Destiny Media Technologies Appoints MP3.com VP To Board Of Directors.

Business Editors

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.