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Forbidden Technologies results to be below last year

By BFN News | 09:44 AM | Wednesday 13 December, 2017

Forbidden Technologies has warned that its full year results will be below last year due to significant management changes this year, and the longer infrastructure sale cycle. But it said that in the past few months it had signed a number of exciting new proofs of concept in multiple regions and new sectors and it now had the most PoCs it has ever had at any one time. Chief executive Ian McDonough said: 'My customer visits have highlighted the challenges and opportunities the industry has as it undergoes digital transformation. 'Feedback from both customers and prospects is unanimous - the Blackbird video technology should be a game changer within the industry - and reaffirms my core reason for joining Forbidden as CEO. 'There is a lot of work to be done, to tackle both the lack of sales and the fact that the Company has been under-selling its technology. I relish the challenge. 'These are exciting times at Forbidden Technologies and I look forward to keeping shareholders up-to-date in the new year.' At 9:44am: (LON:FBT) Forbidden Technologies PLC share price was -1.5p at 4.63p Story provided by

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