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A Powerful New Force in Business Process Improvement and Business Process Management Systems

— 7th June 2010, Fleet, UK

Polar Moment Group is proud to announce the acquisition of Inex Business Process Limited, a provider of business process discovery, design and deployment services. Through its SkillSet brand, Polar Moment delivers strategic IT and soft skills training, documentation, eLearning and change management services.

Polar Moment Group owns net assets of £2.1million and recently delivered FY0910 results of net profit £700,000 on a sales turnover of £4million.

With the addition of Inex, Polar Moment Group is now able to provide a unique combination of business process improvement consultancy and services.

With the backing of the new Group, Inex will be expanding and offering a wider range of end-to-end services. It will continue to deliver world class business processes for current and future customers, across all industry sectors.

Tim Stratton, Managing Director and Founder of Polar Moment Group commented, “This acquisition is a strategic fit for both Polar Moment Group and Inex Business Process Limited. It reflects our commitment to help our clients improve business performance and maximise success.”

David Lee, Founder and Commercial Director of Inex Business Process commented, “We are pleased to be joining Polar Moment Group. The group has delivered impressive financial results in the last year, despite the economic climate. This acquisition will enable us to offer a much broader range of services to our customers.”

About Polar Moment Group

Through its SkillSet and Polar Moment brands, Polar Moment Group works with clients across the world to improve business performance and maximise success.

SkillSet is a provider of training, documentation and eLearning to multinational blue chip companies, SMEs and public sector organisations. Its clients include BP, Tesco, UBS, Exxon Mobil and a range of NHS Trusts.

Polar Moment is a leading provider of business and technical consultancy to the payments industry. Clients include Wincor Nixdorf, Euronet, FNIS, ReD, Point Transaction Services, Gemalto, Mi-Pay and S1.

For more information, please visit www.polarmoment.co.uk and www.skillset.co.uk.

About Inex Business Process Limited

Inex is a UK-based provider of business process improvement consultancy services. Its BPM implementation specialists provide consulting and process analysis expertise, as well as the capability to deliver technology to underpin process improvement.

For more information, please visit www.inex.co.uk.

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