St. John's, NL, CANADA, May 01, 2012 /FSC/ - Bluedrop Performance Learning Inc. (BPL - TSX Venture),(the "Company") announces the following executive management changes:
* Rod Craig joins the Company as Vice-President, Finance effective May 1, 2012 and will be appointed as Chief Financial Officer on June 1, 2012, or such other date as determined by the Board of Directors of the Company.
* Ted Howell, currently Chief Financial Officer of the Company, will leave the Company after facilitating a transition period for Mr. Craig.
Mr. Craig holds a BA (Hons) Accountancy and Finance from the Liverpool John Moores University in England. He qualified as a Chartered Accountant in 1995 (Institute of Chartered Accountants in England and Wales) and recently qualified as a Canadian Chartered Accountant (Institute of Chartered Accountants of Newfoundland and Labrador) after completing further examinations. Prior to coming to Canada, Mr. Craig was the Financial Controller of Private Equity owned Betterstore SSC Limited who operated 8 managed locations across the UK. He has 20 plus years of financial management and has experience overseeing quickly growing enterprises. Most recently he served as Manager of Finance and Administration at Oceanic Consulting Corporation in St. John's, NL. Mr. Craig's many years of European experience have provided him a strong background in the International Financial Reporting Standards (IFRS) that the company has recently adopted.
Commenting on these changes, Mr. Emad Rizkalla, President and CEO of the Company said "We are very excited to have Rod join our executive team as we begin another phase in our tremendous growth story. Rod brings IFRS experience and a great background in operational and financial reporting. He understands the technology industry and will be a key asset as we pursue our global ambitions. "
Mr. Rizkalla also remarked that "With the reverse takeover now complete, we felt that it was an appropriate time to make the transition to a new CFO. We thank Ted for his contributions to Bluedrop and for remaining with the Company during a transition period. We wish him the best in his future endeavours."
Bluedrop Performance Learning Inc. (TSX-V: BPL) is an innovator in effective workplace learning for individuals, corporations and the public sector. Through the development and implementation of pragmatic learning technologies and content, Bluedrop improves opportunities for individuals and the overall performance of corporations. CoursePark(r) (www.coursepark.com) is Bluedrop's cloud based learning management solution and contains over 5000 third party online courses. The CoursePark platform launched in early 2011 and has almost 50,000 users in 100 countries. Bluedrop has become 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 Canadian offices in Halifax, Fredericton, Ottawa and Vancouver. For further information, please visit www.bluedrop.com.