EDU Brightpath Early Learning, Inc.

CALGARY, Sept. 2, 2011 /CNW/ -- CALGARY, Sept. 2, 2011 /CNW/ - Edleun Group, Inc. (TSXV: EDU) (the "Corporation"), the leading consolidator and developer of Early Learning & Care child care centres across Canada, announced today that as part of the annual compensation program for members of the board of directors of the Corporation, seven non-management directors were granted 12,000 options each for an aggregate grant of 84,000 options.  The exercise price of the options is set at 125% of the previous closing market price resulting in an exercise price of $1.16.  Each stock option entitles the holder thereof to acquire one common share of the Corporation.  The stock options vest as to one quarter (1/4) three months following the grant date, one quarter (1/4) six months following the grant date, one quarter (1/4) nine months following the grant date and one quarter (1/4) 12 months following the grant date. The options expire five years from the date of grant. The options were issued to the following directors of the Corporation:  Colley Clarke, Adam Berkowitz, Daniel Gallivan, Gary Goodman, Jeffrey Olin, Mitchell Rosen and John Snobelen. About Edleun Group, Inc. Edleun is the leading provider of high-quality, educational child care in Canada.  The Company is committed to providing children, families and employers with access to, and choice of, quality early childhood education programs, helping Canadians balance their work and family lives. The Company's objectives include the acquisition and improvement of existing child care centres and development of new child care centres across Canada.  Edleun is pursuing the development of new "State of the Art" child care centres in a number of Calgary and Edmonton residential communities which are currently underserved. FORWARD-LOOKING STATEMENTS: 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. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/September2011/02/c8398.html p Leslie Wulf, Chief Executive Officer or Dale Kearns, Chief Financial Officer, of Edleun Group, Inc. at (403) 705-0362, or Nick Hurst of the Equicom Group, Inc. at (403) 218-2835 /p

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