Mr. Fred Vandenberg reports

DESTINY MEDIA TECHNOLOGIES PREVAILS IN LEGAL PROCEEDINGS

Destiny Media Technologies Inc. has noted successful resolution of the claims filed by Steve Vestergaard.

All claims against the company, directors and officers have been dismissed and the company has been awarded costs from Mr. Vestergaard.

"We are pleased to have a judgement in our favour and to put this matter behind us," said Fred Vandenberg, chief executive officer. "We are focused on the future, our customers and growing our business."

About Destiny Media Technologies Inc.

Destiny Media Technologies provides software-as-a-service (SaaS) solutions to businesses in the music industry solving critical problems in distribution and promotion. The core service, Play MPE, is the world's leading provider of music promotional delivery services, dedicated to empowering artists and industry professionals with innovative solutions for success in the digital age.