Destiny Media Responds to Press Release from Canadian Competitor
VANCOUVER, September 21, 2009 -- Destiny Media Technologies, Inc. (DSNY OTCBB) announces that it has filed a statement of defense and counterclaim against Yangaroo (YOO-TSX, YOOIF-PK) in the U.S. patent infringement lawsuit brought by Yangaroo. Destiny believes that Yangaroo's case in the U.S. is without merit and will oppose it vigorously. Destiny believes that Yangaroo's press releases are exaggerated and to imply that it has won an "injunction case" when the court has not issued an injunction is misleading. The case has just begun and there is no motion for a preliminary injunction before the court.
Amongst Destiny's several defenses are that Destiny's system simply does not operate the same way that Yangaroo's patent claims call for and that Destiny's technology dates back to well over a year prior to their patent filing dates. Destiny also believes that bringing this case is highly improper as the relevant Destiny computer systems reside outside the borders of the U.S.. It appears that the case was brought despite the fact that Yangaroo was aware of this as a result of the related Canadian litigation. If Destiny prevails, it will seek its costs in this litigation from Yangaroo.
About Destiny Media Technologies
Destiny (www.dsny.com) is a software development company which provides tools that some of the world's largest media companies use to distribute their content on the Internet. Products include Play MPE®, Clipstream® and Radio Destiny™.
CEO Destiny Media Technologies, Inc.
604 609 7736 x222
Safe Harbor Statement:
"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.