Hexagon expands within machine automation for mining

Hexagon expands within machine automation for mining

Hexagon has entered into an agreement to acquire all outstanding shares of
Jigsaw Technologies in Tucson, Arizona, USA.

Jigsaw develops and supplies software for fleet management, the largest area of
the measurement technologies market segment machine control for mining. The
company's products are used mainly for coal or mineral open pit mining.

Jigsaw was founded in year 2004 and today employs 17 people. The business has
developed tremendously. Jigsaw sales in 2007 are estimated to more than 9 MUSD. 

”The acquisition of Jigsaw is a vital piece in Hexagon's growth strategy and
commitment to global expansion within the measurement technologies market
segment machine control for mining. We are today active in the field of high
precision mine machine monitoring via our subsidiary Leica Geosystems in
Brisbane, Australia. The product portfolio of Jigsaw in the field of fleet
management will complement our existing product offering and provide our
customers in the mining industry with a more complete concept. We will also be
able to reach synergies in sales and marketing as Jigsaw's strong position in
the Americas complement Leica Geosystems' position in Australia and South
Africa”, says Ola Rollén, CEO and President of Hexagon AB.

Jigsaw will be consolidated as of 1 May 2007 and will immediately contribute to
Hexagon's earnings.

In recent years the world market for machine control has grown at a rate of
about 25 per cent per annum and can today be estimated to about 5 500 MSEK.
Market growth is driven particularly by the need for increased efficiency of
infrastructure machines in the construction, agricultural and mining industries
across the world. 


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.