It is worth noting that the continued demand for COVA’s offerings by the parents of academically at-risk children is a clear recognition of COVA’s and K12’s leadership in addressing the difficult challenges of this vulnerable student population.

The COVA Board and K12 are in active discussions with multiple charter authorizers. We remain confident that COVA will remain a long-term public school option in Colorado. We are also in close contact with the Board and parents and encourage an open, transparent, constructive discussion going forward as we work together to implement a transformative model of individualized education that meets the needs of every student.

About K12 Inc.

K12 Inc. (NYSE: LRN), a technology-based education company, is the nation's largest provider of proprietary curriculum and online education programs for students in kindergarten through high school. Using 21st century tools to prepare 21st century students, K12 provides a new choice for students to learn in a flexible and innovative way, at an individualized pace. K12 provides curriculums and academic services to public and private online schools and districts, traditional classrooms, blended school programs, and directly to families. K12 is accredited through AdvancED, the world's largest education community. Additional information on K12 can be found at  www.K12.com.

Copyright Business Wire 2010

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