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Turnover for the first quarter of 2003/2004

Having completed a successful 2002/2003 financial year, IGE+XAO followed good progress in the first quarter of 2003/2004 with an increase in turnover of 6%. In the international market, the main target of the group, IGE+XAO has posted growth of 12%. In France, where IGE+XAO holds more than 60% of the market, the business has increased by 3%.


This new fiscal year should see increased activity for the Company with the launch of the first integrated solution for the CATIA V5 of Dassault Systèmes and the start of production of a new range of software entirely developed for the CAA V5 architecture of Dassault Systèmes. These new products will allow the Group to reinforce its position in the Electrical CAO market and to assert itself in the systems engineering market.


This fiscal reassures IGE+XAO that their planned budget is on target. They anticipate an increase in both turnover and profitability, with a net margin in excess of 8% of turnover.

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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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