Trading Update

RNS Number : 8250K

Forbidden Technologies PLC

29 December 2008

 



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

Forbidden Technologies plc	020 8879 7245
Stephen B Streater (Chief Executive Officer)
Brewin Dolphin	0845 213 4212
Elizabeth Kennedy

 

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