Last checked at 3 Sep 2008 07:00
3 September 2008
OMG plc
("OMG" or "the Group")
Contract Win
2d3 AIG secures landmark contract with US Government Agency
OMG plc, Oxford Metrics Group (LSE: OMG), the technology group providing image understanding products for the entertainment, defence, life science and engineering industries, is pleased to announce that the US arm of 2d3 AIG ("2d3"), the Group's defence business, has secured a second contract win in the United States.
The Defense Threat Reduction Agency (DTRA) has engaged 2d3 to develop a "Proof of Concept" software application to allow users to recreate three-dimensional (3-D) maps of terrain and permit the measurement of objects as viewed from an Unmanned Aerial Vehicle's (UAV) camera. The contract to provide this "Proof of Concept" is valued at approximately US$300,000 and is expected to run for a period of four months.
Today's announcement builds on the early success already enjoyed by 2d3 in the UK defence market where, in July and August 2007, the division succeeded in winning its first engagements with the UK Ministry of Defence.
Nick Bolton, Chief Executive Officer of OMG plc, added:
"This is a landmark contract for our 2d3 colleagues in the US. Not only does this represent a significant endorsement of our technology and capability in the defence space, but it also vindicates our decision to establish our 2d3 US office back in June last year. I am particularly proud to be working with as prestigious an organisation as the DTRA, which is at the forefront of threat detection and deterrence. I hope that the delivery of a successful proof of concept here paves the way for further engagements for OMG in this key marketplace."
Contacts
| OMG plc | 01865 261800 |
| Nick Bolton, CEO David Deacon, CFO | |
| Financial Dynamics | 020 7831 3113 |
| Juliet Clarke / Matt Dixon | |
| Evolution Securities | 020 7071 4300 |
| Jeremy Ellis |
Notes to Editors
About the Defense Threat Reduction Agency (DTRA)
The Defense Threat Reduction Agency safeguards America and its allies from Weapons of Mass Destruction (chemical, biological, radiological, nuclear, and high explosives) by providing capabilities to reduce, eliminate, and counter the threat, and mitigate its effects.
For further information on DTRA visit www.dtra.mil
About OMG
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. Be it for capturing 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) or virtual reality displays (for engineering and development), the Group has the world leading market position and a strong international reputation for precision instruments.
Founded in 1984, the Group's headquarters are in Oxford, UK, and it has offices in California and Colorado, USA. 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 three operating subsidiaries - Vicon, the world's biggest motion capture and movement analysis company, 2d3, a manufacturer of specialised image understanding software for entertainment and defence applications and Yotta, our 3D mapping business, which collects and analyses highway data and street level imaging and which, following the acquisition of DCL in July 2007, offers the most accurate and complete highway survey available.
Oxford Metrics' global clients in science, medicine, sport, engineering, gaming, film, broadcast and 3D mapping 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, The Moving Picture Company (MPC), Sega, Nintendo, UbiSoft, EA, Square Enix and in 3D mapping and highway surveys: Mouchel Parkman, Atkins, and Oxfordshire, Cumbria, Derbyshire and Pembrokeshire County Councils as well as many others.
For more information about OMG and its subsidiaries, visit www.omg3d.com, www.vicon.com, www.2d3.com or www.yotta.tv
-Ends-