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Bluedrop Named Business of the Year

 

Bluedrop named Business of the Year by the Halifax Chamber of Commerce.
Halifax, NS, Canada, January 27th, 2017 - HALIFAX, Nova Scotia--(BUSINESS WIRE)--Bluedrop Performance Learning (“Bluedrop”) (TSX-V: BPL) announced today that its subsidiary, Bluedrop Training & Simulation Inc., has been named Business of the Year by the Halifax Chamber of Commerce. The announcement was made during an award ceremony Thursday, January 26th, 2017, held at the Marriott Harbourfront in Halifax, Nova Scotia. The Halifax Business Awards gala event boasts a spectacular night of entertainment while recognizing Halifax’s risk takers and their success. Eva Martinez, Senior Director of Business Development, accepted the award on behalf of Bluedrop.

Bluedrop is Business of the Year @halifaxchamber! Leading Atlantic Canada in #innovation & #productivity

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Bluedrop was cited by the Profit 500 list for posting over 500% growth in the past 5 years. Its Halifax based subsidiary, Bluedrop Training and Simulation, has grown from a handful of employees just five years ago, to approximately 110 employees today. Martinez said, “We are so proud of the leading-edge innovation that we are able to deliver from Halifax. The work that we do is very well respected and the team is fully engaged and committed to our client’s success.”


Emad Rizkalla, Founder and CEO said, "Not only has Halifax been a driver of our success, we have been very active in all of Atlantic Canada. We are also committed to helping grow the region.” The company’s SkillsonlineNS program was delivered in partnership with Nova Scotia’s Department of Labour & Advanced Education and has already helped over 22,000 workers improve their employability and productivity while supporting over 1,400 businesses & not-for-profits throughout the Province. “Not only are we committed to growing an important export business from our base in the region, we aim to make the region a global Centre of Excellence in the use of learning technology to upskill entire regional workforces. Our learning technology is now in use by governments in all four Atlantic Provinces and has enrolled over 100,000 users in the region.”

In acknowledging Bluedrop’s Halifax team, Rizkalla added, “We are truly humbled to receive this award. Bluedrop's work is global but our roots, most of our staff....and our hearts are still in Atlantic Canada. We are certainly committed to making this region a powerhouse of innovation and productivity. Thank you Halifax Chamber of Commerce for recognizing our exceptional team. I know I am a little biased, but they sure do deserve it! Their brilliance and passion inspire me each and every day.”

About Bluedrop

Bluedrop Performance Learning Inc. (TSX-V: BPL) is an innovator in both the development of workplace e-learning and simulation as well as the way large organizations deliver, track and manage training. Our two divisions serve the world’s leading aerospace and defence organizations as well as broad cross sections of organizations focused on managing system wide health and safety and developing the skills of external workforces. Bluedrop is creating the workforce of the future by improving the effectiveness, speed and costs of training delivery and management. For more information, visit www.bluedrop.com.

This news release may contain "forward-looking information" as defined in applicable Canadian securities legislation. All statements, other than statements of historical fact included in this release, constitute forward-looking information that involve various risks and uncertainties. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect, including, but not limited to, assumptions in connection with the operational efficiencies associated with the integration of technological and financial systems and general economic and market conditions. There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.

Important factors that could cause actual results to differ materially from Bluedrop’s expectations include general global economic conditions. For additional information with respect to risk factors applicable to Bluedrop, reference should be made to Bluedrop's continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, Bluedrop's Annual Information Form and Management’s Discussion and Analysis of Results of Operations and Financial Condition for the year ended September 30, 2016. The forward-looking information contained in this release is made as of the date of this release and Bluedrop does not undertake to update publicly or revise the forward-looking information contained in this release, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Contacts:

Bernie Beckett
Chief Financial Officer
Bluedrop Performance Learning
Mobile: +1 709-739-4938
berniebeckett@bluedrop.com

Zach Macdonald
Chief Financial Officer
Bluedrop Training and Simulation
Mobile: +1 902-430-5758
zachmacdonald@bluedrop.com