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PRESS RELEASE from provider: BusinessWire
This content is a press release from our partner BusinessWire. The AP newsroom and editorial departments were not involved in its creation.

Bluedrop to Deliver Its First Vehicle Crew Gunnery Simulator

January 23, 2019

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Jan 23, 2019--Bluedrop Performance Learning (“Bluedrop”) (TSX-V: BPLI) through its subsidiary Bluedrop Training & Simulation Inc has received a $1M contract through the Build in Canada Innovation Program to deliver an innovative new approach to vehicle-based gunnery mission training for land forces.

The vehicle gunnery simulator is an immersive virtual training device to teach, practice, and evaluate remote weapon system crew gunnery skills and communication. The simulator will address target engagement, dangerous malfunctions, firing solutions and techniques as well as vehicle orientation limits (rollover) that may affect gunnery operations in a mission relevant setting. The blend of physical and virtual simulation will heighten mission realism and push the limits of vehicle crew gunnery training available at the operational units. This simulator will be developed in partnership with 5 Canadian Division to help develop new technology.

“Bluedrop is excited to be able to extend our expertise in training and simulation to support innovation within the Canadian Army. We are pleased that this simulator is going to increase access to higher fidelity training at home here in Atlantic Canada” said Jean-Claude Siew, Vice President of Technology & Simulation.

About Bluedrop Training & Simulation Inc.

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 about Bluedrop Training & Simulation, visit www.bluedropts.com You can follow us on Twitter: @Bluedrop_BTSI

About the

This innovation procurement program helps Canadian innovators get their product to market faster, and helps them succeed in the marketplace, by buying and testing innovations in real-operational settings.

Through the program, innovators can sell their per-commercial products or services for testing, but keep the intellectual property and retain all equity in their company. The program pays up to $500,000 for non-military innovations, and up to $1,000,000 for military innovations.

About Bluedrop

Bluedrop Performance Learning Inc. (TSX-V: BPLI) is an innovator in both the development of workplace e-learning and simulation as well as the way large organizations deliver, track and manage training. Our two divisions serve the world’s leading aerospace and defence organizations as well as broad cross sections of organizations focused on managing system wide health and safety and developing the skills of external workforces. Bluedrop is creating the workforce of the future by improving the effectiveness, speed and costs of training delivery and management. For more information, visit www.bluedrop.com

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, 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 Annual Information Form and Management’s Discussion and Analysis of Results of Operations and Financial Condition for the year ended September 30, 2017. 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190123005802/en/

CONTACT: Media contact:

Bernie Beckett

Chief Financial Officer

Bluedrop Performance Learning Inc.

berniebeckett@bluedrop.com

Phone: 709-739-4938

KEYWORD: NORTH AMERICA CANADA

INDUSTRY KEYWORD: EDUCATION TECHNOLOGY SOFTWARE MOBILE/WIRELESS DEFENSE TRAINING OTHER DEFENSE

SOURCE: Bluedrop Performance Learning

Copyright Business Wire 2019.

PUB: 01/23/2019 05:15 PM/DISC: 01/23/2019 05:15 PM

http://www.businesswire.com/news/home/20190123005802/en