Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOxford Metrics Regulatory News (OMG)

Share Price Information for Oxford Metrics (OMG)

Share Price is delayed by 15 minutes
Get Live Data
46.00    -2.00 (-4.17%)
Bid:
46.10
Ask:
47.90
Spread: 1.80 (3.905%)
Market Cap: £51.49m
OMG Live PriceLast checked at - London Stock Exchange

Intraday Oxford Metrics Share Chart

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
 
END
 
 
NRASSLFMAFLSEDW
Date   Source Headline
21st Oct 20197:00 amRNSYear End Trading Update
14th Oct 20197:00 amRNSImperial College London upgrades Vicon solutions
20th Sep 20195:29 pmRNSHolding(s) in Company
25th Jun 20197:00 amRNSVicon announces new inertial tracking system
19th Jun 201911:28 amRNSExercise of Options & Total Voting Rights
11th Jun 20197:00 amRNSInterim Results for the 6 months ended 31.03.2019
8th May 20197:00 amRNSNotice of Results
26th Mar 20197:00 amRNSYotta wins Bury Council contract
25th Mar 20194:03 pmRNSHolding(s) in Company
15th Mar 20197:00 amRNSStrategic partnership with Sandbox VR
6th Mar 20192:01 pmRNSTR-1:Notification of Holdings in Company
27th Feb 20196:23 pmRNSExercise of Options, PDMR Dealing & TVR
21st Feb 20193:57 pmRNSResult of AGM
21st Feb 20192:00 pmRNSAGM Statement
15th Feb 20197:00 amRNSRetirement of Non-Executive Director
5th Feb 20191:15 pmRNSHolding(s) in Company
21st Dec 20184:34 pmRNSDirector/PDMR Dealing
13th Dec 20185:02 pmRNSPosting of Accounts & Notice of AGM
7th Dec 20187:00 amRNSExercise of Options & Total Voting Rights
5th Dec 20181:24 pmRNSPDMR Shareholding, Issue of Shares & TVR
4th Dec 20181:42 pmRNSDirector/PDMR Dealing
4th Dec 20187:00 amRNSPreliminary Results
20th Nov 20189:58 amRNSHolding(s) in Company
24th Oct 20182:12 pmRNSTR-1:Notification of Holdings in Company
17th Oct 20187:00 amRNSTrading Update
23rd Aug 20184:48 pmRNSHolding(s) in Company
22nd Aug 20181:52 pmRNSHolding(s) in Company
13th Aug 20187:00 amRNSVicon launches Location-Based VR solution
21st Jun 20187:00 amRNSAppointment of Non-Executive Director
1st Jun 20187:00 amRNSHolding(s) in Company
30th May 20187:00 amRNSInterim Results
24th May 20187:00 amRNSCompletion of Disposal of Yotta Surveying
20th Apr 20189:00 amRNSNotice of Results
22nd Mar 20188:54 amRNSHolding(s) in Company
22nd Feb 20185:27 pmRNSResult of AGM
22nd Feb 20182:30 pmRNSAnnual General Meeting Statement
12th Dec 20172:51 pmRNSChange of Website & Posting of Accounts
7th Dec 20174:07 pmRNSPDMR Shareholding
6th Dec 20175:40 pmRNSPDMR Shareholding, Exercise of Options & TVR
6th Dec 201711:53 amRNSPDMR Shareholding, Issue of Shares & TVR
6th Dec 20177:00 amRNSPreliminary Results
30th Nov 20174:09 pmRNSChange of Registered Office
14th Nov 20174:00 pmRNSVicon's IMeasureU Launches IMU Step
19th Oct 20177:00 amRNSTrading Update
21st Sep 201711:49 amRNSPDMR Shareholding
20th Sep 201710:56 amRNSHolding(s) in Company
24th Aug 20174:16 pmRNSHolding(s) in Company
8th Aug 20171:30 pmRNSPDMR Dealing
2nd Aug 20179:00 amRNSVicon announces new products and partners
1st Aug 20175:08 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.