Hexagon strengthens its sensor portfolio with radar technology

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| Source: Hexagon AB
Hexagon AB, a leading global provider of information technologies that drive
productivity and quality across geospatial and industrial enterprise
applications, has entered into an agreement to acquire the GeoRadar division of
the Italian-based company Ingegneria dei Sistemi S.p.A, a privately owned
company with core expertise in radar-based solutions for multiple industries.

Located near Pisa, Italy, with approximately 60 employees, the IDS GeoRadar
division provides the mining and geospatial industries with innovative radar
solutions for structural health monitoring and underground utility mapping.

GeoRadar’s structural health monitoring solutions enable engineers to remotely
monitor – in real-time – movements and vibrations of the earth such as mine
walls, landslides, and glaciers, and a wide variety of infrastructures such as
bridges, buildings, and dams. Its underground utility detection solutions
provide engineers with dimensional information such as size and location of
buried pipes and/or the health condition of roads and rail tracks through the
detection of underground cracks and cavities.

“GeoRadar’s solutions nicely complement our reality capture solutions, enriching
Hexagon’s portfolio across a wide variety of segments like surveying,
construction and mining,” said Hexagon President and CEO Ola Rollén.
“Additionally, combining GeoRadar’s technologies with our mobile reality capture
portfolio broadens our solution offering for large-scale asset management across
segments like utilities, road and rail.”

The transaction remains subject to customary closing conditions. Closing is
expected during the second quarter of 2016. IDS GeoRadar turnover for 2015
amounted to approximately 18 MEUR.

For further information please contact:

Maria Luthstrom, Investor Relations Manager, Hexagon AB, +46 8 601 26 27,
ir@hexagon.com

Kristin Christensen, Chief Marketing Officer, Hexagon AB, +1 404 554 0972,
media@hexagon.com
Hexagon is a leading global provider of information technologies that drive
productivity and quality across geospatial and industrial enterprise
applications. Hexagon's solutions integrate sensors, software, domain knowledge
and customer workflows into intelligent information ecosystems that deliver
actionable information. They are used in a broad range of vital industries.
Hexagon (Nasdaq Stockholm: HEXA B) has more than 16,000 employees in 46
countries and net sales of approximately 3.0bn EUR. Learn more at
www.hexagon.com and follow us @HexagonAB.