2010 News Releases

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11/09/10K12 Inc. Reports First Quarter 2011 Results and Provides 2011 Outlook
Revenue of $134.9 million, represents a 26.8 percent increase over prior year and marks the 25th consecutive quarter of record revenue. Virtual Academy business remains strong. Capitalizing on record revenues and excellent liquidity, K12 makes significant investment in acquisitions and new strategic initiatives during period Significant expansion of institutional and international businesses announced for second quarter Board strengthened with addition of Dr. Craig Barrett, retired Cha... 
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11/08/10K12 Inc. Announces Upcoming Investor Conferences
HERNDON, Va., Nov 08, 2010 (BUSINESS WIRE) -- K12 Inc. (NYSE:LRN), the nation's largest provider of proprietary curriculum and online school programs for students in kindergarten through high school, announced today it will present at the following investor conferences: JP Morgan Ultimate Services Conference, New York, NY Tuesday, November 9, 2010, 2:45 PM (ET) Signal Hill Education Conference, Baltimore, MD Wednesday, November 10, 2010, 2:15 PM (ET) Each presentation will be webcast liv... 
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11/08/10K12 Inc. Announces Strategic Investment in China-based Company, Web International English
Move positions K12 to significantly expand its global reach and distribution. HERNDON, Va., Nov 08, 2010 (BUSINESS WIRE) -- K12 Inc. (NYSE: LRN), one of the largest providers of proprietary curriculum and online school programs for students in kindergarten through high school in the U.S., announced today that its Board of Directors has approved a strategic investment in Web International English ("Web"), a leading education provider in China. The $10 million investment gives K12(R) a 20% ... 
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11/02/10K12 Inc. Announces Acquisition of American Education Corporation
HERNDON, Va., Nov 02, 2010 (BUSINESS WIRE) -- K12 Inc. (NYSE: LRN), one of the nation's largest providers of proprietary curriculum and online school programs for students in kindergarten through high school, announced today the entrance into a definitive agreement, under which K12 will acquire American Education Corporation (AEC), a leading provider of research-based core curriculum instructional software for kindergarten through adult learners. The acquisition increases K12's portfolio of in... 
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10/27/10K12 Inc. Announces Partnership with National Society of High School Scholars
HERNDON, Va., Oct 27, 2010 (BUSINESS WIRE) -- K12 Inc., the nation's largest provider of proprietary curriculum and online school programs for students in kindergarten through high school, is announcing an exclusive new partnership with The National Society of High School Scholars (NSHSS). The partnership gives members of NSHSS special access to more than 130 high quality online high school courses through K12's online private school - The K12 International Academy. NSHSS students will be able... 
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10/25/10K12 Inc. First Quarter 2011 Earnings Release Date and Conference Call Details
HERNDON, Va., Oct 25, 2010 (BUSINESS WIRE) -- K12 Inc. (NYSE:LRN) announced today it will release first quarter fiscal year 2011 financial results before the open of the market on Tuesday, November 9, 2010. The Company will host a conference call to discuss the results at 8:30 a.m. eastern time (ET) the same day. A live webcast of the call will be available on the K12 Company web site at www.k12.com through the investor relations link. To participate in the live call, investors should dial 866... 
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10/13/10Blackboard and K12 Inc. Partner to Develop Innovative Online Solution to Improve College Remediation
Effort Aims for More Engaging, Effective Courses at Lower Cost to Institutions   WASHINGTON and HERNDON, Va.– October 13, 2010 – With an estimated 60 percent of all first year community college students needing at least one remedial course, the cost of re-learning basic skills is a growing problem for students, their families and institutions of higher education. To help address the issue, Blackboard Inc. (Nasdaq: BBBB) and K12 Inc. (NYSE: LRN) today announced plans to develop an innovati... 
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09/29/10Retired CEO/Chairman of Intel Dr. Craig Barrett Joins K12 Inc. Board of Directors
HERNDON, Va., Sep 29, 2010 (BUSINESS WIRE) --K12 Inc. (NYSE:LRN) announced today that Dr. Craig Barrett, retired CEO/Chairman of the Board of Intel Corporation, has joined the Company's board of directors. Dr. Barrett joined Intel in 1974 and is credited with perfecting the manufacturing process for Intel's powerful microprocessors. He retired from his position as Chairman in 2009. Dr. Barrett is a well-known advocate for improving education opport... 
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09/13/10K12 Inc. Reports Fourth Quarter and Full Year 2010 Results
K12's Annual Operating Income Increases 59% on 22% Revenue Growth HERNDON, Va., Sep 13, 2010 (BUSINESS WIRE) --K12 Inc. (NYSE:LRN), a leading provider of proprietary, technology-based curriculum and education services created for individualized learning for students in kindergarten through 12th grade, today announced its results for the fourth quarter and fiscal year ended June 30, 2010. Revenues for the fiscal year 2010 (FY 2010) grew to $384.5 million, an ... 
