Forbidden Technologies Shares Up On Rich Energy Deal For Eva

Wed, 25th May 2016 08:15

LONDON (Alliance News) - Shares in Forbidden Technologies PLC were up early Wednesday after it said it has signed a deal for its video social network eva with energy drink brand Rich Energy.

Shares in Forbidden Technologies were up 15% at 10.19 pence Wednesday morning.

Under the deal Rich Energy Ltd will use the eva network to record user-generated content, and eva will initially be used as a research tool to acquire video-based consumer feedback on Rich Energy. The recorded content will then be available for use as a part of future marketing campaigns.

Financial details of the deal were not disclosed.

"We're pleased to be working with Rich Energy CEO, William Storey, on this exciting user-generated content campaign. We're sure that this deal will lead to a long and fruitful relationship with William's other brand lines as well," said General Manager of eva Jans Wikholm in a statement.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

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