Visiosonic to Integrate Destiny Media Technologies' MPE Technology into PCDJ Digital Music Player.Business/Music Editors & Technology Writers VANCOUVER, British Columbia--(BUSINESS WIRE)--April 2, 2004 Company Signs Another Partner in Quest to Become "Industry Standard" 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) )(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) announced today that Visiosonic is integrating Destiny's patent pending MPE MPE abbr. Master of Public Education (TM) technology into its popular PCDJ PCDJ Personal Computer Disc Jockey music playback software. Visiosonic is a leading provider of internet-based software and hardware for professional DJ's. Its PCDJ (www.pcdj.com) software and hardware provides for better creative control over their performances. Since its founding in March 1999, Visiosonic has quickly become the recognized industry leader in the new internet music economy. "Our MPE(TM) technology is already supported by the Destiny Media Player(TM) and secure watermarked versions of MPE(TM) tracks can be exported to CD," said Destiny Media'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. "However, for the MPE(TM) technology to become the standard music delivery format, we will need strong support from third party products. I'm pleased we are able to partner with Visiosonic as we pursue our strategy to become the industry standard for delivering content to radio, the recording industry and to commercial customers." The MPE(TM) system is uniquely suited for digital delivery of music. Songs are locked down so they will only play on authorized computers. If the songs are exported to CD, a digital watermark is invisibly embedded into the song, so the originating computer can be identified. The quality is significantly higher than an MP3 file of similar size and an MPE(TM) can be configured to play itself. Songs are announced via a Clipstream(TM) powered playerless preview email. A sophisticated "back end" digital rights management system provides statistical reporting and online access to a catalogue of authorized tracks. Since the Canadian recording industry began using the MPE(TM) delivery system in October 2003, a total of 933 tracks have been released to radio, providing music directors nearly instant access to the latest music. There are currently 1041 registered users of the system in Canada. 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 include: Clipstream(TM), Destiny Media Player (TM), Radio Destiny (TM) and MPE (TM). Established in 1991, the company is headquartered in Vancouver, Canada. "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. |
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