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Turnover for the first quarter of 2006/2007

Following fiscal 2005/2006 closing above its profit target (net result up 17.3%) and a turnover for the fourth quarter showing strong growth (up 9.2%), IGE+XAO opens its new fiscal year with a consolidated turnover up 2.6% compared to 1.6% for a year earlier.


In a first quarter traditionally noted for a seasonal downturn (annual August holiday closure) the Group has shown itself to be particularly dynamic. First, IGE+XAO has signed a significant commercial contract with Embraer (world leader in commercial aircraft of up to 110 seats) Further, the Group has launched two joint ventures, EHMS SAS (for the development & marketing of a range of softwares for computer assisted design for the production of electrical harnesses) and S2E Consulting SAS (advice & assistance dedicated to systems engineering and the processes of electrical design) these created respectively with the Groups Labinal and Sogéclair. These operations, which should bear first fruits during 2007, underline clearly the strategy of the Group namely, to provide a complete solution of softwares & services in the domain of electrics and cabling.


At the financial level, the objective of the IGE+XAO Group is to pursue its business plan which envisages growth in turnover whilst always preserving high levels of profitability which reached 10.4% for fiscal 2005/2006.


Finally, in accordance with IGE+XAO's policy the Board of Directors will propose at the Sharelholders General Meeting a dividend distribution of € 0.20 per share. This compares to € 0.18 per share a year earlier.

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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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