Business
Systems integrator update
Systems integrator update.
About this update from Blackbird Plc
[{"type":"text","content":"\n RNS Number : 9964Z Forbidden Technologies PLC 25 January 2011 \n \n\n25 January 2011\n \nForbidden Technologies plc\n \n(\"Forbidden\" or the \"Company\")\nSystems Integrator Update\n \nForbidden Technologies plc, the owner and developer of the FORscene Cloud video platform, is pleased to report on progress with its Systems Integrator strategy.\nForbidden has built its own Cloud video infrastructure which it uses to service its post-production clients in the Broadcast and Professional Web markets. Last year, Forbidden announced that it was looking to extend its market penetration by signing deals with Systems Integrators, who have the technical ability to build their own FORscene Cloud Servers to support their own clients.\nTo date, three such agreements have been signed, including the one announced earlier this morning. These agreements allow Systems Integrators to build and sell their own Cloud Servers, running Forbidden's software, and to provide FORscene to their customers around the world. Each Systems Integrator will support its customers directly, enabling Forbidden to drive onward the development of the FORscene platform.\nThe income Forbidden expects from deals being discussed between the Systems Integrators and each of their clients is expected to be typically of an order of magnitude larger than Forbidden's individual direct sales to broadcast post-production clients.\nIn recent months, Forbidden Technologies has signed deals with two regional and one global systems integrator. Whilst these deals have yet to result in an order for a complete Cloud system, the Systems Integrators are actively promoting FORscene to potential clients. Money from preliminary work is already starting to trickle in.\nAlthough the major step change in revenue resulting from customers of the Systems Integrators did not come through in the last quarter of 2010, the Board is pleased with the organic growth in both customer numbers and size of orders for its own Cloud Servers, and the ability of its Cloud infrastructure to support this growth. The Board feels that the increasing revenue from its own Cloud underpins the value of FORscene to Systems Integrators and their potential clients.\nStephen Streater, CEO of Forbidden Technologies, said:\n\"The willingness of Systems Integrators to adopt FORscene validates Forbidden'...