Quaternove raises € 3.6 million Paris, Tuesday September 4, 2001

Quaternove, a company specializing in high-technology consulting in engineering, completed an entirely private capital increase with AXA Private Equity, in collaboration with Aurel Leven.

This transaction, which has enabled the group to raise € 3.6 million, will be used to finance the internal growth of Quaternove and companies acquired in recent months.

This confirms the group's intent to pursue strong growth through a combination of internal expansion on the one hand, and a policy of targeted acquisitions on the other.
This operation initiates Quaternove's global collaboration with AXA Private Equity, an investment management company within the AXA Group specializing in unlisted investments, which will accompany its European expansion.

Strong results for first half.
Quaternove's results as of June 30, 2001 showed sales of 8.7 million euros (up 64% compared to 2000) and net profit of 0.48 million euros (up 65% compared to 2000), representing a net margin of 5.5%. The group's balance sheet is currently totally debt free.
The group’s hiring rate for upper-level employees remains high in order to staff the projects entrusted to it. This indicator, which is critical in this business sector, demonstrates Quaternove's dynamism, which remains unaffected by the uncertainties impacting numerous technology companies.
The group is entering a new stage of growth and expects to exceed its forecasts for the entire 2001 financial year.

Additional information: www.quaternove.fr

Contacts:

QUATERNOVE
Raymond GUATTERIE
Tel.: +33 1 45 19 20 61

Dividends
Frédéric HUIGNARD
Tel.: +33 1 44 83 63 00