10th Jun 2005 11:16
Forbidden Technologies PLC10 June 2005 Forbidden Technologies plc AGM Statement At today's AGM, Vic Steel, Chairman of Forbidden Technologies plc, made thefollowing comments: I am pleased to report that commercial interest in our product portfolio hascontinued to grow in recent months. I can announce NATS Post Production as the first reseller of FORscene in thebroadcast production area. NATS is a long established facilities house with animpressive client list amongst independent production companies andbroadcasters. NATS involvement with FORscene is a clear endorsement both of thefunctionality and the commercial attractiveness of the platform to thisimportant industry. For the second year, we are streaming live video of the proceedings of the AGM.From 11.00am today you can view this on our website at: http://www.forbidden.co.uk/agm2005/. This is made possible through the use of ourleading edge product, FORlive. At the AGM, we will demonstrate the FORscene platform, including the latestadditions, which extend its functionality beyond web based video editing andpublishing to include shot logging and the first phase of support for searchablevideo libraries. Our strategy of using partners to deliver products and services to specificmarkets and geographies is yielding results. In the UK we have a licenceagreement with MyGard, a web-based security company (www.mygard.com). In Italy,Mediaconcept (www.mediaconcept.it) has launched a mobile phone video portalbased on our products. In the Nordic area, we are in the final stages of testingweb video channels with a local broadcast partner. In an increasingly wide geographic arena we are building meaningful commercialrelationships. Over time, we are confident that these will build a significantand profitable business for our shareholders. 10 June 2005 Enquiries: Forbidden Technologies plc 020 8879 7245 Stephen Streater, Chief Executive Greg Hirst, Business Development Director College Hill 020 7457 2020 Corinna Dorward/Adrian Duffield This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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