Hexagon launches Hexagon Wireless

HEXAGON launches HEXAGON WIRELESS. The Initial business area structure will consist of HEXAGONs present subsidiaries Moteco AB, a leading manufacturer of antennas for mobile phones, and GigaAnt AB, the newly established company developing antennas for Blue tooth applications. Establishing this new business area is a consequence of the new strategy that HEXAGON communicated at the annual general meeting in May. HEXAGONs ambition is to grow rapidly in fewer, larger and more international businesses. The Business areas focus will be the rapidly growing market for wireless communication. The Business areas President Mr Morten Smedstad comments: "The Challenge will be to find the right position in the value chain supplying the major OEMs in the wireless business as well as broaden our business scope into new applications". For further information please contact: Morten Smedstad, C.E.O. HEXAGON WIRELESS, Phone: +46(0) 70- 582 82 40 Ola Rollén, C.E.O., HEXAGON AB, Phone: +46(0) 70 - 511 61 73 Apply for a subscription of HEXAGONs financial releases via e-mail at www.hexagon.se Select Reports or Press releases. Hexagon AB (publ) Tfn +46418 - 44 92 00 Kronobryggan Fax +46418 - 44 92 08 S-261 31 LANDSKRONA www.hexagon.se