Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

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  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Intellego (ARGP)

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Tuesday 15 November, 2011

Intellego

Acquisition of Digital Learning Marketplace






Embargoed until 7am        15 November 2011

                             INTELLEGO HOLDINGS PLC
                         ('Intellego' or 'the Company')

                  Acquisition of Digital Learning Marketplace

The Board of Intellego, the AIM traded digital learning business, is delighted
to announce it has entered into a non-binding memorandum of understanding
("MOU") to acquire an investment in the Digital Learning Marketplace ("DLM")
project from Milamber Limited. There are two phases; development and commercial
exploitation.

Development - the DLM is being built as a revolutionary new learning platform
intended to allow Corporations, SME businesses, and professionals to access
their day-to-day and future learning requirements with the goal of helping them
improve their business performance.  The Directors of Intellego believe that the
DLM will be the first source of truly personalised learning giving users the
ability to create their own focused courses in affordable blocks, built from
materials supplied by a diverse range of providers.  It will enable the owners
of learning content to trade and monetise their learning assets.  Participants
in the project include Pearson Education (19%) and Ashridge Business School
(6%).  The DLM is designed to have global appeal, with engaging content
available in small "bite-sized" units that are easily accessible, and
affordable.

The Consortium partners will (pro rata to their respective interests in the
project) receive a £740,272 grant from the UK Government's Technology Strategy
Board (TSB) ("Grant"), such is the importance of digital learning to the future
education needs within the UK, to provide funds to help the Company finance the
development of the DLM platform. The Consortium partners have agreed to match-
fund the Grant giving the project a total investment of £1,498,224.

Commercial exploitation - the DLM is expected to be fully operational in 2013,
in the interim there will be limited scale commercial trials and testing.

The proposed arrangements comprise an initial investment of up to £160,000 to
secure a majority interest in the project during the two year development stage
followed by Intellego's option to maintain this interest into the exploitation
stage.  If for any reason Intellego decides not to exercise the option then
Milamber has undertaken to buy-back the Interest from Intellego for an amount
equal to Intellego's investment save for the first payment of £40,000.

Milamber, in which Andy Hasoon is a 21% shareholder, (Intellego's CEO and
Director) owns a 6.86% interest in Intellego (40,000,000 ordinary shares of
0.05p).  Accordingly, the transaction is a Related Party Transaction as defined
by the AIM Rules.

The independent Directors of Intellego (being all the Directors with the
exception of Andy Hasoon) having consulted with the Company's Nominated Adviser,
consider that the terms of the MOU are fair and reasonable insofar as the
Company's shareholders are concerned.

Angus Forrest, Chairman of Intellego said: "The investment in the DLM is our
first major transitory move into being a pure digital learning provider. We are
excited by the opportunity, that Andy Hasoon has brought to us, which has the
potential to transform Intellego into a global player, and consider that the
transaction provides a structured approach for Intellego Shareholders to
participate in that opportunity".

Andy Hasoon, CEO of Intellego said: "As the education market aligns ever more
closely with online content and learning, the DLM has created a strategy which
will ensure it remains the leader of this exciting and revolutionary step
change. We promise our customers around the world that we will provide the most
comprehensive, relevant and enjoyable learning experiences available."

                                     -ends-

For further information:

Intellego Holdings plc
Angus Forrest, Chairman        020 8977 8744
Andy Hasoon, CEO

Beaumont Cornish Limited (Nomad)        020 7628 3396
Roland Cornish

Rivington Street Corporate Finance (Broker)        020 7562 3357
Jon Levinson

Allenby Capital Limited (Broker)         020 3328 5656
Nick Naylor / Nick Athanas

Leander (Financial PR)         07795 168 157
Christian Taylor-Wilkinson




NOTES TO EDITORS

About Intellego

Intellego is a digital learning company which specialises in the provision of
productivity improvement, compliance and process change using training to
provide the solutions.  The appropriate solution may be digital learning or
instructor lead, or blended learning a mix of the two, to regulated industries
and distributed workforces.










This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Intellego via Thomson Reuters ONE

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