Destiny's Play MPE® Service Securely Delivers Major Label Pre-Release
Broadcast Quality Music and Video Content to Radio Stations and Other
VANCOUVER, June 1, 2011 /CNW/ - Destiny Media Technologies (TSXV: DSY)
(OTCBB: DSNY) is pleased to announce that it has been ranked 125th in
the 23rd annual PROFIT 200 ranking of Canada's Fastest-Growing
Companies by PROFIT Magazine, with a growth rate of 390%.
Ranking Canada's Fastest-Growing Companies by five-year revenue growth,
the PROFIT 200 profiles the country's most successful growth
companies. Published in the Summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada's largest annual celebration of
"The PROFIT 200 companies are the innovative, high-growth enterprises
Canada needs to compete on the global stage," says Ian Portsmouth,
Editor-in-Chief of PROFIT Magazine. "PROFIT is proud to celebrate their
achievements and ambitions, and we encourage all businesspeople to
learn more about the many ways they've come so far, so fast."
Destiny Media Technologies, CEO, Steve Vestergaard says the team
appreciates the award and recognition. "As our private industry network
continues to expand, we expect increasing transaction rates to continue
to translate into rapid financial growth."
Destiny's flagship Play MPE® product is a security solution built around
patented locking and watermarking technologies that securely delivers
new music to radio, press and other trusted recipients of pre-release
media. It's in use by all four major record label groups and is being
rolled out to 77 countries around the world. Destiny's other software
solutions include live TV, internet radio, playerless streaming and
online video questionnaire offerings.
About Destiny Media Technologies
Destiny Media is the developer of the Play MPE® system (http://www.plaympe.com) which the recording industry uses to securely distribute new
pre-release music through the internet to trusted recipients such as
radio, media and VIP's. Over 400,000 tracks have been delivered to
50,000 registered industry insiders since launch, representing 240
million deliveries. Real time usage statistics are available at http://www.plaympe.com/v4/company/plaympestats.php and archived press releases are available at: http://www.dsny.com/v7/news/index.php
About PROFIT Magazine:
PROFIT: Your Guide to Business Success is Canada's preeminent
publication dedicated to the management issues and opportunities facing
small and mid-sized businesses. For 29 years, Canadian entrepreneurs
and senior managers across a vast array of economic sectors have
remained loyal to PROFIT because it's a timely and reliable source of
actionable information that helps them achieve business success and get
the recognition they deserve for generating positive economic and
social change. Visit PROFIT online at PROFITguide.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy and accuracy of this release.
SOURCE Destiny Media Technologies, Inc.
For further information:
CEO Destiny Media Technologies, Inc.
604 609 7736 x222