OMG's Yotta Combined Contract Win

RNS Number : 7581F

OMG PLC

30 April 2014

 



30 April 2014

OMG plc

("OMG" or the "Group")

Contract Win

- Telford and Wrekin Council select Yotta for software, surveying and professional services contract -

- Combined win for Yotta's expanded software offering of both Horizons and Mayrise Street Works -

OMG plc, (AIM:OMG), the technology group providing image understanding products for the entertainment, defence, life science and engineering industries, is pleased to announce a contract win with Telford and Wrekin Council ("the Council") which includes surveys, professional services and software from Yotta's expanded offering, following the Group's acquisition of Mayrise Ltd in July 2013.

Yotta, OMG's infrastructure asset management technology arm, has been selected by the Council to supply Horizons, visualised asset management software, Mayrise Street Works software, professional services and undertake a number of surveys across the Council's road network.

The combined win will contribute approximately £200,000 to Group revenue over the life of the contract, with the software and professional services contracts running over a three year period and the survey work to be completed over one year.

Horizons has already begun to help the Council re-engineer its approach to highway asset management providing extensive access to essential highway data, which decision makers can use to better plan forward maintenance. Once calibrated to the Council's network, Horizons will help to develop treatment strategies, life cycle planning and understand the total cost of the road network over its lifetime. The Council also plans to use Horizons to develop a forward works programme to improve the delivery of highway maintenance.

Alongside Horizons, Yotta's Mayrise Street Works software will enable the Council to monitor its street works register, coordinate works on the highways and issue Fixed Penalty Notices to street works which overrun.

Yotta will also undertake SCANNER, Asset Inventory Collection, Skid Resistance, CVI and FNS surveys across the Council's road network, providing robust data to make informed maintenance decisions.

Lee Barnard, Network Management Interim Group Manager at Telford and Wrekin Council said:

"Following demonstrations from a number of suppliers we chose Mayrise Street Works as it was the most user friendly solution and came with good references from other users. The added bonus was that our Capital Programme Team has recently implemented Yotta's Horizons so in choosing the Mayrise system, this allows us to align our Street Works data and services with the asset management solution."

Commenting on today's announcement Nick Bolton, Chief Executive of OMG plc, said:

"I am very pleased to be announcing this combined win for Yotta and Mayrise solutions. At the time of the acquisition, we highlighted the clear strategic fit Mayrise has within Yotta and this contract highlights just how well the two fit together. Our offering is stronger and broader with Mayrise and the combination can expand our relationships with our clients. We look forward to working with the team at Telford and Wrekin Council."

For further information please contact:

OMG plc	[phone]
Nick Bolton, CEO
David Deacon, CFO
FTI Consulting	[phone]
Matt Dixon / Emma Appleton / Charles Palmer / Jessica Liebmann
N+1 Singer (NOMAD to OMG)	[phone]
Shaun Dobson / Jen Boorer

Notes to Editors

About OMG plc

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.

The Group's technology is used to capture 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). The technology is also used for the management of infrastructure assets or even for providing image intelligence and situational awareness from drone aircraft. Through this diverse offering the Group has earned its strong international reputation for precision from pixels.

Founded in 1984, the Group is headquartered in Oxford, UK, and has four offices in the US and two in the UK. 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 four operating subsidiaries:  Vicon, the world's largest motion capture and movement analysis company, 2d3, a manufacturer of specialised image understanding software for defence applications, Yotta, a provider of software and services for infrastructure asset management and OMG Life, a new consumer subsidiary.

The Group's global clients spanning the worlds of 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 and Toyota, and in the entertainment sector; Sony, Industrial Light and Magic, Sega, Nintendo, UbiSoft, EA and Square Enix. In infrastructure asset management, clients include Highways Agency, East Sussex, Kent, Lancashire, Transport for London, UK Power Network, Cheshire East and West as well as many others.

For more information about OMG, visit www.omgplc.com.

About Yotta

Yotta is a provider of software and services that help customers transform how they manage their infrastructure assets.

Innovation is at the heart of the Yotta approach; whether in the development of more efficient or more accurate surveying techniques or in the development of software that helps make the intangible tangible. The Yotta Horizons and Yotta Mayrise platforms, used by the majority of local authorities, national agencies and forward thinking utility companies, lie at the heart of Yotta's ethos - helping organisations use asset data to inform better operational and strategic decisions.

While Yotta was set up in 2006, the combined experience in the management of infrastructure assets stretches back more than 30 years; helping customers in highways, street lighting, street works, waste and utilities.

Yotta is part of OMG plc; a successful global technology company listed on the London Stock Exchange.

For more information about Yotta, visit www.yotta.co.uk

About Horizons

Horizons is a visualised Software-as-a-Service ("SaaS") asset management platform designed to make it easier for asset managers to visualise, manage and optimise all their asset management strategies and records in a unique and effective way using a single cloud-based solution. Since launching to market in 2012 Horizons has experienced significant growth in sales in the UK and with customers including the UK Highways Agency, the London Borough of Richmond and Lancashire County Council, to name just a few. Yotta has recently launched Horizons in the US.

About Mayrise Street Works software

Mayrise Street Works software is a complete solution for managing street work notices for both street and highways authorities and statutory undertakers. Handling the Street Works Register, National Street Gazetteer, inspections management and defect reporting, the system eliminates paperwork, ensures best practice and provides up to date information on the status of all works. Mayrise Street Works also offers full compliance with the revised EToN 6 specification.

Mayrise Street Works is available online and is powered by the fastest managed hosting service from one of the UK's leading hosting and colocation providers who supply dedicated server hosting, critical application hosting and cloud hosting solutions. Mayrise Online also includes expert technicians who monitor the system around the clock ensuring data security and system performance. Existing users of Mayrise Online from Yotta include Northumberland County Council, the London Borough of Sutton, Balfour Beatty Living Places, UK Power Networks and Powys County Council.

 

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