TORONTO, ONTARIO--(Marketwired - Nov. 25, 2014) - YANGAROO Inc. (TSX VENTRUE:YOO)(OTCBB:YOOIF), Canada's leading secure digital media distribution company today announced an arrangement with the global advertising distribution company Adstream to provide distribution of television commercials, for selected clients, to Canadian broadcast destinations. UK based Adstream is a leading global advertising technology solution provider, and represents over 75% of the top 100 brands worldwide, with offices in 29 countries.
YANGAROO will integrate its DMDS digital delivery platform with Adstream's asset management, to provide a seamless service to major and secondary broadcasters throughout Canada.
"We are excited to form this alliance with a firm with the experience and reputation that YANGAROO has," said Peter Kuhn, President of Adstream Americas. "Canada is a very important market for us and this relationship and YANGAROO's state of the art technology will allow us to provide our customers excellent service and seamless delivery to local broadcasters.
"This agreement is significant for YANGAROO. Adstream represents major agencies and brands globally," said Gary Moss, President and CEO of YANGAROO. "We have worked hard to establish YANGAROO as a viable and competitive service provider to the Advertising industry. This will help to drive growth and success in our domestic market. We look forward to a long and mutually successful relationship with Adstream."
About Adstream:
Adstream is a premiere technology solution provider to the global advertising industry. Adstream efficiently/effectively integrates Digital Asset Management, workflow tools and a global asset delivery network on a single platform. This enables us to deliver solutions for every stage of the advertising process. Founded in 2001, Adstream partners with over 75% of the top 100 global brands, agencies, production and postproduction houses, as well as the world's leading media owners. Adstream delivers an unrivalled two million assets each year and securely stores and manages over seven million assets for our clients. Headquartered in London, UK, and with over 380 staff spread over 39 regional offices in 27 countries, Adstream delivers global services with a truly local focus.
About YANGAROO:
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 industry standard and powers most of North America's major awards shows.
YANGAROO has offices in Toronto, New York, and Los Angeles. YANGAROO trades on the TSX Venture Exchange (TSX-V) under the symbol YOO and in the U.S. under OTCBB: YOOIF.
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. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
Celia Vine, LLC
Deanna Kennedy
1 (413) 219-7588
deannakennedy@celiavine.com
For Investor Inquiries:
The Howard Group Inc.
Dave Burwell
1 (403) 221-0915
dave@howardgroupinc.com