Destiny Media Technologies Announces Recent Patent Grants
Vancouver, BC – April 11, 2015 – Destiny Media Technologies (TSXV: DSY) (OTCQX: DSNY) today announced new additions to its broad patent portfolio.
To protect this technology, the company originally filed a Patent Cooperation Treaty (PCT) application with the World Intellectual Property Organization (WIPO) along with seven United States patent applications which claim priority back to August 2011.
Recently, the United States Patent & Trademark Office (USPTO) issued Notices of Allowance in connection with four of Destiny's seven United States patent applications. In the remaining three United States patent applications, the USPTO has indicated that many of the claims are allowed or allowable. Destiny is currently advancing arguments and / or amendments in favor of the reconsideration of the remaining claims.
The PCT application corresponding to this technology has entered the national / regional phase in China, Europe, Japan, Australia, India, Canada, Israel, Singapore, New Zealand, South Africa, Russia and Hong Kong, where applications are currently pending.
The company also has developed a unique watermarking technology that survives analog duplication, filtering, file conversion and down sampling and unlike other technologies, is completely inaudible. This allows the source of leaked and pirated music to be traced. This watermarking technology has resulted in issued patents in the United States (two patents and a third one pending), Japan, Switzerland, the United Kingdom, the Netherlands, France, Sweden and Germany.
Recently, the Canadian Intellectual Property Office (CIPO) issued a Notice of Allowance in connection with the Canadian patent application corresponding to this watermarking technology.
The company has twenty-one granted trademark registrations and three pending trademark applications for MPE,® Play MPE® , Clipstream® and Sonox Digital® .
Further information on the state of the IP portfolios can be found on:
About Destiny Media Technologies, Inc.
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 enables any non-technical user to upload videos that will play all modern internet web browsers. Clipstream® offers a number of technical advantages including the strongest security available to protect online video content, and the ability to play on internet web browsers without the need for a plug-in or separate video player. 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. More information can be found at www.dsny.com.
Three Part Advisors, LLC