Extension of Paid Proof of Concept with Broadcaster
Forbidden Technologies plc (AIM: FBT), the AIM-quoted owner and developer of Forscene (the market-leading cloud video platform), announces that the Company’s Forscene proof of concept with a major UK broadcaster has been extended to complete the testing and evaluation impacted by organisational changes at the broadcaster client. The extended proof of concept with the broadcaster, which covers a workflow that includes the editing software of a major US technology player, is expected to conclude towards the end of the calendar year.
David Main, Forbidden Technologies Chairman, commented:
“The extension should allow for broader visibility of the potential value of Forscene, and may allow the Company to extend its presence within the broadcaster.”
Forbidden Technologies plc
David Main, Chairman
Jonathan Lees, Chief Financial Officer
Tel: +44 (0)20 8879 7245
Allenby Capital Limited (Nominated Adviser and Broker)
Tel: +44 (0)20 3328 5656
Redleaf Communications (Financial PR Adviser)
Tel: +44 (0)20 7382 4730
About Forbidden Technologies plc
Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000.
Company develops and markets a powerful cloud video platform with multiple applications which can be used by rights holders, broadcasters, sports and news video specialists, post-production houses, other mass market digital video channels, corporates and consumers. The platform applications help customers improve their time to market on time sensitive content, and efficiently exploit the full value of their content.