Partnership with T3Media
Forbidden Technologies plc (AIM: FBT), the AIM-quoted owner and developer of the market leading cloud video platform, FORscene, is pleased to announce that it has established a partnership with T3Media, the leading provider of cloud-based video management, archiving, licensing , and distribution services for enterprise clients worldwide. T3Media's sports clients include Fox Sports and the NCAA(R).
Following a successful pilot with one of T3Media's clients, Professional Bull Riders Inc. (PBR), the Colorado-based firm has begun to implement FORscene across sports-editing projects for its other clients. A key enabler of the partnership is Forbidden's ability to integrate with EVS, the leading broadcast and media production systems for sports, opening up a valuable new market segment for FORscene.
Mark Lemmons, Chief Technology Officer, T3Media, said:
"We saw that many of our sports-oriented clients needed to move post production and distribution away from the venue in order to cut down on costs associated with having large teams of editors on site. After watching Forbidden's work with other major sports brands, we knew FORscene could be the perfect solution. We were sold after launching it with PBR's events. FORscene will provide our clients the ability to edit, publish, and archive from the scene of the action to their audiences faster and at a reduced production cost."
Stephen Streater, CEO, Forbidden Technologies plc, said:
"T3Media is a fantastic name to have on board and we look forward to working with them to bring even more efficient and effective cloud-based services to their clients. This partnership is tangible proof that the work that we've done to integrate FORscene with EVS's market leading broadcast and media production system is paying off".
Forbidden Technologies plc
Tel: +44 (0)20 8879 7245
Stephen Streater, CEO
Cenkos Securities plc (Nominated Adviser and Broker)
Tel: +44 (0)20 7397 8900
Bobbie Hilliam, Corporate Finance
Alex Aylen, Sales
Redleaf Polhill (Financial PR)
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 and markets the powerful cloud video platform, FORscene, which is used by broadcasters, in professional web video, in education and by consumers. FORscene is one of the worlds most advanced browser-based and mobile applications.
About T3Media, Inc.
T3Media provides management, delivery and monetization solutions for the global media and entertainment supply chain through our cloud-based, enterprise class platform-as-a-service. We help clients including Sony Pictures Entertainment, Fox Sports, Fox International, Paramount Pictures, National Geographic and the NCAA(R) unlock the value of their enterprise video libraries through our leading management and delivery services, generating new value from their content while managing cost and complexity. For more information please visit www.t3media.com.