Destiny Media Technologies To Open New, Larger Head Office To Support Its Anticipated Growth
Vancouver, BC – August 15, 2007 – In anticipation of continued rapid growth, Destiny Media Technologies (DSNY: OTCBB) announced today that it will move into a new, larger head office in downtown Vancouver on August 23, 2007.
Comments company CFO, Fred Vandenberg,"Comprising two full floors in a prime location, our new head office will comfortably accommodate the additional staff we plan to hire over the coming months to properly support the continued growth we see in our future. We are mindful of managing our costs and were able to negotiate this significantly larger space at a cost comparable to staying at our old location."
Effective on August 23, 2007, Destiny Media Technologies' new address will be #800 - 570 Granville ST. Vancouver BC V6C 3P1. The phone number (604 609 7736) and fax (604 609 0611) remain the same. The Company also maintains sales and support staff in Alberta, Ontario, Massachusetts, Florida and California.
About Destiny Media Technologies
Destiny Media Technologies, Inc. (www.dsny.com) (DSNY.OB) is a leader in developing easy-to-use tools for distributing media through the Internet. The company's products include : Clipstream™ playerless streaming, Radio Destiny™ internet radio software and MPE™. Destiny's MPE suite of products includes PODDS online music store software and infrastructure, PODDS Internet jukebox software and the Play MPE media distribution system for sending content securely through the Internet. Established in 1991, Destiny is headquartered in Vancouver, Canada.
"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.
Steve Vestergaard, CEO
Destiny Media Technologies, Inc.
(604) 609-7736 (ext. 222)