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Turnover for the third quarter of 2001/2002

Even in this tense economic context, IGE+XAO shows a 16% growth in sales after the first nine months of its fiscal year. This strong increase is in keeping with the Group's objectives. The Group anticipates a 13 to 15% growth for the full 2001/2002 fiscal year.

As for its cost effectiveness, due to the Group's sustained business activities during the third quarter, and because there was practically no rise in costs, the Group's net profits increased, after having already reached 419 000 Euros after 6 months. Furthermore, IGE+XAO has a solid financial structure, has more than 4,5 million Euros at its disposal, very little debt (0,5 million Euros) and close to 1 million Euros in cashflow (evaluated over a nine month period), i.e. a very favorable net debt – financing from cashflow ratio.

Other than these achievements, the Group's third quarter was particularly lucrative due to the launch of its new high end software (See Electrical Expert) on one hand, and the signature of the EADS contract on the other hand, which represents more than 3,5 million Euros over four years.

IGE+XAO will attain its growth and net profit objectives (between 6% and 8% of sales) for the fiscal year. Finally, because of its estimates and the scope of the agreement signed with EADS, the Group will show definite sustained growth for 2002 and 2003.

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SOBRE O GRUPO IGE+XAO :

Por 30 anos, o Grupo IGE+XAO tem editado, projetado, produzido, vendido e garantido a manutenção de uma gama de softwares para Desenhos Auxiliados por Computador (CAD), Gerenciamento de Ciclo de Vida de Produto (PLM) e softwares de Simulação dedicados a Engenharia Elétrica. Estes pacotes de software tem sido projetados para ajudar os fabricantes a projetar e manter os setores elétricos de qualquer instalação. Este tipo de CAD/PLM/Simulação é chamado de "CAD/PLM/Simulação Elétrico(a)". A IGE+XAO construiu uma gama completa de softwares e aplicações de CAD/PLM/Simulação Elétrico projetados para todos os fabricantes. A IGE+XAO emprega 390 pessoas ao redor do mundo em 32 locais e 21 países, e tem mais de 86.000 licenças vendidas ao redor do mundo. A IGE+XAO é a referência neste segmento.
Para mais informações visite: http://www.ige-xao.com

CONTATOS DO GRUPO IGE+XAO GROUP :
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
Telefone: +33 (0)5 62 74 36 36 - Fax : +33 (0)5 62 74 36 37
Site Web: www.ige-xao.com
Listada na Euronext Paris- NYSE Euronext - Indice CAC Mid & Small® - ISIN FR 0000030827

Contato de Imprensa :
Christian Colin : +33 (0) 5 62 74 36 36