2004/2005 consolidated accounts - Sustained growth and strong profitability

Toulouse - October 28th, 2005 – The IGE+XAO Group announces:

IGE+XAO shows increased growth of 10% during fiscal 2004/2005, when compared to the previous fiscal, with a turnover of € 19,010,851.

With regard to the profits forecast, the company's performance shows a remarkable increase of 10% to € 2,629,947 leading to consolidated results of € 1,762,331 , an increase of 16%. The consolidated net income increases by 12.3% to € 1,612,825 . Furthermore, the net margin has improved to reach 8.5% of turnover, thus exceeding the 8% objective announced by Group directors.

At the same time, the Group has strengthened its financial position with a net cash flow of
€ 9,672,416 (€ 7,740,084 in 2003/2004) and shareholders' equity of € 10,422,512 (€ 9,006,354 in 2003/2004). This financial strength enables the Group to achieve its objectives and make full use of both internal and external development opportunities.

Apart from the financial data, fiscal 2004/2005 has been particularly active with the signing of a contract for more than € 1.5 million over a two-year period with the Group Eurocopter. At the same time, IGE+XAO has entered into several major partnerships notably with Weidmüller and with Moeller Electric. The first aims to integrate Weidmüller's wiring materials in IGE+XAO software and to permit business synergies. The second is in the supplying by IXE+XAO of a software programme for the drawing of electrical circuits destined for the clients of Moeller Electric.

In line with the management of the Group, the Board of Directors will propose to the Annual General Meeting of shareholders a dividend distribution of € 315,720 against € 298,180 in 2003/2004.

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El GRUPO IGE+XAO :

Durante más de 31 años, el Grupo IGE+XAO ha realizado las actividades de desarrollo, producción, venta y mantenimiento de su gama de softwares de Diseño Asistido por Ordenador (CAD), PLM (Product Lifecycle Management) y simulación dedicados a la Ingeniería Eléctrica. Estos softwares han sido diseñados para ayudar a los fabricantes a diseñar y mantener la parte eléctrica de cualquier instalación. Este tipo de CAD/PLM/Simulación es denominado "CAD/PLM/Simulación Eléctrico". Desde que nos hicimos cargo a mediados de 2014 de Prosyst, IGE+XAO también ofrece una gama completa de software para la simulación funcional de las instalaciones eléctricas. IGE+XAO tiene cerca de 390 empleados distribuidos en 33 sedes en 22 países y más de 88.600 licencias vendidas en todo el mundo. IGE+XAO es una referencia en su sector a nivel mundial.
Para más información, visite nuestra web: http://www.ige-xao.es


CONTACTOS IGE+XAO :
IGE+XAO Ibérica, PAE Neisa Sur – Avd. Andalucía Km. 10,5 - 28021 Madrid - España Teléfono: +34 917 979 071 - Fax: +34 915 053 468
Website: www.ige-xao.es
Grupo IGE+XAO :Contacto Analistas / inversores: Alain di Crescenzo (PDG): + 33 (0) 5 62 74 36 36
Contacto Prensa: Rozenn Destouches: +33 (0) 5 62 74 36 02