Edison Schools Launched Advanced Online Assessment System

Monday, December 04, 2000
Edison announced that its proprietary Benchmark Assessment System is now being administered online at its schools around the country. Under this system, which was placed online in collaboration with Vantage Learning, Edison's students are able to take these monthly tests on the computer, the assessments are scored automatically, and teachers receive the results immediately.

By providing detailed measurements of student progress toward achieving academic standards, this cutting edge system will help teachers tailor their instruction to the specific needs of students and will help schools work more strategically toward higher achievement.

The Benchmark Assessment System was designed to provide teachers with ongoing monthly information about the progress of their grade 2 to 8 students toward meeting end-of-grade standards. These assessments, currently available in reading, math, writing, and language arts, take the form of short tests using multiple-choice and open-response questions that mirror standardized criterion- and norm-referenced tests. The results are automatically charted for teachers each month so schools can track their students' progress in meeting Edison, state, and national testing standards. Teachers use the results to adjust their instruction to best meet individual student needs.

Except for the historical information contained in this announcement, the matters discussed are forward looking statements (as that term is used in the Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties, including risks detailed from time to time in Edison's filings with the Securities and Exchange Commission. In particular, Edison calls to the reader's attention the risk factors described in its Quarterly Report on Form 10-Q dated November 14, 2000 under the heading Additional Risk Factors That May Affect Future Results. Any such forward-looking statements speak only as of the date such statements are made, and Edison undertakes no obligations to publicly release the results of any revision to these forward-looking statements or otherwise update or supplement this announcement or risk factors contained herein.




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