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BLP Bluepoint Data, Inc.

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Share Name Share Symbol Market Type
Bluepoint Data, Inc. TSXV:BLP TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

BluePoint Data, Inc. Announces Revised and Re-Filed First Quarter (IFRS) Report Dated March 31, 2011

03/11/2011 7:01pm

Marketwired Canada


BluePoint Data, Inc. (TSX VENTURE:BLP), an established provider of "Cloud" NOC
(Network Operations Center), Virtual Servers and Data Protection services
announces that as a result of a review by the Ontario Securities Commission in
connection with the filing of the Company's unaudited first quarter financial
report of 2011 prepared under International Financial Reporting Standards (IFRS)
on June 29, 2011(the First Quarter Report), it has revised and re-filed the
First Quarter Report for the three months ended March 31, 2011.


The only change compared to the First Quarter Report that was previously filed,
is the addition of an interim consolidated statement of shareholder's equity for
the three-month periods ended March 31, 2011 and March 31, 2010 as required
under subsection 4.3(2)(b) of National Instrument (NI) 51-102, and under
paragraph 20(c) of International Accounting Standard 34 Interim Financial
Reporting.


The re-filed First Quarter Report which includes the above-noted revision has
been filed with the Canadian Securities Regulators on SEDAR and may be viewed on
the Company's profile at www.sedar.com. 


About BluePoint Data Storage

BluePoint delivers Cloud NOC services, Virtual Servers, Electronic Storage,
Off-site Data Protection, and System Monitoring & Recovery Solutions that ensure
the availability and protection of corporate data. BluePoint manages these
systems with unparalleled server and networking expertise, guarantees high
performance and availability, and ensures solutions are on par with the current
state-of-the-art. There are currently 44,423,405 BLP common shares outstanding
as of the date of this release.


Safe Harbor

This release may contain forward-looking statements that involve risks and
uncertainties. These statements may involve known and unknown risks,
uncertainties and other factors which may cause the actual results, performance
or achievements of BluePoint or industry results to be materially different from
any future results, performance or achievement expressed or implied by such
forward-looking statements. Such factors include, among others, the following:
general economic and business conditions, demographic changes, regulation, major
technology changes, timing of product introductions, competition and the
Company's ability to attract and retain key employees.


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