14 Dec 2010 07:00
ILX Group PLC
("ILX" or the "Group")
New Contracts in Excess of £500,000 Secured
Approved Supplier to Australian Government
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 contracts with a total value in excess of £500,000.
Both contracts are with the UK Government. The largest contract is for £150,000 per annum over the next three years, whilst the other is an extension of an existing framework contract, expected to be worth in the region of £40,000 per annum over the next four years.
In addition, ILX has recently been made an approved supplier to the Australian Government. As a result of this the Company will be able to tender for work from all Australian Government Departments.
Ken Scott, Chief Executive, ILX Group plc commented:
"Although we see international growth as the driving force behind the Group we have to secure our existing client base and the extension of an existing UK Governmental contract combined with a new win augers well for the future. We continue to grow our international client base and becoming an approved supplier to the Australian Government is an important part of this strategy as it opens up many opportunities. In a difficult market we remain confident regarding the prospects for the Group."
14 December 2010
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