OMG PLC
02 February 2007
2 February 2007
OMG plc
Contract Win
Another contract win for Geospatial Vision
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 the signing of a
second contract within its Geospatial Vision division.
Geospatial Vision was established as part of OMG's strategy of expansion through
leveraging existing technology in new vertical markets and focuses on
street-level geospatial imagery, providing new technologies for the management
and maintenance of key national infrastructures.
This agreement, again with a local authority, is the second asset survey
contract to be signed by the division. Under this agreement, OMG will be using
its vehicle to complete an in-depth highway survey. This will involve capturing
street-level video and automatically extracting asset data relating to road
markings and signs.
Nick Bolton, Chief Executive of OMG plc, commented,
'We are delighted to announce our second asset survey contract within this
exciting, recently established division. This is another strong endorsement of
our strategy of applying high technology intellectual property to vertical
markets with good growth prospects. The response to the pilot studies continues
to be very encouraging.'
-ends-
OMG plc 01865 261800
Nick Bolton, Chief Executive
Peter Wharton, Finance Director
Financial Dynamics 020 7831 3113
Juliet Clarke / Hannah Sloane
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.