Oxford Metrics Regulatory News (OMG)

23 Feb 2005 16:00

OMG PLC23 February 2005 OMG plc ("OMG" or "the Company") Trading Update OMG, the global leader in the three-dimensional capture and analysis ofmovement, providing tools and services for life sciences, entertainment andengineering applications, will make the following statement at the AnnualGeneral Meeting to be held today: "News of OMG's recent acquisition of Peak Performance Technologies, Inc. (9February 2005) has been very well received by customers, global sales channelsand staff alike. This positive reception increases our confidence that theacquisition will benefit the group. Historically, OMG trading in the first few months of the year has not been areliable indicator of trends or annual outcome. In the current year, largevariations in trading in markets around the world suggest that this is again thecase. Europe and UK have made a strong start with sustained and growing interestin the new product releases. Far Eastern markets have started the year moreslowly, but there is evidence that last year's recovery in the importantJapanese market may be exceeded. However in the US, our largest market, trading has made a slow start after therecord-breaking finish to last year. The sales prospect list is strong butperformance for the half and full year will depend critically on the timing of anumber of major contracts on a similar or larger scale to those of the past twoyears." For further information please contact:Tom Carroll/Tim Thompson, Buchanan Communications. Tel: 020 7466 5000Julian Morris, Chief Executive, julian.morris@omg3d.com. Tel: 01865 261800Peter Wharton, Finance Director, peter.wharton@omg3d.com. Tel: 01865 261800 23 February 2005 About OMGOMG plc (LSE: OMG) is a global leader in the three-dimensional capture andanalysis of movement, providing tools and services for life science,entertainment and engineering applications. Based in Oxford UK, California USAand Colorado USA, OMG has customers in over 35 countries and is listed on theLondon Stock Exchange. The group trades through a number of operatingsubsidiaries in the name of Vicon Motion Systems, Peak Performance, 2d3 andHouse of Moves in the UK and USA, and through a network of distributors in othermajor countries. Vicon Motion Systems and Peak Performance provide professionals with the latesttools to capture accurately three-dimensional human motion for research,medicine, sport, engineering, game development, broadcast and film. 2d3 producesinnovative visual geometry software deriving 3D data from moving images. Houseof Moves is the world's most experienced motion capture service studio,producing high quality motion capture data for entertainment productioncompanies For more information about OMG, or its subsidiaries, visit www.omg3d.com,www.vicon.com, www.peakperform.com, www.2d3.com or www.moves.com. This information is provided by RNS The company news service from the London Stock Exchange