TORONTO, Jan. 29, 2020 (GLOBE NEWSWIRE) — YANGAROO Inc. (“Yangaroo”, “Company”) (TSX-V: YOO, OTCBB: YOOIF), the software leader in work-flow management and media distribution solutions, today announced it has completed its Trusted Partner Network (“TPN”) assessment.
“MPA best practice compliance through the TPN program enables Yangaroo to serve its customers better. In today’s world, with sensitivities around TV and entertainment content, Yangaroo has taken a further step in assuring the highest degrees of trust using industry recognized best practices when managing and delivering digital content,” said Gary Moss, President, and CEO.The TPN, a joint venture between the Motion Picture Association (“MPA”) and the Content Delivery & Security Association (“CDSA”), is a new, global, industry-wide film and television content protection initiative. The TPN program helps companies prevent leaks, breaches, and hacks of their customers’ movies and television content before their intended release and seeks to raise security awareness, preparedness, and capabilities within the film and television industry.Grant Schuetrumpf, President, Advertising, added, “Protection and security around management and delivery of content is paramount in ensuring we look after our customer’s best interests. The TPN compliance assessment is an industry best practice, so brands, corporations, agencies, film and television studios, production companies, linear and digital broadcasters are now further assured their content is protected and secure when using Yangaroo. MPA compliance through the TPN program further improves our Service Levels Agreements and responses to ongoing Requests for Proposals and Information by marketing consultancy firms and procurement departments.”About YANGAROO:
Yangaroo is a software leader in work-flow management for advertising, music, and awards industries. YANGAROO’s patented Digital Media Distribution System is a leading secure business to business cloud-based solution that provides clearance, delivery, and secure API integration for various work-flow challenges in media distribution.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 YANGAROO Investor Inquiries:
Gary Moss
Phone: (416) 534-0607 ext.111
gary.moss@yangaroo.comCautionary Note Regarding Forward-looking StatementsThis 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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