Forbidden Technologies PLC
10 June 2005
Forbidden Technologies plc
AGM Statement
At today's AGM, Vic Steel, Chairman of Forbidden Technologies plc, made the
following comments:
I am pleased to report that commercial interest in our product portfolio has
continued to grow in recent months.
I can announce NATS Post Production as the first reseller of FORscene in the
broadcast production area. NATS is a long established facilities house with an
impressive client list amongst independent production companies and
broadcasters. NATS involvement with FORscene is a clear endorsement both of the
functionality and the commercial attractiveness of the platform to this
important industry.
For the second year, we are streaming live video of the proceedings of the AGM.
From 11.00am today you can view this on our website at: http://
www.forbidden.co.uk/agm2005/. This is made possible through the use of our
leading edge product, FORlive.
At the AGM, we will demonstrate the FORscene platform, including the latest
additions, which extend its functionality beyond web based video editing and
publishing to include shot logging and the first phase of support for searchable
video libraries.
Our strategy of using partners to deliver products and services to specific
markets and geographies is yielding results. In the UK we have a licence
agreement with MyGard, a web-based security company (www.mygard.com). In Italy,
Mediaconcept (www.mediaconcept.it) has launched a mobile phone video portal
based on our products. In the Nordic area, we are in the final stages of testing
web video channels with a local broadcast partner.
In an increasingly wide geographic arena we are building meaningful commercial
relationships. Over time, we are confident that these will build a significant
and profitable business for our shareholders.
10 June 2005
Enquiries:
Forbidden Technologies plc 020 8879 7245
Stephen Streater, Chief Executive
Greg Hirst, Business Development Director
College Hill 020 7457 2020
Corinna Dorward/Adrian Duffield
This information is provided by RNS
The company news service from the London Stock Exchange UQGQUPAGGU
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