IGE+XAO software publisher, Shaping the future of the Electrical PLM and CAD.

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

Thu, 08 Dec 2011 09:00:00 +0100

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.

Consolidated turnover for 2010/2011(in IFRS norms)

Thu, 15 Sep 2011 09:00:00 +0200

Toulouse, 15th September 2011, the IGE+XAO Group announces:
Commendable growth
IGE+XAO experienced an acceleration in its activities over the 4th quarter 2010/2011, with turnover standing at 5,722,431 euros compared to 5,411,076 euros one year ago, which is an increase of 5.8%. Over the financial period, the Group had growth in turnover of 4.8% and reached 22,323,969 euros. IGE+XAO has benefited from the good resistance of the activity and from profitability up sharply for the half-year to accelerate its operating plan in France as well as abroad. As such, from a product standpoint, special attention has been devoted to the commercial launching of the new versions of the SEE Electrical V6 and SEE Electrical Expert V4 software. In parallel, IGE+XAO decided to reinforce its positioning internationally by creating three new locations abroad. As such, the creation of a subsidiary in Turkey is currently under way and the opening of two sites is scheduled respectively in Russia and in South America in 2012. Finally, the Group has a solid financial position. Indeed, at 31 January 2011, IGE+XAO had operating profitability of more than 20% and a flow of available cash of 18.8 million euros, allowing it to correctly pursue its objectives aiming for growth in the activity while still maintaining a high level of profitability.

IGE+XAO North America announces innovative and advanced functionalities for its new version SEE Electrical V5R1.

Mon, 18 Oct 2010 08:00:00 +0200

October 18th, 2010 – The IGE+XAO Group announces new advanced functionalities for SEE Electrical V5R1, the Intuitive and Versatile CAD Software for all Electrical Design needs. SEE Electrical is the Group's package dedicated to the medium to low range of Electrical CAD software applications. It has become very popular worldwide, due to its three levels (Basic, Standard and Advanced) and its upgradeability which allows the software to evolve in line with customers requirements.

In the V5R1 version, many new features have been developed:

A more user-friendly software, due to the new user interface:

Navigation from Database list to drawings
New windows selection mode which makes object selection easier
Symbol rotation according to wire
Program controlling now possible from the keyboard
Insert components/terminals which are not in drawing by list

The user benefits from a faster and more reliable design:

Integrated Function Location Manager
Create and display several translations at one time
Redlining functionality
Copy or move single pages by drag and drop in project tree
Show wire sizes and wire colors on wires
Terminal/Cable plans information for potential names can be displayed
Cable plan with shield information for cables

Finally, SEE Electrical V5R1 also offers exciting New Modules:

“Intelligent Drawing Legacy”: The module, available in different levels of functionalities, allows :

Load multiple scanned pictures automatically into different pages
Use a pattern recognition tool: patterns (consisting of geometry and text) imported via DXF/DWG can be recognized and converted to symbols which match the SEE Electrical processes.

“Smart PDF Printer” module: allows navigation in the project due to the cross references, and generates an overview of the project tree and of the components.
“Solidworks Entreprise PDM interface” (EPDM): provided by Solidworks, EPDM offers new functionalities such as check in, check out of projects, management of user rights for projects, life cycle management … This is the first step to enable collaborative design between Mechanical and Electrical CAD systems.
“SolidWorks interface”: data exchange between Electrical and Mechanical CAD is now allowed due to “From/To” lists for wires and cable cores, saving time and reducing errors.

For more information about this new version, please visit: http://www.ige-xao.ca/en/ca/index.php

Consolidated turnover for 2009/2010 (in IFRS norms)

Wed, 15 Sep 2010 09:00:00 +0200

Toulouse, 15th September 2010. The IGE+XAO Group announces:
Consolidated turnover for 2009/2010 (in IFRS norms)
4th quarter growth

Despite a difficult economic situation in 2009/2010, marked by significant slowdowns in the electrical equipment and Computer Aided Design (CAD) software markets, the turnover of IGE+XAO was back on the rise in the second half of 2009/2010. Thus, in the 3rd and 4th quarters, growth of 0.8% and 1.3% was respectively achieved. At the same time, the consolidated annual turnover amounted to €21,306,152. The business recovery in the second half of the year was attributable to the Group's customer diversification strategy and good international dynamics.
Throughout the financial year, IGE+XAO kept to its road map aimed at optimizing its economic model while maintaining its capacity in terms of innovation and market conquest. At the beginning of 2011, IGE+XAO will launch major new versions of its spearhead electrical CAD software (Computer-Aided Design). These will supplement the SaaS (Software as a Service) and Construction offers as well as the Electrical PLM (product life-cycle management) range aimed at the aeronautic and automotive markets.
In this context and on the strength of its solid fundamentals, the Group carries on its action plan targeting innovation and the opening of new markets while keeping a high profitability level.

New electrical installation design software from IGE+XAO.

Tue, 29 Sep 2009 08:00:00 +0200

Chicago, September 29, 2009 Publishers of CAD software devoted to electricity, IGE+XAO Group is launching its SEE Electrical software on the US market. Intended for small and medium enterprises, SEE Electrical meets all user requirements among those who design and maintain the electrical part of any kind of installation. Intuitive and ergonomic, SEE Electrical software comes in three versions: "Basic," "Standard" and "Advanced." The "Basic" level is suitable to all industries and provides a large number of basic CAD functionalities at a very attractive price of $1,190. The "Standard" level features several functionalities that help create and manage electrical diagrams with optimal productivity. Lastly, the "Advanced" level includes advanced functionalities (PLC input/output management, automatic plan generation, etc.) that facilitate complex project management. Two trade-specific modules, "Cabinet Layout" and "House Installation," complete the software suite. "Cabinet Layout" helps design electrical cabinets, while "House Installation" supports the layout of electrical equipment on floor plans. Having enjoyed commercial success for several years in a large number of countries, SEE Electrical has remained attractive to users due to its fast learning curve and intuitive functionalities. The software works on all existing Windows operating systems. "Thanks to SEE Electrical, mid-sized companies will now be able to produce their electrical projects faster. In order to meet the budgetary constraints of small and medium enterprises, which are particularly critical at this time, IGE+XAO Group has set up all-in-one marketing offers," says Alain Di Crescenzo, CEO of IGE+XAO Group.

