Yotta Software Contract Win

RNS Number : 5593N

OMG PLC

19 May 2015

 

19 May 2015

OMG plc

("OMG" or the "Group")

Yotta Software Contract Win

- Yotta expands its reach into Europe -

- First installation outside UK established in the Netherlands -

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 its infrastructure management arm, Yotta, has expanded use of its software outside the UK, securing its first European installation in the Netherlands for Horizons, the visualised asset management software.

Under the terms of the contract, Yotta will work closely with Wegdekmeten, its newly appointed distributor in the Netherlands and Wegdekmeten's client, De Jong Zuurmond, a Dutch infrastructure services company who will roll out Horizons across a number of projects. These include maintenance of the fourth largest sea port in the Netherlands and contracts with Rijkswaterstaat, an executive of the Ministry of Infrastructure and Environment.

The Horizons software is a visual and user-friendly asset management system, which will be used by Wegdekmeten to collate and present detailed highway asset information, helping to inform planning of maintenance works and condition reporting across the Netherlands.

Fred Mekken, Owner, at Wegdekmeten commented: "We collect data for all types of infrastructure assets on behalf of a range of clients including contractors, such as De Jong, and owners including government organisations. Working with Horizons we can help them turn this data into information that can be easily understood, shared and used to enhance decision making across a diverse set of applications."

Gerrit Zuurmond, CEO, De Jong Zuurmond added: "The environments in which we operate are complex and challenging and our clients expect up to date, detailed and accurate reports on the services we provide and the condition of their assets. Working with Wegdekmeten, we can collect this level of data and now, using Horizons, we can interrogate and analyse the data to improve decision making and planning, and present the results in an easy to understand way."

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

"I'm delighted that we have secured this contract which marks the first order and application of Horizons outside of the UK. This represents a major milestone for Horizons which has been gathering momentum since its launch in 2011. It's gratifying to see the benefits have been recognised by such experts in Dutch infrastructure asset management. We are looking forward to developing our relationship with the team at Wegdekmeten and helping them and their clients make the most of Horizons capabilities.

We already have a well-defined development path to expand Horizons further into Europe based on our initial partnerships with Wegdekmeten and De Jong, and we are also looking to explore other international opportunities."

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 Wegdekmeten

Wegdekmeten is a specialist surveying and inspection company. Working with contractors and road authorities across the Netherlands Wegdekmeten collect and analyse infrastructure asset data in order to provide detailed condition reports, financial projections and informed maintenance programmes.

Wegdekmeten is a sister company of civil engineering specialists Inframea. The Inframea network consists of specialised freelancers and reputable agencies that address all aspects from project conception to completion and ongoing management. Inframea holds a BS EN ISO 9001: 2008 certificate, ensuring its employees to continuously strive to achieve improvements in processes and the organisation.

To find our more, please visit: www.wegdekmeten.nl or www.inframea.nl

About De Jong Zuurmond

De Jong Zuurmond has been providing asset management services for more than 25 years. Specialising in the provision of maintenance and management services for roads and waterside environments De Jong Zuurmond has contracts with road authorities, port operators and government organisations across the Netherlands. Services offered by De Jong Zuurmond include cleaning of highways networks and related infrastructure, landscape services, installation and maintenance of highways assets and incident response.

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

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