Canada's Pioneering eLearning Company Goes Public

Share Article

Bluedrop Performance Learning Celebrates First Day of Trading on the TSX Venture Exchange

News Image
“The combination of technology, people and experience that we now have around the table means great things for Bluedrop. We will reduce our product roadmap for CoursePark® by one year and gain immediate access to markets in South America,”

Bluedrop Performance Learning started a new era of business when the TSX Venture Exchange opened this past Friday. A recently completed business transaction with Serebra Learning Corporation will see Bluedrop, long recognized as a pioneer and thought leader in eLearning, become Canada’s largest full service eLearning company. It becomes one of the few technology companies from Atlantic Canada to cross over the Public trading threshold.

Emad Rizkalla, President and CEO, said the timing for the business was just right. “Bluedrop and Serebra shared a similar vision. We were both interested in changing the world and determined to make a positive impact by combining innovation with a passion for accessible learning that helps individuals and companies succeed.”

Bluedrop now has over 100 employees in five (5) offices throughout Canada. This number is expected to increase dramatically over the next 18 months as new projects are kicked off and opportunities are realized.

“The combination of technology, people and experience that we now have around the table means great things for Bluedrop. We will reduce our product roadmap for CoursePark® by one year and gain immediate access to markets in South America,” said Rizkalla.

The company will keep the name Bluedrop Performance Learning and trade on the TSX Venture Exchange under the symbol TSX-V: BPL.

About Bluedrop

Bluedrop Performance Learning (TSX-V: BPL) is an innovator in online eLearning applications and a developer of custom courseware.

Through the development and implementation of pragmatic learning technologies and content, Bluedrop improves opportunities for employees and the overall performance of corporations. CoursePark® (http://www.coursepark.com) is Bluedrop’s cloud based learning management solution and contains over 5000 third party online courses from MS Excel to Leadership to Health and Safety. The CoursePark platform is barely out of beta testing and already has almost 50,000 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 100 employees and is based in St. John’s NL with offices in Halifax, Fredericton, Ottawa and Vancouver.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Jenny Carroll
Bluedrop
709.739.4981
Email >