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Labinal and the IGE+XAO Group, launching a joint venture to develop and market software applications dedicated to electrical harness manufacturing.

Paris, September 5th 2006 – Labinal, World leader in the field of electrical wiring systems, and IGE+XAO Group, specialists in publishing and deploying innovative CAD software solutions for electrical processes, are proud to announce the launch of a joint venture aiming to develop and market software solutions dedicated to the manufacturing of electrical harnesses.
By combining the skills and resources of Labinal and IGE+XAO, the new JV will develop and sell pioneering software programs which interface seamlessly with the proprietary design environments of customers (aircraft manufacturers, automotive manufacturers, etc.) or software publisher architectures.

Working from the harness design plans, the new commercial offer, called SEE Electrical Harness Manufacturing, will determine the appropriate fabrication range, and pilot the cutting and marking machine tools. SEE Electrical Harness Manufacturing will also integrate other functions, such as electrical tests definition.

« This is a strategic alliance launched in an encouraging market context, 'the all-electric aircraft'. It will enable Labinal and IGE+XAO to consolidate their positions by offering aircraft constructors a high added value software concept that's both innovative and unique", commented Philippe Petitcolin, Labinal CEO. He added, "We'll be pooling the special skills of our two companies. Labinal brings its industrial expertise in the fields of aircraft wiring design and production, and IGE+XAO its talent and technical competence in software design, marketing and support."

"This promising partnership confirms IGE+XAO's ambition to bring innovative software to market, with solutions that cover the entire design and fabrication processes of electrical harnesses. Bringing together two of the most prestigious names in their respective sectors guarantees our customers a truly high performance offer", declared IGE+XAO's CEO, Alain di Crescenzo.






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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