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2d3 Contract Win

9 Jul 2014 09:00

RNS Number : 7868L
OMG PLC
09 July 2014
 



9 July 2014

OMG plc

("OMG" or the "Group")

 

2d3 Contract Win

 

- UK MOD's Dstl Centre for Defence Enterprise awards 2d3 with second phase project -

 

OMG plc, (AIM: OMG), the technology group providing image understanding products for the entertainment, defence, life science and engineering industries, is proud to announce that, 2d3 Sensing, the Group's defence and security business, has been awarded a further contract with the UK MOD's Defence Science and Technology Laboratory ("Dstl") Centre for Defence Enterprise ("CDE").

 

The aim of the project is to develop technology that will improve the efficiency of managing streaming data intelligence and will run until September 2015. An initial phase was completed during 2013, the successful completion of which led to 2d3 being awarded this second contract.

 

The first phase included a Proof-of-Concept ("PoC") project whereby 2d3 co-developed a Streaming Data Intelligence Library standard, as well as building a prototype that could handle both motion imagery and Ground Moving Target Indicator ("GMTI") data in an efficient and coherent manner. When compared against a conventional intelligence library, the Streaming Data Intelligence Library prototype was demonstrably more efficient. For example, a military analyst was able to complete three tasks in under five minutes compared to one task which would normally take over two hours. Additionally, when completing these tasks, the analyst only required 2MB of data to be transferred compared to 6.6GB with a conventional intelligence library.

 

In this second phase, 2d3 Sensing will work in partnership with Dstl CDE to further develop the Streaming Data Intelligence Library concept, mature the technology and formally prototype the capability.

 

 

Commenting on today's announcement Nick Bolton, Chief Executive of OMG plc, said:

 

"We are very pleased to have been awarded this contract by Dstl. The work we are undertaking in partnership with them is a testament not only to the strength of 2d3's working relationship, but also speaks to the strength of our expertise in bringing our innovative technology to bear. It's gratifying that our work continues to be recognised within the UK defence industry and we look forward to driving forward this important initiative."

 

 

For further information please contact:

 

OMG plc

+44 (0) 1865 261800

Nick Bolton, CEO

David Deacon, CFO

FTI Consulting

+44 (0) 20 3727 1000

Matt Dixon / Emma Appleton / Charles Palmer / Jessica Liebmann

N+1 Singer (NOMAD to OMG)

+44 (0) 20 7496 3000

Shaun Dobson / Jen Boorer

 

 

Notes to Editors

 

About OMG plc

 

OMG plc (Oxford Metrics Group. LSE: OMG) is a group of technology companies producing image understanding products and services for the entertainment, defence, life science and engineering industries.

 

The Group's technology is used to capture the movements of actors (for the movie industry), sportsmen (for video games or improving team performance), children with cerebral palsy, rehab patients and animals (for medical, life science and research industries). The technology is also used for the management of infrastructure assets or even for providing image intelligence and situational awareness from drone aircraft. Through this diverse offering the Group has earned its strong international reputation for precision from pixels.

 

Founded in 1984, the Group is headquartered in Oxford, UK, and has four offices in the US and two in the UK. It has customers in over 50 countries and is a quoted company listed on AIM, a market operated by the London Stock Exchange. The Group trades through four operating subsidiaries: Vicon, the world's largest motion capture and movement analysis company, 2d3, a manufacturer of specialised image understanding software for defence applications, Yotta, a provider of software and services for infrastructure asset management and OMG Life, a new consumer subsidiary.

 

The Group's global clients spanning the worlds of science, medicine, sport, engineering, gaming, film and broadcast include: major hospitals and research facilities such as Guy's Hospital, Nuffield Orthopaedic Centre and Loughborough University, engineering industry leaders including: Ford Motor Company, BMW, Airbus and Toyota, and in the entertainment sector; Sony, Industrial Light and Magic, Sega, Nintendo, UbiSoft, EA and Square Enix. In infrastructure asset management, clients include Highways Agency, East Sussex, Kent, Lancashire, Transport for London, UK Power Network, Cheshire East and West as well as many others.

 

For more information about OMG, visit www.omgplc.com.

 

 

About 2d3 Sensing

 

2d3 Sensing is an agile commercial-off-the-shelf (COTS) technology provider specializing in the processing, exploitation, and dissemination of motion imagery and metadata. Using innovative vision science techniques and standards-based media management capabilities, 2d3 Sensing improves and extracts the information contained in motion imagery for better situational awareness and intelligence, surveillance and reconnaissance mission results. 2d3 Sensing offers stand-alone software products, SDKs and APIs, and also customized software solutions through 2d3 Sensing's Delivery Teams. For more information, please visit http://www.2d3sensing.com or call (949) 540-0740.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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