ILX Resorts Incorporated Engages Investor Relations Group, Inc

12th Aug 2002

ILX Resorts Incorporated (AMEX: ILX - News), a leading developer, operator and marketer of upscale flexible-stay vacation ownership resorts in the Western United States, has engaged The Investor Relations Group, Inc. (“IRG”) to serve as its new financial relations, corporate communications and public relations company. IRG, a leading investor and public relations firm based in New York City, will strive to increase investor awareness of ILX Resorts Incorporated within the U.S. market by individually and personally introducing the Company and its management to pre-qualified fund managers and other investment professionals. IRG will also provide a full complement of public relations services to ILX by obtaining various media interview opportunities including television, radio, magazines, trade publications and newspapers.
Joe Martori, Chairman and CEO of ILX Resorts commented, “I am impressed with The Investor Relations Group’s track record of introducing and cultivating long-term relationships between their portfolio companies and premier fund managers. Commensurate with our successful growth, we feel this is the opportune moment to begin to broaden our existing investor base and increase awareness of our Company by incorporating a more affirmative outreach program.”

In the future, all investor inquiries relating to ILX Resorts should be directed to The Investor Relations Group, New York, N.Y., 10005. Telephone: 212.825.3210.

About ILX Resorts Incorporated

ILX Resorts Incorporated develops, operates and markets upscale vacation ownership resorts. The company`s current portfolio of resorts consists of six resorts in Arizona, one in Indiana, one in Colorado, one in San Carlos, Mexico, and 44 acres of land one mile from the Las Vegas Strip, for which the Company holds development rights.

Through ILX’s Premiere Vacation Club, the Company has acquired and continues to acquire inventory at The Carriage House in Las Vegas. The company markets its vacation ownership interests primarily through its Premiere Vacation Club. Internet users can visit the ILX Resorts Incorporated web site at




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