Destiny Media Technologies Inc Announces Pirate Radio® Distribution Agreements
Vancouver, British Columbia, March 21, 2003 - Destiny Media Technologies, Inc. (OTCBB: DSNY; Berlin: DME 935 410) is pleased to announce several distribution agreements for the Pirate Radio™ Internet broadcast suite.
Since the Pirate Radio Network was launched last quarter, four hundred broadcasters have been added, representing twenty two countries. One hundred forty sites have signed up to become affiliates and the traffic to the Pirate Radio Network is growing on a daily basis. There are currently 575,000 registered users of the Destiny Media Player™.
Global Digital Markets (http://www.gdmarkets.com) has agreed to carry Pirate Radio™ for digital distribution. This relationship establishes Pirate Radio™ in the Ingram Micro digital catalogue and on mainstream websites such as Amazon.com (http://www.amazon.com/exec/obidos/tg/detail/-/B00008OTLQ/).
Co-marketing agreements have been signed with both the Internet Underground Music Archive (http://www.iuma.com/ArtistsOnly/) and Metarewards (http://www.metarewards.com) to drive conversions to the Pirate Radio™ website. Reviews of the software have appeared on a number of sites including About.com (http://radio.about.com/cs/pirateradio/gr/pirateradio.htm?terms=pirate+radio).Destiny is also sponsoring a number of radio related keywords on the Google™ search engine with good success.
Comments Destiny product manager, Dave Stevenson, "The strength of the Pirate Radio broadcast community should continue to gain momentum as we secure further distribution agreements. Grassroots marketing through sites like IUMA.com has worked well for Destiny in the past and securing exposure on Amazon.com is a great step forward. I expect sales growth to increase exponentially as word of the good value we offer spreads in the broadcast community."
Destiny Media Technologies, Inc. (http://www.dsny.com) is a leader in developing easy-to-use tools for distributing digital media through the Internet. The company's suite of streaming and downloadable products include : Clipstream™, Destiny Media Player ™, Radio Destiny ™ and MPE ™. 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
"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.