VANCOUVER, Nov. 6, 2015 /CNW/ - Destiny Media Technologies (TSXV: DSY) (OTCQX: DSNY) today announced that it has rolled out a server API (application program interface) for its cloud based streaming video hosting solution. This is in addition to the player API which was released as part of the recently announced fall release.
"We continue to see opportunities to build our offering into a wide variety of products such as video editing and camera software and can imagine a variety of niches where video would improve other companies' offerings", said Destiny's CEO Steve Vestergaard. "Realtors could upload video to their local real estate site, consumers could upload video to classified and dating sites, online retail could let manufacturers provide product videos, ISP's could offer video to their own hosting customers – the possibilities are endless.
We hope to immediately integrate with our first video advertising technology partner announced September 9th.
We feel that the offering of our API provides Destiny a faster path to broad-based commercialization by leveraging the customer relationship's channel partners already have and should in turn accelerate the growth and adoption of the Clipstream solution."
About Destiny Media Technologies, Inc.
Destiny Media Technologies (DSY.V) (DSNY) provides services that enable content owners to securely display and distribute their audio and video content digitally through the internet. The Company's two major services are Clipstream® and Play MPE®. Clipstream® (www.clipstream.com) is a video format that plays on any modern smart phone, tablet, internet, TV, or computer. With Clipstream®, there is no player to configure or install, videos never go obsolete, and there are up to 90% cost savings from caching. Play MPE® (www.plaympe.com) provides a standardized method to securely and cost effectively distribute pre-release music to radio stations and other music industry professionals, before it is ready for sale. More information can be found at www.dsny.com.
SOURCE Destiny Media Technologies, Inc.
For further information: Steve Vestergaard, CEO, Destiny Media Technologies, Inc., 604 609 7736 x222; Investor Relations: Three Part Advisors, Jeff Elliott, 972-423-7070, Dave Mossberg, 817-310-0051