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The IGE+XAO Group sells its 11% shareholding in Anyware Technologies to Wavecom

Toulouse, 5 February 2008 – The IGE+XAO Group announces the sale of its 11% shareholding in the company Anyware Technologies, following Anyware's acquisition by Wavecom, a specialist in integrated wireless communication solutions. In selling its shares, IGE+XAO is acting with all Anyware Technologies' shareholders and management.

Anyware, an innovative Toulouse-based company, was created in 2000, and the Group has been a shareholder from the outset, investing capital of €304,000 and supporting the company both technologically and financially. Anyware Technologies now supplies advanced software solutions, particularly for embedded software, Web technologies and information systems.

The disposal has netted IGE+XAO a cash payment of €1,100,000 plus an extra €55,000 in escrow as a guarantee against liabilities. In addition, a further payment of up to €220,000 will be made during 2009, once certain targets have been achieved.

"We are happy with this acquisition, which represents a real opportunity, in both technology and business terms, for Anyware Technologies. As regards intelligent solutions, the company will benefit both from synergies in expertise and from industrial complementarity", said Alain Di Crescenzo, the Chairman and Chief Executive of IGE+XAO.

IGE+XAO will lose neither expertise nor customers by the disposal, which will enable it to accelerate its 2008 investment programme.






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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