September 18, 2008
US Music Industry Veteran Joins YANGAROO
YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) the industry's leading secure digital media distribution company has appointed Josh Zieman, music industry veteran and former Vice President, Marketing at Manhattan/Blue Note Label Group, a division of EMI Music based in New York, as Senior Vice President of Business Development.
Overseeing sales and market development for YANGAROO'S patented Digital Media Distribution System (DMDS), Zieman will be working with Jon Klein, Vice President Business Development, based in New York, and Drew Ferrante, Vice President Business Development, based in Los Angeles to continue the expansion in the U.S. market as well as generate new revenue streams for the company.
"YANGAROO is a company that I have been watching for sometime. When I was at EMI, we watched the Canadian music industry lead the world in the move to digital delivery of promotional music and I am very happy to be a part of this great team," said Josh Zieman, Senior Vice President of Business Development, YANGAROO Inc. "The DMDS product has proven itself and now our challenge is to further monetize the rapidly growing usage in the American industry."
Josh Zieman comes to YANGAROO as a seasoned U.S.-based senior executive with over 25 years experience in sales and marketing. Prior to his position as Vice President, Marketing at EMI's Manhattan/Blue Note, Zieman was General Manager of Papa Joe Records, a division of Geffen Records in Los Angeles. He has also held the positions of General Manager at major independent label Razor and Tie and Vice President, Marketing at Columbia Records and Mercury Records in New York.
"We are very excited to have someone with Josh's experience, knowledge, and relationships in the US music industry on board," said John Heaven, President and CEO of YANGAROO Inc. "Josh has had great success working for EMI, SonyBMG and Universal owned companies and we look forward to working with him as we continue our expansion in the US and beyond."
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 musical recordings and advertising to radio, media, retailers and other authorized recipients with more accountable, effective and far less costly digital delivery of broadcast quality media via the Internet.
YANGAROO's DMDS has made over five million deliveries of over 11,000 songs from more than 600 record labels to destinations which include radio stations representing over 35 US broadcast chains. DMDS is the only system that can digitally deliver music across the U.S., Canada and the UK. YANGAROO has offices in Toronto, New York, Los Angeles, and London, UK. 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.