11 September 2009
Intellego Holdings plc
('Intellego' or 'the Company')
AGM AND TRADING STATEMENT
Intellego, the AIM traded eLearning and compliance courseware
solutions business, will hold its AGM at 10.00 today at Livingston
House, 2 Queens Road, Teddington, TW11 0LB.
Angus Forrest, Chairman, will make the following statement:
"Intellego has over the last two years increased its scale through a
combination of strong organic growth and acquisition and there is now
a platform for further expansion. We can concentrate on improving
the financial performance and are pleased to update you on the
following new developments.
New Product
"Intellego has developed and today launches a new library of courses
for retailers, Retail Essentials, these include courses on selling
skills, customer service, health and safety, buying and
merchandising, team leadership and loss prevention. These innovative
modules build into a complete training programme for retail staff.
Intellego supplies these courses on a hosted basis, and will provide
reports back to the employer. They can be customised if required.
This further strengthens Intellego's offering in the retail sector
and increases the opportunity to generate recurring revenues.
Current Trading
"eLearning is a cost effective and efficient method of training for
organisations. For this reason, we plan to increase our sales and
marketing expenditure. This will ensure that we are well positioned
to take advantage of increased demand as and when prevailing economic
conditions improve.
"I am confident that, with the changes made last year and the
improvements we are making to the sales and marketing division, we
will see Intellego continue its growth in the next six months."
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Intellego Holdings plc Tel: 0845 0583960
Angus Forrest / Ranjit Roy Choudhuri
Beaumont Cornish Limited Tel: 020 7628 3396
Roland Cornish
Bishopsgate Communications Limited Tel: 020 7562 3350
Maxine Barnes / Robyn Samuelson/Siobhra Murphy
intellego@bishopsgatecommunications.com
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