CALGARY, May 23, 2013 /CNW/ - Edleun Group, Inc. ("Edleun" or the "Company") (TSX-V: EDU), a leading provider of quality early childhood education and care in Canada, is pleased to announce that at its Annual General and Special Meeting of Shareholders held on May 22, 2013 a resolution was approved to change the name of the Company from Edleun Group, Inc. to BrightPath Early Learning Inc. The Company has been operating under the Edleun name since its inception on May 15, 2010.
"Today's announcement marks a significant milestone in the next chapter of our Company's evolution. We are all very excited about the name change as we believe this will better reflect who we are and what we do for the families we serve. The caregivers and educators in our centres assist the children on their path through childhood; it is a journey, not a destination," said Mary Ann Curran, Chief Executive Officer of the Company.
"As BrightPath, we market one enterprise with a brand representing the high-quality programming and care we offer across the country, while maintaining our community-based presence."
The change of name will take effect on or around August 1, 2013. The Company's common shares will continue to trade on the TSX Venture Exchange (TSX-V) under a new symbol (TSX-V: BPE).
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 51 operating centres in its portfolio a representing approximately 4,990 licensed child care.
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
For further information:
For further information, please contact Kevin Wilhelm, Director of Marketing of Edleun Group, Inc. at (403) 705-0362 ext.423.