BlueVolt Achieves Record Third Quarter Business Results

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BlueVolt Learning Management System (LMS) Set New Records in the Third Quarter 2012 with 159,828 Course Enrollments and 122,885 Course Completions.

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BlueVolt Learning Management System (LMS) set new records in the third quarter 2012 with 159,828 course enrollments and 122,885 course completions. A 30% increase in completions over the previous high mark, set in the first quarter 2012 and a 94% increase over the same period in 2011.
The system user base increased by 15,993 learners and 1,362 new courses were added in the quarter. There are now 15,697 courses available on the LMS. Learners earned 137,468 $BlueBucks, BlueVolt’s built-in incentive and reward system, for successfully completing training.

BlueVolt launched two new online Universities: a skills, product and branding hub for US Motors/Nidec Motor Corp and a syndication university for Leviton. BlueVolt’s online Universities provide a central location for customers’ online and offline training efforts which make it easy to train, track and reward employees and participants throughout the sales channels.
“Another high growth quarter for our Learning Management System demonstrates that even more companies in the building and construction trades are realizing the benefits and cost savings of training their employees and sales channels online.” said Don Spear, BlueVolt president and CEO. “And it’s great to see so many users earning $BlueBucks as rewards for proving what they learned.”

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 2012, BlueVolt has delivered over 1,491,000 courses to over 239,000 registered users. BlueVolt won a Gold Excellence in Technology award from Brandon Hall, 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 and their Top Workforce Development Providers list.

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JulieAnna Giannini
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