VANCOUVER, Oct. 4, 2016 Destiny Media Technologies (TSXV:
DSY) (OTCQX: DSNY) today announced that it has launched the latest
generation of the compression engine powering the Clipstream®
platform. Based on the next-generation High Efficiency Video Coding
(HEVC) compression standard, the new compression engine reduces
bandwidth usage for the Clipstream® platform by over 62% and
increases the highest resolution delivered by 78%. The video
industry began work on HEVC, also known as H.265, as early as 2004
to replace H.264 and deliver higher quality video at lower
bandwidth; however, the standard struggles to gain traction in the
industry due to slow adoption by web browsers. Clipstream's
proprietary JavaScript playback overcomes this limitation and
delivers the latest compression technologies to any browser without
requiring special plugins or changes from browser's developers.
Other improvements in this release include a new project
organization feature for management of large libraries of videos
and support for the highest quality audio playback in the industry
. The new projects feature enables quick sorting of hosted videos
into different projects to streamline organization and management
for customers with thousands of videos. Also included in
project organization is a new feature to apply the same settings
across all videos within a project and by default, greatly
increasing video workflow efficiency to get videos live to viewers
as quickly and securely as possible. Clipstream® HD Audio support
provides audio with twice the sample rate of competing options and
allows the playback of videos with higher than CD quality audio, a
first in the online video platform industry. Clipstream® HD Audio
creates a unique showcase platform for content owners with high
quality audio to securely deliver the best experience to their
viewers.
"The release of our new compression engine, project organization
feature, and HD audio represents a key milestone in the growth and
development of our Clipstream® service," said Steve Vestergaard, Chief Executive Officer for
Destiny Media Technologies. "The new compression engine
leverages the our patented JavaScript playback system to deliver
new technologies to the online video platform (OVP) market much
faster than alternative standards driven adoption
allows. Using these cutting edge advances in video
compression greatly reduces the bandwidth required and increases
the resolution delivered by the Clipstream platform. The new
project organization feature and HD audio allow us to further
leverage this platform into different target verticals within the
OVP market."
Clipstream® enables any non-technical user to upload videos that
will play on all modern web browsers including those installed on
TVs, PCs, and mobile devices. The service automatically
converts videos from a range of standard formats to the Clipstream®
format. Users then receive a link that can be embedded into a
website and/or distributed directly through email. To access a free
trial of Destiny Media's Clipstream video hosting service including
all the latest features, please visit
clipstream.com/register.html.
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
(www.clipstream.com) is an automated high availability self-serve
video hosting service built around a proprietary JavaScript
playback system. This approach, which is protected by two dozen
pending and granted patents is much more secure and flexible than
standard video approaches. Play MPE® (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. It is protected by
granted security and watermark patents. More information can
be found at www.dsny.com.
SOURCE Destiny Media Technologies, Inc.