Xsens Acquires Assets of Utellus, experts in UWB technology

Strategic move by Xsens to build on its leadership in aided inertial tracking systems.

Enschede, August 6th, 2008 - Xsens Technologies B.V. today announced that it has completed the acquisition of substantially all of the assets of Utellus B.V., a privately held technology company with deep knowledge of impulse-radio Ultra-Wide Band (UWB) technology and applications. The terms of the transaction were not disclosed.

Utellus was founded in 2003 as a spin-off from Ericsson EuroLabs in Enschede, The Netherlands. Utellus has successfully demonstrated UWB technology for accurate position tracking at high update rates for several applications.

"Utellus has a unique level of in-depth experience and knowledge of impulse-radio UWB based systems. Specifically, their knowledge of UWB technology for high-accuracy real-time tracking in exceptionally challenging environments is very exciting for us here at Xsens." said Per Slycke founder and CTO of Xsens. "UWB based tracking technology is complementary to Xsens' inertial based motion tracking, essentially adding the equivalent of an indoor GPS system to Xsens' current range of products."

Fred Dijkstra, founder and CEO of Utellus added "With Xsens there is a strategic fit on a technological level. The opportunities for accurate 6DoF tracking solutions combined with the freedom of movement that inertial sensors offer open up new possibilities for wide area tracking solutions. With this incorporation, we will combine our knowledge and implement 'best-of-both-worlds' solutions for our customers."

About Utellus
Utellus is a wireless technology company developing tele-interactive systems, characterized by mobile ad-hoc networks in which ranging, positioning, timing, distributed sensing and communication are combined. Using the profound experience with wireless ad-hoc communication, real-time systems and impulse-radio, Utellus has implemented wireless positioned sensor networks, high update rate 3D tracking, indoor navigation and mobile ad-hoc real-time communication systems. Utellus has done so in international markets like defense, petrochemical, automotive, entertainment and outdoor gaming.

About Xsens Technologies
Xsens Technologies B.V. is a leading supplier of small and highly accurate 3D measurement solutions based upon miniature MEMS inertial sensor technology. Xsens' products are used in applications such as control, stabilization and navigation of unmanned vehicles, robots and other systems, as well as human motion capturing for 3D character animation, training and simulation, and movement science. Xsens is headquartered in Enschede, The Netherlands. www.moven.com | www.xsens.com.