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Agreement with Travel Television
13th Nov, 2001
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."
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