MP3.com VP Appointed to Destiny Media Technologies Board Of Directors
Destiny Media Technologies, Inc. (OTCBB: DSNY - news) is pleased to announce the appointment of Lawrence J. Langs to the company's Board of Directors. Mr. Langs is currently Vice President of Business Development at MP3.com (Nasdaq: MPPP - news).
``We are extremely pleased to have Mr. Langs join us as a Board member at this stage of our companies' growth'' states Steve Vestergaard, Destiny's CEO. ``His tremendous knowledge of the industry and its trends will assist us to direct our growth and gain adoption of both our streaming products and the MPE music distribution technologies. We and all our shareholders look forward to his involvement''
Prior to MP3.com, Larry had a variety of experience as a technology and entertainment lawyer, a senior management consultant as well as a technology advocate. Mr. Langs worked with his associates at Interactive Media Consulting as legal and business counsel exclusively to clients in the interactive media industry since 1991. Projects entailed joint ventures, mergers and acquisitions, corporate structuring, intellectual property, licensing and royalties, venture funding and finance. Industries include multimedia title development and distribution, interactive television, commercial and internet based online services and interactive music products. These activities involved companies such as AT&T, Paramount, Simon & Schuster, Viacom New Media, Compton's New Media, VPL Research, Interplay, Broderbund, Time Warner, HyperBole Publishing, Media Vision, Orion Pictures, Interactive Electronics Corporation and West Coast Entertainment, among others.
From 1995-96 Mr. Langs was acting Business Development Manager for the New Media Division of Sybase, at that time the world leader in interactive television deployments, and the 6th largest software company in the world. He was involved with strategic interactive television initiatives, was a team leader for the worldwide launch of Sybase's first series of Internet database products, and involved with developing and executing strategic relationships with Internet companies.
Prior experience also includes several years as an Investment Banker for Chemical Bank in New York, and Senior Strategic Consultant for Arthur D. Little in Boston. Mr. Langs holds a Juris Doctorate from Boston University School of Law, and a Master's Degree in Finance and Management of Technology from the Sloan School of Management at M.I.T. He is a member of the New York Bar.
Mr. Langs has been Vice President of the Los Angeles Chapter of the International Interactive Communications Society (IICS), and co-founder of the Interactive Finance Special Interest Group, and an active member of the Interactive Multimedia Association (IMA). Mr. Langs has been a speaker at many interactive media conferences, and guest lecturer at UCLA Extension classes on new media for the past 6 years. He has taught dozens of classes on new media law and business for MCLE credit for the California Bar Association and UCLA. Mr. Langs has been teaching entertainment law and business for digital media at Full Sail since 1996. He is on the board of advisors for Visiosonic.com, Entreprenuersfunds (http://www.entfunds.com/), and Alumniworldwide.com. Mr. Langs is active in charities for digital media and education, serving as President of the Emagination Foundation and serves on the board of directors of the Inspired Foundation (www.inspired.com).
About Destiny Media Technologies, Inc.
Destiny Media Technologies, Inc. (http://www.dsny.com) is a leader in developing easy-to-use tools and enabling technologies to distribute digital media through the Internet. The company's suite of streaming and downloadable products includes: MPE™ (http://www.destinympe.com), a complete, secure media distribution system that provides e-commerce and digital rights management directly from within an MP3-compatible multimedia file; Clipstream™ (http://www.clipstream.com), a java-based tool which enables web pages, e-mail and banners to stream audio without the use of a player; Video Clipstream™ (http://www.videoclipstream.com), a technology for embedding streaming video into a web page or e-mail; and the RadioDestiny Broadcaster™ (http://www.radiodestiny.com), which allows a user to webcast live or scripted internet radio from a computer to anyone on the Internet. Established in 1991, the company is headquartered in Vancouver, Canada.
For more information contact:
|Destiny Media Technologies, Inc.|
President & CEO
Destiny Media Technologies, Inc.
604-609-7736 ext. 222