VANCOUVER, British Columbia, Canada, May 30, 2000 (BUSINESS WIRE) -- Destiny
Media Technologies, Inc. (OTCBB:DSNY) is pleased to announce the appointment of
Mark Toffoli as Vice President of Sales.
Mr. Toffoli will be responsible for building the sales force and implementing
the sales strategy for the Clipstream(TM), Video Clipstream(TM) and MPE(TM)
product lines and for establishing and operating sales offices in North America
and abroad.
Prior to joining Destiny, Mr. Toffoli has had a successful sales career spanning
14 years, most recently with Sprint Canada where he focused on major account
sales of voice, data and Internet applications. Sprint Canada Inc., a wholly
owned subsidiary of Call-Net Enterprises (Nasdaq:CNEBF), is one of Canada's
leading national communications solutions companies, offering voice, data and
online services. His knowledge of both the LAN and WAN environment will be an
asset to the company.
"I look forward to contributing to Destiny's goal of becoming a recognized
leader in new media", said Mark Toffoli. "If Destiny can reach even just a
fraction of our potential then we will have created a clear winner."
Steve Vestergaard, CEO of Destiny Media Technologies, Inc, stated, "This
appointment is a significant achievement. The growing recognition and strategic
position we are securing in this marketplace is attracting top professionals."
Mr. Vestergaard added, "Mark's sales expertise coupled with his industry
knowledge will contribute significantly to ensuring that Destiny establishes a
leadership position in the streaming media and media distribution marketplace."
Destiny Media Technologies, Inc. (http://www.destiny-software.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 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 Software Productions Inc.
1/800-8-DESTINY
604/609-7736 Ext. 25
604-609-0611 (fax)
destiny-software.com
investor@dice.net
URL: businesswire.com
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