HEXAGON ACQUIRES US MEASUREMENT EQUIPMENT MANUFACTURER

Hexagon has through its wholly owned US subsidiary, Sheffield Measurement Inc., acquired all assets belonging to CMM Systems, which earlier was part of a product line within Starrett Metrology Systems. The seller is the listed American company LS Starrett (NYSE: SCX). The acquisition includes a stock of new and used CMMs including spare parts, pro-duction equipment, as well as intangible rights. The purchase price amounts to 1.5 MUSD. Starretts product line, CMM Systems, has had an annual turnover of approx. 10 MUSD, and possesses a large installed base of CMMs in the US. As a part of the transaction, Hexagon Metrology will offer the owners of Starrett CMMs a transfer package to Hexagons standardised software, PC-DMIS. Addition-ally, during a transitional period Hexagon will offer LS Starretts CMM customers a bundle consisting of a license, installation, training and a service agreement at a re-duced price. Former distributors of Starrett CMMs will be offered to sell a complete program con-sisting of Sheffield products. For further information, please contact: Ola Rollén, President & C.E.O. Hexagon AB Tel: +46 8 601 26 20 Håkan Halén, C.F.O. Hexagon AB Tel: +46 8 601 26 20