Destiny Media Sets Directors' Compensation

 VANCOUVER, May 29, 2014 /CNW/ - Destiny Media Technologies (TSXV: DSY) (OTCQX:  DSNY) announces that its board of directors set the annual compensation  payable to each member of the board of directors at $48,000 per annum for the  period from June 1, 2014 to May 31, 2015 (the "Director Compensation").  The  Director Compensation is in addition to any existing compensation paid to the  executive director of the Company.  On Behalf of the Board of Directors  Steve Vestergaard CEO  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 a video format that plays on any  modern smart phone, tablet, internet, 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 (www.plaympe.com) provides a standardized method to  securely and cost effectively distribute pre-release music to radio stations  and other music industry professionals, before it is ready for sale. More  information can be found at www.dsny.com.  Safe Harbor Statement  This press release contains forward-looking statements within the meaning of  the Private Securities Litigation Reform Act of 1995.  Forward-looking  statements are subject to risks, uncertainties and assumptions and are  identified by words such as "expects," "intends", "estimates," "projects,"  "anticipates," "believes," "could," and other similar words.  All statements  addressing product performance, events, or developments that Destiny Media  Technologies, Inc. expects or anticipates will occur in the future are  forward-looking statements.  Because the statements are forward-looking, they  should be evaluated in light of important risk factors and uncertainties.   Should one or more of these risks or uncertainties materialize, or should any  of Destiny Media Technologies, Inc.'s underlying assumptions prove incorrect,  actual results may vary materially from those currently anticipated.  Except  as required by law, Destiny Media Technologies, Inc. disclaims any obligation  to update or publicly announce any revisions to any of the forward-looking  statements contained in this press release.  There can be no assurance that  such statements will prove to be accurate and actual results and future events  could differ materially from those anticipated in such statements.  NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT  TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS  RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.    SOURCE  Destiny Media Technologies, Inc.  Steve Vestergaard CEO Destiny Media Technologies, Inc. 604 609 7736 x222  Investor Relations: Dave Mossberg Three Part Advisors 817-310-0051  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/May2014/29/c7614.html  CO: Destiny Media Technologies, Inc. ST: British Columbia NI: SOF  
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