VANCOUVER, May 25, 2015 /PRNewswire/ - Destiny Media Technologies Inc. (TSXV: DSY) (OTCQX: DSNY) announces that it has granted 1,520,000 non-qualified stock options under its 2006 Amended and Restated Stock Option Plan to officers, directors, employees and consultants of Destiny. The options were granted for a period of two years, expiring two years from their vesting dates, and each stock option will allow the holder to purchase a common share of Destiny at an exercise price of USD$0.40 per share.

Of the 1,520,000 options granted, 1,200,000 options were granted to the following directors and officers:



        Number Of                           Name Of Optionee                   Capacity                         Vesting Date             Expiration Date
         Options
         -------

                    400,000 Steven Vestergaard               Director and Chief         Equal monthly                        Two years from
                                                             Executive Officer          installments commencing              the particular
                                                                                        June 25, 2015                        vesting date
    ---                                                                                 -------------                        ------------

                    350,000 Dale Borland                     Chief Operating            Equal monthly                        Two years from
                                                             Officer                    installments commencing              the particular
                                                                                        June 25, 2015                        vesting date
    ---                                                                                 -------------                        ------------

                    150,000 Fred Vandenberg                  Chief Financial            Equal monthly                        Two years from
                                                             Officer                    installments commencing              the particular
                                                                                        June 25, 2015                        vesting date
    ---                                                                                 -------------                        ------------

                    100,000 Edward Kolic                     Director                   May 25, 2015                         May 26, 2017
                    ------- ------------                     --------                   ------------                         ------------

                    100,000 Haig Bagerdjian                  Director                   May 25, 2015                         May 26, 2017
                    ------- ---------------                  --------                   ------------                         ------------

                    100,000 Yoshitaro Kumagai                Director                   May 25, 2015                         May 26, 2017
                    ------- -----------------                --------                   ------------                         ------------

                  1,200,000 Total
                  --------- -----

On Behalf of the Board of Directors

Steve Vestergaard
CEO

Destiny Media Technologies, Inc. provides services that enable content owners to securely display and distribute their audio and video content digitally through the internet. The Company's two major services are Clipstream and Play MPE®. Clipstream (www.clipstream.com) is a video format that plays on any modern smart phone, tablet, internet, TV, or computer. With Clipstream, there is no player to configure or install, videos never go obsolete, and there are up to 90% cost savings by reducing the use of transcoding, infrastructure and bandwidth. Play MPE (www.plaympe.com) provides a standardized method to securely and cost effectively distribute pre-release music to radio stations and other music industry professionals, before it is ready for sale. More information can be found at www.dsny.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects," "intends", "estimates," "projects," "anticipates," "believes," "could," and other similar words. All statements addressing product performance, events, or developments that Destiny Media Technologies, Inc. expects or anticipates will occur in the future are forward-looking statements. Because the statements are forward-looking, they should be evaluated in light of important risk factors and uncertainties. Should one or more of these risks or uncertainties materialize, or should any of Destiny Media Technologies, Inc.'s underlying assumptions prove incorrect, actual results may vary materially from those currently anticipated. Except as required by law, Destiny Media Technologies, Inc. disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE Destiny Media Technologies, Inc.