[Digital_Divide] LeapFrog and Sylvan
bridging_the_divide at touchsmart.net
bridging_the_divide at touchsmart.net
Tue Dec 21 09:59:38 EST 2004
LeapFrog and Educate Team Up to Create New Pre-K Through Grade 12
Retail Learning Center Network
Tuesday December 21, 8:02 am ET
Leading Education Technology Products Maker and Sylvan Learning Center
Parent to Launch Up to 20 Learning Centers With New Pilot Program
EMERYVILLE, Calif. and BALTIMORE, Md., Dec. 21 /PRNewswire-FirstCall/
-- LeapFrog Enterprises, Inc. (NYSE: LF - News), a leading designer,
developer and marketer of innovative, technology-based educational
products, and Educate, Inc. (Nasdaq: EEEE - News), a leading pre-K
through 12th grade education services company and parent of Sylvan
Learning Center and Catapult Learning, today announced a new business
partnership. The two education companies are joining forces on a pilot
program to create a network of branded retail learning centers that
will deliver an affordable, high quality, fun, learning experience to
thousands of pre-K to grade 12 students throughout the country.
Through this partnership, LeapFrog and Educate will open up to 20
learning centers throughout the country in the next two years. The
parties will leverage Educate's 25 years of tutoring and education
experience in its Sylvan Learning Center business with LeapFrog's
innovative educational technology products, including the LeapTrack®
Assessment & Instruction System, to create an affordable, innovative
and engaging learning center model. The new learning centers will offer
a range of research-based, educational services for pre-K to grade 12
students.
This new learning center model will be grounded in basic academic
subjects, including reading, language arts, and math, with services
being delivered using an approach which students will find interesting
and entertaining. Educate, directly and through its Sylvan Learning
Center franchise system, will operate the retail learning centers and
provide the educational structure and service format along with
business systems and methodologies. A combination of LeapFrog's
consumer products and SchoolHouse(TM) instructional programs will be
licensed by Educate.
"Our collective vision is to build a leading network of affordable
learning centers that will supplement children's educational needs in
positive and fun ways," said Tom Kalinske, chief executive officer,
LeapFrog Enterprises, Inc. "We are excited to create this pre-K through
12th grade learning center network with Educate -- bringing together
our world-class products with their educational strengths and
operational excellence."
"In today's knowledge economy, more and more parents are investing in
education, to give their children the best start possible," said Chris
Hoehn-Saric, chairman and chief executive officer, Educate, Inc. "We
are meeting this growing demand by expanding our offerings to serve
students of all ages, in all communities, at a variety of price points,
with a variety of services. That is why we are excited about teaming up
with LeapFrog to offer parents a new choice in affordable, fun,
learning services. These new centers will help young students improve
core learning skills by combining LeapFrog's innovative instructional
approach with the high quality learning experience that has been
Educate's hallmark for 25 years."
With consumer spending for education continuing to grow, the
LeapFrog/Educate venture will provide consumers with a broader
selection of affordable education services at convenient locations in a
variety of communities around the country.
http://biz.yahoo.com/prnews/041221/nytu045_1.html
---
Jason Barkeloo
President
TouchSmart Publishing
6522 Waldorf Place
Cincinnati, OH 45230
http://www.touchsmart.net
t: 513.225.8765
f: 206.666.4856
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