Canadian Business Chooses YANGAROO for The TECH 100 – 2009
TORONTO – YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF), the industry’s leading secure digital media distribution company, has been included on Canadian Business’ The Tech 100 – 2009 list, an annual list ranking Canada’s 100 leading technology companies.
Canadian Business’ key criteria for including a company in the Tech 100 are:
-conducts own meaningful advanced technology R&D
-develops advanced hardware or software technology of its own for an end market
-provides advanced IT services or manufactures advanced IT products
-business model rests on a value proposition of in-house advanced technological knowledge and ingenuity
headquartered in Canada
The top 100 companies that meet these criteria are then ranked by factors including performance measures, such as sales growth and one-year total return figures, and market capitalization to provide a more rounded perspective of the contribution the selected firms make to Canada’s technology sector.
The full list appears in the July 20, 2009 print edition of the magazine and is available online at: www.canadianbusiness.com/tech100.
“We are thrilled to have been recognized by Canadian Business in their annual list of the top 100 Canadian technology companies,” said John Heaven, President and CEO of YANGAROO Inc. “In the coming year we expect further growth and will continue to strive for innovations that contribute to Canada’s, and the world’s, technology industry.”
YANGAROO’s patented Digital Media Distribution System (DMDS) is a leading secure B2B digital delivery solution for the music and advertising industries. DMDS is a web-based delivery system that pioneers secure digital file distribution by incorporating biometrics, high-value encryption and watermarking. DMDS replaces the physical distribution of musical recordings and advertising to radio, media, retailers and other authorized recipients with more accountable, effective, and far less costly digital delivery of broadcast quality media via the Internet.
YANGAROO’s DMDS has made over six million deliveries of over 21,000 songs from more than 600 record labels to destinations which include radio stations representing over 35 U.S. broadcast chains. U.S. record labels made over 2 million deliveries of songs via DMDS in 2008. DMDS is the only system that can digitally deliver music across the U.S., Canada and the U.K.
YANGAROO has offices in Toronto, New York, Los Angeles, and London, U.K. YANGAROO trades on the TSX Venture Exchange (TSX-V) under the symbol YOO and in the U.S. under OTCBB:YOOIF. For further information, please contact John Heaven at 905-763-3553 or visit www.yangaroo.com.