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YANGAROO'S CEO SETS THE RECORD STRAIGHT
10/6/2008 4:49:37 PM
Toronto, Canada
YANGAROO's Patents and Infringement Claims Not Affected by Competitor Activity
TORONTO, CANADA - YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the industry's leading secure digital media distribution company today issued an update of the status of its patents.
“There will be no impact whatsoever from the recent allowance of Destiny Media Technologies Inc.’s (OTCBB:DSNY) U.S. patent application on our intellectual property rights. None of our two granted U.S. and Canadian patents, our pending U.S. patents, or our $15 million infringement and $25 million defamation claims against Destiny will be affected,” said John Heaven, President and CEO of YANGAROO. “The content of their patent applications has been reviewed in both the Canadian and the US prosecution of our patent applications and no Examiner has ever considered the content of their applications relevant to the patentability of our claims.”
Destiny had previously abandoned the corresponding application in Canada, and then after several years of inactivity revived and amended the same application in the U.S to narrow the claims. It has no application in Canada or bearing on YANGAROO’s Canadian patent or Canadian $15 million infringement claim against Destiny.
The Destiny application for MPE (“Music Protected by Encryption”) narrowly claims a specific key management process for decrypting media delivered in a single file. The single file must have an integral decryption engine embedded in the file with the media content. In other words, every time a user receives a media track, it has an embedded decryption engine with it. The decryption process at the user's end relies on a decryption key that is itself encrypted with a user key which is bonded to the user's computing device, e.g. the user key must be based on a serial no. or other characteristic of the user's computer. The decryption key must be received through a different communication path from the media file, meaning it cannot come from the same source as the media file; there must be a separate key management server (e.g. DRM server) for providing a key to decode the media.
Neither YANGAROO’S Digital Media Distribution System (DMDS), nor YANGAROO’S granted and pending patents fall within the claims contained in Destiny’s application. The contents of this release have been vetted by patent counsel for YANGAROO.
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 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 five million deliveries of over 11,000 songs from more than 600 record labels to destinations which include radio stations representing over 35 US broadcast chains. DMDS is the only system that can digitally deliver music across the U.S., Canada and the UK. YANGAROO has offices in Toronto, New York, Los Angeles, and London, UK. 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.
The statements contained in this release that are not purely historical are forward-looking statements and are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
