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Turnover in the 3nd Quarter 2007/2008 (in IFRS norms) - Continued dynamic expansion 6%

Toulouse, June 13th, 2008 – The IGE+XAO Group announces that:

For the first nine months of its fiscal year 2007/2008, IGE+XAO posted a turnover of €15,895,048, an increase of 6.1% compared with 2006/2007. During the third quarter, turnover amounted to €5,429,638, up 5.0% on 2006/2007.

At a commercial level, IGE+XAO has continued to work towards international expansion, signing a partnership with the Indian company Orcan. This Faridabad-based company has an extended distribution network, and can thus offer a wide range of products and services for the industrial automation market. At the same time, the Group has enhanced its service range with the launch of its SaaS offer (Software as a Service) SEE Freedom, offering the customer an all-inclusive contract. The new package includes software, training and maintenance, and is based around SEE Electrical, the IGE+XAO Group's software for SMEs and SMIs.

At a financial level, the Group's published accounts for the six months to 31 January 2008 showed strong growth, with a net profit of 1,787,068 euros, up 68.1% on the previous period and representing a net margin of 17%. At the balance-sheet date, IGE+XAO had 15 million euros of equity (up 13.7%) and more than12.3 million euros of available cash.

These excellent results confirm the Group's objectives which simultaneously aim for the increase of the turnover and a high level of profitability.






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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