DSNY news
VANCOUVER, B.C.--(BUSINESS WIRE)--June 6, 2000--Destiny Media
Technologies, Inc. (OTCBB:DSNY) is pleased to announce a strategic
relationship with the McKenna Group, a Silicon Valley-based consulting
firm with expertise in the development of information and
telecommunications management, marketing and alliance strategies
(http://www.mckenna-group.com). The McKenna Group will broker
relationships with Fortune 100 companies, which require media
distribution and streaming media tools, and will assist in the
development of a strategy for gaining industry adoption of the
recently announced MPE format. According to McKenna partner Phillip
Gerbert, Destiny suffers from an embarrassment of technological
riches: "We are truly excited by the compelling advantages Destiny's
products offer over existing solutions, in terms of technological
performance as well as user friendliness." Phillip will be heading the
initiative with Destiny.
Mr. Gerbert has received a Master's Degree from the Max-Planck
Institute in Munich, Germany, a Certificate from Ecole Normale
Superieure in Paris, France, and a Ph.D. from the Massachusetts
Institute of Technology (MIT), School of Science.
Steve Vestergaard, Destiny CEO comments, "Philip is specially
suited to assist us in both our streaming and music distribution
initiatives. He is the author of Music - The Prototype for the Digital
Economy and Capturing the Value in Broadband Services and has intimate
knowledge and relationships with the industries we are targeting."
Regis McKenna, the chairman of the McKenna Group is included in
the San Jose Mercury News' Millennium 100 as one of the 100 people who
made Silicon Valley what it is today. Mr. McKenna has written and
lectured extensively on the social and market effects of technological
change advancing innovations in marketing theories and practices.
McKenna helped launch some of the most important technological
innovations of the last twenty-five years including the first
microprocessor (Intel Corporation), the first personal computer (Apple
Computer), the first recombinant DNA genetically engineered product
(Genentech, Inc.), and the first retail computer store (The Byte
Shop).
Mr. McKenna and his firm have worked with a number of
entrepreneurial start-ups during their formation years including:
America On Line (NYSE-AOL), Apple (Nasdaq-AAPL), Compaq (NYSE-CPQ),
Electronic Arts (Nasdaq-ERTS), Genentech (NYSE-DNA), Intel
(Nasdaq-INTC), Linear Technology (Nasdaq-LLTC), Lotus, Microsoft
(Nasdaq-MSFT), National Semiconductor (NYSE-NSM), Silicon Graphics
(NYSE-SGI), 3COM (Nasdaq-COMS), and many others. In the last decade,
McKenna has consulted on strategic marketing and business issues to
firms in the United States, Japan, and Europe. Mr. McKenna continues
to be involved in high tech start-up companies through his venture
activities.
Destiny Media Technologies, Inc. (http://www.dsny.com ) has
developed a suite of enabling tools, which facilitate the distribution
of digital media through the Internet in either a streaming or
downloadable form.
The RadioDestiny Broadcaster(TM) (http://www.radiodestiny.com)
allows a user to broadcast live or scripted audio from a computer to
anyone on the Internet. Clipstream(TM) (http://www.clipstream.com)
enables web pages to stream audio without the use of a player.
Video Clipstream(TM) (http://www.videoclipstream.com) is a
prototype technology for embedding streaming audio into a web page.
The MPE(TM) (http://www.destinympe.com) system provides e-commerce
and digital rights management directly from within a multimedia file.
MPE (TM) delivers MP3 files in a secure wrapper, and is compatible
with existing MP3 infrastructure and devices.
"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 |
