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Consolidated accounts for 2009/2010 (in IFRS norms)

Toulouse, 29th October 2010.The IGE+XAO Group announces:

Consolidated accounts for 2009/2010 (in IFRS norms)

Good performance and significant increase in net income

Against a difficult economic background in 2009/2010, the IGE+XAO Group posted annual consolidated revenues of €21,306,152, marked by a return to growth in the last two quarters (+0.8% and +1.3% respectively) after a 5.4% drop in the first half year. This business recovery is attributable to the Group's diversification strategy in terms of clientele and good international dynamics.

At the same time, IGE+XAO significantly improved its operating profitability, with current operating income and operating income increasing 14.2% and 15.9% respectively. This favorable trend is the fruit of effective control of operating costs and the improvement of the business model. Those two factors notably enabled the Group to maintain its innovation efforts while optimising costs, and conquer new markets. Net income amounts to €2,999,596 versus €2,740,330 a year earlier, for a net margin rate** of 14.1% versus 12.6% the previous year.

Moreover, IGE+XAO has solid fundamentals with a diversified client portfolio, extensive international presence, as well as high profitability and a net cash position of €17 M. In this context, while remaining vigilant over changes in the economic situation, IGE+XAO intends to maintain a significant level of investment in Research and Development while preserving all of its growth capacities. Thus, for fiscal 2010/2011, the Group is planning the launch of major new versions of its leading software (SEE Electrical, SEE Electrical Expert and SEE Electrical Harness PLM) as well as their marketing in new countries.
** Net margin: net income / revenues






ÜBER DIE IGE+XAO GRUPPE :
Seit über 30 Jahren betreibt die IGE+XAO Gruppe die Softwareentwicklung und den Vertrieb ihrer Produkte im Bereich der Computer Aided Design-Softwarelösungen (CAD), der Product Lifecycle Management (PLM) und der Simulation. Diese Softwareprodukte wurden entwickelt, um Planern bei der Konstruktion und Pflege elektrotechnischer Dokumentation zu helfen. IGE+XAO bietet eine Reihe von Elektro- CAD, PLM bzw. Simulation Softwarelösungen für alle Bereiche an: von der Einzelplatzlizenz bis zu Lösungen für komplexe Aufgabenstellungen. IGE+XAO beschäftigt weltweit 390 Mitarbeiter in 32 Niederlassungen und in 21 Ländern und hat mehr 86.000 Lizenzen verkauft. Die IGE+XAO Gruppe ist ein Vorreiter in ihrer Branche. Weitere Informationen finden Sie unter: http://www.ige-xao.com

Ihr Kontakt zu IGE+XAO :
Kontaktperson für Analysten/Investoren: Alain Di Crescenzo (Chairman of the Group): +33 (0)5 62 74 36 36
IGE+XAO Gruppe, 16 boulevard Deodat de Severac - CS 90 312 - 31 773 COLOMIERS CEDEX- Frankreich
Telefon: +33 (0)5 62 74 36 36 - Fax: +33 (0)5 62 74 36 37 - www.ige-xao.com
Notiert an der NYSE Euronext Paris – Compartment C - ISIN FR 0000030827

Pressekontakt :
Rozenn Nerrand-Destouches: +33 (0)5 62 74 36 02

IGE+XAO Deutschland :
Marie-Bernays-Ring 19a,
41199 Mönchengladbach,
Tel.: +49 (0) 2166/13391-0 
Internet: www.ige-xao.de



IGE+XAO Switzerland :
Rue de Flore 5,
CH-2502 Biel/Bienne,
Tel: +41 (0) 32- 365 93 66
Internet: www.ige-xao.ch