EDLEUN GROUP, INC. 
By EDLEUN GROUP, INC.
FOR IMMEDIATE RELEASE
December 19, 2011
NEWS RELEASE
EDLEUN ACQUIRES THREE ONTARIO CENTRES
Calgary, Alberta - Edleun Group, Inc. ("Ed leun" or the "Compa ny") (TSX -V: EDU),the leading provider of quality early childhood education and care in Canada, announced today that it has completed the acquisition of three of the four additional Ontario child care centres referenced in the press release dated December 12, 2011. The centres, located in the Greater Toronto Area, comprise 356 licensed spaces.
"Edleun is working hard to play a meaningful role in the provision of childcare in Canada by offering families across the country a high quality child care option while also offering early childhood educators opportunities to grow and develop in their chosen careers," said Mr.Ty Durekas, President and CEO of Edleun. "Our goal is to enhance the quality of early learning and care as well as create new spaces for families in underserved communities. We continue to make sound progress on our eastern Canadian expansion plan as we establish the Edleun brand in this important and dynamic market, paving the way for the Company's near term and future growth."
Edleun purchased the three operating child care centres in one transaction for $4.0 million. The centres comprise 112, 83, and 161 licensed spaces. The three centres are all located in premises leased from third parties under long term leases.These centres are of exceptional quality in a major commercial node of the Mississauga, Ontario area which serve as destinations for parents who benefit from the convenience of the child care in close proximity to their centre of employment. Moreover, the vendor of these centres shares Edleun's passion for high quality care and has in place high calibre educational programming. As such, and with experienced staff and management already in place, the centres will require very few changes to seamlessly integrate into the Edleun system and brand.
The centres are being acquired utilizing the Company's available capital resources and will generate significant and immediate accretion to the company's profitability.
"Following the inception of the Company just over a year and a half ago, we have quadrupled in size through selective acquisition and development of centres that perform well with the support of the families and staff in the communities we serve," said Dale Kearns, Chief Financial Officer of Edleun. "Since the release of our most recent financial results for the third quarter of 2011, the number of licensed spaces that will contribute to revenue and cash flow in the first quarter of 2012 has increased by more than 40% or 1,104 licensed child care spaces. In addition, we have approximately 1,000 previously announced new licensed child care spaces in centres under development and redevelopment to come online in 2012."
The Company today also announced that following due diligence it has elected not to acquire the 70 licensed space centre located in Airdrie, Alberta for $900,000 as previously announced in the press release dated September 26, 2011.
As a result of the above mentioned transactions, Edleun now has a total of 4,641 licensed spaces in 44 Early Learning & Care centres, including centres owned and transactions previously announced to acquire, redevelop or build.
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.
For further information:
Ty Durekas, President & CEO of Edleun Group, Inc., 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.
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).
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