Hexagon Strengthens Software Portfolio with Acquisition of Listech

  Hexagon Strengthens Software Portfolio with Acquisition of Listech

Business Wire

NACKA STRAND, Sweden -- January 28, 2013

Regulatory News:

Hexagon AB (STO:HEXAB), leading global provider of design, measurement and
visualization solutions, has acquired Listech, a software development company
dedicated to increasing the efficiency, accuracy and productivity of
professional surveyors and engineers.

Founded in 1988, Listech offers world-class software solutions that expedite
data processing and streamline workflows in land management, construction and
engineering projects. The LISCAD portfolio offers unparalleled functionality
over other land surveying and civil engineering software. A comprehensive,
fully integrated set of modules offers the flexibility of meeting a specific
need or delivering a complete solution. Intuitive and easy to use, LISCAD
interfaces with all major surveying, engineering and CAD systems and puts the
power of the office in the field with real-time surveying and stakeout.

“When it comes to measuring, mapping, and recording the physical environment,
mistakes can be costly. Whether building a highway, erecting a tower, or
performing traditional land surveying services, time-tested practices must be
combined with high-tech proficiency,” said Hexagon AB President and CEO Ola
Rollén. “Listech’s robust software solutions offer our customers the ability
to ensure timely, high quality, profitable outcomes in their surveying and
engineering projects.”

Listech, based in Melbourne, Australia, was fully consolidated as of 1
February 2013. The acquisition will not have any visible impact on Hexagon’s
earnings in the short term.

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 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.

This information was brought to you by Cision http://www.cisionwire.com

Contact:

Mattias Stenberg, Vice President, Strategy and Communications
Hexagon AB,
+46 8 601 26 27
ir@hexagon.com
or
Kristin Christensen, Vice President, Corporate Communications
Hexagon
+1 404 554 0972
media@hexagon.com
 
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