Could be turnaround time, up 18% today.
another news release that went out a few days ago......
RadioDestiny Broadcaster(TM) 3.0 Enters Open Beta New Internet Broadcasting Tool Reaches More Listeners Than Any Other Popular System
VANCOUVER, B.C., Sep 29, 2000 (INTERNET WIRE via COMTEX) -- Destiny Media
Technologies, Inc. (OTCBB: DSNY) today announced that it will be launching its
long-anticipated next generation Internet broadcasting software package. The
open beta version of RadioDestiny Broadcaster 3.0 will be unveiled on Tuesday 3
October 2000 at the Interactive Music Expo (IMX) in Los Angeles, at booth 1131.
"We are proud to be launching the most comprehensive Internet Radio streaming
solution available," says Keith Gillard, Director of Content Development for
Destiny Media Technologies. "All webcasters, from seasoned pros to hobbyists,
are going to benefit from the intuitive approach and incredible reach of this
new Broadcaster."
RadioDestiny Broadcaster 3 is a quantum leap over previous versions of the
Broadcaster. One fundamental difference is that it streams up to three different
formats simultaneously: RadioDestiny 3 (RD3), streaming MP3 and Clipstream
Radio(TM), Destiny's new Java-based real time streaming audio format.
RD3 automatically adjusts audio quality for each individual listener,
broadcasting at several bit stream rates - ranging from 12 to 256 kbps. This
player-based solution utilizes the Destiny Media Player(TM), a full-featured
digital audio player offering maximum flexibility for best results with each
listener. The net result is a silkiest smooth streaming sound experience
available for the end user.
Streaming MP3 will be included in the full release of the RadioDestiny
Broadcaster and offers clear but non-flexible audio quality, in that it can only
stream at one bit rate at a time. It has the advantage of a large existing
install base of users with compatible player software, such as Winamp, Music
Match or the Windows Media Player. The RadioDestiny Broadcaster has the distinct
advantage of being dramatically easier to operate than any of the popular MP3
broadcast software packages currently available.
With Clipstream Radio(TM), the new RadioDestiny Broadcaster ensures that 95% of
the Internet audience can listen to real-time streaming audio without needing to
download or install any program or plug-in. Clipstream Radio uses a tiny Java
applet, which can be resident on any webpage, in e-mail or within a banner ad,
to receive and playback the RadioDestiny Broadcaster signal. Clipstream Radio is
essentially playerless live radio.
According to Jupiter Communications' July 2000 Plug.In Report, less than half of
Internet users actually listen to streaming audio using any of the existing
broadcast or player technologies. This means that the RadioDestiny Broadcaster
3.0 will reach more listeners than all other popular Internet broadcast formats
put together.
The RadioDestiny Broadcaster is not limited to audio only. MPE(TM) metadata can
also be streamed, so that radio signals contain album covers, lyrics, and
e-commerce links as well as audio. Listeners can immediately learn more about
the music playing, and can buy it instantly and directly from broadcasters,
either in CD form or as secure MPE downloads. MPE is Destiny's secure MP3
wrapper technology which is used to sell or otherwise distribute music files
online without fear of piracy. MPE files are currently being distributed over
the web and through file-sharing networks such as Gnutella.
"This Broadcaster really brings all our audio technologies together," says
Gillard. "Live radio, Clipstream and MPE secure downloads used to separate
concepts, but this product unites them into a complete end-to-end audio
distribution system. We're really excited to see what some of our customers have
planned for the technology."
Destiny Media Technologies, Inc. (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) (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) (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) (www.videoclipstream.com), a
prototype technology for embedding streaming video into a web page or e-mail;
and the RadioDestiny Broadcaster(TM) (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: Keith Gillard
Director of Content Development
Destiny Media Technologies, Inc.
604-609-7736 ext. 226
Paul Andreola
Investor Relations
Destiny Media Technologies, Inc.
604-609-7736 ext. 229 |
