TIDMFBT

Forbidden Technologies PLC

18 August 2017

18 August 2017 RNS Reach

Forbidden Technologies plc

("Forbidden" or the "Company")

Forbidden Technologies plc agrees expanded deal with iconic sporting venue

Forbidden Technologies plc (AIM: FBT), is pleased to announce that it has today agreed an expanded deal with an iconic sports, music and entertainment venue in New York.

To date the venue has successfully used Forbidden's cloud video platform, Forscene, to improve its time to market for digital clips. Consequently, Forscene's closed captioning capabilities have also established practical value. With the use of Forscene the venue has successfully achieved its objective of being first to market in the distribution of digital highlights of the events held at its location. The venue is now expanding the number of live feeds to this clipping service.

Chairman of Forbidden Technologies plc, David Main, said "Expanding the scale of our relationship with this iconic venue is clear validation of the value we can bring into the live sports and entertainment market. Our Forscene cloud video platform provides the venue with the capability to outperform competition in terms of speed to market for the highlights of live events."

Enquiries:

Forbidden Technologies plc

David Main, Chairman

Jonathan Lees, Chief Financial Officer

Tel: +44 (0)20 8879 7245

Allenby Capital Limited (Nominated Adviser and Broker)

Nick Naylor

John Depasquale

Richard Short

Katrina Perez

Tel: +44 (0)20 3328 5656

Redleaf Communications (Financial PR Adviser)

David Ison

Sam Modlin

Tel: +44 (0)20 7382 4730

Email: forbidden@redleafpr.com

About Forbidden Technologies plc

Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000.

Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000.

Company develops, markets and licenses a powerful cloud video platform, with multiple applications, which can be used by rights holders, broadcasters, sports and news video specialists, post-production houses, other mass market digital video channels, corporates and consumers. The platform helps provide customers visibility on all their content and more effectively monetise their content, including improving their time to market for live digital content such as clips and highlights packages for social media.

Websites:

www.forbidden.co.uk

www.forscene.com

Social media:

www.facebook.com/FORscene

www.plus.google.com/+Forscenepro/posts

www.linkedin.com/company/forscene

www.twitter.com/forscenepro

www.youtube.com/user/ForsceneTraining

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRALFFFLTAIDLID

(END) Dow Jones Newswires

August 18, 2017 02:00 ET (06:00 GMT)