TORONTO, ONTARIO--(Marketwired - Nov. 10, 2014) - YANGAROO Inc. (TSX VENTURE:YOO)(OTCBB:YOOIF), the industry's leading secure digital media distribution company today announced a multi-year agreement with SpeedMedia to distribute movie trailers for a major Hollywood studio. The initial film under this agreement is slated for release in late November 2014, with close to two dozen additional films scheduled to be released throughout the term of this agreement.
"This deal gives YANGAROO access to significant Hollywood marketing campaigns," said Gary Moss, President and CEO, YANGAROO Inc. "We have had a relationship with SpeedMedia for some time, but we expect to see incremental revenue flowing from this deal in the current quarter. The deal bodes well for continued growth in our partnership with SpeedMedia."
"We welcome the addition of YANGAROO as a distribution partner under this deal," added Kenny Francis, President of SpeedMedia. "Our integration with YANGAROO's DMDS platform will undoubtedly ensure efficient and seamless delivery of movie television commercials all across the country."
About SpeedMedia:
SpeedMedia is a digital service provider for the advertising and broadcast industries. Through their state-of-the-art facilities in Los Angeles and New York, seamless execution is guaranteed across all areas of post-production, distribution and asset management. By employing a unique, integrated approach, SpeedMedia gives its clients the ability to consolidate their digital delivery into a single workflow, resulting in a flexible, cost effective and efficient process.
SpeedMedia offers custom-built solutions, expedited turnaround times and the freedom to choose the best solution at all segments of the digital value chain. In addition, through their range of multi-network partnerships, they offer one of the largest and most robust online ad distribution footprints both domestically and globally.
Committed to offering clients a "one-stop shop" advantage for editorial, creative finishing, production services and broadcast distribution, SpeedMedia has experienced personnel at both their Los Angeles and New York facilities that provide all services on site. Plus, project management is handled at each location by some of the most tech savvy client managers in the business.
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.