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Destiny Announces Prominent Additions to Board of Advisors.

Business Editors

VANCOUVER, B.C.--(BUSINESS WIRE)--March 29, 2001

Destiny Media Technologies, Inc. (OTCBB:DSNY) today announced six additions to the board of advisors.

The board of advisors will help develop the international sales strategy and further the business growth for the company's suite of streaming and secure digital distribution products.

Kerry Williams was most recently an executive vice president at Corel Corporation (Nasdaq: CORL). Mr. Williams was responsible for a $100 million ad budget at Corel and personally negotiated and dealt with all publications. Kerry managed all aspects of Corel products from engineering hand off until receipt by customer. Mr. Williams will advise management on critical aspects of distributing Destiny's products and building out the sales channels.

Brian Cott was founder and President of CallPro Canada Inc. In late 1998, CallPro Canada was acquired by LGS Group, a $250 million international systems integration and management consulting firm. Mr. Cott was appointed Vice President and General Manager of the Electronic Commerce Business Unit (ECBU) of LGS. LGS was acquired by IBM Global Services. Prior to CallPro, Mr. Cott spent six years as part of the start-up team, and ultimately the Vice President of Sales and Marketing, for what grew to be Canada's largest interconnect company. Mr. Cott holds an honors degree in Business Administration from York University.

Feisal A. Dedhar is currently a member of the Board of Directors of the Financial Executives Institute of Canada Vancouver Chapter, and the Canadian, Alberta and British Columbia Institutes of Chartered Accountants. A Chartered Accountant, he holds a B.Comm from the University of Calgary. Feisal is currently the Chief Financial Officer of Bennett Environmental Inc. (TSE: BEV). Prior to joining Bennett, Feisal was a partner at a Calgary based capital corporation and a chartered accounting firm, which together with its affiliated companies acquired various businesses including manufacturing; oil and gas limited partnerships and real estate developments.

Alf Sanderson has served in executive roles with Go Vacations America Inc, Carriage Lane Furniture and for the past eight years has operated as a private consultant to firms operating in the public market. He has a strong background in company valuations and preparation of business plans. His credentials include a Partners and Directors certification from the Canadian Securities Institute. He has studied business administration at the University of Calgary and is a Member and registered student in the Canadian Institute of Chartered Business Valuators

John Irish has had a diversified career from senior corporate management positions in sales & marketing for Union Carbide, Smith Kline Beecham & Hallmark Cards in Canada and the USA to partnerships within the hospitality/entertainment industries located in the Caribbean, Canada and the USA where he was a high profile and successful entrepreneur. Recently he was a business consultant to such companies as Corel Corporation; Kelsey's Roadhouses; Oryx Industries and Hall Train Moving Pictures Ltd.

Matteo Bossio is President & CEO of Hall Train Entertainment Inc, a communications company that develops and produces a diverse line of products including design, concept development, live and dimensional animation, fabrication, special effects, interactive media and film production. Mr. Bossio also oversees the operations of HTE's subsidiary, Hall Train Moving Pictures Ltd. and its newest acquisition GPSMAX Wireless Technologies Inc. GPSMAX is set to become a wireless Web-based applications service provider specializing in the delivery of fully integrated solutions that link mobile users to a GPS directory of independent business establishments.

These six will be joining Roald Thomas and Yoshitaro Kumagai who have been on the board of advisors since 1999.

Roald Thomas is currently president of Ignition Strategies Inc., a business management company. Mr. Thomas has 25 years of senior management experience in marketing management including Executive Vice President, Palmer Jarvis DDB, one of Canada's largest communications groups with over 220 staff and $220 million in annual billings.

Yoshitaro Kumagai is a highly respected leader in the high-tech industry with over 20 years experience in the electronics and consumer fields. He held key senior management and executive positions at the following companies: Mead, Singer, IDEC Corp. and DPA Technology in addition to serving as Chairman and CEO of Vivatar Corporation. Mr. Kumagai represents Destiny's products in Japan.

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.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 29, 2001
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