Destiny Media Year End Results Show Record Revenues and 176% Jump in Earnings Year Over Year Revenue Grows by 47%; 330% Three Year Revenue Increase Vancouver, BC – November 30, 2010 – Destiny Media Technologies (DSY-TSX)(OTCBB: DSNY) is pleased to announce results for the year ended August 31, 2010.

Revenues of $3,771,382 represent a 47% increase over the prior year while net income grew 176% to $1,686,073.

Earnings before interest, taxes depreciation and amortization (EBITDA) grew to $923,306 for the year.

Operating expenses increased 23%, reflecting a larger investment in research and development, and non-recurring costs associated with the company’s new listing on the TSX-Venture Exchange, and various litigation matters. The company has shown quarter to quarter revenue growth in thirteen out of the sixteen most recent quarters, leading to a 330% increase in revenues over the past three years.

Company CFO, Fred Vandenberg comments, “The Play MPE® distribution network continues to show strong revenue growth, with a 55% increase over the prior year.

In 2010, we incorporated our patent pending watermark into the industry anti piracy web crawler and integrated the system with both the world’s largest provider of radio scheduling software and the world’s largest broadcasting company.

Along with these very significant developments, we continue to work with the major record labels to expand the usage to new recipient types in new territories.

To view the entire news including table, please follow the link: http://www.irw-press.com/dokumente/YE-2010.pdf
About Destiny Media Technologies Destiny Media is the developer of the Play MPE® system which the recording industry uses to securely distribute new pre-release music through the internet to trusted recipients such as radio, media and VIPs.

Real time usage statistics are available at http://www.plaympe.com/v4/company/plaympestats.php Company Contact: Fred Vandenberg CFO Destiny Media Technologies, Inc.

604 609 7736 x236
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