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Destiny Media Technologies, Inc.
Destiny Media Responds to Press Release From Canadian Competitor
May 23rd, 2009
Destiny Media Technologies, Inc. (BULLETIN BOARD: DSNY) , the industry's leading secure digital media distribution company, is pleased to respond to a press release issued this afternoon by Yangaroo Inc. (TSX: YOO, Pink Sheets: YOOIF). Yangaroo offers a web based product that competes with Destiny's Play MPE(R) system in Canada. According to their release, Yangaroo states that a claim for patent infringement against Destiny was filed in Wisconsin today for a patent issued yesterday. Destiny has not yet been served with this claim but is familiar with this patent and Destiny's management is confident that the claims are without merit. Destiny previously filed a $25...
Source: Law & Health Weekly (2009-05-23)
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