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Yangaroo announces granting of stock options

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^{Published in Science and Technology on Friday, August 19th 2011 at 13:11 GMT by Market Wire}  

TORONTO, Aug. 19, 2011 /CNW/ - YANGAROO Inc. (TSX-V: YOO) (OTCBB: YOOIF), the industry's leading secure digital media distribution company is pleased to announce that the Board has granted to its independent directors, its officers and management, stock options to acquire 2,629,761 common shares at $0.10 per share.  All the options are exercisable until August 18, 2016.

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 replaces the physical distribution of audio and video content for music, music videos, and advertising to television, radio, media, retailers, and other authorized recipients with more accountable, effective, and far less costly digital delivery of broadcast quality media via the Internet. The DMDS Awards platform powers many of the world's major awards shows.

Named one of Canada's Top 100 Tech Companies by Canadian Business, 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.

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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.