2nd Feb 2011 07:00
ILX Group PLC
("ILX" or the "Group")
Significant New Orders
ILX Group plc (AiM: ILX), the AIM quoted provider of e-learning software and business training, is pleased to announce that it has won two contract extensions, valued at c£100,000, with major international companies.
The first is with Logica plc, a leading UK based European business and technology service company. The contract is to provide PRINCE2 e-learning software at both Foundation and Practitioner levels for up to 100 of their employees in Holland.
The second contract is with Thomson Reuters, one of the world's leading providers of information on a global basis. ILX provides the company with ITIL Overview and Foundation training to their UK staff. Under the new contract ILX will also manage their examination bookings.
In addition, ILX has secured contracts with the Royal Institute of Chartered Surveyors (RICS), which is offering the PRINCE2 Foundation and Practitioner level e-learning, via their secure learning portal, to all 150,000 members at a member-discount rate, and the Audit Commission, which is using a specially constructed e-commerce portal to offer discounted courses to over 1000 staff currently at risk of redundancy.
Ken Scott, Chief Executive, ILX Group plc commented:
"The contracts renewals are with major international companies which we believe confirms the standard of training that we offer and the selection of our products by both the RICS and Audit Commission endorses this. We continue to broaden our client base, retain existing ones and our geographical expansion is proving to be successful.
"Despite difficult market conditions, companies are still training staff and e-learning is a very cost effective way of improving performance."
2nd February 2011
For further information, please contact:
ILX Group plc | 020 7751 7100 |
Ken Scott, Chief Executive | |
FinnCap | 020 7600 1658 |
Marc Young, Charlotte Stranner - Corporate Finance Tom Jenkins, Joanna Weaving - Corporate Broking
| |
Lothbury Financial Services Limited | 020 7868 2010 |
Michael Padley / Chris Roberts |
Editors' Note
ILX Group plc (www.ilxgroup.com) is a leading provider of vocational training to the private and public sectors, offering a variety of accredited courses, delivered through e-learning. It has developed its own proprietary software and is the market leader in PRINCE2. It trades through two divisions:
1. Best Practice provides e-learning, instructor-led training and implementation consultancy principally to the programme and project management, IT service management and business finance markets.
2. International was formed in late 2009 and provides e-learning and implementation consultancy in overseas markets. Offices have been established in Australia, Dubai, Denmark, The Netherlands, and USA.
ENDS
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