Science & Technology
Science and Technology
Science and Technology
Thu, May 6, 2010 
YANGAROO's DMDS and Telestream's FlipFactory Provide Seamless Solution for Television Broadcasters
TORONTO, May 6 /CNW/ - YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF), the industry's leading secure digital media distribution company, and Telestream are integrating YANGAROO's Digital Media Distribution System (DMDS) and Telestream's TrafficManager(TM), which automates the way television advertising spots move within a TV station. Using Telestream's FlipFactory automation engine, TrafficManager integrates directly with the DMDS Manager and Website, automatically detecting spots when they are delivered via DMDS. When the spots arrive, TrafficManager automatically prepares them for broadcast, matching them with a dublist, preparing and delivering them to the on-air server, and notifying the automation system. It also automates other manual tasks including spot audio level correction and file naming. The combined solution is a file-based workflow that eliminates the need for tape and couriers, ensuring the highest possible quality and speed while saving time and money. More than 80% of the top broadcast station groups, media companies and Fortune 100 companies use Telestream products.
"FlipFactory transcodes more formats, integrates more deeply with more systems, and provides greater flexibility and reliability for more customers worldwide than any other enterprise-class workflow automation or server-based video transcoding product on the market," said Gary Petruzzi, Partner Integration Manager of Telestream. "By integrating with DMDS, together we provide a seamless digital solution right from the provider of television advertising through to our television broadcast partners' on-air systems."
"This integration is another step forward in our plan to provide a complete end-to-end service for television advertisers and broadcasters," said Richard Klosa, Chief Technology Officer of YANGAROO Inc. "FlipFactory is the most widely used system in the broadcast field and Telestream is an ideal partner for us."
In further news, the company's board of directors has granted 300,000 options to an executive. These options are exercisable at $0.09 per share and expire April 20, 2015. The board of directors has adopted a policy of setting option exercise prices at the greater of the three month weighted average trading price and the closing price on the day before the grant. These options are subject to the usual vesting period as required by the TSX Venture Exchange.
About Telestream:
Telestream provides world-class live and on-demand digital video tools and workflow solutions that allow consumers and businesses to transform video on the desktop and across the enterprise. Many of the world's most demanding media and entertainment companies such as CBS, BBC, CNN, FOX, CBC, Comcast, Direct TV, Time Warner, MTV, Discovery, and Lifetime, as well as a growing number of users in a broad range of business environments, rely on Telestream products to streamline operations, reach broader audiences and generate more revenue from their media. These companies choose to work with Telestream as they know they will get a trusted and highly skilled technical partner.
Telestream products span the entire digital media lifecycle, including video capture and ingest; live and on-demand encoding and transcoding; playout, delivery, and live streaming; as well as management and automation of the entire workflow. The company also partners closely with the industry's leading digital media companies across the entire digital media lifecycle, from consumer to enterprise. Telestream corporate headquarters are located in Nevada City, California. The company is privately held. For more information on Telestream and Wirecast, please visit [ www.telestream.net ]. For press images, logos, screen shots and corporate materials, visit [ www.telestream.net/presskit ].
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 audio and video content for music, music videos, and advertising to television, radio, media, retailers, award shows and other authorized recipients with more accountable, effective, and far less costly digital delivery of broadcast quality media via the Internet.
Named one of Canada's Top 100 Tech Companies for 2009 by Canadian Business, YANGAROO has offices in Toronto, New York, Los Angeles, and London, U.K. 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 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.
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