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Half-term consolidated accounts as of january 31, 2009.

In the first half of 2008/2009, IGE+XAO reports a 4.8% growth in turnover, with the figure of 10,964,826 euros as compared to 10,465,904 euros the previous year. The growth is all the more impressive as it was achieved in a tight economic situation and, in addition, the contribution from contracts for the Group’s PLM offer (Product Life-cycle Management) dedicated to Electrical Engineering, so far has remained stable from one year to the next.

In addition to business activity, current operating income and operating income have increased significantly, being up by 13.3% and 55.4% respectively. The change in net income does not reflect the Company’s performance when taking into account the positive value of €1,134,693 posted last year when the Company sold its 11% holding in Anyware Technologies. Profitability ratios have achieved very impressive levels, showing a 13.6% net margin* and a 16.8% operating margin**.

On the financial side, IGE+XAO has a solid basis, having, at January 31, 2009, 16.5 million euros of equity capital, almost zero bank debt, and available cash of over 13 million euros. In this current fiscal year, the IGE+XAO Group intends to continue with its strategic plan, whilst however paying a careful attention to the preservation of a high profitability level.

* Group net income / turnover
** Operating income / turnover






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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