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Intellego Holdings PLC (ARGP)

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Tuesday 31 January, 2012

Intellego Holdings PLC

Intellego : change of year-end and trading update

Intellego : change of year-end and trading update

For immediate release                                       31 January 2012

("DLM" or the "Company")

Change of year-end and trading update

The Directors of the DLM, the AIM traded digital learning business, announce a change of the year-end to 31 December and are pleased to provide a trading update.

Change of year-end

Since 1 April 2011, the Company has completed its CVA, acquired a serious games business, PIXELearning Limited, and appointed a new Chief Executive, Andy Hasoon.  Furthermore, it has taken an option to acquire the Digital Learning Marketplace project, a revolutionary learning platform designed to allow Corporations, SME businesses and professionals to access and build truly personalised learning from materials supplied by a diverse range of providers.  In view of these significant developments, the Company changed its name on 4 January 2012 to Digital Learning Marketplace Plc.  For operational reasons and to align the company to the calendar year the Directors have decided that it is appropriate to change the year-end to 31 December, with the next audited accounts for the 9 months ended 31 December 2011 to be published by 31 May 2012.

Trading update

As reported in the Chairman's Statement of the interim accounts, the Company' sales are growing.  There continues to be considerable interest in the Company's products, particularly its offerings that incorporate serious games and are seen as immersive learning solutions.  In addition to winning orders from existing customers, we are negotiating with numerous new customers.

The Company's stand at the 2012 Learning Technologies exhibition at Olympia on 25 and 26 January generated new contacts and opportunities for future business.  During this exhibition we had significant interest in our role play engine and our Mobile Applications creation capability.


For further enquiries please contact:
Digital Learning Marketplace Plc                    Tel: 020 7408 4720
Angus Forrest / Andy Hasoon

Beaumont Cornish Limited (NOMAD)            Tel: 020 7628 3396
Roland Cornish

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

Allenby Capital Limited (Broker)                      Tel: 020 332 5656
Nick Naylor / Nick Athanas

Leander (Financial PR)                                     Tel: 07795 168157
Christian Taylor-Wilkinson

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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