CEDAR KNOLLS, N.J., Jan. 19 /PRNewswire-FirstCall/ -- MediaBay, Inc. (MBAY) (Pink Sheets: MBAY.PK) announced that on Friday, January 12, 2007, it filed a Form 15 with the Securities and Exchange Commission to terminate the registration of the Company's common stock and suspend its reporting obligations under the Securities Exchange Act of 1934. The Company was eligible to deregister because it had fewer than 300 shareholders of record. The Company expects that the deregistration will become effective within 90 days of filing its Form 15. As of the date of the filing of Form 15, the company's obligation to file reports under the Securities Exchange Act of 1934, including Forms 10-K, 10-Q and 8-K, was suspended. DATASOURCE: MediaBay, Inc. CONTACT: Tim Clemensen, +1-212-843-9337 Web site: http://www.mediabay.com/

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