IGE+XAO's SEE Electrical contributes to sustainable development in China.

Fri, 24 Jul 2009 09:00:00 +0200

Toulouse, 24th July, 2009 - Vestas is a leader in wind energy equipment and holds a 23% market share at a global level. Every year each Vestas V90-3,0MW wind turbine can avoid 5000 tons of CO2. The power it generates matches 13,000 barrels of crude oil. Vestas wind turbines generate more than 50 million MWh every year which is enough electricity to supply every household in a country the size of Spain. In order to offer high quality products, Vestas invests heavily to optimize the design of wind turbines with one priority: increase efficiency. Vestas believes that the design stage is equal to, or even more important than the manufacturing stage. Selecting IGE+XAO's SEE Electrical as the electrical design reference software was key to Vestas China. The company was looking for a software package which would allow to design both electrical schematics and wiring diagrams, manage wires, cables and shielding and hence generates automatically all types of lists (product, wire, cable and terminal lists).

CSR PuZhen, a leading Chinese rolling tock manufacturer, chooses SEE Electrical Harness for the design of electrical wire harnesses.

Tue, 16 Dec 2008 08:00:00 +0100

Nanjing, December 16th, 2008 The IGE+XAO Group announces that CSR PuZhen has selected IGE+XAO's SEE Electrical Harness software package for designing and maintaining electrical wire harnesses.

IGE+XAO SIGNS A MAJOR CONTRACT WITH AIRBUS

Wed, 15 Oct 2008 08:00:00 +0200

Toulouse, October 15th 2008. - Three years after the contract was signed with Eurocopter, the IGE+XAO Group announces a very significant contract with Airbus. This new agreement covers the supply of the IGE+XAO Group's PLM offer (Product Life-cycle Management) dedicated to Electrical Engineering. This software suite named SEE Electrical Harness PLM, encompasses most of the electrical engineering process, from the definition of electrical equipment to the automatic generation of electrical harnesses and wiring diagrams. This contract made up of several stages for which deliveries are planned from the 4th quarter 2008 until the end of 2011 could reach nearly 5 million euros. This amount includes the SEE Electrical Harness PLM software licences as well as the development and associated services. IGE+XAO is currently working on the first stage which represents an already received purchase order of 1.3 M Euros excluding VAT. For Alain Di Crescenzo, Chairman and CEO of the IGE+XAO Group: "this new contract emphasizes the relevance and maturity of the Group PLM offer in the aeronautics and space markets. Thus, IGE+XAO appears more and more as a worldwide leader in the fields of Computer-Aided Design and PLM dedicated to Electrical Engineering." With this contract and other ongoing projects, the IGE+XAO Group plans to strengthen its R&D as well as customer support teams.

The IGE+XAO Group announces a new partnership in India.

Fri, 04 Apr 2008 08:00:00 +0200

Toulouse, April 4th 2008 The IGE+XAO Group announces the signature of a new partnership with the Indian company Orcan. This Faridabad-based company, created in 1978, offers a range of diverse products including factory automation solutions. Orcan has built an extended distribution network comprising of 80 dealers, which are located throughout 60 cities. Through this partnership, Orcan will distribute in India IGE+XAO Group products and services, and in particular, SEE Electrical, the IGE+XAO Group leading package at the international level. Available in three versions "Basic", "Standard" and "Advanced", SEE Electrical is the ideal tool, able to evolve according to customers needs. "This partnership is a tremendous opportunity for the IGE+XAO Group. We are very excited with the potential represented by the Indian market", declared Alain Di Crescenzo, Chairman of the IGE+XAO Group. Jagjeet Paul Singh, Orcan Marketing Director, declared: "We are looking forward to collaborating with the IGE+XAO Group teams. We are confident that IGE+XAO's strong product line will be successful on the Indian

Turnover for the first quarter of 2007/2008

Fri, 14 Dec 2007 08:23:47 +0100

Toulouse, 14 December 2007 The IGE+XAO Group announces Over the first quarter of 2007-2008, IGE+XAO has shown a 5.3% increase in turnover compared with 2.6% and 1.6% for 2006-2007 and 2005-2006 respectively. This growth is all the more significant because the 1st quarter is usually characterized by a negative seasonal variation (annual close-out in August). This favourable turnover development is accompanied by strong dynamism, both technically and commercially. Thus, the Product Lifecycle Management solutions (PLM) for the electrical facilities dedicated to aeronautics and space, to which IGE+XAO devoted almost 50% of its R&D resources in the last five years, have experienced a significant evolution. Indeed, after first closing a commercial contract with Eurocopter in 2005, the IGE+XAO Group finalized a second contract in December 2007 (this operation occurred after the end of the first quarter) of almost 800,000 Euros with a first-rank aeronautical manufacturer. The efforts expended in this way should lead to new medium-term growing contracts. At a financial level, the IGE+XAO objective is to continue with its plan aiming towards the growth of turnover, while preserving a high profitability, which achieved 11.8% in 2006-2007. Finally, and according to the policy set up by IGE+XAO, the board of directors reminds us that it will propose to the Annual General Meeting in January 2008 the payment of a dividend of 0.22 € per share, compared to 0.20 € the year before.