ILA Ila Group

TIDMILA

RNS Number : 5320Z

Ila Group Limited

17 January 2011

ILA GROUP LIMITED

ILA SECURES SIGNIFICANT SCANDINAVIAN CONTRACT BY SIGNING A $250,000 ORDER FROM A LEADING ELECTRONICS RETAILER

Ila (AIM: ILA), is pleased to announce its first order from Elkjop Norway AS ("Elkjop"), a leading Norway consumer electronics and electrical household appliances retailer. This significant order is worth in excess of $250,000 and is for Dusk personal alarms, Pebble key ring alarms, Hook handbag protectors and Wedge door alarms to be sold in Elkjop's range of outlets across Norway, Sweden, Finland and Denmark.

Elkjop, which started trading in 1962 has 96 stores with 3,000 employees in Norway, and is part of Elkjop Nordic, the largest electrical retailer in the Nordic countries. Elkjop Nordic had turnover of NOK 20 billion in FY year 2009/10 and is a subsidiary of Dixons Retail plc (formerly DSG International PLC).

Simon McGivern, CEO of ILA commented,

"This significant order shows how quickly Ila is maturing and is another order received for a variety of products across the portfolio, highlighting the success of the recently launched new product range.

Elkjop is yet another market leader to understand and enthusiastically welcome our products. It is very encouraging to see so many experts in their home territories understanding the potential of the Ila brand and products.

Overall, this adds further credence to Ila having a robust business model and brings the number of countries in which we are selling our product range, to date, to more than twenty".

17th January 2011

For further information, please see www.ilasecurity.com or contact:

Ila Group Limited 020 7501 1050

Simon McGivern, Chief Executive Officer

Paul Gazzard, Chief Operating Officer

finnCap 020 7600 1658

Ed Frisby/Ben Thompson - corporate finance

Joanna Weaving - corporate broking

Lothbury Financial Services 020 7868 2010

Gary Middleton

Simon Astley

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCQZLFFFFFEBBF

Ila Group (LSE:ILA)
Historical Stock Chart
From Oct 2024 to Nov 2024

Ila Group (LSE:ILA)
Historical Stock Chart
From Nov 2023 to Nov 2024