Forbidden Technologies plc (AIM: FBT), the AIM-quoted owner and developer of Forscene (the market-leading cloud video platform), Captevate (the consumer video editor), and eva (the video social network), is pleased to announce that Forscene will be used during the summer of 2016 in two major sporting events, in each case for the first time.
The first new sporting event is a global tennis tournament occurring in London. Forscene will be used as part of a larger workflow with an existing client to collect, edit and distribute highlights packages to digital channels. This is the first time that Forscene will be used in tennis and brings in additional revenue from an existing client.
The second new sporting event is a major international sporting games for disabled athletes held in Brazil this year. Forscene will be used to edit and distribute highlight packages to social media and to various websites. This is the first time that Forscene will be used for this particular event and brings in additional revenue from an existing client.
Aziz Musa, CEO of Forbidden Technologies, said:
“Our commercial traction in 2016 continues unabated. We continue to demonstrate the effectiveness of our new strategy and its execution with our ability to sell our products into new workflows, growing revenues from both new and existing clients. The tennis event in particular offers an exceptional opportunity to leverage a valuable marketing case study to help drive further sales.”
Forbidden Technologies plc
Stephen Streater, Chairman
Aziz Musa, Chief Executive
Tel: +44 (0)20 8879 7245
Allenby Capital Limited (Nominated Adviser and Broker)
Tel: +44 (0)20 3328 5656
Redleaf Communications (Financial PR Adviser)
Tel: +44 (0)20 7382 4730
About Forbidden Technologies plc
Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000.
The Company develops and markets a powerful cloud video platform, which is used by broadcasters, in professional web video, in education and by consumers. The Company platform is one of the world’s most advanced browser-based and mobile platforms, which underpins Forscene in professional markets, its eva video social network and its new consumer video editor, Captevate.