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Turnover for the half year of 2001/2002

Along with an exceptional first quarter, IGE + XAO now strengthens its 6 month position even more with a sales figure reaching 7,324,444 Euros. Indeed, turn over has progressed by 19% when compared to the 2000/2001 fiscal period. These results are better than expected, since the forecasts were in the 13% to 15% range. This progression is spread out an increase by 5% in France, where IGE + XAO control about 70% of the market, and by 63% internationally, the Group's principal business target.
These excellent results, as well as their recent commercial successes (DCN in October 2001 and EADS in March 2002), along with an important client base which now includes over 34,000 software licences sold the world over, translate into a determining step for the Group and its strategy: Becoming an international standard just as it already is in France and other European countries.
Furthermore, because of its forecasts and the major four-year deal signed with EADS, worth more than 3.5 million Euros and pertaining to the supplying of its high end software, IGE + XAO can count on a strong business increase for the next two years.

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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