Home News Company
OMG Companies Reports Contact

NEWS

2.FEB.07 / Press Release

Another contract win for Geospatial Vision

OMG plc, Oxford Metrics Group (LSE: OMG), (“OMG” or “the Group”) the technology group providing image understanding products for the entertainment, defence, life science and engineering industries, is pleased to announce the signing of a second contract within its Geospatial Vision division.

Geospatial Vision was established as part of OMG’s strategy of expansion through leveraging existing technology in new vertical markets and focuses on street-level geospatial imagery, providing new technologies for the management and maintenance of key national infrastructures.

This agreement, again with a local authority, is the second asset survey contract to be signed by the division. Under this agreement, OMG will be using its vehicle to complete an in-depth highway survey. This will involve capturing street-level video and automatically extracting asset data relating to road markings and signs.

Nick Bolton, Chief Executive of OMG plc, commented,

“We are delighted to announce our second asset survey contract within this exciting, recently established division. This is another strong endorsement of our strategy of applying high technology intellectual property to vertical markets with good growth prospects. The response to the pilot studies continues to be very encouraging.”

-ends-

OMG plc 01865 261800
Nick Bolton, Chief Executive
Peter Wharton, Finance Director

Financial Dynamics 020 7831 3113
Juliet Clarke / Hannah Sloane

<<  BACK
SHARE PRICE
London Stock Exchange
OMG Plc is listed on AIM on the London Stock Exchange, for the latest share price click here ...
>>
CONTACT
Icon: World Map
UK
+44 1865 261800
US
+1 (949) 472 9140
ICON: PDF Document

ANNUAL RESULTS 2007 - 30.SEP.07

OMG COMPANIES

Vicon
The first name in motion capture technologies for Vicon, House of Moves and Peak Performance.
2d3 Ltd.
3D geometry for visual communication businesses.

Yotta DCL
Providing highway authorities with complete visual records of their networks.
 

© 2007 OMG PLC | DISCLAIMER | AIM RULE 26