DSNY - shooting pennies - www.shootingpennys.com
Folks here is the press release. We all know from the release we had of
dsny recently that they have the technology to give MP3 the answer to
their legal troubles. Read between the lines on this one. He didnt leave
mp3, and now works at dsny. go figure here is the press release
Destiny Media Technologies Appoints MP3.com VP To Board Of Directors
VANCOUVER, B.C.--(BUSINESS WIRE)--Aug. 16, 2000--
Business Development Executive Brings Experience to Destiny's Growth
Destiny Media Technologies, Inc. (OTCBB:DSNY) is pleased to announce the
appointment of Lawrence J. Langs to the company's Board of Directors. Mr.
Langs is currently Vice President of Business Development at MP3.com
(Nasdaq:MPPP).
"We are extremely pleased to have Mr. Langs join us as a Board member at
this stage of our companies' growth" states Steve Vestergaard, Destiny's
CEO. "His tremendous knowledge of the industry and its trends will assist
us to direct our growth and gain adoption of both our streaming products
and the MPE music distribution technologies. We and all our shareholders
look forward to his involvement"
Prior to MP3.com, Larry had a variety of experience as a technology and
entertainment lawyer, a senior management consultant as well as a
technology advocate. Mr. Langs worked with his associates at Interactive
Media Consulting as legal and business counsel exclusively to clients in
the interactive media industry since 1991. Projects entailed joint
ventures, mergers and acquisitions, corporate structuring, intellectual
property, licensing and royalties, venture funding and finance. Industries
include multimedia title development and distribution, interactive
television, commercial and internet based online services and interactive
music products. These activities involved companies such as AT&T,
Paramount, Simon & Schuster, Viacom New Media, Compton's New Media, VPL
Research, Interplay, Broderbund, Time Warner, HyperBole Publishing, Media
Vision, Orion Pictures, Interactive Electronics Corporation and West Coast
Entertainment, among others.
From 1995-96 Mr. Langs was acting Business Development Manager for the New
Media Division of Sybase, at that time the world leader in interactive
television deployments, and the 6th largest software company in the world.
He was involved with strategic interactive television initiatives, was a
team leader for the worldwide launch of Sybase's first series of Internet
database products, and involved with developing and executing strategic
relationships with Internet companies.
Prior experience also includes several years as an Investment Banker for
Chemical Bank in New York, and Senior Strategic Consultant for Arthur D.
Little in Boston. Mr. Langs holds a Juris Doctorate from Boston University
School of Law, and a Master's Degree in Finance and Management of
Technology from the Sloan School of Management at M.I.T. He is a member of
the New York Bar.
Mr. Langs has been Vice President of the Los Angeles Chapter of the
International Interactive Communications Society (IICS), and co-founder of
the Interactive Finance Special Interest Group, and an active member of
the Interactive Multimedia Association (IMA). Mr. Langs has been a speaker
at many interactive media conferences, and guest lecturer at UCLA
Extension classes on new media for the past 6 years. He has taught dozens
of classes on new media law and business for MCLE credit for the
California Bar Association and UCLA. Mr. Langs has been teaching
entertainment law and business for digital media at Full Sail since 1996.
He is on the board of advisors for Visiosonic.com, Entreprenuersfunds
(http://www.entfunds.com/), and Alumniworldwide.com. Mr. Langs is active
in charities for digital media and education, serving as President of the
Emagination Foundation and serves on the board of directors of the
Inspired Foundation (www.inspired.com).
Destiny Media Technologies, Inc. (http://www.dsny.com) is a leader in
developing easy to use tools 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), which enables web pages 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; and the RadioDestiny Broadcaster(TM)
(http://www.radiodestiny.com), which allows a user to broadcast live or
scripted audio 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.
Investment Community:
Paul Andreola, Investor Relations
604/609-7736 ext.229
paul@dsny.com
______________________________________________________________________
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