Digital media distributor Musicrypt Inc. has been renamed Yangaroo Inc. and is widening its scope beyond the music industry.

"Our new brand is the result of increasing demand for our solutions in many areas beyond the music industry," says John Heaven, president and CEO of Yangaroo Inc.

The change of the name of the Canadian company to Yangaroo Inc. was approved
by the company's shareholders at its annual shareholders meeting on June 25 in Toronto and by the TSX Venture Exchange in Toronto July 16. The company began trading on the TSX Venture Exchange under the new name July 18.

Yangaroo Inc. is partnered in the U.S. with Billboard, R&R and Nielsen BDS; in the UK, Europe and Australia with Adstream Ltd; and is marketed to the U.S. advertising industry by AWE, a division of Omnicom, and The Gary Group.