About ILX - News Releases
ILX Resorts Announces Appointment of Executive Vice President
Phoenix, Arizona – April 20, 2006 - ILX Resorts Incorporated (AMEX:ILX) announced today the appointment of Ty D. Krehbiel as Executive Vice President of Sales. Most recently Mr. Krehbiel has been Senior Vice President and Project Manager of the Company’s Arizona High Country region, including its Payson and Pinetop resort development, operations and vacation ownership sales. “We are very pleased that Ty will be taking on this important role with the Company,” said Joe Martori, Chairman and CEO of ILX Resorts. He continued, “His demonstrated abilities during more than a decade of leadership of the Kohl’s Ranch sales operation and his earlier sales experience in the Company’s largest sales office are excellent credentials for his new position. We look forward to the benefits the broader application of his talents will have on our core business, sales of vacation ownership interests.”
ILX Resorts acquires, develops, and operates premier timeshare resorts primarily in the western United States that provide its owners with extraordinary vacation experiences. ILX's portfolio of world-class properties includes eight resorts in Arizona, one in Indiana, one in Colorado, one in San Carlos, Mexico and land in Puerto Peñasco (“Rocky Point”), Mexico and Sedona, Arizona, both of which are in the early planning stages. It also, through Premiere Vacation Club, has acquired, and continues to acquire, inventory at the Carriage House in Las Vegas and in addition has acquired inventory at the Scottsdale Camelback Resort in Scottsdale, Arizona. For more information, visit: www.ilxresorts.com. For more information, contact Joseph P. Martori, Chairman or Margaret Eardley, Chief Financial Officer, at 602-957-2777.
This news release may include “forward-looking statements.” Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and many of which are beyond the Company's control. Actual results could differ materially from these forward-looking statements as a result of a number of factors, including but not limited to, economic conditions, the Company's need for additional financing, intense competition in various aspects of its business, the risks of growth, its dependence on key personnel, and other risks detailed in ILX's Securities and Exchange Commission reports. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved. ILX Resorts Incorporated does not assume any duty to publicly update or revise the material contained herein.
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