Destiny Media Added to 'Top 100 Fastest Growing Companies List'
VANCOUVER, British Columbia, Sept. 15 /PRNewswire/ -- Destiny Media Technologies (OTC Bulletin Board: DSNY), the provider of the Play MPE® service, which the recording industry uses globally to securely distribute pre-release music to radio and other trusted users through the internet, is pleased to announce that it has been ranked one of the fastest growing companies in British Columbia.
Business in Vancouver released its annual ranking of BC companies which recognized Destiny Media. BIV's list of the Top 100 Fastest Growing Companies profiles British Columbia's most successful growth companies based on five-year revenue growth. During the period, revenue increased 319% from $697,550 to $2,923,954 (Canadian funds).
This is the company's second recent accolade for revenue growth and growing profits. On June 2, 2010, the company was ranked 173rd in Canada in the "22nd annual PROFIT 100 ranking of Canada's Fastest-Growing Companies", by PROFIT Magazine.
About Destiny Media Technologies
Destiny Media (http://www.dsny.com) is the developer of the Play MPE® system (http://www.plaympe.com) which the recording industry uses to securely distribute new pre-release music through the internet to trusted recipients such as radio, media and VIP's. Real time usage statistics are available at http://www.plaympe.com/v4/company/plaympestats.php
Steve Vestergaard 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.