Company Seeks To Reorganize Its Finances While Continuing to Operate Its Business

Bonnie-Jeanne Gerety Appointed Interim CFO

The iLearningEngines Platform Will Provide AI-Powered Digital Transformation for Insurers Across Denmark, Sweden, Switzerland, The Netherlands and the UK

Partnership aims to leverage ILE’s AI Platform and GenLab’s Trusted AI leadership to accelerate Generative AI application development within global enterprises

GURUVANDANAM event highlighted the strong impact of AI-driven education, enhancing student learning and broadening career opportunities

With Azure and Fabric Integrations Provided by Exult Global, iLearningEngines Reduces IT Infrastructure Complexities, Enabling Users to Focus on AI Solutions That Enhance Productivity and Business Outcomes

BETHESDA, Md., Aug. 29, 2024 (GLOBE NEWSWIRE) -- iLearningEngines, Inc. (NASDAQ: AILE) (“iLearningEngines” or “ILE”) a leader in AI-powered learning and work automation for enterprises, today issued the following statement in response to claims made in a short seller report issued on August 29, 2024:

BETHESDA, Md., Aug. 15, 2024 (GLOBE NEWSWIRE) -- iLearningEngines, Inc. (NASDAQ: AILE) (“iLearningEngines” or “ILE”), a leader in AI-powered learning and work automation, today announced that management will participate at the following upcoming investor conferences:

Second quarter revenue grew 33.9% year-over-year to $135.5 million

BETHESDA, Md., Aug. 12, 2024 (GLOBE NEWSWIRE) -- iLearningEngines, Inc. (NASDAQ: AILE) (“iLearningEngines” or “ILE”), a leader in AI-powered learning and work automation for enterprises, today announced that on August 9, 2024 the SEC declared effective ILE’s registration statement on Form S-1 related to the registration for resale of certain existing shares of the ILE’s common stock and warrants held by current shareholders. The company filed the registration statement, in part, to satisfy registration obligations contained in the Amended and Restated Registration Rights Agreement, dated April 16, 2024, by and among iLearningEngines, members of Arrowroot Acquisition LLC, and certain former stockholders of iLearningEngines, Inc.