Market Overview

Intertek Group Acquires Alchemy Systems


Alchemy's unique technology platforms and content complement
Intertek's global Assurance business

Alchemy Systems, a global leader in frontline workforce training and
communications, announces that Intertek Group plc, the Total Quality
Assurance provider to a range of industries world-wide, has acquired
Alchemy from The Riverside Company.

Since its founding in 2003, Alchemy's training software and courses have
been deployed by hundreds of food and retail companies including
Kellogg's, Ocean Spray, JBS, Pilgrim's, Shake Shack, The Home Depot,
Tillamook, SoulCycle, and Macy's to train frontline workforces. Every
month, 3 million employees at 50,000 locations use Alchemy to reduce
safety risk and improve operational performance.

"We are delighted to join the Intertek Group," said Jeff Eastman,
Alchemy CEO. "Intertek's global presence and deep expertise in Total
Quality Assurance will enable us to expand our solutions and further
accelerate our international growth."

Intertek is a US$3+ billion revenue public company trading on the London
Stock Exchange (ITRK). Intertek traces its history back 130 years,
including a company started by Thomas Edison. Intertek has 43,000
employees in more than 100 countries providing Assurance, Testing,
Inspection and Certification services across a range of industry sectors.

Alchemy's technology solutions and expertise will strengthen Intertek's
Total Quality Assurance proposition with the expansion of their global
Assurance business into People Assurance, helping companies mitigate
safety risks and increase operational effectiveness through effective
training, communications, and operational programs.

"Alchemy's unique focus on frontline workforce training is critical for
safety and operational execution," said André Lacroix, Intertek Group
CEO. "Our combined solution will provide companies with a higher level
of quality assurance and with greater peace of mind."

About Alchemy

Alchemy is
the global leader in innovative solutions that help food and retail
companies engage with their workforces to drive productivity and safety.
More than 3 million frontline workers at 50,000 locations use Alchemy's
tailored learning, communications, and performance programs to safeguard
food, reduce workplace injuries, and improve operations.

About Intertek

Intertek is a leading Total Quality Assurance provider to industries
worldwide. Our network of more than 1,000 laboratories and offices and
over 43,000 people in more than 100 countries, delivers innovative and
bespoke Assurance, Testing, Inspection and Certification solutions for
our customers' operations and supply chains. Intertek Total Quality
Assurance expertise, delivered consistently, with precision, pace and
passion, enabling our customers to power ahead safely.

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