From the announcement:
Robey Jenkins, proprietor of Precinct Omega, announced today that Precinct Omega Studios, the successful commission painting business, would cease commercial operations from 5 April 2013 and was stopping the acceptance of new projects from Monday 11 March 2013.
However, he further announced that new venture, Atlantic Games, led by Seb Parkinson, would be taking up the baton in order to ensure that freelancer painters working for POS continued to receive work at the same (or better) rates, and that clients with preserved discounts or extant quotes would still have these honoured going forward.
Seb is delighted to be able take up the mantle from Precinct Omega and to be inheriting the reputation that POS has established over the last five years for quality and service. Atlantic Games have ambitious plans to be a one-stop-shop for the 21st Century wargamer and Seb looks forward to announcing further expansions to this early venture over the rest of 2013 and into 2014.
Precinct Omega, meanwhile, intends to focus on their growing publishing arm, Precinct Omega Publishing, which has enjoyed success with their first two games, MechaWar and AirFrame, with many more planned. They also plan to continue supporting their community endeavours with MiniCon, the Gloucestershire-based annual wargames trade fair and expo.