Re Agreement
Forbidden Technologies PLC
29 April 2003
FORBIDDEN TECHNOLOGIES PLC
Cantos Communications to license Forbidden Technologies'
video compression and playback technology
Forbidden Technologies plc (Forbidden) and Cantos Communications Limited
(Cantos) have confirmed that Cantos is licensing Forbidden's new generation
video compression and playback technology.
Cantos, the pioneer in online business broadcasting, provides an online video
communication service and has made programming for over 600 companies including
over 60% of the FTSE 100 and 50% of the FTSE 250 since its launch in May 2001.
Cantos plans to use the exceptional reach of Forbidden's video streaming
technology to augment the range of services that it offers to its corporate
clients, to deliver corporate programming to a wider Internet, intranet and
wireless audience.
Stephen Streater, Chief Executive, Forbidden Technologies commented:
'We are very pleased to be working with Cantos which provides a valuable service
to the business and financial world. This agreement will enable Cantos to extend
the reach of its streaming video programming to the widest possible audience.
'Our new generation compression and playback technology will allow those who
were previously denied access by a firewall, restricted bandwidth or the lack of
the correct plug-in, to view Cantos video content simply by clicking on a link
in a web page or email.'
Lucy Parker, Chief Executive, Cantos, commented:
'Cantos video interviews must reach our various audiences in the highest quality
possible. Working with Forbidden, alongside our other technology partners, will
help us extend the deployment of video inside large organisations.'
29th April 2003
ENQUIRIES:
Forbidden Technologies plc Tel: 020 8879 7245
Greg Hirst, Business Development Director
College Hill Tel: 020 7457 2020
Nicholas Nelson
Cantos Communications Tel: 020 7936 1377
Samantha Ezro
Penrose Financial Tel: 020 7786 4881
Andrew Nicholls
Note to Editors:
Forbidden Technologies
Forbidden Technologies plc (www.forbidden.co.uk) develops and markets
proprietary technology for video distribution over the fixed line and wireless
Internet. Forbidden's highly efficient compression allows the streaming of
large pictures at high frame rates over the existing infrastructure of modems,
broadband and mobile networks. There is no need for dedicated serving software
or hardware and its Java player side steps the need for PC plug-ins.
Forbidden's range of end-to-end video communication solutions provides a set of
tools for advertising, entertainment, corporate communications, e-learning and
travel providers who believe that the moving image is the best way to get their
message across.
Cantos
Cantos, the online business broadcaster, has made programming for over 600
companies including over 60% of the FTSE 100 and 50% of the FTSE 250 since its
launch in May 2001. The broadcast content on cantos.com includes in-depth
interviews with top management and special features such as web documentaries
and virtual site visits.
Cantos programming services cover company's financial results, AGMs,
acquisitions, disposals, right issues and appointments. Clients include Alliance
& Leicester, AWG, Aberdeen Asset Management, Aviva, BAT, BG Group, BTG, Brixton,
Centrica, Close Brothers, Corus, De La Rue, Diageo, DMGT, Friends Provident,
Invensys, Marks & Spencer, MyTravel, Nasdaq, Numico, Pearson, P&O Princess,
Prudential, Psion, Rolls-Royce, Sainsbury's, Serco, SABMiller, Shell, Standard
Chartered, Swiss Life, Telewest, Trinity Mirror, Unilever, Wembley,
Wolverhampton & Dudley and many more.
Over 6,500 individuals from over 800 financial institutions have registered on
the site, including fund managers and buy and sell side analysts from across the
UK, USA and Europe. Over 35% of these are now from outside the UK. Some 15% of
the Cantos viewer base is private investors and their advisors/IFAs in the UK
and overseas.
This information is provided by RNS
The company news service from the London Stock Exchange