Trading Statement

OMG PLC 03 November 2004 OMG plc ('OMG' or 'the Group') Trading Update OMG, the leading supplier of motion capture and visual geometry systems for life sciences, entertainment and engineering applications, today announced the following trading update for the year ended 30 September 2004. At the time of the interim results it was noted that the launch of the Vicon MX system in June was expected to deliver additional revenues in the fourth quarter. In the event, revenues for the second half and full year will be at record levels. Excluding the acquisition of House of Moves, second half revenues will be more than a third higher than both the first half year and the same period of the previous year. House of Moves, acquired in May, has performed in line with management expectations and will contribute to profits for the year. For the Group including House of Moves, second half revenues will be around 50% up on the first half year and the same period of the previous year. The sharp upturn in revenues in the fourth quarter resulted in profits for the second half being significantly higher than the first half year. However, the transition to the Vicon MX system, with initially higher costs of production and global roll-out, meant that full year profits for the Group are expected to be significantly lower than market expectations. Costs of production of Vicon MX systems have already been reduced and are expected to continue to fall as production volumes build up during 2005. Julian Morris, Chief Executive commented: 'We have achieved a very successful launch of the new product line, invigorating the market and bringing new application opportunities resulting from increased accuracy and performance. In particular, the Entertainment sector has grown strongly with a high level of media interest prior to this month's UK release of 'The Polar Express', a film in which Vicon full body motion capture allows actor Tom Hanks to appear in several different roles'. For further information please contact: Julian Morris, Chief Executive, julian.morris@omg3d.com Peter Wharton, Finance Director, peter.wharton@omg3d.com Tel: 01865 261800 Tim Thompson / Tom Carroll Buchanan Communications Tel: 020 7466 5000 About OMG OMG plc (LSE: OMG) trades through operating subsidiaries in the name of VICON Motion Systems in the UK and USA and through a network of distributors in other major countries. OMG subsidiary 2d3 Limited produces innovative visual geometry software deriving 3D data from moving images. Since 1984, VICON has been providing professionals with the latest tools to accurately capture the subtleties of three-dimensional human motion for research, life science, sport, engineering, game development, broadcast and film. Recently acquired House of Moves provides motion capture services to leading games and film producers in the USA from one of the worlds largest dedicated motion capture studios based in the Hollywood area. For more information about OMG, or it subsidiaries, visit www.omg3d.com www.vicon.com, www.2D3.com, or www.moves.com. This information is provided by RNS The company news service from the London Stock Exchange
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