Halifax, NS, Canada, May 28th, 2019 – – Bluedrop Performance Learning (“Bluedrop”) (TSX-V: BPLI) and its subsidiary Bluedrop Training & Simulation are pleased to announce that it has received a sub-contract of more than $4 million from Calian Group Ltd. (TSX:CGY) that extends eLearning services by another three years at the Tactics School Army Learning Support Centre located in Gagetown NB and to continue the development and support of courseware projects by providing eLearning production, distribution and related support services.
“We are proud of the continued trust that Calian has in our team to contribute to the development and delivery of quality eLearning content, which will continue to shape the future of training and simulation,” said Jean-Claude Siew, Bluedrop Vice-President Technology & Simulation.
“With support from our training partners, I am very pleased to see Calian continue our strong and trusted training relationship with our largest customer, DND,” stated Kevin Ford, CEO, Calian Group. “Calian is honored to continue to support mission readiness for CAF members.”
About Bluedrop Training & Simulation
Bluedrop Training & Simulation designs and develops advanced training systems and state-of-the-art simulation products to safely train operators and maintainers of complex equipment. Our approach leverages innovative technology to provide cost-effective blended-media training content, from classroom instruction and computer-based training (CBT) through to high-fidelity training devices. Bluedrop Training & Simulation is a small to medium-sized enterprise (SME) providing a strong value proposition offering 100% Canadian designed and developed solutions.
For more information about Bluedrop Training & Simulation, visit www.bluedropts.com. You can follow us on Twitter: @Bluedrop BPL.
Bluedrop Performance Learning Inc. (TSX-V: BPLI) is an innovator in both the development of workplace eLearning 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
Calian employs over 3,200 people with offices and projects that span Canada and global markets. The company’s capabilities are diverse with services delivered through two divisions. The Business and Technology Services (BTS) Division is headquartered in Ottawa and includes the provision of business and technology services and solutions to industry, public and government in the health, training, engineering and IT services domains. Calian’s Systems Engineering Division (SED) located in Saskatoon provides the world’s leading space technology companies with innovative solutions for testing, operating and managing their satellite networks. SED provides leading-edge communications products for terrestrial and satellite networks, as well as providing commercial (including agriculture) and defence customers with superior electronics engineering, manufacturing and test services for both private sector and military customers in North America and Europe. www.calian.comThis 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, 2018. 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.
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Chief Financial Officer
Bluedrop Performance Learning Inc.