Hexagon Press Release - September 19, 2007 - Hexagon Metrology and Mycrona Announce Exclusive Private-Label Distribution Agreement
P R E S S R E L E A S E Hexagon Metrology Press Contact: Belinda Jones, HiTech Marketing llc, (860) 399-1147, belinda.jones@hitechmarketing.com Hexagon Metrology Inc. Contact: Bill Fetter, Director of Marketing and Communications, (920) 906-7514, willliam.fetter@hexagonmetrology.com Link to press release: http://www.hexagonmetrology.us/press-releases/?Itemid=21 Hexagon Metrology and Mycrona Announce Exclusive Private-Label Distribution Agreement North Kingstown, RI and Elgin, IL - September 19, 2007 - Hexagon Metrology, Inc. (North Kingstown Rhode Island) and Mycrona of North America, Inc. (Elgin, Illinois), a division of Mycrona GmbH have announced an exclusive distribution agreement for North America. Hexagon Metrology will be the sole distributor of the entire range of Mycrona manufactured multi-sensor vision measuring machines for the United States, Canada, and Mexico. The products will be private-labeled under a Hexagon Metrology brand and badge name. "This is a unique opportunity for Hexagon and Mycrona," said Bill Gruber, president and CEO of Hexagon Metrology, Inc. "We already have years of history together co-marketing PC-DMIS Vision software available since 2004 on Mycrona products here in North America. Now, we take this relationship to the next logical level, leveraging the strength of Hexagon Metrology's distribution channel and nationwide network of showrooms to afford wider access to Mycrona's innovative multi-sensor hardware product line." "We are very excited to expand our relationship with Hexagon Metrology," said Robert Wegard, Vice President of Mycrona GmbH "This agreement significantly expands the availability of our technology platform in the marketplace, and will deliver instant brand recognition in North America. This will also increase the penetration of PC-DMIS Vision, which we recognized from the beginning as a huge leap forward in CAD-centric vision-based software, and the ideal companion to the Mycrona multi-sensor product line, which combines 2D and 3D measurement capabilities in a single multi-functional platform." Hexagon Metrology plans to unveil the new product line at Quality Expo 2007, Rosemont, Illinois on September 25-27, booth 7505. About Mycrona Known as a high end supplier of metrology systems, Mycrona today caters to a broad range of vision applications which span from entry level Video CMM's to industry leading Multi-Sensor systems that are reaching accuracies into nanometers. The privately owned Saarwellingen, Germany based company, along with its North American subsidiary located in Elgin, Illinois, have been successfully catering to the most demanding development and manufacturing in North America since 1996. Today, more than some 500 international operating and local technology companies rely on Mycrona Multi-Sensor sytems for their quality assurance, process development and as a general metrology solution. About Hexagon Metrology Hexagon Metrology serves the high precision measurement and inspection needs of worldwide manufacturers with its extensive line of metrology hardware, software, accessories, and customer services. The company's name-brand portfolio of quality assurance products include Brown & Sharpe, ConiTens, Leica Geosystems, ROMER, Sheffield, PC-DMIS, DEA, Leitz, and TESA. Hexagon Metrology has an unrivaled installed base of more than 1.5 million handheld, stationary and portable measurement devices, and over 30,000 seats of PC-DMIS metrology software. The company is a subsidiary of Hexagon Measurement Technologies, a business unit of Hexagon AB (Nacka Strand, Sweden), a publicly-traded company (OMX Nordic: HEXA B). The Hexagon group consists of nearly 8,200 employees located in 30 countries. --30--