Oxford Metrics Regulatory News (OMG)

16 Feb 2007 16:00

OMG PLC16 February 2007 16 February 2007 OMG plc AGM Statement OMG plc, Oxford Metrics Group (LSE: OMG), ("OMG" or "the Group") the technologygroup providing image understanding products for the entertainment, defence,life science and engineering industries, will hold its Annual General Meeting(AGM) today. At the meeting Anthony Simonds-Gooding, Chairman, will make the followingstatement: "The past year has been a period of both exciting growth and significant changefor the Group, as outlined in our last set of results. "The Group is now witnessing the first fruits of its shift in strategy - whilstcontinuing to strengthen our core business, our aim has been to establish newmarkets where we can capitalise on our existing technology base to achieveconsistent and exciting long term growth. "To this end, we have established new business lines firstly in imagingtechnology for the burgeoning Unmanned Aerial Systems market. Our appeal in thismarket continues to grow as we demonstrate our unique technological capabilitiesand engage in an increasing number of sales campaigns in both the US and UKmarkets. "Secondly, during the past 12 months we have created a new business instreet-level imaging, through our Geospatial Vision subsidiary, undertakingasset surveys for highways operators and acquiring a mass of 3D mappinginformation. This business goes from strength to strength reflected in the twocontracts previously announced in this financial year. "Trading in the rest of the business remains in line with expectations. From ashareholder's perspective, all this means OMG offers an intriguing spread ofattributes, ranging from proven performance to bold new entrepreneurial venturesand growth opportunities." -ends- OMG plc 01865 261800Nick Bolton, Chief ExecutivePeter Wharton, Finance Director Financial Dynamics 020 7831 3113Juliet Clarke / Hannah Sloane About OMG OMG plc (Oxford Metrics Group. LSE: OMG) is a group of technology companiesproducing image understanding solutions for the entertainment, defence, lifescience and engineering industries. Be it for capturing the movements of actors(for the movie industry), sportsmen (for video games or improving teamperformance), children with Cerebral Palsy, rehab patients and animals (formedical, life science and research industries) or virtual reality displays (forengineering and development), the Group has the world leading market positionand a strong international reputation for precision instruments. Founded in 1984, the Group's headquarters are in Oxford, UK, and has offices inCalifornia and Colorado, USA. It has customers in over 50 countries and is aquoted company listed on AIM, a market operated by the London Stock Exchange.The Group trades through three operating subsidiaries - Vicon, the world'sbiggest motion capture and movement analysis company, 2d3, a manufacturer ofspecialised image understanding software for entertainment and defenceapplications and Geospatial Vision, our 3D mapping business. Oxford Metrics' global clients in science, medicine, sport, engineering, gaming,film and broadcast include major hospitals and research facilities such as Guy'sHospital, Nuffield Orthopaedic Centre and Loughborough University, engineeringindustry leaders including Ford Motor Company, BMW, Airbus, Caterpillar, andToyota, and in the entertainment sector, Sony, Industrial Light and Magic, TheMoving Picture Company (MPC), Sega, Nintendo, UbiSoft, EA, Square Enix and manyothers. For more information about OMG and its subsidiaries, visit www.omg3d.com,www.vicon.com, www.2d3.com or www.geospatialvision.com. This information is provided by RNS The company news service from the London Stock Exchange