Bluedrop Ranks Again on PROFIT 500 List of Fastest-Growing Companies among Top 25 Fastest Growing Tech Companies in Canada

ST. JOHN’S, NL / ACCESSWIRE / September 22, 2015 / Bluedrop Performance Learning “Bluedrop” (TSX-V: BPL) is climbing the ladder as one of the fastest growing companies in Canada according to the annual PROFIT 500 list.

– This year Bluedrop ranked #157 in the country with five-year revenue growth of 403%.
– The 2015 ranking is an increase over Bluedrop’s 2014 ranking of #260 in Canada.
– Bluedrop also appears on the list of the fastest growing “technology” companies in Canada at #25.
– Bluedrop is ranked 3rd on the list of fastest growing companies in Atlantic Canada.

“The last five years were certainly very busy. The PROFIT 500 list is an opportunity to take stock of just how much we have achieved. Our goal is to cement our leadership position in our chosen markets. I believe over 400% growth demonstrates we are on our way.” – Emad Rizkalla, Founder and CEO, Bluedrop

About PROFIT500

Published in Canadian Business and online at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their revenue growth over five years.

About Bluedrop

Bluedrop Performance Learning

Bluedrop Performance Learning Inc. (BPL or “Bluedrop”) is the publicly listed parent company for its two operating divisions, Bluedrop Training & Simulation Inc. (BTSI) and Bluedrop Learning Networks Inc. (BLN). Bluedrop owns 100% of each of the two operating companies and provides management oversight and shared corporate and financial services. Bluedrop investments are in the eLearning and training sector.

About Bluedrop Learning Networks

Bluedrop Learning Networks has unique technology that automates and optimizes labour market and training systems. The Bluedrop Learning Networks platform allows organizations to support an increasingly mobile workforce as they move between employers, training providers and supporting agencies. The software enables clients to scale programs, automate process, create partnerships and measure results. Our solutions help workers to manage mandatory certifications, apprentices to track new skills at work, the unemployed to get jobs, the underemployed to advance, dreamers to start businesses, and local businesses to grow.

Bluedrop Training & Simulation

Bluedrop Training & Simulation Inc. 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, visit www.bluedrop.com
Follow Bluedrop on Twitter @bluedrop_BPL

Media contact:

Lynn Hammond
Director of Corporate Communications
lynnhammond@bluedrop.com
709-330-1260
709-570-5691

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, including, without limitation, statements regarding the impact of the operational restructuring and future plans and objectives of Bluedrop, 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 Management’s Discussion and Analysis of Results of Operations and Financial Condition For the Nine Months Ended June 30, 2014. 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.

SOURCE: Bluedrop Performance Learning Inc.

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