BlueVolt® Announces Third Quarter 2011 Results

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BlueVolt® Announces Third Quarter 2011 Results

“There’s much reported about skill gaps, especially in the manufacturing sector, said Don Spear, President and CEO. “Online learning continues as a valuable solution to teach people productivity improving skills.”

BlueVolt announces third quarter 2011 business results.
The third quarter was record-setting for BlueVolt, with the highest number of new learners in a quarter; 18,686 new accounts were established on the Learning Management System (LMS). These and the existing learners were active, enrolling in 95,904 online courses, another quarterly record.
The BlueVolt Learning Management System now offers 19,602 courses and has 171,690 learners. The number of learners has grown 77% YOY.
BlueVolt’s Net Promoter® Score increased to 61% and measures improvement in customer loyalty.
BlueVolt launched two new online universities for Rheem® and Ruud® in the third quarter, both manufacturers in the heating and cooling industry.
Learners earn $BlueBucks™ from BlueVolt’s valuable incentive and reward system as they successfully complete online courses and prove their knowledge. In the third quarter, BlueVolt awarded 89,579 $BlueBucks. $BlueBucks are redeemable for virtual gift cards which are instantly valid at hundreds of online and retail businesses.
BlueVolt hosted its Academy and annual User Group in August with attendees learning to create effective online training and discussing mobile learning and social media in elearning.
“There’s much reported about skill gaps, especially in the manufacturing sector, said Don Spear, President and CEO. “Online learning continues as a valuable solution to teach people productivity improving skills.”

About BlueVolt (http://www.BlueVolt.com): Portland, Oregon-based BlueVolt is the leading provider of online Learning Management Systems (LMS) for the manufacturing, construction and service industries. BlueVolt’s LMS for the extended enterprise delivers easy-to-use training across an entire company and its suppliers, sales channel, associations and customers. The LMS delivers affordable training, verifies knowledge and reports results all in one place. BlueVolt’s unique approach to online training encourages learning with its proven reward program that is valuable to those offering and participating in learning. As of October 2011, BlueVolt has delivered over 1,043,000 courses to over 171,690 registered users. BlueVolt recently won a Learning Leader award from Bersin & Associates for Vendor Innovation in Learning and Talent Management and also was named to the TrainingIndustry.com Learning Portal Companies Watch List for its innovative approach to learning. For more information, visit http://www.BlueVolt.com.

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