2012-09-14 22:09:12 -
St. John's, Newfoundland CANADA, September 14, 2012 /FSC/ - Bluedrop Performance Learning Inc. (the "Company")(BPL - TSX Venture), announces that the Company has granted an aggregate of 450,000 incentive stock options (the "Options") at an exercise price of $0.15 per Option to insiders and employees of the Company. The Options will vest over a three year period from the date of grant. The Options are granted in accordance with the Company's Stock Option Plan approved by shareholders on January 5, 2012. The grant of the Options is subject to the final approval of the TSX Venture Exchange.
Bluedrop President and CEO Emad Rizkalla said, "I am confident this move will continue to align the interests of key team members and
the Board with our shareholders."
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Bluedrop Performance Learning (TSX-V: BPL) is an innovator in effective workplace learning for individuals, corporations, the military and the public sector. Through the development and implementation of pragmatic learning technologies and content, Bluedrop improves opportunities for individuals and the overall performance of organizations. CoursePark(r) ( www.coursepark.com
) is Bluedrop's cloud-based learning management solution for enterprise and individual learning and contains over 5000 third party online courses from the world's leading publishers and the expert down the street. The CoursePark platform launched in 2011 and is growing quickly with registered users in 100 countries. It aims to transform workplace learning globally. Bluedrop is also a recognized leader in producing mission critical training solutions for Defence and Aerospace, and provides custom online courseware, virtual training devices and virtual reality simulation for international military and commercial aviation clients. Founded in 1992, Bluedrop has over 100 employees and is headquartered in St. John's, NL with 5 additional offices in Canada and the US.
Rod Craig CA, Chief Financial Officer
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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Source: Bluedrop Performance Learning Inc. (TSX-V: BPL) www.bluedrop.com
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