Destiny Media Technologies, Inc. Commences Trading on the Berlin Exchange.Business Editors, High-Tech Writers VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 17, 2002 Destiny Media Technologies Destiny Media Technologies OTCBB: DSNY is a developer of internet tools for securing and distributing digital media content. History Destiny Software Productions, Inc. Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DSNY DSNY Department of Sanitation New York DSNY Desi Sounds of New York (band) ) is pleased to announce that it has been granted permission to begin trading on the Third Market Segment of the Berlin Stock Exchange starting on Friday, September 20, 2002. The trading symbol on the Berlin exchange will be "DME (Distributed Management Environment) A network monitoring and control protocol defined by the Open Software Foundation (now The Open Group). DME was not widely used. DME - Distributed Management Environment ", and the German securities-code (Wertpapierkennnummer) will be 935 410. Destiny's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Steve Vestergaard, remarks, "We are very pleased to be approved for trading in Euros on the Berlin Stock Exchange as this will make obtaining our shares easier for European investors. We will commence presentations in Germany and the UK this quarter to introduce Destiny to the European investment community. We believe trading in the Berlin exchange will substantially improve overall trading liquidity in our common stock." The Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. Group facilitated Destiny's listing on the Berlin exchange and is coordinating European investor relations. Destiny is the developer of Clipstream(TM), an instant play streaming technology which reaches almost three times as many viewers as competing solutions which require users to download and configure a player. A customer using a Clipstream(TM) enabled banner, email or web page saves up to 90% on bandwidth costs and 100% on infrastructure costs. Applications for Clipstream(TM) include building television commercials and other content into portals, distance learning, security monitoring, corporate intranets, email marketing and live video broadcasting. Other products by Destiny include MPE MPE abbr. Master of Public Education (TM), a digital rights management system, the Destiny Media Player(TM), an MP3 player and radio receiver and the RadioDestiny Broadcaster(TM), a live internet radio broadcast technology. Established in 1991, the company is headquartered in Vancouver, Canada. "Safe Harbor" statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion