Destiny Releases VideoClipstream and Clipstream Pro At Streaming Media West 2000.

Business Editors

VANCOUVER, B.C.--(BUSINESS WIRE)--Dec. 12, 2000

Company Releases Improved Java Based Streaming Media Tools

Destiny Media Technologies, Inc. (OTCBB:DSNY) announces that they will showcase the latest developments in their proprietary Java based streaming media tools.

Destiny will preview its upcoming VideoClipstream(TM) playerless java video streaming solution and its improved Clipstream(TM) 2.0 Professional edition at this year's Streaming Media West. Destiny will be exhibiting at booth #827, December 12-14 in San Jose, California.

Both VideoClipstream(TM) and Clipstream(TM) Pro provide, ease of use and a high level of flexibility for web developers and e-marketers using streaming media in their email, banner ads and websites.

Clipstream(TM) www.clipstream.com is a small but powerful Java applet that streams high quality audio of any length to web browsers and email clients without the need for a player download or a special media server. The new 2.0 Pro version provides additional options to developers such as skin creation to allow seamless visual design, advanced Javascript interaction enabling various trigger events to activate the stream, streamlined production and implementation and greater dynamic range in the audio stream.

VideoClipstream(TM) www.videoclipstream.com further enhances the Clipstream(TM) technology by adding on-demand video streaming. Using standard http servers, VideoClipstream(TM) streams motion video at bit rates ranging from 28 to 800kpbs to Java-capable browsers and email clients, again without the need for plugins or extra players.

"VideoClipstream(TM) is an exciting addition to our Java based playerless strategy. Clipstream(TM) is the most robust playerless audio and video solution for web marketers targeting an increasingly diverse assortment of platforms, browsers and email clients," said Destiny's Chief Operating Officer, Ed Kolic. "By using Clipstream's Java media streaming, you can be assured that your streaming media will reach 93% of the Internet audience easily and simply, without forcing them to download a player."

Clipstream(TM) java playerless audio technology is being used by such companies as MP3.com (Nasdaq: MPPP), Bell South (NYSE: BLS), and TouchMarketing Inc. to add quality streaming audio to web marketing campaigns and websites.

Streaming Media West is the major streaming industry event of the year, and is expected to host 15,000 attendees and over 275 exhibitors.

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; VideoClipstream(TM) http://www.videoclipstream.com is Destiny's proprietary 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.