ILX Group PLC New consulting subsidiary (4037X)

TIDMILX

RNS Number : 4037X

ILX Group PLC

07 February 2013

ILX Group Plc

("ILX" or the "Group")

New consulting subsidiary

ILX Group plc (AIM: ILX), the AIM quoted provider of e-learning software and business training, is pleased to announce a new consulting subsidiary, ILX Consulting Pty ("ILXC"), an organisational improvement and project management services company, continuing the Company's recently stated objectives.

ILXC is located in Sydney, Australia. It has been created to forge a new revenue stream to compliment that already provided by its sister company, ILX Group Pty Ltd, which is based in the region. ILXC will help corporate clients reform their service and supply chain, improve and transform information technology organisations, develop organisational efficiency and provide overall project and program management.

The ILXC founding team is led by David Dowling who has successfully led major programme deliveries in the corporate and shared services sector over a number of years. ILXC will focus on developing the significant relationships which have been built up by its management team and through its sister company ILX Group Pty Ltd. Among the divisions first clients are significant leading Telco and Government businesses.

Wayne Bos, Executive Chairman, ILX Group plc, said:

"We know the ILXC Managing Director David Dowling and his team well, having witnessed their progress over several years. We see major opportunities for combining the proven consulting and project management skills with our own. Additionally, we envisage prospects for introducing ILX training products to the sort of organisations ILXC's team has served so well over the years, and vice versa. We look forward to adding the ILXC solutions and project management platform to our existing consulting offering as part of increasing our global reach. Both ILX Group Pty Ltd and ILXC will see their skills broaden, with increased business delivery and client opportunities."

David Dowling, Managing Director of, ILX Consulting Pty. Ltd., said:

"I admire what ILX Group has achieved in the education field of project management and technology and am excited at our becoming part of the group. The synergies between training and consulting will work to the benefit of our corporate clients and enhance skills development within our business. The credibility that ILX brings will provide additional reach that would otherwise be difficult to achieve, and business development opportunities for us and our customers."

   ILX Group plc                                                                      020 7751 7100 

Contact: John McIntosh

   FinnCap                                                                               020 7220 0500 

Contact: Marc Young/ Charlotte Stranner

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