TORONTO, Dec. 12, 2012 /CNW/ - YANGAROO Inc. (TSX-V: YOO, OTC: YOOIF), the industry's leading secure digital media
management company, is clarifying its press release dated December 6,
2012. The previously announced private placement is securing a maximum
of $350,000 in units, not the previously stated maximum of $200,000 in
units. All other details regarding the private placement remain the
YANGAROO is a company dedicated to digital media management. YANGAROO's
patented Digital Media Distribution System (DMDS) is a leading secure
B2B digital cloud based solution focused on the music and advertising
industries. The DMDS solution provides more accountable, effective, and
far less costly digital management of broadcast quality media via the
Internet. It replaces the physical, satellite and closed network
distribution and management of audio and video content, for music,
music videos, and advertising to television, radio, media, retailers,
and other authorized recipients. The YANGAROO Awards platform powers
many of North America's major awards shows.
YANGAROO has offices in Toronto, New York, Los Angeles, and Dallas.
YANGAROO trades on the TSX Venture Exchange (TSX-V) under the symbol
YOO and in the U.S. under OTCBB: YOOIF.
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 does
not accept responsibility for the adequacy or accuracy of this release.
SOURCE: YANGAROO Inc.
For further information:
Gary Moss at 416-534-0607 ext.111 or visit www.yangaroo.com.