Share Name Share Symbol Market Type Share ISIN Share Description
Forbidden Tech. LSE:FBT London Ordinary Share GB0004740477 ORD 0.8P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25p -5.13% 4.625p 4.50p 4.75p 4.875p 4.625p 4.875p 110,427 08:35:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 0.8 -2.4 -1.6 - 8.35

Forbidden Technologies PLC Extension of Paid Proof of Concept

19/04/2017 7:00am

UK Regulatory (RNS & others)


Forbidden Tech. (LSE:FBT)
Historical Stock Chart

3 Months : From Mar 2017 to Jun 2017

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RNS Number : 6854C

Forbidden Technologies PLC

19 April 2017

19 April 2017

Forbidden Technologies plc

("Forbidden" or the "Company")

Extension of Paid Proof of Concept with Broadcaster

Forbidden Technologies plc (AIM: FBT), the AIM-quoted owner and developer of Forscene (the market-leading cloud video platform), announces that the Company's Forscene proof of concept with a major UK broadcaster has been extended to complete the testing and evaluation impacted by organisational changes at the broadcaster client. The extended proof of concept with the broadcaster, which covers a workflow that includes the editing software of a major US technology player, is expected to conclude towards the end of the calendar year.

David Main, Forbidden Technologies Chairman, commented:

"The extension should allow for broader visibility of the potential value of Forscene, and may allow the Company to extend its presence within the broadcaster."

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)

Rebecca Sanders-Hewett

David Ison

Susie Hudson

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.

Company develops and markets 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 applications help customers improve their time to market on time sensitive content, and efficiently exploit the full value of their content.

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

MSCEASLNFLEXEEF

(END) Dow Jones Newswires

April 19, 2017 02:00 ET (06:00 GMT)

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