Press Release: ILX Resorts Incorporated
September 6, 2001
PHOENIX, AZ -- ILX Resorts Incorporated (AMEX: ILX) a leading developer, operator and marketer of upscale flexible-stay
vacation ownership resorts in the Western United States, Wednesday announced the appointment of Brett Thurn as
project director of its planned Nevada timeshare sales operation.
Thurn will assume his position on Sept. 10. He has more than 15 years of vacation ownership development experience,
including senior sales, marketing and managerial responsibilities.
``I am very pleased that Brett Thurn will be joining the senior management team of ILX Resorts,'' said Joe Martori,
chairman and chief executive officer of ILX Resorts Incorporated. ``Brett's very successful tenure at Starwood
Vacation Ownership in Myrtle Beach, S.C. and Orange Lake Country Club in Orlando, Fla. bodes well for our potential
growth in the dynamic Las Vegas vacation ownership market,'' Martori continued.
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 land adjacent to an existing resort in northern Arizona for which the company holds development rights.
It also, through Premiere Vacation Club, 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 http://www.ilxresorts.com.
For more information, contact Joseph P. Martori, chairman at 602/957-2777.
This news release constitutes certain ``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, 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 from time to time
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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Contact:
ILX Resorts Incorporated
Joseph P. Martori, 602/957-2777