Forscene licensed to major North American media company
Forbidden Technologies plc (AIM: FBT) is pleased to announce a paid for pilot for its Forscene video platform with a major North American broadcaster and sports rights holder.
The Forscene cloud video platform will provide a virtualised workflow and remote collaborative access to producers, editors and clients, enabling them to view and create selections and rough cuts prior to a final editing process. In addition, Forscene will facilitate a rigorous shot logging process for the work groups.
Forbidden Technologies Chairman, David Main, said:
“We are excited to be starting a relationship with a respected and innovative North American broadcaster. Our patented codec, Blackbird, which creates a lightweight proxy video is at the core of providing the capabilities that are required by this Company. We are delighted that they recognise the unique capabilities that we provide.
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.
The Company develops, markets and licenses 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 helps provide customers visibility on all their content and more effectively monetise their content, including improving their time to market for live digital content such as clips and highlights packages for social media.