Destiny Media Technologies Appoints Senior Digital Media Executive Haig Bagerdjian to the Company’s Board of Directors
Vancouver, BC – January 23, 2015 – Destiny Media Technologies (TSXV: DSY) (OTCQX: DSNY), today announced that senior digital media executive Haig Bagerdjian has joined the Company’s Board of Directors.
“We are pleased to announce that Haig Bagerdjian, a veteran digital media executive, has joined the Company's Board of Directors,” said Steve Vestergaard, Destiny Media’s Chief Executive Officer. “Haig brings a wealth of knowledge in the digital media space and furthermore a diverse background with innovative technology companies in executive positions for over 30 years. We look forward to his contribution to the Board going forward as the Company moves into the commercialization phase of our Clipstream technology and to drawing on his wide range of expertize to provide strategic guidance as we execute the Company’s long-term plans. In conjunction with the appointment of Haig Bagerdjian, Lawrence Llangs will be resigning his positon on the Board of Directors. We would like to thank Lawrence for his time and contribution to Board and are pleased that he will now be moving into a position on the Company’s Advisory Board.”
Haig Bagerdjian is currently Chairman and Chief Executive Officer of Point.360 (http://www.point360.com/), a full-service audio-visual asset management and distribution company that has been serving the entertainment industry for over 30 years. He has been Chairman of Point.360 since 2001 and CEO since 2002. Prior to joining Point.360, he was Executive Vice President of Syncor International Corporation, a leading provider of radiopharmaceuticals, comprehensive nuclear pharmacy services and medical imaging services from 1991 to 2002. From 1987 to 1991, he served in several executive level positions at Calmark Holding Corporation. He also was General Counsel for American Adventure, Inc., which was a subsidiary of Calmark Holding and he is currently a director of Innodata-Isogen, Inc. Mr. Bagerdjian received a J.D. from Harvard Law School and is admitted to the State Bar of California.
About Destiny Media Technologies
Destiny Media Technologies (DSY.V) (DSNY) provides services that enable content owners to securely display and distribute their audio and video content digitally through the internet. The Company's two major services are Clipstream and Play MPE®. Clipstream (www.clipstream.com) is a video format that plays on any modern smart phone, tablet, internet, TV, or computer. With Clipstream, there is no player to configure or install, videos never go obsolete, and there are up to 90% cost savings from caching. Play MPE (www.plaympe.com) provides a standardized method to securely and cost effectively distribute pre-release music to radio stations and other music industry professionals, before it is ready for sale.
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CEO, Destiny Media Technologies, Inc.
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