Trading Update
OMG PLC
22 April 2008
22 April 2008
OMG plc
Trading Update
OMG plc, (LSE: OMG), ('OMG' or 'the Group') the technology group providing image
understanding products for the entertainment, defence, life science and
engineering industries, provides the following trading update for the six months
ended 31 March 2008.
Trading in the first half of the year has been strong and we continue to see
healthy demand for our services and technology across all of our markets. As a
result, we expect to report Interim results in line with management
expectations.
Nick Bolton, Chief Executive Officer of OMG, commented:
'The Group has continued to perform well, delivering healthy revenue growth over
the same period last year. We continue to invest in Yotta, our street level
imaging and highway data collection division and in our 2d3 Advanced Imaging
Group. Both divisions have made excellent progress and we believe offer
significant future potential. I look forward to updating the market more fully
at our interim results announcement in June.'
OMG will report Interim results for the six months ended 31 March 2008 on
17 June 2008.
For further information please contact:
OMG plc 01865 261800
Nick Bolton, Chief Executive
Peter Wharton, Finance Director
Financial Dynamics 020 7831 3113
Juliet Clarke / Matt Dixon
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 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
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This information is provided by RNS
The company news service from the London Stock Exchange