Ted Ohashi of Ticker Talk Interviews Destiny CEO Steve Vestergaard

New Video Format Eliminates Traditional Transcoding and CDN Infrastructure and Streams Everywhere Without a Player

VANCOUVER, June 15, 2012 /CNW/ - Destiny Media Technologies (TSXV: DSY) (OTCQX: DSNY) is pleased to announce an interview with Destiny CEO, Steve Vestergaard by Ted Ohashi of Ticker Talk.

Streaming video is growing at 48% per year and is responsible for more than half of all web traffic and as it grows, it is running up against infrastructure limits to reaching large numbers of viewers.  Destiny has created a solution that reaches at least ten times more viewers with the same servers and bandwidth, saving the publishers money, but also reducing loads on backbone infrastructure.  Destiny's solution reaches Mac's, PC's, iPhones, Androids, Blackberries, iPad's, tablets, e-readers, internet enabled TV's and other devices from a single video source.  Consumers can view without installing third party software.

To be cross platform, other solutions require expensive infrastructure including content distribution networks and multiple video formats and streaming servers as until today there has been no standard cross platform video format.

Seven patents are being filed to protect this innovative technology.

The interview is available at http://www.youtube.com/watch?v=ww3R9bxQ4hU&feature=plcp.

About Destiny Media Technologies, Inc.
Universal, EMI, Warner, Sony and one thousand other labels use Destiny's secure distribution service to deliver most of their pre-release music to radio, online retail, DJ's, sports stadiums, journalists and VIP. Destiny's instant play streaming includes internet radio, internet TV, online surveys and new cloud and mobile offerings. Patents include watermarking, peer to peer locking and pending cross platform playerless streaming video.

Media Contact:
Steve Vestergaard
CEO Destiny Media Technologies, Inc.
604 609 7736 x222
[email protected]