DESTINY MEDIA TECHNOLOGIES INC

Destiny Media Technologies Inc. develops and markets software as a service (SaaS) solutions for businesses in the music industry, focusing on digital distribution and promotion. The company operates through its wholly owned subsidiaries: Destiny Software Productions Inc., MPE Distribution, Inc., Tonality Inc., and Sonox Digital Inc. Its principal executive office is located in Vancouver, British Columbia. The company's core business is the Play MPE® online platform. Play MPE® facilitates the promotional distribution of music, including broadcast quality audio, video, images, promotional information, metadata, and other digital content. This content is sent from record labels and artists to broadcasting professionals, music curators, and music reviewers. These recipients, which include radio programmers, digital streaming broadcasters, media reviewers, industry VIPs, DJs, film and TV personnel, sports stadiums, and retailers, use the platform to discover, download, review, and broadcast music. Play MPE® offers various capabilities designed to meet the specific needs of both music promoters and broadcasters. The company states that Play MPE® was the first to market and is the largest provider of this service, offering the most feature-rich platform globally. Record labels and artists are the customers of Play MPE®, using the system to target specific industry recipients for music review and broadcast.