YANGAROO Inc. (TSX-V:YOO) (OTCBB:YOOIF), the industry’s leading
secure digital media management and distribution company, today
announced the signing of a multi-year renewal with The Canadian
Academy of Recording Arts and Sciences (CARAS), the organization
behind the JUNO Awards. YANGAROO will continue to provide its
digital awards management platform, which is powered by the
company’s patented Digital Media Distribution System (DMDS), a
platform that streamlines every aspect of awards show management.
The JUNO Awards are presented annually to Canadian musical artists
and bands to acknowledge their artistic and technical achievements
in all aspects of music.
The 47th Annual JUNO Awards will be broadcast on
CBC from the Rogers Arena in Vancouver, B.C. on March 25th, 2018,
with JUNO Week celebrations running from March 19 – March 25,
2018.
“CARAS is pleased to continue providing our
submitters and voting members with the industry’s leading awards
management platform,” said Allan Reid, President & CEO of
CARAS, The JUNO Awards and MusiCounts.
“The JUNO Awards was our first Awards client and
was helpful in developing the platform we provide today, which has
quickly become the standard for awards show management in North
America. We couldn’t be happier that CARAS has made the decision to
continue with us on a multi-year basis,” said Adam Hunt, SVP
Entertainment of YANGAROO Inc. “The fact that the vast majority of
our Awards clients have also signed multi-year agreements is an
endorsement for the quality, reliability and ease of use of our
services.”
The JUNO Awards and more than 16 other major
awards shows now rely on YANGAROO technology, including The
GRAMMYS, The Latin GRAMMYS, The Emmys (Daytime, News and
Documentary, and Sports), The Golden Globes, The Tony Awards, The
Academy of Country Music Awards, The MTV Video Music Awards (VMAs),
The BET Awards, The Canadian Screen Awards, The BET Hip Hop Awards,
and The Soul Train Awards.
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. For
further information, please contact Gary Moss at 416-534-0607
ext.111 or visit www.yangaroo.com.
About CARAS:
The Canadian Academy of Recording Arts and
Sciences/L’académie canadienne des arts et des sciences de
l’enregistrement (CARAS) is a not-for-profit organization created
to preserve and enhance the Canadian music industry and to
contribute toward higher artistic and industry standards. The main
focus of CARAS is the exploration and development of ongoing
opportunities to showcase and promote Canadian artists and music
through vehicles such as The JUNO Awards, MusiCounts, the Canadian
Music Hall of Fame and other year-round initiatives. For more
information on the 47th Annual JUNO Awards or The Canadian Academy
of Recording Arts and Sciences (CARAS) please visit
www.junoawards.ca.
For YANGAROO Investor Inquiries: Gary Moss
Phone: (416) 534-0607 ext.111 gary.moss@yangaroo.com
For more information on the JUNO Awards
or interview requests, please contact:Zai Karim, rock-it
promotions, zai@rockitpromo.com, 416.656.0707 ext. 127Nicole Amiel,
rock-it promotions, nicole@rockitpromo.com, 416.656.0707 ext.
118
THE TSX VENTURE EXCHANGE HAS NOT
REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Cautionary Note Regarding
Forward-looking Statements
This news release contains certain
forward-looking statements and forward-looking information
(collectively referred to herein as "forward-looking statements")
within the meaning of applicable Canadian securities laws. All
statements other than statements of present or historical fact are
forward-looking statements. Forward-looking statements are often,
but not always, identified by the use of words such as
"anticipate", "achieve", "could", "believe", "plan", "intend",
"objective", "continuous", "ongoing", "estimate", "outlook",
"expect", "may", "will", "project", "should" or similar words,
including negatives thereof, suggesting future outcomes.
Forward looking statements are subject to both
known and unknown risks, uncertainties and other factors, many of
which are beyond the control of YANGAROO, that may cause the actual
results, level of activity, performance or achievements of YANGAROO
to be materially different from those expressed or implied by such
forward looking statements, including but not limited to: the use
of proceeds of the offering, receipt of all necessary approvals of
the offering, general business, economic, competitive, political
and social uncertainties; negotiation uncertainties and other risks
of the technology industry. Although YANGAROO has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
statements, there may be other factors that cause results not to be
as anticipated, estimated or intended.
Forward-looking statements are not a guarantee
of future performance and involve a number of risks and
uncertainties, some of which are described herein. Such
forward-looking statements necessarily involve known and unknown
risks and uncertainties, which may cause YANGAROO’s actual
performance and results to differ materially from any projections
of future performance or results expressed or implied by such
forward-looking statements. Any forward-looking statements are made
as of the date hereof and, except as required by law, neither
YANGAROO assumes no obligation to publicly update or revise such
statements to reflect new information, subsequent or otherwise.
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