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09/10/10K12 Inc. Announces Upcoming Investor Conferences
HERNDON, Va., Sep 10, 2010 (BUSINESS WIRE) --K12 Inc. (NYSE:LRN), the nation's largest provider of proprietary curriculum and online school programs for students in kindergarten through high school, announced today it will present at the following investor conferences: Credit Suisse 1st Annual Small Cap Conference, Boston, MA Tuesday, September 14, 2010, 10:30 AM (ET) ... 
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08/31/10K12 Inc. Fourth Quarter 2010 Earnings Release Date and Conference Call Details
HERNDON, Va., Aug 31, 2010 (BUSINESS WIRE) -- K12 Inc. (NYSE: LRN) announced today it will release fourth quarter and full year 2010 financial results before the open of the market on Monday, September 13, 2010. The Company will host a conference call to discuss the results at 8:30 a.m. eastern time (ET) the same day. A live webcast of the call will be available on the K12 Company web site at http://www.k12.com through the investor relations link. To participate in the live call, investors sho... 
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08/17/10K12 Inc. Announces Partnership with Greenfield Public Schools to Open Massachusetts Virtual Academy
First full-time, statewide online public school in Massachusetts will serve students in grades K-8 this year HERNDON, Va., Aug 17, 2010 (BUSINESS WIRE) --K12 Inc. (NYSE:LRN), America's largest provider of proprietary curriculum and online school programs for students in kindergarten through high school, announced today a new partnership with Greenfield Public Schools to launch Massachusetts' first full-time, statewide online public school. The Mass... 
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07/26/10K12 Inc. Announces Acquisition of KC Distance Learning, Inc.
U.S. leader in online learning expands offerings for schools and families domestically and internationally HERNDON, Va., Jul 26, 2010 (BUSINESS WIRE) --K12 Inc. (NYSE: LRN), one of the nation's largest providers of proprietary curriculum and online school programs for students in kindergarten through high school, announced today the all-stock acquisition of KC Distance Learning, Inc. (KCDL), a privately-held, nationally-recognized provider of distance l... 
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06/28/10K12 Virtual Schools Graduate Over 1,000 Students
More than 90 percent of the 2010 graduating class to attend colleges, universities HERNDON, Va., Jun 28, 2010 (BUSINESS WIRE) --Over 1,000 students graduated this year from virtual schools using the award winning, nationally-acclaimed K12(R) curriculum and online school program. K12 Inc., America's largest provider of proprietary curriculum and online school programs for students in kindergarten through high school, operates public vi... 
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06/17/10K12 Inc. and Lawrence Public Schools Launch New Virtual High School Program in Kansas
Lawrence Virtual High School will serve 9th and 10th grade students across the state HERNDON, Va. & LAWRENCE, Kan., Jun 17, 2010 (BUSINESS WIRE) --K12 Inc. is expanding its partnership with the Lawrence Public Schools USD 497 to provide a virtual high school program for students in Kansas. Lawrence Virtual High School (LVHS) will serve students in ninth and tenth grades using the award-winning K12(R) High School program along with K12's comprehensive tec... 
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06/16/1060 Chicago Students Graduate from Youth Connection Charter School Virtual High School, Powered by K12: Chicago's First Online Dropout Recovery Program
CHICAGO, June 16, 2010 /PRNewswire via COMTEX/ --Inaugural Graduation Highlights Powerful Partnership between K12, Charter School, Community College, and Chicago Public Schools to Reach At-Risk Youth On Friday, June 11, sixty students graduated from Chicago's first and only online high school dropout recovery program. Youth Connection Charter School (YCCS) Virtual High School, powered by K12, provides online courses to Chicago students, ages 18-21, who dropped out of school and need 7 or fewer... 
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05/12/10K12 Inc. Announces Upcoming Investor Conferences
HERNDON, Va., May 12, 2010 (BUSINESS WIRE) --K12 Inc. (NYSE: LRN), the nation's largest provider of proprietary curriculum and online school programs for students in kindergarten through high school, announced today it will present at the following investor conferences: RW Baird 2010 Growth Stock Conference, Chicago, IL Tuesday, May 18, 2010, 1:20 PM (CT) Bank of America / Merrill Lynch Services Conference, New York, NY Wednesday, May 26, 2010, 11:... 
