Turnover for first quarter of 2011/2012 (in IFRS norms), Turnover up 4.2%.

Toulouse, December 8th 2011, The IGE+XAO Group announces:

In the continued momentum of the 2010/2011 financial period, IGE+XAO has turnover for the first quarter of 2011/2012 up 4.2%, standing at 5,102,466 euros compared to 4,895,522 euros one year ago.

The beginning of this financial period promises to be a particularly dynamic one, from a technical as well as commercial standpoint.
As such, IGE+XAO in November launched the marketing of a major version (V4) of its flagship product SEE Electrical Expert incorporating more particularly a new collaborative work mode and a substantial improvement in processing performance, as well as a new 3D location module. The Group is also planning major changes in its Electrical PLM offer (Product LifeCycle Management) in particular intended for the aeronautics, space and transport markets.
In parallel, the Company is finalising the creation of its sales subsidiary in Turkey, scheduled to open in February 2012. This new location supplements the international positioning of IGE+XAO, now with locations at 23 sites in 16 countries.

Finally, in this period of economic turbulence, the Group remains confident for the future with its solid fundamentals that include a diversified and international clientele, high profitability and 21.7 million euros in equity.

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