Forbidden Technologies PLC
13 November 2001
FORBIDDEN TECHNOLOGIES PLC
Agreement with Travel Television Ltd
Forbidden Technologies plc, which is creating new technology for video
distribution over the Internet, announces a joint agreement with Travel
Television, the provider of travel and holiday information to tourist resorts,
travel agents and hotels worldwide. Customers include Freeserve and Columbus
Publications.
At present clients of Travel Television use video compression software from
other suppliers to play video on their web sites. In future Travel Television
will promote the use of Forbidden's technology and make available its
extensive library of video material, which will be promoted by Forbidden
Technologies as part of the agreement.
As part of its package of services, Travel Television has a library of over
2,400 hours of travel related video content and offers streaming video
production services primarily to the holiday and leisure industry.
Forbidden Technologies has developed video compression technology to deliver
large pictures at up to VHS frame rates over modems on typical home computers.
The Company is in the process of developing a second generation codec which
will have a demonstrably better picture quality than the existing codec,
variable picture size and will support a much wider range of content. This
technology will be suitable for a large range of applications due to its
potential market penetration, quality and flexibility of the software.
Stephen Streater, Chief Executive of Forbidden Technologies commented:
'Since listing on AIM in February 2000, we have made considerable progress
from a standing start to a saleable product. This agreement with Travel
Television, a company with considerable experience in providing video content
over the Internet, is a solid endorsement of our technology.'
Nicholas Rogovsky, Producer of Travel Television said:
'Compelling visual content for consumer marketing using the Internet for
leisure travel products has a huge impact on new ways of selling holidays.'
13th November 2001
Enquires:
College Hill Associates Tel: 020 7457 2020
Michael Padley / Nicholas Nelson
Copies of this statement will be available for a period of 14 days from the
Company's registered office: 2-4 St.George's Road, Wimbledon, London SW19 4DP
The Company's website is at http://www.forbidden.co.uk/ and includes
demonstration videos using Forbidden's unique technology.
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