Bluedrop Completes Purchase of Atlantis Systems, Establishing Bluedrop As One of Canada’s Largest Military Training Firms

Bluedrop Performance Learning Inc. (“Bluedrop”) and Atlantis Systems Corp. (“Atlantis”) jointly announced today that they have completed the previously announced plan of arrangement (the “Arrangement”) pursuant to which Bluedrop, through its wholly-owned subsidiary 8682259 Canada Inc., acquired all of the common shares of Atlantis (“Atlantis Shares”) for aggregate cash consideration of C$1,000,000 or approximately C$0.0276 for each Atlantis Share.

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