Carnegie Learning, Inc. Expands Top Management Team.

National Sales Manager and CFO Join Education Publishing Company as High-Growth Continues

PITTSBURGH -- Carnegie Learning, Inc., the leading publisher of research-based math curricula for middle school and high school students, will add two key executives this month as the company continues on a high-growth course.

Mike Reynolds joins Carnegie Learning in the new position of National Sales Manager. Reynolds was previously with PLATO Learning for 16 years where he held several positions including Vice President of Sales and was a member of the Executive Leadership Team. Reynolds will relocate from Jacksonville, Florida to Carnegie Learning's Pittsburgh, PA headquarters.

David Farr, Carnegie Learning's newly appointed Chief Financial Officer, most recently served as CFO for TRG Customer Solutions, a global call center company with operations in North America, Europe, Asia, and Africa. Earlier in his career, Farr was with Ernst & Young LLP, where he served a broad client base of both privately held and publicly traded companies in the Pittsburgh area.

"The addition of Mr. Farr and Mr. Reynolds rounds out an exceptional team of experts in diverse fields that are critical to building a competitive research-based education company for the 21st century," said Dennis Ciccone, CEO of Carnegie Learning. "We have a deep knowledge base in cognitive science, software development, math education, curricula publishing, and sales and marketing that has allowed us to meet the growing demand in our market."

Since Ciccone joined the company twenty-one months ago, Carnegie Learning, Inc. has entered the middle school market with its new Bridge to Algebra curriculum, released the first major product upgrade in three years across its product suite, and has been selected by large urban districts focusing on high school reform such as Los Angeles Unified, Miami-Dade, and Chicago Public Schools.

"Math is at the forefront of Federal and state initiatives for change in America's high schools," said Joseph Goins, Senior Vice President of Sales for Carnegie Learning. "With the addition of industry leaders like Mike Reynolds, we are building the critical industry strength necessary to stay ahead of the demand for new products and better solutions that improve the way we teach, and teach the way students learn."

About Carnegie Learning (www.carnegielearning.com)

Carnegie Learning is a leading publisher of core, full-year mathematics programs as well as supplemental intervention applications for middle school and high school students. The company's Cognitive Tutor[R] is helping more than 375,000 students in over 1000 school districts across the United States succeed in math by integrating interactive software sessions, text, and student-centered classroom lessons into a unique learning platform for algebra readiness, Algebra I, Geometry, Algebra II and Integrated Math programs. The U.S. Department of Education recognizes Carnegie Learning's Cognitive Tutor Algebra I program as one of only two math curricula scientifically proven to have significant, positive effects on student learning. Based in Pittsburgh, PA, Carnegie Learning was founded by cognitive science researchers from Carnegie Mellon University in conjunction with veteran mathematics teachers.