Contract Win
OMG PLC
31 July 2007
31 July 2007
OMG plc
Contract Win
Contract win for 2d3 with UK Ministry of Defence
OMG plc, Oxford Metrics Group (LSE: OMG), ('OMG' or 'the Group') the technology
group providing image understanding products for the entertainment, defence,
life science and engineering industries, is pleased to announce it has signed a
contract with the UK Ministry of Defence (MoD).
The contract is within its 2d3 division, which develops advanced image
processing software for defence and visual effects. 2d3's technology will be
assessed for its utility in the monitoring of video processed on board, or
relayed from, unmanned aerial vehicles (UAVs) - in particular for automatically
recognising and locating specified targets such as vehicles moving on the
ground. The software also has the potential to be used to monitor given
locations and to issue alerts whenever there is activity, such as people
entering or leaving a building.
To date 2d3's automatic camera tracking software has been used primarily by the
movie industry. In 2005 OMG decided to apply its technology to Unmanned Aerial
Vehicles and in December 2005 the Group announced an initial project with
QinetiQ to recover 3D information from airborne video imagery which was
completed in September 2006. OMG exhibited its capabilities for the first time
at the Farnborough Air Show 2006 and again at the Association for Unmanned
Vehicle System International (AUVSI) show in Florida in August 2006. It has
further invested in this area during the first half of this current financial
year.
Nick Bolton, chief executive of OMG plc, commented,
'We are delighted to announce this latest contract win within 2d3. Securing a
contract with the MoD is a terrific endorsement of our work and expertise. This
announcement clearly displays our commitment to success in the defence sector,
based on our 25 years of experience in motion capture and analysis.'
-ends-
OMG plc 01865 261800
Nick Bolton, Chief Executive / Peter Wharton, Finance Director
Financial Dynamics 020 7831 3113
Juliet Clarke / Hannah Sloane
Evolution Securities (NOMAD to OMG) 020 7071 4308
Jeremy Ellis
About OMG
OMG plc (Oxford Metrics Group. LSE: OMG) is a group of technology companies
producing image understanding solutions 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.
Oxford Metrics' global clients in science, medicine, sport, engineering, gaming,
film and broadcast 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, Caterpillar, and
Toyota, and in the entertainment sector, Sony, Industrial Light and Magic, The
Moving Picture Company (MPC), Sega, Nintendo, UbiSoft, EA, Square Enix and 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