Destiny Media Technologies Sponsors Music Festival

VANCOUVER, British Columbia-- Destiny Media Technologies, Ltd (DSNY - Pink Sheets) is proud to be the Internet Media sponsor of Western Canada’s New Music West 2000 music festival, running between May 10 and May 13.


Digital music is revolutionizing the music industry. Today, Internet subscribers are downloading their favorite music from the web and music enthusiasts are creating their own virtual radio stations. At the forefront of this revolution is Vancouver’s Destiny Media Technologies, and their technology will be featured this year at the New Music West Festival.


As part of their technology showcase, Destiny will be airing four/five live broadcasts per night from venues around Vancouver, British Columbia at RadioDestiny ( Music fans can listen to the festival from around the world by simply logging on to the web site and using the multifunctional Destiny Media Player. Some of the featured bands that will be performing via RadioDestiny include Stiff Kitty, Paul’s Driveway and Truck Full of Death.


During the NMW festival, Destiny will be featuring their Destiny Media Player. The world’s smallest, most powerful and versatile digital music player, the Destiny Media Player is Macintosh or PC compatible and plays digital music files or Internet radio broadcasts. It can play mp3, streaming mp3 radio such as Shoutcast, .wav and .wmf files, and audio CDs, all using the familiar and easy-to-use home stereo style interface. The Destiny Media Player also dynamically lists all live RadioDestiny broadcasters.


New Music West delegates will also be learning about Destiny’s proprietary MPE digital format, a rich media format which has the potential to change the way music is bought and sold on the Internet. The MPE digital media distribution system is a form of ”digital shrink wrapping” with full e-commerce capabilities. This technology allows artists and content holders to market and promote themselves freely and easily throughout the Internet, but still be assured that their rights are protected and they are compensated for their works.


Destiny Media Technologies Ltd. ( has been developing leading edge software since 1991. Destiny develops accessible and cost-effective enabling technologies for online media streaming such as the Destiny Media Player ™, the world's smallest and most versatile digital music player and Internet radio receiver; the RadioDestiny Broadcaster ™ software for personal and commercial Internet radio broadcasting; and the Radio Destiny Broadcast Network™, a network of eclectic personal radio webcasters. Destiny software applications are designed to be affordable and simple enough for anyone to use.


``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