Blackbird Regulatory News (BIRD)

20.03.13

Forbidden Technologies plc

("Forbidden" or the "Company")

Key Code Media signs FORscene contract for USA

Forbidden Technologies, the AIM-quoted owner and developer of the market leading FORscene Cloud video platform, is pleased to announce that Key Code Media, Inc of Burbank, California has signed a FORscene distribution agreement. The agreement is non-exclusive and covers the USA.

Key Code Media consults on, supports and sells digital media communication systems. Founded in 2001, it has offices across the West Coast of the US. An industry leader in its field, it has clients in the Entertainment, Broadcast, Corporate, Education, Government and House of Worship sectors. Since 2002 Key Code Media has been the number one Avid reseller in the world.

Forbidden's UK broadcast post-production sales grew 61% in 2012. Signing up Key Code Media, with its illustrious and wide ranging client base, raises the prospect of Forbidden breaking into the USA broadcast post-production market, a multiple of the size of the corresponding UK market.

Mike Cavanagh, President of Key Code Media, said:

"We have been aware of FORscene for a number of years and have seen the significant technological advances it has made. The time is right to integrate FORscene with our existing services for our clients. We are excited to be working with this innovative platform."

 Stephen Streater, CEO, Forbidden Technologies, said:

"The Forbidden business model is to sign up with partners with vision and focus who are market leaders in their fields. I am delighted to be developing the US market with such an exciting and prestigious company."

-Ends-

For more information, please visit www.forbidden.co.uk or contact:

Forbidden Technologies plc

Stephen Streater, CEO

Tel: +44 (0)20 8879 7245

Cenkos Securities plc, Broker

Adrian Hargrave, Corporate Finance

Alex Aylen, Sales

Tel: +44 (0)20 7397 8900

Bishopsgate Communications

Nick Rome / Sam Allen/ Matthew Low

Tel: +44 (0)20 7562 3350

forbidden@bishopsgatecommunications.com 

About Forbidden Technologies

Forbidden Technologies plc (AIM: FBT, www.forbidden.co.uk) floated in February 2000.

The Company develops and markets a powerful cloud video platform, FORscene, which is used by broadcasters, in professional web video, in education and by consumers. FORscene is one of the world's most advanced browser-based and mobile applications.

About Key Code Media, Inc

Key Code Media consults supports and sells digital media communication systems with the highest levels of integrity, empowering our clients to maximize their success. Founded in 2001, the Company is an industry leader for end-to-end turnkey systems with exceptional customer support and service.

Our installations are equally at home in entertainment, broadcast, corporate, educational and government production facilities. Key Code Media revenues exceed $27 million per year. We are financially stable with a strong banking relationship with Wells Fargo Bank and extensive credit lines with all our vendors. This minimizes your risk of doing business with an undercapitalized company. Key Code Media offers a proven selection of hardware and software tools designed to meet a variety of needs and preferences. We provide award winning creation and editorial tools, the latest technological advances in storage and media management solutions, as well as data distribution systems from the leading manufacturers in the industry.

Our vendor list includes Avid, Digidesign, Telestream, Facilis, Editshare, Digital Rapids, Autodesk, Assimilate, AJA, Leader, Newtek, Harris, Waves, Adobe, StorageDNA, Blackmagic Design, and dozens more. Our company is also an authorized dealer for Apple, Hewlett Packard and a system integrator for both Sony and Panasonic. We work very closely with these manufacturers on a daily basis so we can offer the best solutions to integrate seamlessly and deliver the means to take your business to a higher level.

Our customer service consultants are manufacturer-trained, certified professionals with years of hands-on experience who are committed to providing the highest quality technical support in the industry. Technical support and system workflow are our core competency, and we strive to provide a successful client outcome.