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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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О Компании IGE+XAO:

Более 30 лет, Группа компаний IGE+XAO hявляется разработчиком, издателем и обеспечивает техническую поддержку ряда программных продуктов в сфере Компьютерного Проектирования (CAD) и Упраления Циклом Разработки (PLM). Это программное обеспечение было создано для разработки и обслуживания электрической части любого электрооборудования, схем или электросетей. Такой тип программного обеспечения CAD/PLM/Simulation называется "Electrical CAD/PLM/Simulation" (Электрический CAD/PLM/Simulation). IGE+XAO предлагает полный спектр программных приложений на рынке "Electrical CAD/PLM/Simulation" обеспечивающих потребность всех отраслей промышленности. Количество сотрудников 390 человек по всему миру, 32 офисов в 21 странах, активировано 86,000 лицензий. IGE+XAO является лидером в своей области. Дополнительная информация на сайте: http://www.ige-xao.com

IGE+XAO Contacts:
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
Phone: +33 (0)5 62 74 36 36 - Fax : +33 (0)5 62 74 36 37
Site Web: www.ige-xao.com
Listed on Euronext Paris- NYSE Euronext - Indice CAC Mid & Small® - ISIN FR 0000030827

Press Contact:
Christian Colin : +33 (0) 5 62 74 36 36