spoken word content, in digital download and in hard goods. It also has its Audio Book Club membership club which markets and sells audiobook titles through direct mail and the Internet.

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