Yangaroo and Universal Music Canada Renew Agreement
TO PROVIDE SECURE AUDIO AND VIDEO DELIVERY TO BROADCASTERS AND OTHER DESTINATIONS
TORONTO, CANADA – April 23, 2013 – YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the industry's leading secure digital media management company, today announced the signing of an agreement with Universal Music Canada, the country’s leading music company, that will renew and expand their longstanding relationship for the secure delivery of music audio and video via the company’s patented Digital Media Distribution System (DMDS), to broadcasters, journalists and other destinations.
“Universal has been a strong partner of ours, and now with the addition of EMI content, we are happy that they have chosen to expand and extend our agreement,” said Cliff Hunt Vice-Chairman and COO YANGAROO Inc. “UMC continues its strong growth, and we’re proud to be a part of it.”
YANGAROO is a company dedicated to digital media management. YANGAROO’s patented Digital Media Distribution System (DMDS) is a leading secure B2B digital cloud based solution focused on the music and advertising industries. The DMDS solution provides more accountable, effective, and far less costly digital management of broadcast quality media via the Internet. It replaces the physical, satellite and closed network distribution and management of audio and video content, for music, music videos, and advertising to television, radio, media, retailers, and other authorized recipients. The YANGAROO Awards platform is now the standard and powers most of North America’s major awards shows.
YANGAROO has offices in Toronto, New York, Los Angeles, and Dallas. YANGAROO trades on the TSX Venture Exchange (TSX-V) under the symbol YOO and in the U.S. under OTCBB: YOOIF. For further information, please contact Gary Moss at 416-534-0607 ext.111 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.
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