To: CIMA who wrote (345 ) 10/4/2000 11:34:29 PM From: scouser Read Replies (1) | Respond to of 369 Could be turnaround time, up 18% today. another news release that went out a few days ago...... RadioDestiny Broadcaster(TM) 3.0 Enters Open BetaNew 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