Turnover in the 3nd Quarter 2006/2007 (in IFRS norms) - Activity grows by 6%

Toulouse, June 15th, 2007 – The IGE+XAO Group announces that:

for the third quarter of 2006/2007, IGE+XAO has recorded an increase in turnover of 6%, to 5,171,428 Euros, against 2.6% and 4.9% respectively for the 1st and 2nd quarters. This increase in activity takes the cumulative turnover to the end of April 2007 to 14,985,394 Euros, which is an increase of 4.6% over the previous year.


Regarding its finances, the Group announced major growth in its half-year accounts to January 31, 2007, with a net profit of 1,063,178 Euros, representing a 20.1% increase over the previous period and a net margin of 10.8%. On the same date, IGE+XAO had 12.3 million Euros of shareholders' equity (+13.7%) and net cash flow of over 9.5 million Euros.


The Group's technical and commercial efforts have both borne fruit in parallel, particularly through the launch of the first version of SEE Electrical Harness PLM for CATIA, a software package totally integrated to Dassault Systèmes CATIA and covering the complete electrical harnesses design process. The SEE Electrical software, which is designed for the manufacturing market, was also honoured by being chosen as "Product of the Year 2007" by the Polish press.


Overall, the IGE+XAO Group is on his way toward its target of increasing turnover and having high profitability at the same time.