VANCOUVER, Jan. 12, 2012 /PRNewswire/ - Destiny Media Technologies, Inc. (TSXV: DSY) (OTCQX: DSNY) is pleased to announce that it has settled the trademark infringement lawsuit against Envirosight announced January 19, 2011. Envirosight had been using the Clipstream® trademark without authorization.
Stipulations for the dismissal of the claim include a warranty from Envirosight that it would cease use of the brand in all of its products and services. The court stipulated a permanent global injunction whereby Envirosight is enjoined from using or opposing the Clipstream® mark.
About Destiny Media Technologies, Inc.
Universal, EMI, Warner, Sony and one thousand other labels use Destiny's secure distribution service to deliver most of their pre-release music to radio, online retail, DJ's, sports stadiums, journalists and VIP. Destiny's instant play streaming includes internet radio, internet TV, online surveys and new cloud and mobile offerings. Patents include watermarking, peer to peer locking and pending cross platform playerless streaming video.
SOURCE Destiny Media Technologies, Inc.