TORONTO – YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the industry’s leading secure digital media distribution company, is pleased to announce that a Federal Court in Wisconsin has ruled in its favor on a Motion to Dismiss brought by Defendant Destiny Media Technologies Inc. (OTC:DSNY). YANGAROO is suing Destiny for patent infringement in the United States and seeks an injunction against the sale and use of Destiny’s PlayMPE system.
YANGAROO filed the infringement claim following the grant of its United States patent #7,529,712, titled “Content Distribution System and Method” in May 2009. This patent covers a method of distributing digital content, such as music and advertising, to selected individuals over a network, including the Internet. The claim was filed in the United States Federal District Court in Wisconsin against Destiny Media Technologies Inc. (OTC:DSNY), as well as Destiny Software Productions, Inc., and MPE Distribution, Inc. In addition to requesting an injunction, the claim requests the payment of unspecified damages for patent infringement and other costs to be determined at trial.
“We are very pleased that the court has moved swiftly to rule in our favor on this motion,” said John Heaven, President and CEO of YANGAROO. “The Court has rejected Destiny’s attempt to end the litigation early, without a ruling on the substantive infringement claims, and has instead set a scheduling conference so the parties can get to the merits of the matter. We look forward to expediting this process.”
About YANGAROO:
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 audio and video content for music, music videos, and advertising to television, radio, media, retailers and other authorized recipients with more accountable, effective, and far less costly digital delivery of broadcast quality media via the Internet.
Named one of Canada’s Top 100 Tech Companies for 2009 by Canadian Business, 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.
