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The IGE+XAO Group sells its 11% shareholding in Anyware Technologies to Wavecom

Toulouse, 5 February 2008 – The IGE+XAO Group announces the sale of its 11% shareholding in the company Anyware Technologies, following Anyware's acquisition by Wavecom, a specialist in integrated wireless communication solutions. In selling its shares, IGE+XAO is acting with all Anyware Technologies' shareholders and management.

Anyware, an innovative Toulouse-based company, was created in 2000, and the Group has been a shareholder from the outset, investing capital of €304,000 and supporting the company both technologically and financially. Anyware Technologies now supplies advanced software solutions, particularly for embedded software, Web technologies and information systems.

The disposal has netted IGE+XAO a cash payment of €1,100,000 plus an extra €55,000 in escrow as a guarantee against liabilities. In addition, a further payment of up to €220,000 will be made during 2009, once certain targets have been achieved.

"We are happy with this acquisition, which represents a real opportunity, in both technology and business terms, for Anyware Technologies. As regards intelligent solutions, the company will benefit both from synergies in expertise and from industrial complementarity", said Alain Di Crescenzo, the Chairman and Chief Executive of IGE+XAO.

IGE+XAO will lose neither expertise nor customers by the disposal, which will enable it to accelerate its 2008 investment programme.






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