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BlueRush Releases Q2 Fiscal 2013 Financial Results: 22 % Increase in Revenue and a 43 % Increase in Net Earnings Over Q2 Fiscal 2012

Apr 8 2013 12:00AM

Marketwire

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TORONTO, ONTARIO -- (Marketwired) -- 04/08/13 -- BlueRush Media Group Corp. (TSX VENTURE: BTV), announced today that it has filed the company's consolidated financial results for the second quarter ended January 31, 2013. Through its wholly-owned subsidiary, BlueRush Digital Media Corp. ("BlueRush"), the company provides leading-edge digital marketing and technology solutions to many of North America's largest financial institutions and healthcare providers.

Highlights for the fiscal second quarter include:

-- Gross Revenue of $1,369,263: a 22% increase over Q2 fiscal 2012.-- Net Earnings of $38,578: a 43% increase over Q2 fiscal 2012.-- Invitation to participate in the international Blackberry Experience Forums for the launch of Blackberry 10 including: Toronto, Vancouver, San Francisco, Washington, Paris and London-- Signing of a large contract with a top 3 Canadian Life Insurance company to develop a leading edge advisor portal-- Continued increased in the monthly revenue run rate for mobile development-- Increase in the number of large bids submitted to existing clients



Larry Lubin, BlueRush President and CEO commented, "BlueRush continued building upon existing strengths in our primary sectors - financial services and healthcare - by adding new revenues in mobile and professional services. We are also excited about our new product strategy and continue building that side of our business with the view to increase recurring revenues."

Interested investors are encouraged to view the complete consolidated financial statements as well as all other filings which are available at www.sedar.com. Additionally, more information on the company is available at the company's newly-launched website at www.bluerush.com.

About BlueRush Media Group Corp.

BlueRush, through its wholly owned subsidiary, BlueRush Digital Media, is a digital marketing company which combines leading edge technology with award winning creative design. BlueRush helps companies design, develop and manage their end-to-end digital media strategy. BlueRush also creates innovative rich media and social media products and solutions that companies can leverage across all new media platforms including Internet, Web TV, Smartphones, Tablet Computers and Digital Signs. BlueRush Media Group Corp. is a publicly listed company on the TSX Venture Exchange trading under the symbol "BTV." For more information please visit www.bluerush.com.

Cautionary Statements

Certain statements in this press release are forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable by BlueRush Media Group Corp. at the time of preparation, may prove to be incorrect.

Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors, many of which are beyond the control of BlueRush Media Group Corp. There is no representation by BlueRush Media Group Corp. that actual results achieved during the forecast period will be the same in whole or in part as those forecasts. All dollar amounts in this press release are Canadian dollars unless otherwise identified.

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.



Contacts:
Laurence Lubin
President & CEO
(416) 203-0618
larry@bluerush.ca





Source: Marketwire


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