Oxford Metrics Regulatory News (OMG)

21 Jul 2008 07:00



21 July 2008

OMG plc

("OMG" or "the Group")

Contract Win

OMG Springboard secures US contract with GE Global Research

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 OMG Springboard, the Group's recently launched professional services arm has secured a contract with GE Global Research in the United States.

GE Global Research ("GE"), one of the world's most diversified industrial research labs which provides innovative technology to all of GE's businesses, has engaged OMG Springboard on a project to provide a range of vision science services. This project is valued at $120,000 and will span a period of 5 months.

OMG Springboard was established in April 2008 to provide vision science services to organisations outside OMG's current markets. OMG Springboard leverages the experience and knowledge of technologists from across all parts of the OMG Group, providing clients with access to the whole OMG intellectual property base.

Commenting on the contract Nick Bolton, Chief Executive Officer of OMG plc, said:

"This is an important win for OMG and a fine example of how OMG Springboard can bring our technology to bear in new ways. Today's announcement builds on the success we have already seen here in the UK and further demonstrates how Springboard hopes to add value to our Group. I am confident that we will continue to capitalse on these opportunities as the division grows."

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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 Mobile Video Services, Inc. in April 2008 is a leading US provider of data collection services for the assessment of property taxation. 

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

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