Oxford Metrics Regulatory News (OMG)

26th October 2021

Oxford Metrics plc

("Oxford Metrics", the "Company" or the "Group")

Vicon Contract Win

- Vicon secures contract with leading virtual production studio, Dimension

- Dimension Studios deploys Vicon's cutting-edge Vantage cameras and Shogun software for virtual production

Oxford Metrics plc (LSE: OMG), the international software company servicing government, life sciences, entertainment and engineering markets, is pleased to announce that Vicon, a world leader in motion measurement, has secured a new contract with Dimension Studios, a leader in volumetric content and virtual production.

Dimension Studio brings extended reality (XR), digital humans and virtual production solutions directly to brands and studios around the world and is the first Microsoft Mixed Reality Capture studio partner. Under the contract, Dimension Studio will be equipped with 56 of Vicon's Vantage cameras and Vicon's Shōgun software enabling Dimension Studio production to turn creative visions into reality by offering ground-breaking virtual production capabilities including in-camera VFX (ICVFX) and Simulcam.

Vicon's tracking, of both rigid and full body subjects, will be used alongside Dimension Studio's volumetric and real-time development capabilities by leading visual effects company DNEG for several high-profile virtual production projects - including a major motion picture and a 10-hour TV series.

Steve Jelley, Joint CEO of Dimension Studios, said: "We pride ourselves on providing our customers with the best possible virtual production experiences across virtual art and on-set services, and in particular managing and operating complex technology stacks to display high quality real-time virtual scenes on LED walls or successfully integrating solutions such as Simulcam into film production.

Our work requires the right motion capture technology. It must not only deliver the highest accuracy and performance, but also provide a diverse range of capabilities across the whole virtual production pipeline, including ICVFX and Simulcam. With extensive experience in VFX and motion capture technology, Vicon's industry-leading solutions enable us to support partners like DNEG in pushing the boundaries of entertainment and bringing their creative ideas to life." 

Nick Bolton, CEO of Oxford Metrics, said: "The demand for virtual production continues to build momentum, accelerated by the pandemic. By merging the physical and virtual worlds, virtual production enables directors and actors to see near-final quality shots on set and in real-time. This win will combine the latest in VFX motion capture and real-time volumetric content development, allowing Vicon and Dimension Studios to transform filmmaking and virtual entertainment. Filmmakers and animators can now produce content that's efficient, authentic and visually stunning. Virtual production truly is the future of film and television."

For further information please contact:

Oxford Metrics +44 (0) 1865 261860

Nick Bolton, CEO

David Deacon, CFO

Numis Securities Limited +44 (0) 20 7260 1000

Simon Willis / Hugo Rubinstein / Tejas Padalkar

FTI Consulting +44 (0) 20 3727 1000

Matt Dixon / Jamille Smith / Greg Hynes

About Oxford Metrics

Oxford Metrics develops and markets analytics software for motion measurement and infrastructure asset management to clients in over 70 countries worldwide. Our list of clients across the globe is as diverse as the markets we operate in; we help highways authorities manage and maintain their road networks, hospitals and clinicians decide therapeutic strategies and Hollywood studios create stunning visual effects. And the diversity of applications is growing all the time.

The group trades through two subsidiaries: Vicon and Yotta. Vicon is the world's leader in high precision motion measurement analysis to thousands of customers worldwide, including Guy's Hospital, EA Sports, MIT and NASA and our software is used in an ever-expanding range of applications. Yotta provides cloud-based infrastructure asset management software to central and local government agencies and other infrastructure owners. Yotta has a large number of high-profile clients including Highways England, over 160 local authorities across the UK, VicRoads in Australia and Auckland Motorway System in New Zealand.

Founded in 1984 our Group is headquartered in Oxford with offices in Leamington Spa, Gloucester, Los Angeles, Denver and Auckland. Since 2001, Oxford Metrics (LSE: OMG), has been a quoted company listed on AIM, a market operated by the London Stock Exchange.

For more information about Oxford Metrics, visit www.oxfordmetrics.com.

About Vicon

Academy Award®-winning Vicon is an innovator in motion capture and the world's largest supplier of motion measurement systems. Established in 1984, Vicon serves customers in visual effects, object tracking, virtual and augmented realities, engineering, broadcast, biomechanics, sports and clinical sciences. 

With thousands of customers world-wide, including Guy's Hospital, EA Sports, Bandai Namco, Sony, Dreamscape Immersive, MIT and NASA, the diverse applications for Vicon technology continues to grow.

More recently, Vicon has seen the demand for motion measurement going mainstream and applied to a broader range of applications than ever before with new markets including Location-based Virtual Reality and Elite Sports.

Vicon is a subsidiary of Oxford Metrics (LSE: OMG), the international software company servicing government, life sciences, entertainment and engineering markets. For more information about Vicon, visit www.vicon.com.