Edleun Appoints Dale Kearns to Position of President
April 09 2012 - 8:06AM
PR Newswire (Canada)
CALGARY, April 11, 2012 /CNW/ - Edleun Group, Inc. ("Edleun" or the
"Company") , the leading provider of quality early childhood
education and care in Canada, announced today the promotion of Mr.
Dale Kearns to the role of President of the Company. "Since I
joined Edleun, Dale has been an outstanding partner with me on a
range of operational and strategic initiatives in addition to
managing Edleun's financial affairs," said Ty Durekas, Edleun's
Chief Executive Officer. "His contribution is significant, is
widely recognized by the team at Edleun and hence this promotion is
well-deserved." Mr. Colley Clarke, the Company's Chair added on
behalf of the Board that, "Dale has made an invaluable contribution
to the Company since its inception. He has served shareholders well
by offering his extensive experience, insight and prudent guidance
to the Board while maintaining a professional and balanced
demeanor. At the same time, he has garnered the respect of a
breadth of stakeholders both through his effective communications
with investors and analysts and through his execution of various
capital market initiatives. Hence, we are pleased to recognize this
contribution and enable Dale to further expand upon his
responsibilities to deliver significant profitable growth for
Edleun." 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 , 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 43 centres in its
portfolio including: 38 centres in operation and five in
various stages of development or redevelopment representing 4,463
licensed child care spaces. 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. Edleun Group, Inc.
CONTACT: Ty Durekas or Dale Kearns of Edleun Group, Inc. at
(403)705-0362, orNick Hurst of the Equicom Group, Inc. at (403)
218-2835.
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