Destiny Media Proposes to Change Corporate Jurisdiction to Nevada

 Destiny Media Proposes to Change Corporate Jurisdiction to Nevada  VANCOUVER, Aug. 6, 2014 /CNW/ - Destiny Media Technologies (TSXV: DSY) (OTCQX:  DSNY) announces that it proposes to change its corporate jurisdiction from  Colorado to Nevada.  The change of corporate jurisdiction is subject to the  approval of the shareholders at a special meeting to be held on September 25,  2014 as well as the TSX Venture Exchange.  Destiny believes that the change of corporate jurisdiction will give it a  greater measure of flexibility and simplicity in corporate governance than is  available under Colorado law and will increase the marketability of its  securities.  The State of Nevada is recognized for adopting comprehensive  modern and flexible corporate laws which are periodically revised to respond  to the changing legal and business needs of corporations.  Destiny believes  that Nevada corporate law is more flexible than Colorado corporate law as well  as having a more substantive body of corporate law. For these reasons, Destiny  believes that our business and affairs can be conducted to better advantage if  we are able to operate under Nevada law.  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.  CO: Destiny Media Technologies, Inc.  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.  Contacts: 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/August2014/06/c9574.html  CO: Destiny Media Technologies, Inc. ST: British Columbia NI: SOF  
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