Contract Win

OMG PLC 18 December 2007 18 December 2007 OMG plc Contract win 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 that it has been awarded a large-scale integrating project ('IP') by the EU. This is a contract under the EU's Seventh Framework Programme for Research and Technological Development, in the call for Cognitive Systems, Interaction and Robotics. OMG is part of a consortium working on dextrous robotic manipulation. OMG's role will be primarily in acquiring accurate hand motion data for transfer to robot hands performing complex manipulation tasks. The project is a 4 year project and OMG has been awarded a budget of €491,000 (£350,000). The project is expected to start in February 2008. This is the second EU IP win for OMG. The first one started in October 2006 and will last for 5 years with a budget of €305,000 (£218,000). The main goal of this IP is to improve ways of transferring skills in medicine, rehabilitation, robot programming by demonstration and sport, with OMG developing new motion capture technologies as part of the project. Both projects are being carried out by the Vicon research unit in Oxford. Nick Bolton, CEO of OMG plc, noted, 'These grant-aided projects provide an excellent opportunity for Vicon to engage in medium term research and development, with a view to new product development, with the high profile support of the EU.' Exchange rate is £1: €1.398 -ends- Contacts OMG plc 01865 261800 Nick Bolton, Chief Executive Peter Wharton, Finance Director Financial Dynamics 020 7831 3113 Juliet Clarke / Hannah Sloane Evolution Securities 020 7071 4300 Jeremy Ellis About Seventh Framework Programme The Seventh Framework Programme for research and technological development (FP7) is the European Union's main instrument for funding research in Europe. FP7, which applies to the years 2007-2013, is the natural successor to the Sixth Framework Programme (FP6), and is the result of years of consultation with the scientific community, research and policy making institutions, and other interested parties. Since their launch in 1984, the Framework Programmes have played a lead role in multidisciplinary research and cooperative activities in Europe and beyond. FP7 continues that task, and is both larger and more comprehensive than earlier Framework Programmes. Running from 2007 to 2013, the programme has a budget of 53.2 billion euros over its seven-year lifespan, the largest funding allocation yet for such programmes. http://ec.europa.eu/research/fp7/pdf/fp7-brochure_en.pdf 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 DCL in July 2007, offers the most accurate and complete highway survey available. 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 This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings