Destiny Media Technologies, Inc. Announces Telestream FlipFactory Encoding Support for Clipstream®

Vancouver, BC and Nevada City, Calif., March 15, 2002 - Destiny Media Technologies, Inc. (OTCBB: DSNY) and Telestream, Inc. (http://www.telestream.net) are pleased to announce that Telestream has integrated the Clipstream™ encoder into their Flipfactory™ transcoding automation software. Designed for high volume encoding needs, processing can take place across one or more multi-processor load-balanced servers. The resulting Clipstream™ files are automatically uploaded to the web site, ready for instant viewing by most browsers.

Destiny Channel Manager, John Pillsbury, speaks highly of the relationship with Telestream. "Larger customers need an easy way to encode and upload large volumes of video content to their sites. This relationship exposes Telestream's customers to the benefits of playerless streaming, while providing our customers an automated way to create and upload content."

Telestream and Clipstream combine to provide a fast, affordable creation process that simplifies the task of embedding streaming media content into any web based application, including web pages, emails and banner advertisements. Automated streaming media publishing eliminates the time-consuming, very labor-intensive process of accessing and encoding source media. Application of video and audio processing filters, such as watermarks, cropping and audio adjustments enhance and protect media assets. Automated delivery to the web server eliminates the need for expensive, dedicated server technology. Playerless streaming media technology enables over 90% of web surfers to view the video message without having to rely on external player applications or bulky plug-ins. Media can be streamed even through firewalls.

Telestream and Clipstream make it easy for content creators, owners and businesses to stream compelling video content to viewers without the need for special servers, software or programming knowledge. The combined solution provides labor savings, easy uploading and simple file storage of high-quality Java streaming files.

"The Clipstream encoder provides a solution that many customers are looking for - how to reach the broadest audience without needing to produce content in multiple formats and having to support multiple streaming servers," commented David Heppe, VP of marketing and business development for Telestream. "We're pleased to offer a scalable, automation tool in FlipFactory for customers looking to produce playerless streaming media."

The Telestream™ / Clipstream™ solution will be highlighted at the National Association of Broadcasters convention in Las Vegas April 6-11 in the LVCC new South Hall at Telestream booth L20658.

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.  
Steve Vestergaard
steve@dsny.com
President & CEO
Destiny Media Technologies, Inc.
604-609-7736 ext. 222

 

Keith Loh