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Creation of the Brazilian subsidiary

IGE+XAO Group announces the creation of I.G.E.+X.A.O. DO BRASIL, a distribution and services subsidiary in Brazil.

 

This new company is based near São José dos Campos in the state of Sao Paulo, a technological park for businesses working in industries such as aerospace, automotive and new technologies in Latin America.

 

Tasked with distributing the Group's software, I.G.E.+X.A.O. DO BRASIL will be an Electrical PLM centre of excellence (life cycle management of electrical installations) for the Americas; the Group already has sites in Montreal and Dallas.

 

"This new subsidiary marks the Group's first direct installation in South America, a region that was previously managed from France and Spain, and via partnerships. Brazil represents a potentially important market for the Group, in particular in the manufacturing production and transport sectors. I.G.E.+X.A.O. DO BRASIL will have to respond – among others – to the sharp increase in needs of the Embraer company, which has chosen to implement the Group's PLM Electrical software, and to the demands of its subcontractors" explained 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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