15 Sep 2010 07:10
15th September 2010
Ila Group Limited ("Ila")
Indigo Books and Music Canadian order
Ila (AIM: ILA), is pleased to announce its first order from Indigo Books And Music Inc. ("Indigo"), Canada's largest book retailer, and the third largest in North America. This initial order is for 7,500 Ila Dusks, a personal alarm that emits a high decibel female scream designed to shock and disorientate an attacker. The Dusks will be distributed to key stores within Indigo's portfolio.
Indigo has bookstores in all ten provinces of Canada, employing over 6,500 people across 246 bookstores under the Indigo, Chapters and the World's Biggest Bookstore brands. There are a further 149 smaller stores under brands including Coles, Indigo, and The Book Company. Indigo recently reported annual revenues of $969m.
Simon McGivern CEO of ILA commented, "This deal deepens our penetration of the Canadian market, and shows the tremendous acceptance that our products have already achieved around the world. Indigo is a household name in North America, and we are delighted that another market-leading player has recognized the quality and style that Ila brings to a retailer's offering."
For further information, please see www.ilasecurity.com or contact:
Ila Group Limited 020 7501 1050
Simon McGivern, Chief Executive Officer
Paul Gazzard, Chief Operating Officer
finnCap 020 7600 1658
Ed Frisby/Henrik Persson - corporate finance
Joanna Weaving - corporate broking