Destiny Media Technologies Rated One of BC's Top 100 Fastest Growing Companies

Three Major Record Labels Use Play MPE® Product Company Wide to Distribute Pre-Release Music to US Radio
VANCOUVER, B.C., SEPTEMBER 24, 2008 – Destiny Media Technologies (OTC Bulletin Board: DSNY), the global leader in the secure distribution of pre-release music to radio and provider of instant play streaming media, is pleased to announce that it was named as the 64th fastest growing company in BC.

On September 2nd, Business in Vancouver released its annual ranking of BC companies which recognized Destiny Media.  BIV’s list of the Top 100 Fastest Growing Companies profiles British Columbia's most successful growth companies based on five-year revenue growth.

This list appears in Business in Vancouver’s annual book of lists, one of the most useful sources of business information in British Columbia. The companies within the book of lists are the leaders of business in British Columbia.

Company CEO, Steve Vestergaard comments on the results, “Although we are pleased with our five year performance, we expect our ranking to improve next year as we continue to grow.  Our August 31 Play MPE® system revenues grew over 25% from the previous quarter, reflecting the twelfth consecutive quarter of increasing Play MPE® results and we expect to continue to expand usage both domestically and into international markets.” 

About Destiny Media Technologies

Destiny ( is a software development company which provides tools that some of the world's largest media companies use to distribute their content on the Internet.  Products include Play MPE®, Clipstream® and Radio Destiny™.

Company Contact:

Steve Vestergaard CEO Destiny Media Technologies, Inc. 604 609 7736 x222

Safe Harbor Statement:
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.


Keith Loh