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Toulouse, France – January, 22nd, 2004 –
6:30 PM – Two months after the Dassault
Systèmes/IGE+XAO partnership agreement,
IGE+XAO (Euronext Paris: NextEconomy
FR0000030827 FTSE 977) today announced
its first major success thanks to this
cooperation. The Boeing Company will use
IGE+XAO Systems Design and Cabling C.A.D.
(Computer Aided Design) solutions to
define Systems Architecture, Topology
and Electrical diagrams for commercial
aircraft.
This new reference represents the most
important sale ever achieved by IGE+XAO
with a potential of more than US$ 5
million within three years.
The sale will result in a dramatic
increase in IGE+XAO's commercial
operations in North America, and an
important acceleration of its R&D
activities based around embedded systems
developed on top of Dassault Systèmes'
software.
IGE+XAO, which signed with Airbus two
years ago, has become a major reference
for providing systems software solutions
to aircraft manufacturers.
This new reference, in addition to the
most prestigious names in the automotive
(PSA Peugeot Citroën, Renault, Michelin,
Valéo, Delphi, Faurecia…),
transportation (Airbus, Eurocopter, DCN,
SNCF, Air France, Chantiers de
l'Atlantique, Bombardier, Alstom…),
chemical (Solvay, Total Fina Elf, Kodak,
Vivendi Environnement), electricity and
electronics (Schneider Electric,
Siemens, ABB, Motorola) and energy
industries (EDF, HydroQuebec, Total Fina
Elf)…, confirms the Group's breakthrough
in the field of advanced technology and
reinforces its strategy : becoming an
industrial standard.
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About IGE+XAO:
The IGE+XAO Group has been quoted on the
Paris Stock Market since 1997.
IGE+XAO has:
·more than 16 years of experience in
providing complete and integrated
computer solutions pertaining to the
design and maintenance of electrical
installations,
·270 employees based on 19 sites and in
11 countries,
·sold more than 41 000 software licences
around the world, in various fields and
markets such as car manufacturing,
transportation, energy production,
electrical and electronics industries,
food and agriculture, chemistry and
steel industries,
·high level of profitability with more
than 7% net margin and a strong
financial structure. |
