Ron Packard, Chief Executive Officer of K12 Inc., stated, “We are quite pleased with our record results for fiscal year 2010. I am proud of the many accomplishments of our students, teachers and employees. Over 1,000 students graduated this year from virtual schools using the K(12) curriculum. This past year we began serving students in four new states: Alaska, Oklahoma, Virginia and Wyoming. We will be adding schools and reaching students in two new states this Fall, Massachusetts and Michigan. On the product development front, we completed the development of our new elementary school math curriculum as well as six new courses for our high school students. In addition, we are launching a new Online School platform this year that is adaptive, intuitive and web-based; that provides access to our online lessons, lesson planning and scheduling, and facilitates our progress tracking, assisting both parents and teachers.”
Mr. Packard added, “I am also excited about our partnership with Middlebury College, Middlebury Interactive Languages. The first online language courses from this venture, beginner French and Spanish for high school students, will be available in pilot programs this Fall. In addition, we are making progress with the integration of our acquisition of KC Distance Learning and we look forward to serving more states, schools, school districts and students with their online curriculum.”
For the rest of the article, go to K12 Inc. Reports Fourth Quarter and Full Year 2010 Results

