Milwaukee Academy of Science Excels in Core Subject Areas
NEW YORK, Aug. 6 /PRNewswire-FirstCall/ -- Edison Schools (Nasdaq: EDSN),
the nation's largest private manager of public schools, announced today that
its charter school in Milwaukee, Wisconsin, the Milwaukee Academy of Science
has posted commendable marks on the Wisconsin Student Assessment Knowledge
& Concepts Exam (WKCE), which serves as the states' primary test of academic
accountability. In the core subject areas of reading, language arts, and math,
Edison Milwaukee students made an overall average gain of 7.3 percentile
points versus the state with average gains in core subjects of 3.7 percentile
points.
Edison fourth graders and eighth graders took the WKCE exam, however, as
this was the first year eighth graders took the exam, their scores were
baseline only. Fourth graders made strong gains in most WKCE subject areas.
From spring 2001 to spring 2002, fourth graders made gains of 11 percentile
points in reading, 9 percentile points in language arts and 2 percentile
points in math, respectively. They lost some ground in science where they
decreased by 3 percentile points and 9 percentile points in social studies.
Across all subject areas, the fourth graders made an overall gain of
2 percentile points, and as stated earlier, the overall average gain was
7.3 percentile points in the core subject areas.
In the fall of 2000, Edison Schools launched Milwaukee Academy of Science,
its first charter school in Milwaukee serving students in grades K-8. In fall
2001, Edison opened Milwaukee Urban League Academy of Business and Economics,
which serves students in grades K-5. Results on the WKCE at Milwaukee Urban
League were baseline only. Since inception, both schools have experienced
growth in their enrollments as a complement to their academic successes.
"We are very pleased with these results," said John Chubb, Chief Education
Officer. "Our Milwaukee school's most recent gains on the WKCE demonstrate the
level of commitment of teachers, staff and students to improving levels of
achievement and proficiency. In Milwaukee Urban League and the Milwaukee
Academy of Science, Edison has created a positive educational option for
parents and children in the Milwaukee area."
About Edison
Edison Schools manages 133 public schools with a total enrollment of
approximately 74,000 students. Through contracts with local school districts
and public charter school boards, Edison generally assumes educational and
operational responsibility for individual schools in return for funding that
is comparable to that spent on other public schools in the area. Over the
course of three years of intensive research, Edison's team of leading
educators and scholars developed an innovative, research-based curriculum and
school design. 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
quarterly report filed with the SEC, and other factors such as, among other
things, the possibility that: (1) Edison, its independent auditors and/or the
SEC may identify additional items that materially and adversely affect
Edison's financial results; (2) the financing discussed separately by Edison
today may not be consummated; and (3) the events relating to the informal SEC
inquiry or its settlement may result in defaults under Edison's material
agreements or give rise to costly and protracted litigation against Edison.
The forward-looking statements included in this press release represent
Edison's estimates as of August 6, 2002. 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 August 6, 2002.
SOURCE Edison Schools
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Related links:
http://www.edisonschools.com
CONTACT:
John Chubb, +1-212-419-1641, or Adam Tucker,
+1-212-419-1602, both of Edison Schools
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