OMG PLC
10 July 2003
10 July 2003
OMG PLC
2D3 ANNOUNCES DEAL WITH ADOBE
OMG plc ('OMG'), the group that delivers products based upon 3-dimensional
information contained in 'the moving image' to the entertainment, medical,
scientific and engineering industries, today announces a licensing and marketing
agreement between its subsidiary 2d3 Ltd ('2d3') and Adobe Systems Inc ('Adobe')
of San Jose, California.
Adobe(R) this week announced a major new release of its market-leading video
editing software product, Premiere(R). Premiere Pro, aimed at amateurs and
professionals in the fast-growing DV market, is to include 2d3's SteadyMove
technology for automatic stabilization of jerky and unsteady video shots,
particularly from hand-held DV cameras.
Commenting on the agreement, Julian Morris, Chief Executive of OMG plc, said:
'This agreement is the first of its kind for both companies. On the one hand,
2d3's technology is licensed to Adobe and enhances their product. On the other,
Premiere Pro links 2d3 directly to Adobe's hundreds of thousands of Premiere
users, providing them with instant access to more specialized versions of the
software sold directly through 2d3's website.
'SteadyMove is OMG's first product for consumer markets and the partnership with
Adobe confirms the strength of our technologies across the entire spectrum of
the visual effects industry.'
At the launch of Premiere Pro, Richard Townhill, Group Manager at Adobe, said:
'With the addition of 2d3's SteadyMove, Adobe Premiere Pro users will receive an
effective, user-friendly solution to deal with one of the most common problems
plaguing videographers - shaky camera moves.
'Adobe Premiere Pro offers sophisticated desktop editing functionality to
digital video professionals and we anticipate our users will quickly embrace the
power of SteadyMove.'
For further information please contact:
Julian Morris, Chief Executive
OMG plc Tel: 01865 261 800
Tim Thompson/Bobbie Swanson
Buchanan Communications Tel: 020 7466 5000
Notes to Editors
About OMG:
OMG plc is the parent company of wholly-owned subsidiaries 2d3 and Vicon Motion
Systems, developers of the world's most advanced motion capture systems. OMG plc
is listed on the Alternative Investment Market ('AIM') of the London Stock
Exchange.
About 2d3:
2d3 brings science to the aid of animators and designers in film and television
effects, games development, architectural visualization and industrial design.
Products innovated by the Emmy Award(R)-winning company include boujou (boo-zhoo),
the industry's first fully automated camera calibration and tracking system.
2d3's worldwide customers include DreamWorks, JAK/Lucasfilm, Sony Pictures
Imagesworks, Rhythm & Hues, Cinesite Europe, Jim Henson's Creature Shop and
Aardman Animations, among many others. For more information, please visit
www.2d3.com.
About Adobe:
Adobe is one of the world's largest PC software companies, with annual revenues
exceeding US$1.2 billion. The company employs approximately 3,400 people
worldwide and has its headquarters in San Jose, California. Since 1986, Adobe
has been publicly traded on the Nasdaq National Market under the symbol ADBE.
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.