Leading Education Companies Moving Quickly To Support Underserved Student Populations

Cambium Learning To Acquire Kurzweil Educational Systems

Cambium Learning™, Inc., an education company serving the unique needs of the nation’s at-risk, minority and special student populations with learning tools, services and technologies, today announced that they have signed an agreement to acquire Kurzweil Educational Systems®, Inc., an industry leader in reading technology for individuals with learning or visual disabilities. The announcement was made at the 2005 Council for Exception Children (CEC) Convention and Expo being held April 6 – 9 in Baltimore, MD. With their third acquisition in the last sixteen months, Cambium Learning continues to build an organization dedicated to having broad reaching impact on the achievement of underserved student populations by delivering research-based and proven solutions. The addition of Kurzweil Educational Systems to its family of companies firmly positions Cambium Learning as the most comprehensive provider of educational solutions for the at-risk, minority and special education student population. Terms of the acquisition were not disclosed.

As a vital, growing company prominent in assistive technologies, Kurzweil Educational Systems is widely recognized for its innovations in reading, writing and learning solutions for individuals with learning disabilities, and people who are blind or visually impaired. Kurzweil 3000®, the company’s flagship product, is the most comprehensive and integrated reading, writing and learning software for assisting struggling students with learning and language difficulties such as dyslexia, Attention Deficit Disorder (ADD) and English Language Learners (ELL). Another key company product, Kurzweil 1000™, fosters greater independence in students who are blind or visually impaired, enabling them to read, write and study along side their sighted peers.

“Leveraging the pioneering spirit of its co-founder, Ray Kurzweil, an innovator of pattern-recognition technologies, Kurzweil Educational Systems has received worldwide recognition for developing products that improve the lives of others,” said Nader Darehshori, CEO and Chairman, Cambium Learning. “By bringing Kurzweil Educational Systems into our family of companies we are able to deliver a powerful triumvirate of content, training and technology to educators looking for more effective solutions for their special student populations.”

“Today’s announcement is great news for our industry, our teachers and students, and educational systems everywhere,” said Michael Sokol, co-founder, President and CEO, Kurzweil Educational Systems, Inc. “We share Cambium Learning’s mission to support the struggling student and help schools meet the demands of No Child Left Behind. This new relationship will accelerate the growth of Kurzweil Educational Systems. We look forward to leveraging it to support more students, more quickly, and to further develop technologies that truly make a difference in students lives.”

“Cambium Learning is proud to be affiliated with Kurzweil Educational Systems as we continue to build a company dedicated to delivering proven programs and interventions for the challenged learner,” said David Cappellucci, President and COO of Cambium Learning. “We are excited to add Kurzweil Educational System’s impressive direct and dealer sales channels to further expand Cambium Learning’s reach into this important market. This acquisition provides Cambium Learning with award-winning technology and provides Kurzweil Educational Systems with added industry expertise and infrastructure as well as with new opportunities to merge technology with content from our publishing companies.”

Kurzweil Educational Systems is exhibiting at booth #502 at the CEC Convention and Expo this week. Sopris West Educational Services and Metropolitan Teaching and Learning, two additional Cambium Learning companies, are exhibiting at booth #319.

About Kurzweil Educational Systems

Kurzweil Educational Systems, founded in 1996, is the industry leader and innovator of reading, writing and learning solutions for people with learning disabilities, and people who are blind or visually impaired. Ray Kurzweil, a co-founder of the original company, invented computer-based reading machine technology 25 years ago to provide access to printed text for the blind. With a pioneering history in developing assistive technology, the company has received worldwide recognition for enabling people with disabilities to lead more independent lives through improved reading, writing and learning abilities. Kurzweil Educational Systems and Kurzweil 3000 have recently received several industry excellence awards from organizations including the Software and Information Industry Association (SIIA), the Learning Disabilities Association of Massachusetts (LDAM), The Heller Reports, Media and Methods, eSchool News, District Administration, Technology & Learning and ComputEd Gazette publications. For more company and product information, visit www.kurzweiledu.com.

About Cambium Learning

Cambium Learning is an education company founded on the belief that all students, including minority, at-risk, economically disadvantaged, and special student populations can achieve at a high level. The company provides research-based, culturally responsive, and proven instructional materials, services and technology to help educators raise the achievement level of challenged learners in grades pre-K through 12. The Cambium Learning family of companies includes Sopris West Educational Services and Metropolitan Teaching and Learning, who for over 26 years have established themselves as nationally recognized leaders in education. For more information, please visit the company’s website at www.cambiumlearning.com.