Contract Win

OMG PLC 28 August 2007 28 August 2007 OMG plc Contract Win Another Contract win for 2d3 with UK Ministry of Defence 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 it has signed another contract with the UK Ministry of Defence (MoD), worth £475,000 over two years, as part of the 'Competition of Ideas' (COI) initiative. The contract is within OMG's 2d3 division, which develops advanced image processing software for defence and visual effects. 2d3's proposal, which has won funding by the MoD, recommends using its image processing software for vehicle tracking and target geolocation by integrating its Vision-Based Tracking (VBT) technology with complementary Global Positioning (GPS) and Inertial Navigation (INS) systems, in order to offer improved reconnaissance vehicle and target geo-location accuracy. Historically the subsystems used to estimate vehicle location and target bearing and range have operated independently of each other, but OMG's new proposed system will combine these tasks in a single autonomous process which will improve the accuracy of precision targeting. The combined technology is initially proposed for use on Unmanned Aerial Vehicles (UAVs), although can be applied to any aerial or ground reconnaissance vehicle in order to lead to more accurate target geolocation. The 'Competition of Ideas' (COI) is a new initiative from the MOD's Research Acquisition Organisation (RAO) as part of the MOD's commitment to developing the defence supplier network and providing leadership in investment for science, technology and engineering in particular to the SME and academic sectors. This initiative encourages the best innovators from across Britain to bid for a contract to develop their ideas further to help meet key defence challenges. With an initial budget of £10 million per annum, COI seeks the best new scientific and technology-based ideas that can rapidly be turned into equipment for the Armed Forces. Nick Bolton, chief executive of OMG plc, commented, 'I am delighted that our COI proposal, out of so many, has been endorsed in this way. I am hugely excited by this project which I have no doubt will be an enormous success. The integration of our Vision-Based Tracking technology with other navigation subsystems will offer greatly improved targeting accuracy. This latest win highlights not only how our diverse technology can meet different needs, but also the innovative nature of our company which we will continue to encourage.' -ends- OMG plc 01865 261800 Julian Morris, Deputy Chairman / Peter Wharton, Finance Director Financial Dynamics 020 7831 3113 Juliet Clarke / Hannah Sloane Evolution Securities (NOMAD to OMG) 020 7071 4308 Jeremy Ellis About 2d3 To date 2d3's automatic camera tracking software has been used primarily by the movie industry. In 2005 OMG decided to apply its technology to Unmanned Aerial Vehicles and in December 2005 the Group announced an initial project with QinetiQ to recover 3D information from airborne video imagery which was completed in September 2006. OMG exhibited its capabilities for the first time at the Farnborough Air Show 2006 and again at the Association for Unmanned Vehicle System International (AUVSI) show in Florida in August 2006 and Washington D.C. in August 2007. It has further invested in this area during the first half of this current financial year. About OMG OMG plc (Oxford Metrics Group. LSE: OMG) is a group of technology companies producing image understanding solutions for the entertainment, defence, life science and engineering industries. Be it for capturing the movements of actors (for the movie industry), sportsmen (for video games or improving team performance), children with Cerebral Palsy, rehab patients and animals (for medical, life science and research industries) or virtual reality displays (for engineering and development), the Group has the world leading market position and a strong international reputation for precision instruments. Founded in 1984, the Group's headquarters are in Oxford, UK, and it has offices in California and Colorado, USA. 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 operating subsidiaries - Vicon, the world's biggest motion capture and movement analysis company, 2d3, a manufacturer of specialised image understanding software for entertainment and defence applications and Yotta, our 3D mapping business. Oxford Metrics' global clients in science, medicine, sport, engineering, gaming, film and broadcast include major hospitals and research facilities such as Guy's Hospital, Nuffield Orthopaedic Centre and Loughborough University, engineering industry leaders including Ford Motor Company, BMW, Airbus, Caterpillar, and Toyota, and in the entertainment sector, Sony, Industrial Light and Magic, The Moving Picture Company (MPC), Sega, Nintendo, UbiSoft, EA, Square Enix and many others. For more information about OMG and its subsidiaries, visit www.omg3d.com, www.vicon.com, www.2d3.com or www.yotta.tv This information is provided by RNS The company news service from the London Stock Exchange
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