Blackbird PLC Regulatory News (BIRD)

29 Dec 2008 11:24



Forbidden Technologies plc

Since the interim results announced by Forbidden Technologies ("Forbidden"; AIM:FBT) on 30 September 2008, Forbidden's financial outlook has materially improved.

Forbidden's FORscene web-based video post-production service has gained new customers in the broadcast television industry. The efficiency improvements from its web-based workflows are proving attractive.

To complement this, custom from websites requiring professional quality video content has continued to grow from a base level of around £10,000 in 2007, with sales expected to increase by a multiple in each of the years 2008 and 2009.

Combining all sectors, Forbidden already has visibility for year-on-year sales growth of around 40% in 2008 and a further 100% in 2009.

Contacts