26 July 2007, 2:36pm
26 July 2007: Yotta, the provider of advanced highway data collection technology and services, and part of the Oxford Metrics Group plc (LSE: OMG), has today announced it is to acquire Data Collection Ltd (DCL), one of the largest dedicated highways surveying companies in the UK.
DCL will assume the Yotta brand and will now be known as Yotta DCL. Yotta DCL will continue to operate from its offices in Bognor Regis and Leicester with the addition of new offices and a development team in Oxford. Yotta’s expertise in automated image recognition and location plotting will be a great fit with DCL’s highway surveying market pedigree.
DCL has been trading since 1993 and provides surveying and software for road and footway condition management. The company provides condition assessment surveys, asset collection services and UKPMS compliant software to Highway Authorities. DCL has many long term contracts with its current customers including Cheshire, Derbyshire, and Pembrokeshire County Councils.
David Lowe, Yotta DCL Managing Director, said: "This acquisition provides a great platform for us to take advantage of the growing demand for highly detailed information from highways management and intelligent mapping organisations. Through DCL we now have 15 years of highways surveying pedigree to combine with Yotta's ability to automatically map the precise location of each and every detail of the highway. Yotta DCL can now provide the most accurate and complete highway survey available, by extracting tiny details from massive datasets."
Steve Batchelor, Managing Director of DCL, commented: “When we first met Yotta the appeal of their technology was immediate. Having been involved in highways management all my working life, it was obvious to me the benefit and change the vision software could bring to our market. DCL has always been about long-term customers and high quality execution - because we’ve been highways engineers we know how important it is to have high quality survey information. By combining Yotta’s technology with our team’s knowledge and our business’s market presence, Yotta DCL can really go places.”
About Yotta
Launched in 2007, Yotta is the new name for Geospatial Vision. Yotta is transforming the way we map the world, thanks to the intelligent use of GPS technology and highly sophisticated cameras. Our technology earned its stripes in the motion capture and match moving sectors where it is the market leader and has won many prestigious awards. Yotta captures street-level images and automatically extracts the precise locations of street signs, traffic lights, road markings, drainage points and every other aspect of roadside information while simultaneously identifying them.
Yotta is changing the way we look at the world around us by extracting tiny details from massive datasets – Yotta mapping the world one pixel at a time..
About Oxford Metrics Group
Oxford Metrics (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 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 Geospatial Vision, 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.
Press contact:
Hayley Roberts / Sean Fleming
Clarity Public Relations
Tel: 0870 950 9670
Email: press@claritypr.co.uk
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