TIDMOMG
OMG PLC
24 September 2015
24 September 2015
OMG plc
("OMG" or the "Group")
Yotta Contract Win
- Yotta expands reach into Australia with first installation outside Europe -
- Yotta Australia secures five year contract -
OMG plc (AIM:OMG) the technology group providing image
understanding products for the entertainment, life science,
engineering and consumer electronics markets, is pleased to
announce that following the expansion of its infrastructure
management arm, Yotta, into Europe earlier this year, Yotta has now
extended use of its software outside Europe, securing its first
installation in Australia for Horizons, the visualised asset
management software.
Yotta Australia, the authorised distributor of Horizons software
for Australia and New Zealand, has signed a five year software and
service agreement which will see Horizons being used to support two
large-scale Maintenance Alliance Contracts encompassing over 8000km
of arterial road network for VicRoads, the road and traffic
authority in the state of Victoria.
Yotta Australia worked in partnership with Fulton Hogan, who
successfully bid for the VicRoads tenders. Fulton Hogan, a
specialist with more than eighty years' experience in the transport
infrastructure sector, will use Horizons to deliver a complete
range of maintenance services across the highways realm for an
initial period of five years, with a possible extension of an
additional five years.
Glenn Johnston, National Manager, Infrastructure Services at
Fulton Hogan, commented:
"The inclusion of Horizons within our bid was a key selling
point and differentiator. With support from Yotta Australia we were
able to communicate our proposals clearly and precisely and
demonstrate how we would use the software to strategically plan
works making use of all available data to deliver better outcomes
for the road network and the greater community."
Commenting on the contract win, Nick Bolton, CEO of OMG
said:
"I am absolutely delighted; our Horizons software is continuing
its march into new international markets and verticals. Our
software is proving to be a key differentiator when our partners
are pitching for contracts and this represents an important moment
for Yotta Australia. Yotta's distribution model is proving to be
effective and we are delivering on our stated international
ambitions.
"We have worked hard to build solid relationships evidenced by
over 50 local authorities in the UK using our Horizons software and
we look forward to continuing to develop our relationships in the
Australian region and helping our customers take advantage of
Horizons' capabilities."
For further information please contact:
+44 (0) 1865
OMG plc 261800
Nick Bolton, CEO
David Deacon, CFO
+44 (0) 20 3727
FTI Consulting 1000
Matt Dixon / Emma Appleton / Charles
Palmer / Harry Staight
+44 (0) 20 7496
N+1 Singer (NOMAD to OMG) 3000
Shaun Dobson / Jen Boorer
Notes to Editors
About OMG plc
OMG plc (Oxford Metrics Group. LSE: OMG) is a group of
technology companies producing image understanding products and
services for the entertainment, life science, engineering
industries and consumer electronics markets.
The Group's technology is used globally to capture the movements
of actors (for the movie industry), sportsmen and women (for video
games or improving team performance), and children with cerebral
palsy, rehab patients and animals (for medical, life science and
research industries). The technology is also used for the
management of pavement and street furniture. Through this diverse
offering the Group has earned its strong international reputation
for precision from pixels and its unique expertise in imaging
technology.
Founded in 1984, the Group is headquartered in Oxford, UK, and
has two offices in the US and four in the UK. 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 subsidiaries: Vicon, the world's largest motion capture and
movement analysis company, Yotta, a provider of software and
services for infrastructure asset management and OMG Life, our IP
licensing business, which is focused on unlocking latent value in
OMG's IP.
The Group's global clients spanning the worlds of science,
medicine, sport, engineering, gaming, film and broadcast include:
major hospitals and research facilities such as Guy's Hospital,
Nuffield Orthopaedic Centre, Headley Court and Loughborough
University, engineering industry leaders including: Ford Motor
Company, BMW, Toyota and European Space Agency and in the
entertainment sector; The Imaginarium, Sony, Industrial Light and
Magic, Sega, Nintendo, UbiSoft, EA and Square Enix. In
infrastructure asset management, clients include Highways England,
East Sussex, Kent, Lancashire, Transport for London, UK Power
Network, Cheshire East and West as well as many others.
About Yotta
Yotta is a provider of software and services that help customers
transform how they manage their infrastructure assets.
Innovation is at the heart of the Yotta approach; whether in the
development of more efficient or more accurate surveying techniques
or in the development of software that helps make the intangible
tangible. The Yotta Horizons and Yotta Mayrise platforms, used by
the majority of local authorities, national agencies and forward
thinking utility companies, lie at the heart of Yotta's ethos -
helping organisations use asset data to inform better operational
and strategic decisions.
While Yotta was set up in 2006, the combined experience in the
management of infrastructure assets stretches back more than 30
years; helping customers in highways, street lighting, street
works, waste and utilities.
Yotta is part of OMG plc; a successful global technology company
listed on the London Stock Exchange.
For more information about Yotta, visit www.yotta.co.uk
About Yotta Australia
Yotta Australia is the Authorised Reseller of Yotta's Asset
Management software in the Australia and New Zealand region.
Working with Local and State councils and the engineering
contractors Yotta Australia provides a complete range of software
and consultancy services to help infrastructure owners develop cost
effective maintenance programmes and make best use of existing
datasets.
Yotta Australia is owned by the Lunn family trust with over 25
years' experience in the Australian roads market with brands such
as A1 Highways and ProCiv, each being respected organisations
within the specialist maintenance contractor market.
To find our more, please visit: www.yotta.net.au
About Fulton Hogan
Fulton Hogan specialises in building and maintaining transport
and civil infrastructure so that communities can operate safely and
efficiently.
Experience in civil construction, asphalt surfacing and long
term asset maintenance allows Fulton Hogan to bring together
specialist capabilities so that, under one roof, they can offer
insightful solutions to meet specific needs.
Drawing on an 80 year history of building relationships Fulton
Hogan perform to promised levels in order to give confidence in
behaviour and outcomes. Services include a full range of civil
infrastructure, civil construction and road maintenance
solutions.
To find out more, please visit: www.fultonhogan.com
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
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