Destiny Media Technologies Inc. Form 10-SB; S.E.C. Comments Cleared.Business Wire VANCOUVER, British Columbia--(BUSINESS WIRE)--May 12, 2000 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. (Pink Sheets:DSNY DSNY Department of Sanitation New York DSNY Desi Sounds of New York (band) ) is pleased to announce today that it has received confirmation that the company's 10SB filing with the Securities Exchange Commission has cleared comments. The Company became a "reporting company" effective on January 29, 2000, as that term is defined in the Securities Exchange Act of 1934. The company's annual, quarterly and all other reports required by the Commission can be found at www.freeedgar.com (Central Index Key: 0001099369). Destiny Media Technologies, Inc. (http://www.dice.net) has developed a suite of enabling tools, which facilitate the distribution of digital media through the internet in either a streaming or downloadable form. The RadioDestiny Broadcaster(TM) (http://www.radiodestiny.com) allows a user to broadcast live or scripted audio from a computer to anyone on the Internet. Clipstream(TM) (http://www.clipstream.com) enables web pages to stream audio without the use of a player. The MPE MPE abbr. Master of Public Education (TM) (http://www.destinympe.com) system provides e-commerce and digital rights management directly from within a multimedia file. MPE(TM) delivers MP3 files in a secure wrapper A data structure or software that contains ("wraps around") other data or software, so that the contained elements can exist in the newer system. The term is often used with component software, where a wrapper is placed around a legacy routine to make it behave like an object. , and is compatible with existing MP3 infrastructure and devices. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " 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