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05/10/10K12 Inc. Reports Third Quarter 2010 Results
K12's Third Quarter Revenues up 25%, Operating Income Increases 40% HERNDON, Va., May 10, 2010 (BUSINESS WIRE) --K12 Inc. (NYSE:LRN), a leading provider of proprietary, technology-based curriculum and education services created for online delivery to students in kindergarten through 12th grade, today announced its results for the third quarter of fiscal year 2010. Revenues for the third quarter of fiscal year 2010 (FY 2010) grew to $96.6 million, an increase... 
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05/05/10K12 Inc. Wins Multiple Awards from the United States Distance Learning Association
K12 honored for excellence in distance learning in 2010 ST. LOUIS, May 05, 2010 (BUSINESS WIRE) --K12 Inc. announced today that it won multiple awards from the United States Distance Learning Association (USDLA) for excellence in the field of distance learning. The United States Distance Learning Association (USDLA) presented its 2010 International Distance Learning Awards to K12(R) in conjunction with its 2010 National Conference in St. Louis, Missouri. ... 
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04/26/10K12 Inc. Third Quarter 2010 Earnings Release Date and Conference Call Details
HERNDON, Va., Apr 26, 2010 (BUSINESS WIRE) --K12 Inc. (NYSE: LRN) announced today it will release third quarter 2010 financial results after the close of the market on Monday, May 10, 2010. The Company will host a conference call to discuss the results at 5:00 p.m. Eastern Time (ET) the same day. A live webcast of the call will be available on the K12 Company web site at www.k12.com through the investor relations link. To participate in the live call, ... 
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04/14/10Middlebury College and K12 Inc. To Create Online Language Learning Business and Expand Language Academies
New venture leverages language expertise of Middlebury College and its Language Schools, and K12's leadership in online education to develop new world-class online foreign language programs MIDDLEBURY, Vt. & HERNDON, Va., Apr 14, 2010 (BUSINESS WIRE) --Middlebury College, the leader in foreign language teaching among the nation's higher education institutions, and K12 Inc. (NYSE: LRN), a technology-based education company and national leader in online ... 
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04/09/10K12 Inc. Wins ACG National Capital 2010 Corporate Growth Award
HERNDON, Va., Apr 09, 2010 (BUSINESS WIRE) --K12 Inc. (NYSE:LRN) announced today that it won the ACG National Capital 2010 Corporate Growth Award for companies in the Washington, D.C. metro area with between $100 and $500 million in revenue. The award was presented last night at the ACG National Capital awards gala in McLean, VA. The award is given to the company that best demonstrated consistent, sustainable and profitable growth, along with other fact... 
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04/08/10K12 Inc. Announces New Executive Vice President and Chief Financial Officer
HERNDON, Va., Apr 08, 2010 (BUSINESS WIRE) --K12 Inc. (NYSE:LRN) announced today that Harry T. Hawks is the company's new Executive Vice-President and Chief Financial Officer. Mr. Hawks will join the company in early May. Mr. Hawks, 56, is an experienced corporate executive and financial expert. He joins K12 following a distinguished career in the broadcast media industry, most recently serving as Executive Vice-President and Chief Financial Officer at ... 
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03/30/10K12 Inc. to Host Investor Day
HERNDON, Va., Mar 30, 2010 (BUSINESS WIRE) --K12 Inc. (NYSE:LRN), the nation's largest provider of proprietary curriculum and online school programs for students in kindergarten through high school, announced today it will host an Investor Day for analysts and institutional investors on Tuesday, April 13, 2010 in Chicago. Ron Packard, CEO and Founder, along with other members of senior management will make presentations on the Company's business, curric... 
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03/16/10K12 Online Public Schools Now Enrolling Students for 2010-2011 School Year
HERNDON, Va., Mar 16, 2010 (BUSINESS WIRE) -- K12 Inc., the largest provider of proprietary curriculum and online school programs for students in kindergarten through high school, announced today that it has launched enrollment for the 2010-2011 school year. In the coming months, K12 will host thousands of free events in local communities across the country, including in-person information sessions, online presentations, and education events for parents a... 
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03/03/10Chicago Virtual Charter School Makes 2009 Illinois Honor Roll
CHICAGO, Mar 03, 2010 (BUSINESS WIRE) -- The Chicago Virtual Charter School (CVCS), a public charter school using the K12(R) curriculum and school services, was named to the 2009 Illinois Honor Roll. The Illinois Honor Roll celebrates the outstanding academic accomplishments of exemplary public schools in the state. CVCS has demonstrated strong academic results over multiple years. The school made Adequate Yearly Progress (AYP) in 2008 and 2009, and also ... 
