BlackBird (BIRD)

Sector:

IT Services

Index:

FTSE AIM All-Share

 5.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 13.00p
  • 52 Week Low: 5.25p
  • Currency: UK Pounds
  • Shares Issued: 387.08m
  • Volume: 606,876
  • Market Cap: £22.26m
  • RiskGrade: 281

Forbidden Technologies scores agreement with Japanese telecommunications leader

By Duncan Ferris

Date: Tuesday 17 Apr 2018

LONDON (ShareCast) - (ShareCast News) - Cloud video technology firm Forbidden Technologies announced on Tuesday that it has entered a preliminary collaboration with a Japanese telecommunications operator.
The collaboration, negotiated through the company's partnership with Dragon Touch Systems, will see Forbidden Technologies' Blackbird technology utilised to allow the telecommunications' B2B customers to edit and version cloud-based content.

Daisuke Matsuo, chief executive of Dragon Touch Systems, said: "Our customer required a powerful cloud video platform solution to process high resolution videos, and Forte's ability to support multiple languages including Japanese, made it the perfect choice. I believe Blackbird Forte will serve as a catalyst for change in a traditional Japanese broadcast landscape."

The platform allows for reviewers and teams of editors to access content simultaneously, and allows for speed, unrestricted bandwidth and remote capabilities during collaborations.

A statement from Forbidden Technologies said the technology will improve time management, collaboration efficiencies and flexibility of content creators and broadcasters in the region.

Ian McDonough, chief executive of Forbidden Technologies, said: "We're delighted to announce this new deal through our partner, Dragon Touch Systems in Kanagawa, Japan. It represents a minor breakthrough in a major market. The customer has recognised the power of the platform and the ability to have a highly responsive workstation experience while working in the cloud, thanks to the Blackbird codec."

As of 1022 BST, Forbidden Technologies' shares were down 2.10% at 7.00p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BlackBird Market Data

Currency UK Pounds
Share Price 5.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 13.00p
52 Week Low 5.25p
Volume 606,876
Shares Issued 387.08m
Market Cap £22.26m
RiskGrade 281

BlackBird Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
72.35% below the market average72.35% below the market average72.35% below the market average72.35% below the market average72.35% below the market average
75.82% below the sector average75.82% below the sector average75.82% below the sector average75.82% below the sector average75.82% below the sector average
Income Not Available
Growth
36.32% below the market average36.32% below the market average36.32% below the market average36.32% below the market average36.32% below the market average
34.12% below the sector average34.12% below the sector average34.12% below the sector average34.12% below the sector average34.12% below the sector average

BlackBird Dividends

No dividends found

Trades for 03-May-2024

Time Volume / Share Price
16:14 10,000 @ 5.51p
13:30 176,708 @ 5.65p
13:43 102,494 @ 5.64p
13:37 17,000 @ 5.51p
13:37 50,000 @ 5.50p

BlackBird Key Personnel

CEO Ian McDonough

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