CALGARY, Sept. 25, 2012 /CNW/ - Edleun Group, Inc. ("Edleun" or the "Company") (TSX-V: EDU), the leading provider of quality early childhood education and care in Canada, announced today the completion of its first "ECERS-R" quality assurance audit. "ECERS-R" refers to an audit completed using the Early Childhood Environment Rating Scale - Revised and included 17 individual child care centres in Alberta that benefitted from the implementation of Edleun programming following acquisition. This process, conducted by a qualified independent third party, ensures that Edleun's quality improvement program is on track and that the Company is providing a high quality early learning environment.
"When Edleun was created in 2010, we promised all stakeholders, including parents, our employees, shareholders, and the communities that Edleun's child care centres serve, that our model would be different," said Dale Kearns, President of Edleun. "We recognized how difficult it can be for parents to find high quality, fulfilling learning environments for their children and we believed that if we made high quality options available, parents and families would choose Edleun. We now have independent and objective validations from the child care industry's internationally recognized audit program that this commitment is being fulfilled."
Edleun's learning centres achieved a weighted average score of 81%, which compares very favourably to both the total weighted average of all Alberta commercial child care centres of 66% as well as the total weighted average for all commercial and not-for-profit centres of 73%.
"While we are pleased with the results of the quality assurance audit, which indicate that our service and programming are at a level that surpasses both commercial and not-for-profit operators, we will not be complacent," said Mary Ann Curran, Chief Executive Officer of Edleun. "As we grow we will integrate the quality assurance audit into our continuous improvement program and processes that include regular reviews at each learning centre. This will ensure Edleun centres are indeed high quality and parents can be confident that Edleun is the provider of choice for their children."
About Edleun Group, Inc.
Edleun is the leading provider of high-quality, community-based Early Learning & Care child care centres in Canada offering early education and child care services to children ages six weeks to 13 years. Edleun is committed to preparing children for the next step in their education and life, offering families and employers access to and choice of quality early childhood education programs, as well as enhanced opportunities and career advancement for Early Childhood Educators.
Publicly traded on the Toronto Stock Exchange (TSX-V:EDU), the Company's objectives include the acquisition and subsequent improvement of existing child care centres and developing new state-of-the-art Early Learning and Care Centres in underserved Canadian communities.
The Company currently has a total of 46 operating centres in its portfolio and seven in various stages of acquisition, development or redevelopment representing a total of approximately 5,400 licensed child care spaces.
Certain statements in this Release which are not historical facts may constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Any statements related to Edleun's projected revenues, earnings, growth rates, revenue mix, staffing and resources, and product plans are forward looking statements as are any statements relating to future events, conditions or circumstances. The use of terms such as "believes", "anticipated", "expected", "projected", "targeting", "estimate", "intend" and similar terms are intended to assist in identification of these forward-looking statements. Readers are cautioned not to place undue reliance upon any such forward-looking statements. Such forward-looking statements are not promises or guarantees of future performance and involve both known and unknown risks and uncertainties that may cause the actual results, performance, achievements or developments of Edleun to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Forward-looking statements are based on management's current plans, estimates, projections, beliefs and opinions. Except as required by law, Edleun does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change.
The Company undertakes no obligation, except as required by law, to update publicly or otherwise any forward-looking information, whether as a result of new information, future events or otherwise, or the above list of factors affecting this information. Many factors could cause the actual results of Edleun to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements.
Neither 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.
SOURCE: Edleun Group, Inc.
For further information:
Dale Kearns, President of Edleun Group, Inc. at (403) 705-0362, or Nick Hurst of the Equicom Group, Inc. at (403) 218-2835.