Destiny Media Technologies Announces Clipstream Integration into Online Video Greeting Cards.Business Editors/High-Tech Writers VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 24, 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. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DSNY DSNY Department of Sanitation New York DSNY Desi Sounds of New York (band) )(Berlin: 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 935 410) is pleased to announce that it has licensed Clipstream(TM) instant play streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. technology to DVGreets, Inc. (http://www.dvgreets.com) for use in online digital video greeting cards. The cards feature music videos and occasion specific messages from leading smooth jazz and pop performers, including Kenny Loggins, Dave Koz, Michael McDonald, Jim Brickman, Mannheim Steamroller, George Duke and Kirk Whalum. "I'm proud to have Clipstream(TM) associated with DVGreets and their talented performers," comments Destiny 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. "Their digital video greeting cards raise the bar for the whole industry." Digital video cards from DVGreets are comparably priced to paper greetings, but site visitors can test-drive a free Mannheim Steamroller Christmas DVG DVG Divers Gauche (France, politics) DVG Discrete Value Group DVG Deutsche Vakuum-Gesellschaft eV (German Vacuum Society) DVG Digital Video Generator DVG Digital Voice Guard . A DVG is sent as an email and uses Clipstream(TM) video streaming technology. This means that senders and receivers do not need special software or plug-ins. "No cards, no postage, just select and send. If you've got e-mail, you should be able to send and receive DVG's," said Lamonica Thomas, CEO DVGreets, Inc. The initial focus for DVGs from DVGreets is on fans of smooth jazz. This focus on smooth jazz leverages DVGreets' founder's 15 years of industry experience, including roles as program director of smooth jazz and urban adult radio formats. But Ms. Thomas already has plans to expand rapidly into country western and other genres for other holiday rollouts. "DVGs communicate powerful messages, through whichever music you're passionate about," said Thomas. "Musicians are excited. Our users are excited. They can send a virtual embrace at the touch of a button." About DVGreets, Inc DVGreets, Inc. is a private, women/minority owned business committed to high-quality, feel-good, on-line greetings. About Destiny Destiny Media Technologies, Inc. (http://www.dsny.com) is a leader in developing easy-to-use tools for distributing digital media through the Internet. The company's suite of streaming and downloadable products includes: Clipstream(TM), Destiny Media Player (TM), Radio Destiny (TM), Pirate Radio (TM) and MPE MPE abbr. Master of Public Education (TM). Established in 1991, the operating subsidiary, Destiny Software Productions, Inc. 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. |
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