Musicrypt announces Executive and Board changes



    TORONTO, June 26 /CNW/ - Musicrypt Inc. (TSX-V: MCT, OTC: MCYPF), the
leader in secure digital media distribution, is pleased to announce that Garry
Wallace has been appointed Senior Vice President Sales and advertising
entrepreneur Len Gill has been elected to the Board of Directors, replacing
Gerry Lacoursiere who is retiring after eight years of distinguished service.
Chris Montgomery is leaving the position of Executive Vice President Global
Marketing to pursue other opportunities.
    Garry Wallace holds a BSc degree in Psychology from the University of
Toronto and an Electronic Technologist diploma in Design from Centennial
College. Garry started his career in the Networking Division of Xerox Co. and
rose to executive positions in Service, Sales, Sales Management, General
Management and Marketing. Leaving Xerox as Director of Partnering after a
23 year span, in the early 90's Garry joined the Canadian Imperial Bank of
Commerce's strategy office as Director of Sales and Service. In the mid-90's
Garry joined Compaq Computers as Vice President of Services Sales. In 2000
Garry became President and CEO of Telepanel Systems, a public company where he
brought multiple rounds of financing to the firm and engaged numerous industry
partners. Currently Garry is a director of CIUT radio based at the University
of Toronto and is a director for the web search marketing firm, Avalanche
Networks.
    Len Gill founded Echo Advertising and Marketing and operated it
profitably as Chairman and CEO for 26 years. Echo grew to become one of the
five dominant entertainment specialist-advertising agencies in the world
employing 185 personnel with offices in Toronto, Mexico, London and New York.
Echo developed and created the materials for some of the largest tours of all
time, including the Rolling Stones, Pink Floyd, U2, and Crosby, Stills, Nash
and Young. In addition, Echo marketed over 60 motion pictures a year, Broadway
productions and motorsport events, developed the Amex 'Front of the Line'
program, and handled all advertising for Labatt's Brewery and The Toronto Blue
Jays. In 2002, Len sold the agency to UK based CSS Stellar. In 2005, Len
started a new entertainment focused marketing enterprise called twenty6two
Int'l, responsible for all the advertising and marketing for Barbra Streisand
world tour, the Rolling Stones, "A Bigger Bang", the WHO and Genesis.
    "We are fortunate to have someone with Garry Wallace's experience as a
top sales executive join our team, plus Len Gill will bring significant
expertise in the advertising space as we move into that exciting new
vertical," said John Heaven, President & CEO of Musicrypt. "Gerry Lacoursiere
has been a director from the beginning and his input at the boardroom table
will be sorely missed. Chris Montgomery has made a valuable contribution to
the growth of Musicrypt and we wish him continued success in his future
endeavours."
    Musicrypt's patented DMDS provides a perfect vehicle for the delivery of
all files, large or small, audio or video. Working to create a more efficient
digital distribution model for the ad sector, the company will build on the
success it has enjoyed in the music sector. Features include transparent and
fully portable biometric user authentication and the ability to securely
access media from any computer anywhere in the world without subscription
based hardware or satellite fees. Further benefits of DMDS include broadcast
quality files, accountability and real-time online reporting.
    Musicrypt is powering the changes occurring in the digital music industry
with its patented DMDS technology. Musicrypt is partnered in the U.S. with
Billboard, R&R and Nielsen BDS; in the UK, Europe and Australia with Adstream
Ltd; and is marketed to the U.S. advertising industry by AWE, a division of
Omnicom, and The Gary Group. DMDS is the only digital delivery system that can
deliver music throughout the U.S., Canada and the UK.

    About Musicrypt Inc.:

    Musicrypt's patented Digital Media Distribution System (DMDS) is a
leading secure B2B digital delivery solution for the music and advertising
industries. DMDS is a web-based delivery system that pioneers secure digital
file distribution by incorporating biometrics, high-value encryption and
watermarking. DMDS replaces the physical distribution of musical recordings
and advertising to radio, media, retailers and other authorized recipients
with more accountable, effective and far less costly digital delivery of
broadcast quality media via the Internet. Musicrypt trades on the TSX Venture
Exchange (TSX-V) under the symbol MCT and in the U.S. under OTCBB:MCYPF. For
more information on Musicrypt, please contact Cliff Hunt at 905-763-3553 or
visit www.musicrypt.com.

    The statements contained in this release that are not purely historical
are forward-looking statements and are subject to risks and uncertainties that
could cause such statements to differ materially from actual future events or
results. Such forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. The TSX
Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.

    %SEDAR: 00018809E




For further information:

For further information: PR Contact for Musicrypt Inc.: Sarah Miller,
Axis Marketing & PR, Tel: (310) 276-2220, smiller@axismarketingpr.com

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