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Destiny
Media Technologies Sponsors Music Festival
Please
download a printable Word version here
May
9, 2000
VANCOUVER,
British Columbia-- Destiny Media Technologies, Ltd (DSNY -
Pink Sheets) is proud to be the Internet Media sponsor of
Western Canada’s New Music West 2000 music festival, running
between May 10 and May 13.
Digital
music is revolutionizing the music industry. Today, Internet
subscribers are downloading their favorite music from the
web and music enthusiasts are creating their own virtual radio
stations. At the forefront of this revolution is Vancouver’s
Destiny Media Technologies, and their technology will be featured
this year at the New Music West Festival.
As part
of their technology showcase, Destiny will be airing four/five
live broadcasts per night from venues around Vancouver, British
Columbia at RadioDestiny (www.radiodestiny.com).
Music fans can listen to the festival from around the world
by simply logging on to the web site and using the multifunctional
Destiny Media Player. Some of the featured bands that will
be performing via RadioDestiny include Stiff Kitty, Paul’s
Driveway and Truck Full of Death.
During
the NMW festival, Destiny will be featuring their Destiny
Media Player. The world’s smallest, most powerful and versatile
digital music player, the Destiny Media Player is Macintosh
or PC compatible and plays digital music files or Internet
radio broadcasts. It can play mp3, streaming mp3 radio such
as Shoutcast, .wav and .wmf files, and audio CDs, all using
the familiar and easy-to-use home stereo style interface.
The Destiny Media Player also dynamically lists all live RadioDestiny
broadcasters.
New Music
West delegates will also be learning about Destiny’s proprietary
MPE digital format, a rich media format which has the potential
to change the way music is bought and sold on the Internet.
The MPE digital media distribution system is a form of ”digital
shrink wrapping” with full e-commerce capabilities. This technology
allows artists and content holders to market and promote themselves
freely and easily throughout the Internet, but still be assured
that their rights are protected and they are compensated for
their works.
Destiny
Media Technologies Ltd. (http://www.destiny-software.com)
has been developing leading edge software since 1991. Destiny
develops accessible and cost-effective enabling technologies
for online media streaming such as the Destiny Media Player
™, the world's smallest and most versatile digital music player
and Internet radio receiver; the RadioDestiny Broadcaster
™ software for personal and commercial Internet radio broadcasting;
and the Radio Destiny Broadcast Network™, a network of eclectic
personal radio webcasters. Destiny software applications are
designed to be affordable and simple enough for anyone to
use.
``Safe
Harbor'' statement under the Private Securities Litigation
Reform Act of 1995: This release contains forward looking
statements that are subject to risks and uncertainties, including,
but not limited to, the impact of competitive products and
pricing, product demand and market acceptance, new product
development, reliance on key strategic alliances, availability
of raw materials, the regulatory environment, fluctuations
in operating results and other risks detailed from time to
time in the Company's filings with the Securities and Exchange
Commission.
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