Oxford Metrics Regulatory News (OMG)

12 Mar 2008 07:00

OMG PLC12 March 2008 12 March 2008 OMG plc ("OMG" or "the Group") Yotta DCL wins further contracts with UK Highways Agency OMG plc, Oxford Metrics Group (LSE: OMG), the technology group providing imageunderstanding products for the entertainment, defence, life science andengineering industries, is pleased to announce that its 3D mapping division,Yotta DCL, has signed two further contracts with leading suppliers to the UKHighways Agency. These contracts not only broaden the Company's reach in thisimportant market, but also extend and endorse the Company's service offering inthe space. The integrated highway services company A-one has awarded a contract valued at£120,000 to Yotta DCL for a 350km network length survey of the Highways AgencyArea 14. The survey will use Yotta DCL's groundbreaking Nano technology withhigh-resolution 360-degree photography for precision mapping of the highwayinventory in Area 14 which covers Northumberland, Tyne & Wear and Durham. Thesurvey will collate details of highway assets in that Area including signs, roadmarkings, lampposts and safety barriers. Yotta DCL will provide A-one with a pixel-by-pixel accurate picture of existinginventory to compare with data held on the Highways Agency's computer system.The additional benefits for A-one of Yotta DCL's unique digital asset collectionsurvey are speed, safety, lack of disruption to road users and lower cost. This survey award follows the contract won by Yotta DCL in December 2007 tosupply A-one's sister company, A-one+, with a similar survey of Highways AgencyArea 10. As part of this engagement, Yotta DCL staff and technology are alreadysurveying over 530km of road network in England's North West. Today, OMG ispleased to announce that A-one+ has elected to take a new, further service fromYotta DCL valued at £170,000 to process the video data captured during thecourse of that Area 10 survey. Nick Bolton, Chief Executive Officer of OMG plc, commented: "I am very pleased to announce news of these two awards in a strategicallyimportant area for our business. The combined technology of Yotta DCL isideally suited to this type of work. Today's announcement is a furtherendorsement of our capability which encompasses not only the capture of valuabledata, but also the processing and understanding of that data: something which webelieve can be of great value to our clients in this and other key markets." Contacts OMG plc 01865 261800Nick Bolton, Chief ExecutivePeter Wharton, Finance Director Financial Dynamics 020 7831 3113Juliet Clarke / Matt Dixon Evolution Securities 020 7071 4300Jeremy Ellis Notes to Editors About A-One A-one is a fully integrated highway services joint venture company whichcombines the expertise of two leading performers in the market; Halcrow GroupLtd and Colas Ltd. Located in the North East of England it comprises some 300kmof the Highways Agency network and over 450 structures, throughoutNorthumberland, Tyne & Wear, North Yorkshire and Durham. As Managing AgentContractor for Area 14, A-one is responsible for the day to day operationalmanagement and maintenance of the motorway and trunk road network. 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 -Ends- This information is provided by RNS The company news service from the London Stock Exchange