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Technology Stocks : Lightspan Inc, (LSPN)

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To: Xenogenetic who started this subject9/17/2001 4:57:00 PM
From: Paul Lee   of 58
 
Lightspan Boosts Contract, Increases Presence in Key Urban Market


Philadelphia School District Sees Results,

Expands Use of Lightspan Achieve Now Software

SAN DIEGO, Sept. 17 /PRNewswire/ -- Lightspan, Inc. (Nasdaq: LSPN), a leading provider of quality curriculum-based software and Internet products and services used in schools and homes, announced today that the Philadelphia school district has agreed to purchase an additional $400,000 worth of Lightspan Achieve Now software.

John Kernan, Lightspan Chairman and Chief Executive Officer, said, "The Philadelphia school district has been a very important urban customer for Lightspan for more than four years. Over that time, our field staff has worked closely with the district to ensure a quality implementation with Lightspan Achieve Now, and we greatly appreciate the school district's significant vote of confidence, which this purchase demonstrates."

The School District of Philadelphia is the seventh largest in the nation, with 264 schools and over 200,000 students.

The Philadelphia school district first purchased Lightspan Achieve Now in 1997, and the district's Director of Instructional Technology, Ursula Willis, said, "As with most urban school districts, we serve a racially and ethnically diverse student population and if we are to realize our goal of creating a world-class education system, we need to help all students learn. Lightspan Achieve Now has helped us reach out to all of those students. It's been a very good investment for the Philadelphia school district and we look forward to building on that investment, as we expand Lightspan Achieve Now into more schools and classrooms."

Lightspan Achieve Now features an award-winning curriculum program and motivating, interactive software aligned to state standards. Lightspan Achieve Now software can run either on a Windows personal computer or a PlayStation(R) game console attached to a standard television set, allowing learning to move from the classroom to the home -- so both educators and families can play key roles in students' progress. Research involving more than 26,000 students in over 700 schools documents achievement gains in Reading, Language Arts, and Mathematics, for students using Lightspan materials.
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