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03/01/10K12 Inc. to Present at Morgan Stanley Technology, Media & Telecom Conference
HERNDON, Va., Mar 01, 2010 (BUSINESS WIRE) -- K12 Inc. (NYSE: LRN), the nation's largest provider of proprietary curriculum and online school programs for students in kindergarten through high school, announced today it will present at the Morgan Stanley Conference on March 3, 2010. Morgan Stanley Technology, Media & Telecom Conference, San Francisco, CA Wednesday, March 3, 2010, 2:45 PM (PT) Presenter: Ron Packard, CEO and Founder The presentation will ... 
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02/18/10K12 Inc. and Virginia Virtual Academy Welcome Governor Bob McDonnell to Virtual Public School
Virginia Governor and First Lady join an interactive, web-based "virtual" class with students from online public school operated by Herndon-based K12 Inc.RICHMOND, Va., Feb 18, 2010 (BUSINESS WIRE) -- Today, K12 Inc. and the Virginia Virtual Academy (VAVA) welcomed Governor Bob McDonnell and First Lady Maureen McDonnell as they logged on to a live, interactive web-based class with students enrolled in the statewide online public school. The "virtual" class was held in co... 
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02/11/10K12 Inc. Congratulates Houston Public Schools Superintendent, Kim Ross, on Receiving the eSchool News Tech Savvy Superintendent Award
K12 and Houston Public Schools collaborate to offer the Minnesota Virtual AcademyHERNDON, Va., Feb 11, 2010 (BUSINESS WIRE) -- Ron Packard, founder and CEO of K12 Inc., congratulated Kim Ross, Superintendent of Houston Public Schools in Minnesota, on receiving the eSchool News Tech Savvy Superintendent Award. Mr. Ross was one of 10 recipients of the award which recognizes the nation's top K-12 executives for their outstanding ed-tech leadership and vision. He was honored today at a ceremony held... 
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02/05/10K12 Inc. Reports Second Quarter 2010 Results
K12's Second Quarter Revenues up 20%, Operating Income Increases 138 PercentHERNDON, Va., Feb 05, 2010 (BUSINESS WIRE) -- K12 Inc. (NYSE: LRN), a leading provider of proprietary, technology-based curriculum and education services created for online delivery to students in kindergarten through 12th grade, today announced its results for the second quarter of fiscal year 2010. Revenues for the second quarter of fiscal year 2010 (FY 2010) grew to $93.2 million, an i... 
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01/22/10K12 Inc. Second Quarter 2010 Earnings Release Date and Conference Call Details
  HERNDON, Va., Jan 22, 2010 (BUSINESS WIRE) -- K12 Inc. (NYSE: LRN) announced today it will release second quarter 2010 financial results before the open of the market on Friday, February 5, 2010. The Company will host a conference call to discuss the results at 8:30 a.m. eastern time (ET) the same day.   A live webcast of the call will be available on the K12 Company web site at http://www.k12.com through the investor relations link. To participate in the live call, investors sho... 
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01/13/10K12 Inc. Announces February Investor Conferences
HERNDON, Va., Jan 13, 2010 (BUSINESS WIRE) -- K12 Inc. (NYSE: LRN), the nation's largest provider of proprietary curriculum and online school programs for students in kindergarten through high school, announced today it will present at the following investor conferences:   Deutsche Bank Small and Mid Cap Conference, Naples, FL Monday, February, 8, 2010, 11:20 AM (ET)   Credit Suisse 12th Annual Global Services Conference, Phoenix, AZ Tuesday, February 23, 2010, 1:00 PM (MT) &... 
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01/11/10K12 Founder and CEO Lauds 12-year-old Winner of NYSE Financial Future Challenge, Attends Closing Bell Awards Ceremony
Largest U.S. provider of K-12 online school programs sponsored the NYSE national competitionHERNDON, Va., Jan 11, 2010 (BUSINESS WIRE) -- Ron Packard, founder and CEO of K12 Inc. (NYSE:LRN), the nation's largest provider of proprietary curriculum and online school programs for students in kindergarten through high school, today participated in a closing bell awards ceremony at the New York Stock Exchange with 12-year old Fabian Fernandez, winner of the NYSE Financial Future Challenge. K12 Inc. j... 
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01/08/10Gale and K12 Inc. Announce PowerspeakLanguages New World Language-Learning Product
FARMINGTON HILLS, Mich. & HERNDON, Va., Jan 08, 2010 (BUSINESS WIRE) -- Gale, part of Cengage Learning, and K12 Inc. (NYSE:LRN) today announced the launch of a new world language-learning product, Powerspeak Languages, with the first courses now available to the library market. The online courses, developed for Gale customers, will use the research-driven powerspeaK12 language learning methodology, which includes a variety of multi-sensory activities to take full advantage of the brain's a... 
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