DSNY Destiny Media Technologies Announces VideoClipstream License Agreement with Mount Sinai School of Medicine Streaming Video Technology to Deliver Distance LearningEducation for Medical School VANCOUVER, British Columbia, Jun 25, 2001 (BUSINESS WIRE) -- Destiny Media Technologies, Inc. (OTCBB: DSNY) is pleased to announce the license of VideoClipstream(TM) to Mount Sinai School of Medicine for use in distributing multimedia materials from their website (http://www.mssmtv.org). Mount Sinai School of Medicine offers Continuing Medical Education through a combination of traditional and online delivery methods, to a worldwide audience of physicians, nurses, pharmacists, technicians, and other healthcare professionals. The Mount Sinai School of Medicine is currently ranked 23rd by U.S. News & World Report in their listing of Top Medical Schools - Research. One of the oldest and largest teaching hospitals in the United States, Mount Sinai is also among the "Best Hospitals In America" in several specialties, according to U.S. News & World Report. Destiny VP Sales, Mark Toffoli speaks to the opportunity of the distance learning market, "Training centres are looking for innovative ways to deliver content to their students. VideoClipstream(TM) is well suited, as the content is available for streaming in a high quality format, on demand, from any standard web server, in a format that is readily accessible by 93% of all the mainstream web browsers." Frederick Bobrow, Director of Educational Technology For Continuing Medical Education states, "In our quest to serve the Medical Community it is our expectation that Videoclipstream(TM) will be a valuable tool to ensure the user has a smooth and seamless experience. With all the variables involved in streaming educational content, Videoclipstream allows one to reach the widest audience with the easiest client interface." A proprietary technology developed by Destiny, VideoClipstream(TM) enables the delivery of streaming audio/video directly from a banner, e-mail or web page without the need for an external player or plug-in. As a java-based technology, VideoClipstream(TM) can be natively played by approximately 93% of web users and the consumer is not required to download or configure a player. To ensure the highest quality streaming experience, VideoClipstream(TM) also automatically detects the user's connection speed to deliver the most appropriate stream size. VideoClipstream(TM) is one of the only streaming formats to be accessible through a firewall. Destiny Media Technologies, Inc. (http://www.dsny.com) is a leader in developing easy-to-use tools and enabling technologies to distribute digital media through the Internet. The company's suite of streaming and downloadable products includes: MPE(TM) (http://www.destinympe.com), a complete, secure media distribution system that provides e-commerce and digital rights management directly from within an MP3-compatible multimedia file; Clipstream(TM) (http://www.clipstream.com), a java-based tool which enables web pages, e-mail and banners to stream audio without the use of a player; Video Clipstream(TM) (http://www.videoclipstream.com), a prototype technology for embedding streaming video into a web page or e-mail; and the RadioDestiny Broadcaster(TM) (http://www.radiodestiny.com), which allows a user to webcast live or scripted internet radio from a computer to anyone on the Internet. Established in 1991, the company is headquartered in Vancouver, Canada. "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. CONTACT: Destiny Media Technologies, Inc. Ed Kolic, 604/609-7736 ext. 224 ed@dsny.com Arni Johannson, 604/609-7736 ext. 239 arni@dsny.com or Mount Sinai School of Medicine Frederick Bobrow, 212/241-6737 fbobrow@mssmtv.org URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2001 Business Wire. All rights reserved. -0- KEYWORD: NEW YORK INTERNATIONAL CANADA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS E-COMMERCE HARDWARE INTERNET MARKETING AGREEMENTS *** end of story *** |