Forbidden expands deal with iconic sporting venue

RNS Number : 3496O

Forbidden Technologies PLC

18 August 2017

 

18 August 2017 RNS Reach

Forbidden Technologies plc

("Forbidden" or the "Company")

Forbidden Technologies plc agrees expanded deal with iconic sporting venue

Forbidden Technologies plc (AIM: FBT), is pleased to announce that it has today agreed an expanded deal with an iconic sports, music and entertainment venue in New York.

To date the venue has successfully used Forbidden's cloud video platform, Forscene, to improve its time to market for digital clips. Consequently, Forscene's closed captioning capabilities have also established practical value. With the use of Forscene the venue has successfully achieved its objective of being first to market in the distribution of digital highlights of the events held at its location.  The venue is now expanding the number of live feeds to this clipping service.

Chairman of Forbidden Technologies plc, David Main, said "Expanding the scale of our relationship with this iconic venue is clear validation of the value we can bring into the live sports and entertainment market.  Our Forscene cloud video platform provides the venue with the capability to outperform competition in terms of speed to market for the highlights of live events."

Enquiries:

Forbidden Technologies plc


David Main, Chairman

Jonathan Lees, Chief Financial Officer

Tel: [phone]

Allenby Capital Limited (Nominated Adviser and Broker)

Nick Naylor

John Depasquale

Richard Short

Katrina Perez

Tel: [phone]

Redleaf Communications (Financial PR Adviser)

David Ison

Sam Modlin

Tel: [phone]

Email: [e-mail]

About Forbidden Technologies plc



Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000.

Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000.

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.

Websites:

www.forbidden.co.uk

www.forscene.com

Social media:

www.facebook.com/FORscene

www.plus.google.com/+Forscenepro/posts

www.linkedin.com/company/forscene

www.twitter.com/forscenepro

www.youtube.com/user/ForsceneTraining

 

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