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Turnover for first quarter of 2010/2011 (in IFRS norms)Good business trend

Toulouse, December 15th 2010.

After a difficult period in 2009/2010, marked by significant business slowdowns in the fields of electrical equipment and Computer Aided Design (CAD) software, IGE+XAO is posting growth for its first quarter 2010/2011. Its consolidated revenues thus amount to €4,895,522, up 3.4% in comparison with the previous year.

Concerning product launches, the 2010/2011 financial year is promising to be particularly intense, with the marketing of major new versions of the IGE+XAO Group’s leading software – SEE Electrical Expert and SEE Electrical. These new products will supplement the Group’s offers: SaaS (Software as a Service), Building and Electrical PLM (product lifecycle management).
On the commercial level, in 2011 IGE+XAO will be opening new sales offices in North Africa. The Group is also planning to boost its presence in China by setting up offices in Chongqing and Guangzhou (Canton).

On the strength of its solid financial situation, the Group intends to push ahead with its development plan over the financial year, in the aim of growing its business as well as its earnings.






About IGE+XAO:

For over 30 years, the IGE+XAO Group has been a software publisher designing, producing, selling and supporting a range of Computer Aided Design (CAD), Product Lifecycle Management (PLM) and Simulation software dedicated to Electrical Engineering. These software products have been designed to help manufacturers in the design and maintenance of the electrical part of any type of installation. This type of CAD/PLM/Simulation is called "Electrical CAD/PLM/Simulation". Since mid 2014 with Prosyst take over, IGE+XAO also offers a complete software range for electrical installation functional simulation. IGE+XAO employs 390 people around the world on 32 sites and in 21 countries, and has more than 86,000 licences distributed around the world. IGE+XAO is a reference in its field. For more information: http://www.ige-xao.com

IGE+XAO Contacts:
Analysts/ Investors: Alain Di Crescenzo (Chairman of the Group): +33 (0)5 62 74 36 36
IGE+XAO Group, 16 boulevard Deodat de Severac - CS 90 312 - 31 773 COLOMIERS CEDEX
Phone: +33 (0)5 62 74 36 36 - Fax : +33 (0)5 62 74 36 37
Site Web: www.ige-xao.com
Listed on Euronext Paris- NYSE Euronext - Indice CAC Mid & Small® - ISIN FR 0000030827

Press Contact:
Christian Colin : +33 (0) 5 62 74 36 36

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