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Turnover for the first quarter of 2001/2002

After having reached record numbers for the 2000-2001 fiscal period, IGE+XAO have given a repeat performance for the 2001-2002 first quarter, with consolidated sales figures close to 21 million French Francs. Indeed, the business activity, which has increased by 20% when compared to the 2000-2001 fiscal period, is far superior to expectations, which were in the order of 13% to 15%. The increase in France was by 2%, where IGE + XAO controls about 70% of the market, and 92% (more than 30% on a comparable basis) internationally, the latter being the Group's main business target.
The rate of increase for the first quarter of 2001-2002 is all the more remarkable because the deal signed in October with the "Directions des Constructions Navales" (close to 7 million Francs over 3 years), had no impact on this fiscal period.
This excellent international performance, associated to an important client base now made up of more than 34 000 seats around the world, fully illustrates that the Group's strategy is to become an international standard, such as the Group is already in France and other European countries.
Furthermore, IGE + XAO reminds you that for the fiscal period ending on July 31st 2001, the Board of Directors, during their General Assembly, will suggest a dividend distribution along with a tax credit, the amount of those dividends being 1 754 000 Francs.

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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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