Toronto, Canada
Servers & storage capacity upgraded for increased traffic and speed
YANGAROO Inc., formerly Musicrypt Inc., (TSX-V: YOO, OTC: YOOIF), the industry's leading secure digital media distribution company, today announced that it has moved its technology, customer service, and Canadian sales teams into its new state of the art YANGAROO Development Centre located in the historic Liberty Village Area of Toronto, a major centre for technology, film and advertising.
YANGAROO has more than doubled its space to handle additional personnel, increased volume and several new development initiatives. Music deliveries in the US are increasing at a rapid rate, and growth continues in the Canadian and UK markets. This, combined with the company's recent move into advertising delivery and other verticals, has made the expansion necessary.
The new Development Centre is connected by optical fibre to major bandwidth providers. In conjunction with the move to larger facilities, YANGAROO has upgraded its servers and storage capacity, which has improved the speed and performance of its DMDS services. The company’s new servers are fully redundant and are enterprise grade with enhanced processor speed and improved throughput. The new high capacity storage facilities are designed to handle greater volumes of various types of media. At its co-location facility, YANGAROO offers scalable bandwidth from 10Mbps through GigE, twenty-four hour security, independent power back-up, redundant climate control, pre-action fire-suppression systems, and flexible power options: AC, DC and UPS.
“In July, we began the move into the new Development Centre and planning our hardware and system upgrades, the transition and implementation of which is now complete," said John Heaven, President and CEO of YANGAROO. “The new facility is more cost effective and efficient and will provide for our future expansion.”
An "Open House" will be held on Tuesday, October 2nd for YANGAROO customers and supporters.
YANGAROO’s US market presence accelerated through the first half of 2007, as the number of deliveries made via DMDS in the US rose to 532,000, over five times those made in the first half of 2006. YANGAROO’s DMDS is the de-facto standard for B2B (business to business) digital delivery of new music files for the record and radio industry in Canada. No competitor’s system is in commercial use at any major record label in Canada to date in 2007. EMI, Sony BMG, Universal and Warner in Canada all use DMDS commercially and the adoption of DMDS within the fast growing independent music sector continues.
YANGAROO commenced billable deliveries of advertising for the Gary Group and Universal Music Group of Los Angeles in July and in September undertook advertising campaigns for RCA Music Group, Lyric Street Records and Geffen Records. In the UK, YANGAROO’s partner Adstream has commenced billable deliveries of music to radio.
YANGAROO's DMDS has delivered over 10,000 songs from more than 500 record labels to destinations which include radio stations representing over 35 US broadcast chains such as CBS/Infinity, Citadel, Clear Channel, Cox, Cumulus, Emmis, EntreVision, Entercom, Federated Media, Sirius, Journal, DMX, Jones Radio, AOL, Music Choice, Radio One, Salem Communications, Univision, Westwood One, Regent, Premiere Radio, Next Media, XM Satellite Radio, Waitt Media and many others. DMDS is the only system that can deliver music across the US, Canada and the UK.
About YANGAROO:
YANGAROO's patented Digital Media Distribution System (DMDS) is a leading secure B2B digital delivery solution for the music and advertising industries. DMDS is a web-based delivery system that pioneers secure digital file distribution by incorporating biometrics, high-value encryption and watermarking. DMDS replaces the physical distribution of musical recordings and advertising to radio, media, retailers and other authorized recipients with more accountable, effective and far less costly digital delivery of broadcast quality media via the Internet. YANGAROO trades on the TSX Venture Exchange (TSX-V) under the symbol YOO and in the U.S. under OTCBB:YOOIF. For more information on YANGAROO, please contact John Heaven at 905-763-3553 or visit www.yangaroo.com.
The statements contained in this release that are not purely historical are forward-looking statements and are subject to risks and uncertainties that could cause such statements to differ materially from actual future events or results. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. .