Destiny Media Proposes to Change Corporate Jurisdiction to Nevada

      Destiny Media Proposes to Change Corporate Jurisdiction to Nevada  PR Newswire  VANCOUVER, Aug. 6, 2014  VANCOUVER, Aug. 6, 2014 /PRNewswire/ - 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.  Contact:  Contacts: Steve Vestergaard CEO Destiny Media Technologies, Inc. 604 609 7736 x222 Investor Relations: Dave Mossberg Three Part Advisors 817-310-0051  
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