Hexagon acquires global market leader in geospatial enterprise software

Hexagon acquires global market leader in geospatial enterprise software

Hexagon has entered into an agreement to acquire all outstanding shares of the
Belgian software company IONIC Software as well as all the shares of the related
American company IONIC Enterprise, together referred to as IONIC
(www.ionicsoft.com).

IONIC was founded in 1999 and has built up extensive expertise in the
development of Java components to create applications for geospatially enabled
service oriented architectures. IONIC develops software products to securely
catalog and serve geospatial information on the Internet. IONIC offers fully
interoperable, enterprise-class products for the publishing, discovery, access,
integration, and application of spatial data in support of core business
functions. 

IONIC sales in 2007 are estimated to approximately 10 MEUR. The company has in
recent years shown an above market growth rate and is expected to grow with more
than 20 per cent a year. The European company is headquartered in Liege, Belgium
and operations in the USA are run out of Alexandria, Virginia. IONIC employs 44
people.

“The acquisition of IONIC underlines Hexagon's growth strategy and commitment to
the enterprise geospatial market. IONIC will complement and add to Hexagon's
increasing software offerings for enterprise and distributed computing. The
acquisition will accelerate the ongoing efforts to transition the existing
Hexagon desktop image handling and processing applications to web enabled and
service oriented image management, processing and delivery solutions”, says Ola
Rollén, CEO and President of Hexagon AB.

IONIC is expected be consolidated as of 1 July 2007 and will immediately
contribute to Hexagon's earnings.


For further information please contact Sara Kraft, Investor Relations, at +46 8
601 26 27, ir@hexagon.se

Hexagon AB is a global technology group with strong market positions within
measurement technologies and polymers. Hexagon's vision is to be number one or
number two in each strategic business area. The group has about 8 000 employees
in 30 countries and net sales of about 13 500 MSEK.