Bluedrop Secures Additional $2.2 M (US) in Work as Part of CFTS Program

Bluedrop will deliver several upgrades to the existing flight simulators used in training Multi-Engine & Helicopter pilots in the Royal Canadian Air Force

HALIFAX, Nova Scotia--(BUSINESS WIRE)-- Bluedrop Performance Learning Inc. (“Bluedrop”) (TSX-V: BPL) through its subsidiary Bluedrop Training & Simulation Inc., was recently awarded a contract by KF Aerospace Defence Programs, operators of the Canadian Forces flight training program in Southport, Manitoba, to deliver visual systems upgrades to several existing flight simulators for the Contracted Flying Training and Support (CFTS) Program. These upgrades are part of a larger scope of work that sees KF Aerospace Defence Programs and Bluedrop providing the Royal Canadian Air Force's Primary, Rotary Wing and Multi-engine Pilot training until 2027.

The visuals upgrade program will provide the pilots with the most up to date visual systems and training systems available. The upgrades will be implemented at the Hilly Brown Building as part of the flight training program led by KF Aerospace Defence Programs and supported by Bluedrop Training & Simulation, Canadian Helicopters (HNZ) Ltd., and Canadian Base Operators. Located in Southport, Manitoba, the CFTS program has a majority role in training 80% of new pilots in the RCAF every year.

By working together with our corporate partners and the Royal Canadian Air Force (RCAF) Bluedrop will be meeting the current and future training needs of our student pilots. The project is valued at (US) $2.2 million and will be delivered including all associated training and certifications by the Bluedrop Simulation team.

“We are very pleased to be a member of the CFTS Program supplying state-of-the-art technologies to the air force,” said Jean-Claude Siew, Vice President of Simulation & Technology, Bluedrop Training & Simulation. “CFTS is one of our most demanding projects and we look forward to supporting KF Aerospace Defence Programs in continuously improving training effectiveness.”

About Bluedrop Training & SimulationBluedrop 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, visit www.bluedrop.com

Disclosure Statement

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, including, without limitation, statements regarding the impact of the operational restructuring and future plans and objectives of Bluedrop, 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 Management’s Discussion and Analysis of Results of Operations and Financial Condition For the year ended September 30, 2014. 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: http://www.businesswire.com/news/home/20160112005868/en/

Bluedrop Performance Learning
Lynn Hammond, 709-330-1260
Director of Corporate Communications
[email protected]

Source: Bluedrop

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