NEW YORK, May 27 /PRNewswire-FirstCall/ --
Edison Schools (Nasdaq: EDSN), the nation's largest private manager of public
schools, announced today that one of its partnership schools -- Renaissance
Academy-Edison in Phoenixville, PA -- is one of the state of Pennsylvania's
top scoring schools on the Pennsylvania System Scholastic Assessment (PSSA)
writing Exam.
Ninety-four percent of Renaissance Academy ninth grade students scored
proficient or above on the PSSA writing exam. The impressive performance of
Renaissance ninth graders places them in the top one percent of all schools in
the state of Pennsylvania. At the ninth grade level, Renaissance finished
sixth out of 720 schools (and fifth for scaled scores) in the entire state.
At the sixth grade level, Renaissance Academy had an extremely strong
showing as well. With 75.6 percent of six graders scoring proficient or above
on the writing exam, Renaissance finished in the top 20 percent of 1,183
elementary schools in the state.
"Renaissance's performance on the PSSA writing exam is truly noteworthy.
The students, staff, and leadership team have worked tirelessly to implement
the Edison school design -- and it's continuing to pay off. Students are
performing at higher levels each year -- and only a handful of schools have
outperformed Renaissance."
Renaissance principal, Angie Padrnos, echoed Chubb's sentiments. "We are
proud of our staff and students and the commitment they have to teaching and
learning. We are amazed that in three short years we have achieved these great
scores."
Located 30 miles outside of Philadelphia, Renaissance serves 750 students
in grades K-10. Over the next two years, Renaissance will be expanding to
serve grades K-12.
About Edison
Founded in 1992, Edison partners with school districts and charter boards
to raise student achievement through its research-based school design, aligned
assessment systems, interactive professional development, integrated use of
technology, and other proven program features. Edison students are achieving
annual academic gains well above national norms. Edison Schools now serves
more than 110,000 public school students in more than 20 states through four
different business channels: (1) the management of schools for school
districts, (2) charter schools, (3) summer and after-school programs, and (4)
achievement management solutions for school systems. The company operates 149
full-year schools and 178 summer schools.
Between 1992 and 1995 and in ongoing efforts, Edison's team of leading
educators and scholars has conducted intensive research to develop its school
design and support systems. Edison opened its first four schools in August
1995 and has grown rapidly in every subsequent year. For more information,
please visit http://www.edisonschools.com.
Any statements in this press release and any other press release issued by
Edison on or about the date hereof about future expectations, plans and
prospects for Edison, including statements containing the words "believes,"
"anticipates," "plans," "expects," "will," and similar expressions, constitute
forward-looking statements within the meaning of The Private Securities
Litigation Reform Act of 1995. Actual results may differ materially from
those indicated by such forward-looking statements as a result of various
important factors, including the risk factors discussed in our most recent
annual report on form 10-K/A filed with the SEC. The forward-looking
statements included in this press release represent Edison's estimates as of
May 27, 2003. Edison anticipates that subsequent events and developments will
cause its estimates to change. While Edison may elect to update these
forward-looking statements at some point in the future, Edison specifically
disclaims any obligation to do so. These forward-looking statements should not
be relied upon as representing Edison's estimates or views as of any date
subsequent to May 27, 2003.
SOURCE Edison Schools
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Related links:
http://www.edisonschools.com
CONTACT:
John Chubb, Chief Education Officer,
+1-212-419-1641, or Adam Tucker, VP Communications,
+1-212-419-1602, both of Edison Schools
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