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Turnover for fiscal 2007/2008 - (in IFRS norms)

Toulouse, September 12th 2008, the IGE+XAO Group announces:
IGE+XAO has posted a turnover of €21,590,927 for the 2007/2008 financial year, up by 5.2% on 2006/2007. Fourth quarter turnover was €5,695,878 (+ 3.0%).

2007/2008 was an eventful year for all sides of the business. In fact, IGE+XA0 continued its international expansion, the principal results being the launch of operations at its subsidiary in China, the extension of its foreign distribution network to India, Vietnam and Australia, in addition to the creation of a new subsidiary in Tunisia.
On the technical and sales fronts, the company expended considerable energy throughout the year, leading to the fourth quarter signing of a major contract. This contract which has already led to a first 1.3 million euro order had no impact on the 2007/2008 turnover figure. Its effects will be seen in the 2008/2009 financial year, with its contributions spreading over two years.
On the financial side, the Group sold its 11% interest in Anyware Technologies for 1.1 million euros. IGE+XAO had acquired this interest for a total sum of 392,800 euros.

These excellent results, from both the sales and financial sides, allied with the Group's solid base (diversified customer database, high level of profitability and net cash of €12 million), should allow the Group to combine investment with steady growth in the coming years.






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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