YOO Yangaroo Inc

YANGAROO Inc., (TSX-V:YOO)(OTCBB:YOOIF) the industry's leading secure digital media management and distribution company, today announced that Tony Awards Productions (TAP) has exercised an option to increase and expand their use of the YANGAROO Awards platform for the 2018 Tony Awards balloting procedure. The Tony Awards are presented by The Broadway League and the American Theatre Wing.

This expanded partnership will continue to provide TAP with a digital awards system hosted and maintained by YANGAROO, allowing the Tony Awards Nominating Committee to review eligible parties and relevant information to select the final nominees in each category. In addition, it will also host the online ballot that will decide the ultimate winners of the 2018 Tony Awards, which will broadcast live on Sunday, June 10, 2018 from Radio City Music Hall in New York City.

“We have been pleased with the modernization our nominating process, and look forward to completing the transition by bringing the final ballot online with YANGAROO Awards as well,” said Charlotte St. Martin, President of The Broadway League and Heather Hitchens, President of the American Theatre Wing.

“This confidence from an iconic show like The Tony Awards is a fantastic endorsement of our industry leading awards management platform and the team of people behind it,” said Adam Hunt, SVP Entertainment, YANGAROO Inc. “We are excited to extend our services to the voting members for what we hope to be the first of many final ballots.”

The Tony Awards, and over 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 Academy of Country Music Awards, The MTV Video Music Awards (VMAs), The BET Awards, The Junos, The Canadian Screen Awards, The BET Hip Hop Awards, and The Soul Train Awards.

About The Tony Awards:

The American Theatre Wing’s Tony Awards are presented by The Broadway League and the American Theatre Wing. At The Broadway League, Robert E. Wankel is Chairman and Charlotte St. Martin is President. At the American Theater Wing, David Henry Hwang is Chairman and Heather A. Hitchens is President. Ricky Kirshner and Glenn Weiss of White Cherry Entertainment are the Executive Producers of the 2018 Tony Awards. Mr. Weiss will also serve as Director of the 2018 Tony 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.

For YANGAROO Investor Inquiries: Gary Moss Phone: (416) 534-0607 ext.111 gary.moss@yangaroo.com

For The Tony Awards: Shawn Purdy – SLATE PR Phone: (212) 235-6813 shawn@slate-pr.com

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

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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.

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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.