Portland, ORE. — BlueVolt® announces its fourth quarter 2009 business results.
BlueVolt launched one new university; Johnstone University for Contractors in the fourth quarter. With the addition of this new university and new courses added by existing customers, BlueVolt now offers 7,467 online courses on its Learning + Marketing Platform.
Growth in users continued in the fourth quarter, with 7,276 additional people signing up for training. This is a 44% increase over the number of new users in the third quarter. During the quarter, 40,861 online courses were delivered.
$BlueBucks, BlueVolt’s valuable rewards system, which is tied to the successful completion of training courses, saw a significant increase in the fourth quarter, with 118,403 $BlueBucks delivered.
“We are pleased with the growth in our user base and the $BlueBucks reward program in the fourth quarter, especially since so many other businesses are continuing to struggle from the effects of the economic downtown” said Don Spear, president and CEO of BlueVolt. “During a time when many companies are still cutting costs, BlueVolt’s unique learning and marketing platform provides our customers with a highly cost effective, pay-for-performance way to reach more people with important training and marketing messages.”
About BlueVolt (www.bluevolt.com):
Portland, Oregon-based BlueVolt connects and advances participants within selected industries through its leading online Learning + Marketing Platform, its comprehensive, quality learning catalog, and its talented professional services team. Platform participants include manufacturers, associations, distributors, contractors, and skilled professionals in selected industries such as electrical, plumbing, flooring, welding, and HVAC. The Platform enables online training and learning experiences including social/collaborative, blended, on-demand and live multi-camera webcast with enterprise-level functionality and performance. BlueVolt’s unique approach to training encourages learning with its proven rewards program that is valuable to both content consumers and content sponsors. As of December 2009, BlueVolt delivered 589,407 courses to 90,757 registered users.