Hexagon Acquires Norwegian Software Company myVR

Hexagon AB, leading global provider of design, measurement and visualisation
technologies, has acquired all shares in the Norwegian company My Virtual
Reality Software AS (myVR).

myVR provides software that offers a solution for 2D, 3D and 360-degree viewing
for desktop and mobile. The company has developed a patented technology platform
that enables high-resolution real-time viewing of interactive maps over networks
with limited bandwidth. The platform makes it possible to view large-scale
models on any 3D hardware-supported client platform, including mobile phones and
tablets.

“The acquisition of myVR will be of great value for Hexagon's current offerings.
Everything is going mobile, including our customer offerings,” said Ola Rollén,
President and CEO, Hexagon AB. “In the past, the problem with displaying 3D data
on a mobile device such as a tablet has been size limitations of data transfers,
and also the ability to handle the transfer in a real-time environment. myVR has
a unique solution to this problem, and Hexagon will make use of its technology
in all of our divisions.”

Founded in 2003, myVR provides real-time, 3D virtual technology to the Oil &
Gas, Building & Construction, Government and Web Portals industries, as well as
other traditional and emerging digital markets.

myVR will be fully consolidated as of today. The acquisition will not have any
visible impact on Hexagon's earnings in the short-term.
For further information please contact: Mattias Stenberg, Vice president
Strategy & Communications, Hexagon AB,
46 8 601 26 27, ir@hexagon.com
Hexagon 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 over 13 000
employees in more than 40 countries and net sales of about 2 200 MEUR. Our
products are used in a broad range of industries including surveying, power and
energy, aerospace and defence, safety and security, construction and
manufacturing. Learn more at www.hexagon.com.