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Forbidden Tech signs South African training deal

LONDON (ShareCast) – (ShareCast News) – Forbidden Technologies (LSE: FBT.Lnews) said it has won a South African government contract to train 150 teachers and unemployed youths how to be video editors.
The AIM-quoted owner and developer of cloud video platform Forscene said the first contract will be a pilot scheme, and if successful, will see another 150 new students expected to be added every quarter, with the Company moving to an annual licensing deal in the later part of 2016.

Jason Cowan, Business Development Director at Forbidden Technologies, said: “This deal has been in the pipeline for some time and we are delighted to have begun the proof of concept. Whilst there’s no guarantee that the full scope will be signed off we are extremely confident that the benefits Forscene can deliver in this project are significant.”

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