OZ COM
SC 13D, EX-7.1, 2000-11-20
TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)
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<PAGE>   1

                        AGREEMENT REGARDING JOINT FILING
                          OF STATEMENT ON SCHEDULE 13D

        In accordance with Rule 13d-1(k) under the Securities Exchange Act of
1934, as amended, each of the persons named below agrees to the joint filing on
behalf of each of them of a Statement on Schedule 13D (including amendments
thereto) with respect to the Common Stock, par value $.01 per share, of OZ.COM,
a California corporation, and further agrees that this Joint Filing Agreement be
included as an exhibit to such filings provided that, as contemplated by Section
13d-1(k)(1)(ii), no person shall be responsible for the completeness or accuracy
of the information concerning the other persons making the filing, unless such
person knows or has reason to believe that such information is inaccurate.

Dated: November 20, 2000

                                                     /s/ SKULI MOGENSEN
                                                     ---------------------------
                                                     Skuli Mogensen


                                                     /s/ GUDJON MAR GUDJONSSON
                                                     ---------------------------
                                                     Gudjon Mar Gudjonsson




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