LONDON, May 15, 2019 /PRNewswire/ -- Forbidden
Technologies plc (AIM: FBT), the developer and seller of cloud
video platform technology using its patented Blackbird technology,
is pleased to announce that with effect from 8.00 am today, the Company's name has changed to
Blackbird plc.
Trading in the Company's shares under the new name have
commenced at 8.00 am today and the
Company's ticker symbol (TIDM) has changed from 'FBT' to 'BIRD'.
The Company's website can be found at www.blackbird.video, where
the information required pursuant to AIM Rule 26 can be viewed.
Shareholdings will be unaffected by the change of name and
existing share certificates should be retained as they will remain
valid for all purposes. Any new share certificates issued will bear
the new name.
Ian McDonough, Chief
Executive of Forbidden said: "This is a logical step
forwards for the Company as we consolidate our commercial efforts
behind the Blackbird platform. The collective noun for a group of
blackbirds is a cloud. This is no accident. Our unique Blackbird
codec and toolset is completely cloud-native. The Blackbird name is
synonymous with speed and agility, and this is exactly what
Blackbird provides for our customers. It brings workstation
responsiveness together with all the advantages of the cloud for
collaborative workflows for video professionals and teams, across
the world.
We look forward to a bright future under the all-encompassing
banner of the Blackbird name, as we continue to pursue our mission
to revolutionise the way organisations work with video and maximise
the value of video assets in a rapidly evolving broadcast and
digital landscape."
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SOURCE Blackbird plc