OMG PLC
10 May 2007
10 May 2007
OMG plc
Contract Wins
Two contract wins and a contract extension 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
two contracts 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.
The asset survey agreements are with Oxfordshire County Council and Atkins, the
largest multidisciplinary consultancy in Europe, which designs and enables the
delivery of complex capital programmes for clients in the public and private
sectors across the globe. Under these agreements, OMG will be using its vehicle
to complete in-depth highway surveys, which will involve capturing street-level
video and automatically extracting asset data relating to road markings and
signs.
The Group also announces a second order from one of its existing local authority
customers, Cumbria County Council.
Nick Bolton, Chief Executive of OMG plc, commented,
'We are delighted to announce the latest contract wins within our recently
established division, Geospatial Vision. The agreement with such a
market-leading company as Atkins is a strong endorsement of our business.
Furthermore, the agreement with Oxfordshire County Council, our third contract
win with a local authority, demonstrates the continued progress we are making in
this area.'
-ends-
OMG plc 01865 261800
Nick Bolton, Chief Executive
Peter Wharton, Finance Director
Financial Dynamics 020 7831 3113
Juliet Clarke / Hannah Sloane
This information is provided by RNS
The company news service from the London Stock Exchange