15th Jan 2016 08:35
LONDON (Alliance News) - Forbidden Technologies PLC on Friday said two affiliates of US television network ABC are to adopt the company's Forscene cloud video platform.
The company said the two news affiliates have bought the platform through Field59, the video management system provider, with which Forbidden has partnered.
No financial details were disclosed.
"ABC is one of the largest and highest-profile television networks in the US so the fact that two of its news affiliates have opted to use Forscene is further validation of our video editing software's capabilities within the sector," said Forbidden Chief Executive Aziz Musa.
"News is a key vertical for Forbidden and, through executing on our newly invigorated commercial strategy, it's one where we believe we can gain real sales traction going forwards," Musa added.
Forbidden shares were up 11% early Friday to 12.12 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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