Forbidden Technologies Gets Two Forscene Orders From Sporting Events

Tue, 03rd May 2016 07:47

LONDON (Alliance News) - Forbidden Technologies PLC on Tuesday said two sporting events have signed up to use its Forscene cloud video platform.

Forbidden did not name the specific events which will use the platform, but said one is a "global tennis tournament occurring in London" and the other is a "major international sporting games for disabled athletes held in Brazil this year".

No financial details were disclosed.

"Our commercial traction in 2016 continues unabated. We continue to demonstrate the effectiveness of our new strategy and its execution with our ability to sell our products into new workflows, growing revenues from both new and existing clients," said Forbidden Chief Executive Aziz Musa.

Forbidden shares were down 1.1% to 7.66 pence Tuesday.

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

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