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Turnover for first quarter of 2010/2011 (in IFRS norms)Good business trend

Toulouse, December 15th 2010.

After a difficult period in 2009/2010, marked by significant business slowdowns in the fields of electrical equipment and Computer Aided Design (CAD) software, IGE+XAO is posting growth for its first quarter 2010/2011. Its consolidated revenues thus amount to €4,895,522, up 3.4% in comparison with the previous year.

Concerning product launches, the 2010/2011 financial year is promising to be particularly intense, with the marketing of major new versions of the IGE+XAO Group’s leading software – SEE Electrical Expert and SEE Electrical. These new products will supplement the Group’s offers: SaaS (Software as a Service), Building and Electrical PLM (product lifecycle management).
On the commercial level, in 2011 IGE+XAO will be opening new sales offices in North Africa. The Group is also planning to boost its presence in China by setting up offices in Chongqing and Guangzhou (Canton).

On the strength of its solid financial situation, the Group intends to push ahead with its development plan over the financial year, in the aim of growing its business as well as its earnings.






Over IGE + XAO:

De Group IGE + XAO ontwikkelt, verdeelt en ondersteunt reeds meer dan 30 jaar software voor elektrotechnisch ontwerpen, toegespitst op 3 marktsegmenten: Industrieel elektrotechnisch ontwerpen, residentieel elektrotechnisch ontwerpen alsook software voor Harness-design (kabelbomen). IGE + XAO is sinds 1997 beursgenoteerd (Euronext Paris – NYSE Euronext). De Group IGE + XAO heeft meer dan 390 medewerkers wereldwijd, verspreid over 32 vestigingen in 21 landen. Met meer dan 86 000 verkochte licenties is IGE + XAO een referentie in zijn vakgebied. Voor meer informatie bezoek ons op http://www.ige-xao.com, of http://www.ige-xao.nl

Contacteer IGE+XAO Group:
Investment Relations Alain Di Crescenzo (CEO) : +33 (0)5 62 74 36 36
Press: Christian Colin:  +33 (0)5 62 74 36 36
IGE+XAO Group, 16 boulevard Deodat de Severac - CS 90 312 - 31 773 COLOMIERS CEDEX
Telefoon Algemeen:   +33 (0)5 62 74 36 36  - Fax : +33 (0)5 62 74 36 37 – http://www.ige-xao.com