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Intellego (ARGP)

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Wednesday 28 April, 2010

Intellego

Disposal






For Immediate Release
                                                                   28 April 2010

                             Intellego Holdings plc
                         ("Intellego" or the "Company")

                                    Disposal

The  Directors of Intellego are delighted to announce that they have sold the UK
distribution  rights for the  EKP range of  Learning Management software back to
NetDimensions  Limited.   This  includes  the  business and assets including the
goodwill  and  customer  list.   Intellego  will  continue  as  an  affiliate of
NetDimensions and will receive commissions on the sale of its products.

These  changes will  allow both  Intellego and  NetDimensions to  concentrate on
their strategic objectives.

Intellego  is  focussed  on  the  provision  of  performance enhancing solutions
through  training - it will increasingly  sell services and proportionately less
of the growth will be achieved through distributing software.

NetDimensions  set  up  its  own  direct  salesforce  in  the  UK  in  2007, the
acquisition  of Intellego's customers increases critical mass in one of Europe's
most important markets.  Further it gives NetDimensions direct and better access
to their end-users in the UK.

As  an  affiliate  of  NetDimensions  Intellego  will  continue  to  sell EKP or
introduce EKP sales leads to NetDimensions but be much less involved in the sale
and technical implementation and after-sale processes.

The  value of the sale is £464,000  with £276,000 being payable on completion to
be  offset  against  the  balance  owing  to NetDimensions and performance based
payments  of up to £94,000  on the next two  anniversaries of the sale.  For the
year  ended  31 March  2010, Intellego  achieved  revenues  of £451,000 from the
business being sold.

Angus  Forrest, chairman of  Intellego, commented "We  have enjoyed working with
NetDimensions  for  the  past  six  years  but  believe  this sale and change in
relationship will be good for both parties enabling each to concentrate on their
core  strengths to attain their strategic objectives.  We will be focused on the
use  of  the  software  platform  that  is  the  content, services and providing
performance   enhancement  through  training  in  our  chosen  market  verticals
(healthcare, retail and financial services) and building a profile of excellence
in these markets."

Jay  Shaw, CEO of NetDimensions, said "This  deal will give us direct and better
access  to our end-users in  the UK and will  have a positive impact on margins.
Furthermore  this acquisition will increase our UK profile and provide us with a
better staffed operating entity in the UK to drive and support local sales."

For further information:

Intellego Holdings plc
Angus Forrest
Tel: 0845 058 3960

Beaumont Cornish Limited
Roland Cornish
Tel: 020 7628 3396




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