The DMDS Team Blog

30Nov/100

YANGAROO ANNOUNCES EXECUTIVE CHANGE

TORONTO, CANADA – YANGAROO Inc. (TSX YOO, OTC: YOOIF), the industry’s leading secure digital media distribution company, today announced that John Heaven is leaving the position of President and Chief Financial Officer and Director of YANGAROO on November 30th after eleven years with the company to pursue other opportunities.  John served as President and CEO until June of this year.

The company is pleased to appoint Michael Galloro, CA as interim Chief Financial Officer effective immediately. Michael is a Chartered Accountant with over 15 years of experience, having earned his designation while working for KPMG LLP. Michael has significant experience in finance and capital markets, corporate governance, human resources, compliance, valuations, mergers and acquisitions and Initial Public Offerings.

“We are fortunate to have someone with Michael’s broad based and relevant experience take over this role on an interim basis,” said Scott Wambolt CEO of YANGAROO Inc. “We all would like to recognize the contributions John Heaven has made to YANGAROO’s development over his tenure and we wish him success in his future endeavours.”

About YANGAROO:

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 audio and video content for music, music videos, and advertising to television, radio, media, retailers, award shows and other authorized recipients with more accountable, effective, and far less costly digital delivery of broadcast quality media via the Internet.

Named one of Canada’s Top 100 Tech Companies for 2009 by Canadian Business, YANGAROO has offices in Toronto, New York, Los Angeles, and London, U.K. 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 Scott Wambolt at 416-534-0607 ext 111 or visit www.yangaroo.com.

Be Sociable, Share!
Comments (0) Trackbacks (0)

No comments yet.


Leave a comment

No trackbacks yet.