Forbidden Technologies Gets First Paying Customers For Captevate

Wed, 30th Mar 2016 09:01

LONDON (Alliance News) - Forbidden Technologies PLC on Wednesday said it has secured its first customers for the Captevate online video editor.

Forbidden said it has brought on board its first paying customers for the platform and said it was seeing a "stable but modest" customer conversion rate.

No financial details on the new customers were disclosed.

"Captevate has such incredible potential, and the customer engagement data is impressive. With all three of our products now contributing in 2016, our future looks more exciting than ever before," said Aziz Musa, Forbidden's chief executive.

Forbidden shares were down 1.1% to 11.00 pence Wednesday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Forbidden