Hexagon announces effects from the Veripos acquisition

Hexagon has in the purchase price allocation analysis performed following the
acquisition of Veripos identified overlapping technologies and assets between
Hexagon and Veripos. This will lead to a write-down which in combination with
transaction costs (financial and legal advice) will impact Hexagon’s earnings
for the first quarter 2014.

The write-down relates to overlapping technology between Veripos’ TerraStar
positioning business and the existing network positioning business within
Hexagon. The write-down also relates to obsolete GNSS technology within Veripos,
which in the future will use NovAtel GNSS receivers instead of using an external
supplier.

Hexagon’s earnings for the first quarter will, as previously announced, also be
impacted by the capital loss from the divestment of SwePart Transmission in
March.

Hexagon will therefore in the first quarter 2014 record non-recurring items of
in total -17.4 MEUR.
Hexagon has in the purchase price allocation analysis performed following the
acquisition of Veripos identified overlapping technologies and assets between
Hexagon and Veripos. This will lead to a write-down which in combination with
transaction costs (financial and legal advice) will impact Hexagon’s earnings
for the first quarter 2014.

The write-down relates to overlapping technology between Veripos’ TerraStar
positioning business and the existing network positioning business within
Hexagon. The write-down also relates to obsolete GNSS technology within Veripos,
which in the future will use NovAtel GNSS receivers instead of using an external
supplier.

Hexagon’s earnings for the first quarter will, as previously announced, also be
impacted by the capital loss from the divestment of SwePart Transmission in
March.

Hexagon will therefore in the first quarter 2014 record non-recurring items of
in total -17.4 MEUR.
For further information please contact:
Carl Gustafsson, Investor Relations Manager, Hexagon AB,
46 8 601 26 27, ir@hexagon.com

Kristin Christensen, Vice President, Corporate Communications, Hexagon AB,
1 404 554 0972, media@hexagon.com
Hexagon (NASDAQ OMX Stockholm: HEXA B) is a leading global provider of design,
measurement and visualisation technologies. Our customers can design, measure
and position objects, and process and present data, to stay one step ahead of a
changing world. Hexagon’s solutions increase productivity, enhance quality and
allow for faster, better operational decisions, saving time, money and
resources. Hexagon has more than 14,000 employees in over 40 countries and net
sales of about 2,400 MEUR. Our products are used in a broad range of industries
including surveying, power and energy, aerospace and defence, construction,
safety and security, automotive and manufacturing. Learn more at
www.hexagon.com.