To: mad_capper who wrote (125 ) 1/21/2000 11:13:00 AM From: scouser Read Replies (1) | Respond to of 369
NEWS out on Destiny- Fantastic deal with the largest real estate organisation in the USA and Canada. I can just imagine the revenue this deal brings. Friday January 21, 9:04 am Eastern Time Company Press Release Destiny Grants Exclusive License to Embed Streaming Audio in Real Estate Web Sites VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 21, 2000-- Clipstream -- Destiny's new Java-based streaming audio technology allows users to view properties while listening to voice over descriptions; Plug-in free audio streaming solution provides a simple and easy to use experience for real estate shoppers Destiny Media Technologies, Ltd (Pink Sheets:DSNYD) announced today the granting of an exclusive license for the use of Clipstream(TM) (http://www.clipstream.com ) for the North American real estate Web site market to Transmeridian Communications, Inc., owner and operator of Phototours.net (http://www.phototours.net). Phototours.net specializes in providing on line multiple picture real estate virtual tours, advanced communication capabilities, web site development and hosting of of cutting-edge Web sites for real estate professionals. Phototours are available for public viewing via Phototours.net's exclusive multiple picture on-line listings database (the largest one of its kind in Western Canada, including MLS). What's more, the database features 360 degree Virtual Phototours(TM), and within the next three years, will include over 80 major metropolitan real estate markets throughout the United States and Canada. With Destiny's new Clipstream(TM) product, realtors now have the ability to add audio to their Web site and portfolio of listings. ''We're very excited about our new partnership with Destiny and the inclusion of Clipstream(TM) within our existing product and service line,'' says Luc Gaudreault, Chairman, President and CEO of the Transmeridian Group of Companies. ''Early feedback from our customers indicates strong demand for Destiny's new Java-enabled audio technology.'' ''With over 2 million properties listed for sale on the Internet today, we see the real estate industry as a very large and lucrative market for our products, particularly Clipstream(TM),'' says Steve Vestergaard, CEO and president of Destiny Media Technologies. ''We believe Phototours offers a very compelling and powerful package of services to the real estate industry and with the addition of Clipstream(TM) will offer everything the professional realtor needs to market successfully on the internet.'' The agreement includes terms for site cross promotion and Phototours being granted the official licensed Clipstream(TM) reseller to the real estate industry. Destiny's Clipstream(TM) technology, launched at the Streaming Media West '99 Show in San Jose has been very well received. Clipstream software is a new web development tool that requires no programming knowledge and enables any user with a java-enabled browser to hear streaming audio without the need for players, plug-ins or special servers. Clipstream is the simplest solution for adding audio to a web page. For more information visit clipstream.com Destiny Media Technologies Ltd., headquartered in Vancouver, Canada and on the Web at www.destiny-software.com, has been developing leading edge software since 1991. Destiny develops accessible and cost-effective enabling technologies for online media streaming such as the Destiny Media Player, the world's smallest and most versatile digital music player and Internet radio receiver; RadioDestiny Broadcaster software for personal and commercial Internet radio broadcasting; the Radio Destiny Broadcast Network, a network of eclectic personal radio webcasters; and Clipstream(TM), a streaming audio clip tool that plays sound instantly on any java-enabled browser. All Destiny software applications are based on its proprietary .dny streaming media format and are designed to be affordable and simple enough for anyone to use. ''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 Arni Johannson, 604/609-7736 ext. 25 Fax, 604-609-0611 investor@dice.net destiny-software.com