Oxford Metrics Regulatory News (OMG)

27 Feb 2008 16:00

OMG PLC27 February 2008 27 February 2008 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 Meetingtoday. At the meeting Anthony Simonds-Gooding, Chairman, will make the followingstatement: "The Board is pleased to announce that the Group's trading in the currentfinancial year is performing in line with expectations, with all parts of thebusiness progressing well. "Yotta DCL, the division which provides geospatial services and software forhighway asset management, mapping and street level imaging, is seeing assetcollection gaining momentum as the year progresses. The attractiveness of ourenhanced 3D offer is also evident from repeat orders we are now seeing fromcustomers who have tried and rated our technology. Since the beginning of theperiod, the Yotta DCL team have signed several new deals, and are active in anumber of trials. "2d3 AIG, the defence offering, is also developing well and recently won a majorextension of one of its research contracts with UK Ministry of Defence. Theproject covers the development of new methods for the automatic processing ofmoving images from unmanned aerial vehicles (UAVs). This forms part of a largerMoD-funded project, which brings together novel technologies from UK companiesfor future UAVs. From a standing start 18 months ago, 2d3 AIG has established asignificant presence in an area of rapid growth in the UK defence market, withthree contract wins and a greater number of short-term prospects in both the UKand the US. "Vicon continues to perform well in all markets. It is celebrating itscustomers' involvement in the making of The Golden Compass, which won the Oscarfor Best Visual Effects at the 2008 Academy Awards, in addition to a BAFTA awardthis year for Special Visual Effects at the Orange British Academy Film Awards." -ends- OMG plc 01865 261800Nick Bolton, Chief ExecutivePeter Wharton, Finance Director Financial Dynamics 020 7831 3113Juliet Clarke / Matt Dixon Evolution Securities (NOMAD) 020 7071 4300Jeremy Ellis About OMG OMG plc (Oxford Metrics Group. LSE: OMG) is a group of technology companiesproducing image understanding products and services for the entertainment,defence, life science and engineering industries. Be it for capturing themovements of actors (for the movie industry), sportsmen (for video games orimproving team performance), children with Cerebral Palsy, rehab patients andanimals (for medical, life science and research industries) or virtual realitydisplays (for engineering and development), the Group has the world leadingmarket position and a strong international reputation for precision instruments. Founded in 1984, the Group's headquarters are in Oxford, UK, and it has officesin California 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 Yotta, our 3D mapping business, which collects and analyseshighway data and street level imaging and which, following the acquisition ofDCL in July 2007, offers the most accurate and complete highway surveyavailable. Oxford Metrics' global clients in science, medicine, sport, engineering, gaming,film, broadcast and 3D mapping include major hospitals and research facilitiessuch as Guy's Hospital, Nuffield Orthopaedic Centre and Loughborough University,engineering industry leaders including Ford Motor Company, BMW, Airbus andToyota, and in the entertainment sector, Sony, Industrial Light and Magic, TheMoving Picture Company (MPC), Sega, Nintendo, UbiSoft, EA, Square Enix and in 3Dmapping 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 This information is provided by RNS The company news service from the London Stock Exchange