Great news and the price drops :-(
touchMarketing.com To Use Destiny Streaming Audio Technology
Wed Jul 26 12:15:00 EDT 2000
VANCOUVER, B.C., Jul 26, 2000 (BUSINESS WIRE) --
Subsidiary of Multiple Zones International Licenses
Clipstream(TM) Product To Develop Cutting-Edge E-Marketing
Programs
Destiny Media Technologies, Inc. (OTCBB:DSNY) today announced it has signed a
major licensing agreement with touchMarketing.com, a wholly owned subsidiary of
Multiple Zones International, Inc (Nasdaq:MZON), for Destiny's streaming audio
product Clipstream(TM).
This agreement allows touchMarketing.com to offer audio-enabled e-mails as part
of its suite of e-Marketing products and services, positioning the company at
the forefront of Internet marketing.
A proprietary technology developed by Destiny, Clipstream(TM) enables the
delivery of streaming audio directly from an e-mail without the need for an
external player or plug-in. As a java-based technology, Clipstream(TM) audio can
be heard by approximately 93% of web users, with instantaneous downloading. To
ensure the highest quality audio experience, Clipstream(TM) also automatically
detects the user's connection speed to deliver the most appropriate stream size.
Current solutions provided by companies such as Real Networks or Microsoft
requires an external player, which cannot be embedded directly into an e-mail.
Because Clipstream(TM) is java based it is natively supported by HTML e-mail
programs.
"This sale helps to prove the value in our technology of enable streaming audio
that doesn't require the end user to support any special player to hear the
message," said Mark Toffoli, VP Sales for Destiny. "touchMarketing.com is a
valuable partner for Destiny in our mission to bring rich media delivery to
everyone on the internet. This agreement will expose many new users to the
richness and capability of our Clipstream(TM) audio streaming technology."
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.
This press release may contain forward-looking statements, particularly as
related to the business plans and technologies of the Company. All
forward-looking statements are subject to certain risks, uncertainties and
assumptions, including changes in market conditions in the industries in which
the Company operates. Some of these risks are more fully described in the
Company's registration statement and reports filed with the Securities and
Exchange Commission. Should one or more of these risks or uncertainties
materialize, or should the assumptions prove incorrect, actual results may vary
in material aspects from those currently anticipated.
CONTACT: Destiny Media Technologies, Inc.
Paul Andreola
Investor Relations
604/609-7736 ext. 229
paul@dsny.com
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