Re Agreement
07 Maio 2003 - 4:30AM
UK Regulatory
RNS Number:7683K
Forbidden Technologies PLC
07 May 2003
FORBIDDEN TECHNOLOGIES PLC
Japanese marketing agreement
Forbidden Technologies plc (Forbidden) has reached agreement with SiteSeer Japan
Ltd a company recently established to promote Forbidden Technologies' new
generation of online and mobile video streaming products, across Japan and other
Far East markets.
Japan has a strong culture of adopting new consumer technologies. NTT DoCoMo,
the telecom operator, has sold over 10 million camera phones since June last
year and its third generation mobile service, FOMA, now has over 320,000
subscribers.
The marketing team will be led by Alexander Streater who, as a resident of
Japan, has considerable experience in these markets including the successful
repurposing of high-technology offerings for the Japanese market. SiteSeer
Japan, which will offer video compression services to web designers and
corporates, will license Forbidden's technology for video delivery to PCs, PDAs
and mobile phones in return for a revenue share.
Greg Hirst, Business Development Director, Forbidden Technologies said:
"The Far Eastern audience is one of the most discriminating in the world and is
already an enthusiastic consumer of high quality data services, particularly on
mobile phones.
This partnership will allow us to offer Forbidden's high quality compressed
video to Far Eastern viewers, through local language web sites, as part of a
complete service for web designers and corporates. We look forward to working
with SiteSeer Japan with the aim of providing a quantum leap in the quality of
the user experience of web video."
7th May 2003
ENQUIRIES:
Forbidden Technologies plc Tel: 020 8879 7245
Greg Hirst, Business Development Director
College Hill Tel: 020 7457 2020
Nicholas Nelson
Note to Editors: Forbidden Technologies
Forbidden Technologies plc (www.forbidden.co.uk) develops and markets
proprietary technology for video distribution over the fixed line and wireless
Internet. Forbidden's highly efficient compression allows the streaming of
large pictures at high frame rates over the existing infrastructure of modems,
broadband and mobile networks. There is no need for dedicated serving software
or hardware and its Java player side steps the need for PC plug-ins.
Forbidden's range of end-to-end video communication solutions provides a set of
tools for advertising, entertainment, corporate communications, e-learning and
travel providers who believe that the moving image is the best way to get their
message across.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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