2012-09-04 16:28:10 -
St. John's, Newfoundland CANADA, September 04, 2012 /FSC/ - Bluedrop Performance Learning Inc. (BPL - TSX Venture), opened trading on Toronto Stock Exchange.
"This is an important milestone in Bluedrop's corporate history," said President and CEO Emad Rizkalla following the event in Toronto this morning. "It caps off a very busy and successful year for our company. Our revenues to date have grown significantly this year and our two lines of business have significant opportunity for future growth. Today we are also launching our state of the art Bluedrop Training and Simulation Centre in Halifax. We have never been stronger as a firm and we have never been more prepared to revolutionize the training industry in our key markets."
is one of the most respected companies ever to come out of Atlantic Canada and one of the few companies based in the region to be invited to initiate the siren on Toronto Stock Exchange. The company began trading on TSX Venture Exchange on January 26, 2012 after a reverse takeover (RTO) of a Vancouver based company.
Rizkalla added, "Being here is humbling and reminds me of why we agreed to become an issuer. We want to acknowledge our fantastic team, exceptional Board, industry leading clients, strong financial and legal partners and enthusiastic shareholders. I would also be remiss if I didn't acknowledge my family who moved to Canada over 35 years ago and sacrificed so much for their children to make a better life in this country. It worked."
Bluedrop Performance Learning (TSX-V: BPL) is an innovator in effective workplace learning for individuals, corporations, the military and the public sector. Bluedrop transforms workplace learning globally. 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. 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 120 employees and is headquartered in St. John's, NL, with 5 additional offices in Canada and one in the US.
709.739.9000 ext 678
Rod Craig CA, Chief Financial Officer
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Source: Bluedrop Performance Learning Inc. (TSX-V: BPL) www.bluedrop.com
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