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| Name | Symbol | Market | Type |
|---|---|---|---|
| Ft Fbt | LSE:FBT | London | Exchange Traded Fund |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,404.70 | 1,408.20 | 1,417.40 | 211 | 10:52:55 |
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TIDMFBT
RNS Number : 2953O
Forbidden Technologies PLC
04 November 2016
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR)
4 November 2016
Forbidden Technologies plc
("Forbidden" or the "Company")
Forbidden signs ADAPT Project
Forbidden Technologies plc (AIM: FBT), the AIM-quoted market-leading cloud video platform owner, announces that Forscene has been chosen for use by Royal Holloway University of London's ADAPT, a European Research Council-funded project researching the history of television production technology.
Using a combination of archived content and facility reconstructions, ADAPT will piece together the threads of the complex story of British broadcast production technologies since the 1960's until the present day.
Forscene will be used as the remote editing suite for the project. Because of the volume of video content being fed in, organised, and edited from multiple sources across numerous locations, the task would have been near impossible with other technologies.
The project will run until 2018 and will contribute to the Company's invoiced sales for 2016.
John Ellis, Professor of Media Arts and Royal Holloway, said:
"Forscene offers us the flexibility and scale to complete this project with the resources we have. It seems apt that as we research how production technology has evolved, we are using one of the most advanced technologies in the industry to tell this story."
Aziz Musa, CEO of Forbidden, said:
"The ADAPT project offers us another opportunity to not only offer value where other technologies would struggle, but also to be part of one of the leading media universities in the world."
Enquiries
Forbidden Technologies plc
Aziz Musa, CEO
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 7397 8900
Redleaf Communications (Financial PR)
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.
The 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
www.eva.co
www.captevate.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
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(END) Dow Jones Newswires
November 04, 2016 03:00 ET (07:00 GMT)
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