I need to tell you about a change in our company name and the consequent effects on how customers, partners and suppliers interact with us.

We launched as CORETX in early 2016, as that was the name of our data network, which many of our original products and services were delivered across.

Since then, we have developed significantly as a company, investing in new cloud, networking, cyber-security and lifecycle asset management solutions. We also acquired 365ITMS, broadening our capabilities in unified communications, voice and collaboration.

As you may be aware, during 2017 we have been involved in a trademark dispute with an IT services business called Coreix. The legal process has concluded with us being instructed to no longer use the name CORETX and to change the names of all of our entities that contain the name CORETX.

We have taken this outcome as an opportunity to break from the past and select an all new identity. We have chosen IDE Group as our new name. This fresh start orientates us to look forwards, as we continue to develop our business.

The change to IDE Group is effective from 1 December 2017. We have written to customers, partners and suppliers, explaining that they need to be aware of a relatively limited set of changes in how they interact with us. Those changes are specified in a FAQs page on our new website, which go live on 1 December: www.idegroup.com/rebrand-faqs.

I do hope you find this information useful. However, if you have any further questions, please speak with your usual company contact or email: rebrandteam@idegroup.com.

Best regards,

Andy Ross

CEO, IDE Group