Yotta Contract Win

RNS Number : 0161A

OMG PLC

24 September 2015

 

24 September 2015

OMG plc

("OMG" or the "Group")

Yotta Contract Win

-       Yotta expands reach into Australia with first installation outside Europe   -

-       Yotta Australia secures five year contract  -

OMG plc (AIM:OMG) the technology group providing image understanding products for the entertainment, life science, engineering and consumer electronics markets, is pleased to announce that following the expansion of its infrastructure management arm, Yotta, into Europe earlier this year, Yotta has now extended use of its software outside Europe, securing its first installation in Australia for Horizons, the visualised asset management software.

Yotta Australia, the authorised distributor of Horizons software for Australia and New Zealand, has signed a five year software and service agreement which will see Horizons being used to support two large-scale Maintenance Alliance Contracts encompassing over 8000km of arterial road network for VicRoads, the road and traffic authority in the state of Victoria.

Yotta Australia worked in partnership with Fulton Hogan, who successfully bid for the VicRoads tenders. Fulton Hogan, a specialist with more than eighty years' experience in the transport infrastructure sector, will use Horizons to deliver a complete range of maintenance services across the highways realm for an initial period of five years, with a possible extension of an additional five years.

Glenn Johnston, National Manager, Infrastructure Services at Fulton Hogan, commented: 

"The inclusion of Horizons within our bid was a key selling point and differentiator. With support from Yotta Australia we were able to communicate our proposals clearly and precisely and demonstrate how we would use the software to strategically plan works making use of all available data to deliver better outcomes for the road network and the greater community."

Commenting on the contract win, Nick Bolton, CEO of OMG said:

"I am absolutely delighted; our Horizons software is continuing its march into new international markets and verticals. Our software is proving to be a key differentiator when our partners are pitching for contracts and this represents an important moment for Yotta Australia. Yotta's distribution model is proving to be effective and we are delivering on our stated international ambitions.

"We have worked hard to build solid relationships evidenced by over 50 local authorities in the UK using our Horizons software and we look forward to continuing to develop our relationships in the Australian region and helping our customers take advantage of Horizons' capabilities."

For further information please contact:

OMG plc	[phone]
Nick Bolton, CEO
David Deacon, CFO
FTI Consulting	[phone]
Matt Dixon / Emma Appleton / Charles Palmer / Harry Staight
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, life science, engineering industries and consumer electronics markets.

The Group's technology is used globally to capture the movements of actors (for the movie industry), sportsmen and women (for video games or improving team performance), and children with cerebral palsy, rehab patients and animals (for medical, life science and research industries). The technology is also used for the management of pavement and street furniture. Through this diverse offering the Group has earned its strong international reputation for precision from pixels and its unique expertise in imaging technology.

Founded in 1984, the Group is headquartered in Oxford, UK, and has two offices in the US and four 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 three subsidiaries: Vicon, the world's largest motion capture and movement analysis company, Yotta, a provider of software and services for infrastructure asset management and OMG Life, our IP licensing business, which is focused on unlocking latent value in OMG's IP.

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, Headley Court and Loughborough University, engineering industry leaders including: Ford Motor Company, BMW, Toyota and European Space Agency and in the entertainment sector; The Imaginarium, Sony, Industrial Light and Magic, Sega, Nintendo, UbiSoft, EA and Square Enix. In infrastructure asset management, clients include Highways England, East Sussex, Kent, Lancashire, Transport for London, UK Power Network, Cheshire East and West as well as many others.

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 Yotta Australia

Yotta Australia is the Authorised Reseller of Yotta's Asset Management software in the Australia and New Zealand region. Working with Local and State councils and the engineering contractors Yotta Australia provides a complete range of software and consultancy services to help infrastructure owners develop cost effective maintenance programmes and make best use of existing datasets.

Yotta Australia is owned by the Lunn family trust with over 25 years' experience in the Australian roads market with brands such as A1 Highways and ProCiv, each being respected organisations within the specialist maintenance contractor market.

To find our more, please visit: www.yotta.net.au

About Fulton Hogan

Fulton Hogan specialises in building and maintaining transport and civil infrastructure so that communities can operate safely and efficiently.

Experience in civil construction, asphalt surfacing and long term asset maintenance allows Fulton Hogan to bring together specialist capabilities so that, under one roof, they can offer insightful solutions to meet specific needs.

Drawing on an 80 year history of building relationships Fulton Hogan perform to promised levels in order to give confidence in behaviour and outcomes. Services include a full range of civil infrastructure, civil construction and road maintenance solutions.

To find out more, please visit: www.fultonhogan.com

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