Hexagon acquires FTI, a leading provider of manufacturing software solutions

Hexagon AB, a leading global provider of information technologies that drive
productivity and quality across geospatial and industrial enterprise
applications, today announced the acquisition of Forming Technology Inc. (FTI),
a provider of innovative manufacturing software solutions designed to reduce the
development time and material costs of sheet metal components.

Sheet metal is used extensively in the production of car bodies, aircraft,
electronics enclosures and many other applications. Rapid, cost-efficient design
and manufacturing of sheet metal components is key to addressing the rising
challenges of manufacturing efficiencies.

Founded in 1989 and based in Burlington, Ontario (Canada), FTI serves original
equipment manufacturers (OEMs) and suppliers in the automotive, aerospace,
electronics, and appliance industries with sheet metal design, simulation,
feasibility, and costing solutions. Its leading-edge technology portfolio, sold
through an international network of reseller partners, coupled with its
engineering services and years of expertise in the sheet metal industry, enables
customers to validate designs before they go into production and immediately
reduce labour and material costs.

“Closing the manufacturing feedback loop to enhance quality and productivity is
an integral part of our solutions strategy,” said Hexagon President and CEO Ola
Rollén. “Combining FTI’s CAE (computer-aided engineering) technologies and
knowledge of automotive sheet metal applications with our CAM (computer-aided
manufacturing) and metrology solutions will enable us to deliver substantial
productivity gains to our automotive customers.”

FTI will be fully consolidated as of today. The acquisition has no significant
impact on Hexagon's earnings.

For further information please contact:

Maria Luthstrom, Investor Relations Manager, Hexagon AB, +46 8 601 26 27,
ir@hexagon.com

Kristin Christensen, Chief Marketing Officer, Hexagon AB, +1 404 554 0972,
media@hexagon.com
Hexagon is a leading global provider of information technologies that drive
productivity and quality across geospatial and industrial enterprise
applications. Hexagon's solutions integrate sensors, software, domain knowledge
and customer workflows into intelligent information ecosystems that deliver
actionable information. They are used in a broad range of vital industries.
Hexagon (Nasdaq Stockholm: HEXA B) has more than 16,000 employees in 46
countries and net sales of approximately 3.0bn EUR. Learn more at
www.hexagon.com and follow us @HexagonAB.