Business
GSV Contract Win
GSV Contract Win.
About this update from Oxford Metrics Plc
[{"type":"text","content":"\n OMG PLC\n02 February 2007\n\n2 February 2007\n\n\n\n OMG plc\n\n\n\n Contract Win\n\n\n\n Another contract win for Geospatial Vision\n\n\n\nOMG plc, Oxford Metrics Group (LSE: OMG), ('OMG' or 'the Group') the technology\ngroup providing image understanding products for the entertainment, defence,\nlife science and engineering industries, is pleased to announce the signing of a\nsecond contract within its Geospatial Vision division.\n\n\n\nGeospatial Vision was established as part of OMG's strategy of expansion through\nleveraging existing technology in new vertical markets and focuses on\nstreet-level geospatial imagery, providing new technologies for the management\nand maintenance of key national infrastructures.\n\n\n\nThis agreement, again with a local authority, is the second asset survey\ncontract to be signed by the division. Under this agreement, OMG will be using\nits vehicle to complete an in-depth highway survey. This will involve capturing\nstreet-level video and automatically extracting asset data relating to road\nmarkings and signs.\n\n\n\nNick Bolton, Chief Executive of OMG plc, commented,\n\n\n\n'We are delighted to announce our second asset survey contract within this\nexciting, recently established division. This is another strong endorsement of\nour strategy of applying high technology intellectual property to vertical\nmarkets with good growth prospects. The response to the pilot studies continues\nto be very encouraging.'\n\n\n\n -ends-\n\n\nOMG plc 01865 261800\n\nNick Bolton, Chief Executive\nPeter Wharton, Finance Director\n\n\n\nFinancial Dynamics 020 7831 3113\n\nJuliet Clarke / Hannah Sloane\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":2058,"tagName":"div"}]