Hexagon acquires laser technologies company in Israel

Hexagon acquires laser technologies company in Israel

Hexagon has entered into an agreement to acquire all outstanding shares of
CogniTens Ltd., a 3D non contact measurement technologies company.

CogniTens is built on the concept of providing manufacturers with full surface
and features measurements using advanced 3D optical technology. The company's
dimensional measurement solutions are especially designed for use in demanding
engineering and shop floor environments of automotive and other manufacturing
industries.

CogniTens' sales in 2007 are estimated to be approximately 8 MUSD, and are
expected to grow in double digits in the following years. CogniTens is
headquartered in Israel, and employs about 50 people supporting the company's
growing installed base at the world's leading automotive OEMs and suppliers.
Today the company has distribution and sales channels mainly in the USA and
Japan.

“The acquisition of CogniTens gives Hexagon an exciting new technology in the
high speed, non contact, shop floor measurement and scanning segment of the
metrology market. This addition in technology and market proven products will
enable Hexagon to position itself in all segments of the rapidly growing non
contact sheet metal market combining CogniTens 3D measurement products with the
laser tracker technologies from Leica Geosystems and the articulated arms
technologies from Romer”, says Ola Rollén, CEO and President of Hexagon AB.

“We are excited to join the world's premier metrology group and believe our
customers will benefit from combining CogniTens innovative technology and
products with Hexagon's ability to deliver broad solution offerings on a global
scale”, says Ofer Sandelson, President and CEO of CogniTens Ltd.

CogniTens will be consolidated as of 1 September 2007. CogniTens will break even
during the second half of 2007 and contribute to Hexagon's earnings during 2008.


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 8 200 employees
in 30 countries and net sales of about 14 000 MSEK.