VANCOUVER, Oct. 15, 2013 /CNW/ - Destiny Media Technologies (TSXV: DSY) (OTCQX: DSNY) is pleased to announce that it will market
its new disruptive, playerless, cross-platform streaming video
technology to web developers at the Seattle Interactive Conference from
October 28 through October 30, 2013 (http://2013.seattleinteractive.com). As a sponsor, Destiny's sales staff will be exhibiting the new
Clipstream® video technology and will be marketing the upcoming Clipstream® Video
Cloud service to web developers and corporate customers. As previously
announced, a full commercial launch of the soon to be released
Clipstream® Video Cloud service is expected before the end of the
company's first fiscal quarter, which ends November 30th.
The Clipstream® Video Cloud service will enable any non-technical
corporate user to easily create videos that play on devices ranging
from TV's, tablets and mobile smart phones, to computers and e-book
readers. In the past, corporations had the choice of using
complicated transcoding and content delivery network services to reach
an audience that spanned devices, using an advertising-supported video
sharing service, or just restricting video playback to computers and
leaving an empty "black rectangle" for viewers trying to access videos
on other types of devices.
"We are excited to begin marketing our new Clipstream® Video Cloud
Service during this pre-launch phase. This will be the first in a
series of offerings that will use our Clipstream® technology and
represents our first steps into a large multi-billion dollar market
opportunity," said Destiny Chief Executive Officer, Steve Vestergaard.
"In addition to ensuring videos play on HTML5-compliant devices,
Clipstream® technology offers several other very compelling value
propositions. Clipstream® will reach up to 50% more users than HTML5
video, there is no transcoding required, and there are no players or
servers to install. In addition, Clipstream® offers watermarking and
extensive security options and videos will play well into the future
without re-encoding. Unlike plug-in solutions, Clipstream® doesn't
expose viewers to the risks of viruses, hackers and privacy
The Clipstream® Video Cloud service will be sold on an automated basis
via the www.clipstream.com internet website. Publishers will use free cloud uploader software to
drag and drop videos in a wide variety of formats including Flash,
Quicktime, WMV, MPEG, and others into the cloud. In return, users will
receive a link that can be embedded into websites, forums, emails,
etc. Even though the video content appears to be part of the web page,
it is actually streamed from Destiny's cloud rather than the web server
displaying the web page. Users of the service will purchase a monthly
package, similar to a cell phone plan, where they provide their credit
card and are charged monthly. Packages include a number of transfer
minutes and usage above that is billed as overage.
About Destiny Media Technologies
Destiny Media Technologies (TSX:DSY) (OTC: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 99%
cost savings from caching. Play MPE® (www.plaympe.com) provides a standardized method to securely and cost effectively
distributes 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:
CEO, Destiny Media Technologies, Inc.
604 609 7736 x222
Three Part Advisors