Destiny Media Technologies Announces Expected Approval of European Watermarking Patent
VANCOUVER, Feb. 13, 2014 /PRNewswire/ - Destiny Media Technologies (TSXV: DSY) (OTCQX: DSNY), the global standard for the secure distribution of pre-release music to radio and the developer of a new cross-platform playerless video streaming format is pleased to announce that the European patent office expects to issue a notice of allowance for a patent application relating to Destiny's watermarking technology in approximately March 2014. The European patent application claims priority from October 2006 when the original provisional application was filed.
The company already has two watermark patents granted in the US and one in Japan. A third US application and a Canadian application are pending.
This novel technique embeds an inaudible digital trace or watermark into the content and this trace survives duplication, filtering, down sampling and conversion into other formats, including non digital ones such as an over the air broadcast. Unlike competing watermarking solutions, it is faster to embed or detect and it is extremely robust without affecting audio quality. The company is not aware of anything similar and believes this technology has strong commercial value and that this technology could be widely licensed directly outside of other Destiny products.
About Destiny Media Technologies, Inc.
Destiny Media Technologies provides services that enable content owners to securely display and distribute their audio and video content digitally through the internet. The Company's two major services are Clipstream® and Play MPE®. Clipstream® (http://www.clipstream.com) is a video format that plays on any modern smart phone, tablet, internet enabled TV or computer. With Clipstream®, there is no player to configure or install, videos never go obsolete, and there are up to 90% cost savings by reducing the use of transcoding, infrastructure and bandwidth. Play MPE® (http://www.plaympe.com) provides a standardized method to securely and cost effectively distributes pre-release music to radio stations and other music industry professionals, before it is ready for sale. More information can be found at http://www.dsny.com.
SOURCE Destiny Media Technologies, Inc.