RCS - Oxford Metrics PLC - Continued momentum in smart manufacturing division

Oxford MetricsAnnouncement

20/03/2025 07:15

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RNS Number : 3738B  Oxford Metrics PLC  20 March 2025

 

20 March 2025

Oxford Metrics plc

 

("Oxford Metrics" or the "Group")

 

Continued momentum for Oxford Metrics' smart manufacturing division

 

Appointment of smart manufacturing managing director

Industrial Vision Systems wins three contact lens inspection contracts since
October 2024

Oxford Metrics plc (LSE: OMG), the smart sensing and software company
servicing life sciences, entertainment, engineering and smart manufacturing
markets, is pleased to

announce the appointment of Dr Simon Gunter as managing director of our smart
manufacturing division. The Group also announces that Industrial Vision
Systems ("IVS") has secured three contracts for global contact lens
manufacturers with a combined value of c. £1.6 million (contained within
current FY25 market expectations).

 

Appointment of managing director, smart manufacturing

 

Dr Simon Gunter has been appointed managing director of our smart
manufacturing division, to lead and build the Group's position in this
important market and growth area. Simon is an experienced c-level leader with
an extensive track record of growing early-stage technology businesses and
successfully implementing change through business transformation, strategy and
direction, M&A, and launching innovative products.

 

Simon has held executive board positions at Evinox Holding, Minibems, Nomad
Digital and AlertMe and senior leadership positions at companies including
Tiscali, Pirelli and 360networks, across the UK, Europe and North America.

 

Contact lens inspection contracts

 

IVS has secured three contracts for well-known, global, contact lens
manufacturers. We are pleased to see that two of these contracts are with
existing customers expanding their relationship with IVS. The third contract
is with a new customer in contact lens manufacturing, as companies within IVS'
addressable market recognise the value of IVS' specialised machine vision
inspection systems for automated quality control.

 

Under the contracts, IVS will supply non-contact inspection systems enabling
the manufacturers to automatically detect lens defects, errors and other
irregularities, ensuring 'right first time' products. These inspection systems
offer state-of-the-art checking, guidance and sorting using machine learning
AI techniques, optimising line efficiency and increasing yield, while
guaranteeing contact lens production quality.

 

Imogen O'Connor, CEO of Oxford Metrics, said, "Having established our presence
in the smart manufacturing market, Simon, our new smart manufacturing managing
director, brings a great deal of experience and will be a fantastic addition
to the team as we work together to help build and capture more of this growth
market.

 

I am also pleased to announce the recent contract wins; as demand for machine
vision inspection continues to grow, manufacturers are increasingly turning to
IVS' technology to automate complex visual tasks, detect defects, and ensure
quality products. The opportunity for inspection automation in manufacturing
sectors such as medical devices, pharmaceuticals, automotive and aerospace is
very exciting, as smart manufacturing becomes the standard."

 

For further information please contact:

 

 Oxford Metrics                          +44 (0) 1865 261860
 Imogen O'Connor, CEO
 Zoe Fox, CFO

 Emma Colven, Head of Communications

 FTI Consulting                          +44 (0)20 3727 1000
 Matt Dixon / Emma Hall / Jemima Gurney

 

 

About Oxford Metrics

 

Oxford Metrics is a smart sensing and software company that enables the
interface between the real world and its virtual twin. Our smart sensing
technology helps over 10,000 customers in more than 70 countries, including
all of the world's top 10 games companies and all of the top 20 universities
worldwide. Founded in 1984, we started our journey in healthcare, expanded
into entertainment, winning an OSCAR® and an Emmy®, moved into defence,
engineering and smart manufacturing. We have a strong track record of creating
value by incubating, growing and then augmenting through acquisition, unique
technology businesses.

 

The Group trades through its market-leading division Vicon, Industrial Vision
Systems, and recently acquired, The Sempre Group. Vicon
(https://www.vicon.com/) is a world leader in motion measurement analysis to
thousands of customers worldwide, including Red Bull, Imperial College London,
Dreamscape Immersive, Industrial Light & Magic, and NASA. Industrial
Vision Systems (https://www.industrialvision.co.uk/) is a specialist in
machine vision software and technology for high precision, automated quality
control systems trusted by blue-chip, smart manufacturing companies across the
globe including BD, DePuy, Jaguar Land Rover, Johnson & Johnson, Zytronic
and Alkegen. Sempre (https://www.thesempregroup.com/) is a measurement
specialist solving manufacturing challenges across multiple industries.
Through their expert in-house consultants and partnerships with over 25
well-known manufacturers including Jenoptik, Renishaw and Micro-Vu, Sempre
offers an extensive range of products and software to customers in aerospace,
automotive, medical, energy and precision engineering.

 

The Group is headquartered in Oxford with offices in the United Kingdom,
United States and Germany. Since 2001, Oxford Metrics (LSE: OMG), has been a
quoted company listed on AIM, a market operated by the London Stock Exchange.
For more information about Oxford Metrics, visit www.oxfordmetrics.com
(http://www.oxfordmetrics.com) .

 

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