Academic Systems to Release Major Upgrades for Math and English Multimedia Products.Business Editors/Education & High-Tech Writers MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--May 9, 2000 Academic Systems announces major enhancements to its Year 2000 release of Interactive Mathematics and Interactive English instructional programs. Based on faculty suggestions and its ongoing commitment to campus partners, Academic Systems has significantly improved these interactive multimedia programs, which help college students in entry-level and developmental courses increase their mathematics and writing skills. "We have made considerable enhancements based on feedback from faculty," said John Brandon, president of Academic Systems. "Our partner campuses will feel like these are totally new products because they can customize their course to meet the needs of their classes." Two- and four-year colleges use Interactive Mathematics and Interactive English in computer labs and classrooms, in distance learning settings on the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the , or in a combination of the two. Upgrades for both products will ship in July. The software upgrades will be available at two release levels: The Mediated me·di·ate v. me·di·at·ed, me·di·at·ing, me·di·ates v.tr. 1. To resolve or settle (differences) by working with all the conflicting parties: Learning 2000 version which includes lesson improvements and course upgrades without Internet access See how to access the Internet. , and the Web-based Academic Online 2000. Interactive Mathematics and Interactive English were enhanced based on feedback from faculty users. Each year, Academic Systems hosts regional meetings where faculty share ideas and suggest enhancements. The company then compiles a list of all suggestions and asks all participating campuses to identify and vote for their top priorities. The next product release reflects these priorities. For the Academic Online 2000 product release, Interactive Mathematics and Interactive English are multimedia-rich, fast, and reliable, while the Internet provides students and instructors with new instruction and customization, including links to course content. For campuses unable to use Web-enabled courseware Educational software. See CBT and OpenCourseWare. (application) courseware - Programs and data used in Computer-Based Training. , the Mediated Learning 2000 versions of Interactive Mathematics and Interactive English offer updates to nearly 25% of the lessons. The cost of the Academic Online 2000 or Mediated Learning 2000 Interactive Mathematics and Interactive English is the same as the cost for the current version, and is similar to a typical textbook textbook Informatics A treatise on a particular subject. See Bible. . Academic Systems Corporation, the higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. division of Lightspan Inc., produces interactive, multimedia instructional programs that offer an enhanced learning environment in mathematics and writing for college students in developmental and entry-level courses. Created in concert with educators, Academic Systems' Interactive Mathematics and Interactive English programs have demonstrated impressive increases in learning and achievement. Lightspan Inc. (Nasdaq:LSPN) creates curriculum-based educational programs, including CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). software, Internet products, and faculty support. Lightspan is dedicated to improving student academic achievement by enhancing the classroom learning experience and extending it into every student's home. The company is headquartered in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Calif., with its Internet group based in Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. , Calif., and its higher education group based in Mountain View, Calif. For more information on Lightspan Inc., please visit the corporate Web site at www.lightspan.com. For more information on Interactive Mathematics or Interactive English, contact Academic Systems Corporation at 800/694-6850, or visit our Web site at www.academic.com. Statements in this press release that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Factors that could cause or contribute to differences include volatility of the Company's expenses and operating results, market acceptance of the Company's curriculum-based software and Internet products, management of growth, risks associated with expanding the Company's Internet business, changes in funding for public schools, technological advances and risks related thereto there·to adv. 1. To that, this, or it. 2. Archaic In addition to that; furthermore. thereto Adverb Formal 1. to that or it 2. , and risks associated with the Company's rapid growth. These factors and others are more fully described under "Risk Factors" in the Final Prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. included in The Lightspan Partnership's Registration Statement on Form S-1 (File No. 333-90103) as filed with the Securities and Exchange Commission. Note to Editors: Interactive Mathematics and Interactive English are trademarks of Academic Systems Corporation. |
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