Oxford Metrics Regulatory News (OMG)

2 Dec 2005 07:01

OMG PLC02 December 2005 OMG plc ("OMG" or "the Group") Contract for 3D image processing software development secured with QinetiQ OMG, the leading supplier of motion capture and visual geometry systems for lifesciences, entertainment and engineering applications, is pleased to announcethat it has entered into a contract for software development with QinetiQ, oneof the world's leading Defence and Security Technology companies. The project is aimed at developing advanced image processing technology forrecovering 3D information from airborne video imagery. The software developmentcontract will initially be for a period of one year and supports part of alarger QinetiQ led project to provide the Ministry of Defence with technologiesand techniques to improve capability against complex targets. Nick Bolton, OMG's Chief Executive commented: "I am very pleased to be working with such a leading company as QinetiQ. Whilethis initial contract will not have a significant financial impact on OMG, itwill help to extend the Group's visual geometry and 3D video capture capabilityand has the potential for further opportunities which require 3D modelreconstruction from video data capture in the defence, security and commercialsectors". 2 December 2005 This information is provided by RNS The company news service from the London Stock Exchange