Lightspan, Inc. Signs $500,000 Contract To Expand Reading Programs To Additional Religious Schools in New York City

February 28, 2003

Lightspan is a leading provider of high-quality educational products and services used in schools and homes to help increase academic achievement.

Rabbi Martin Schloss, Director of the BJE’s Division of School Services,

said: “We believe Lightspan Achieve Now has contributed to improved student achievement at our schools, which began piloting the program last May. Based on the early success, we plan to expand it within this school year to ten schools. In addition to the academic improvement, we have seen incredible enthusiasm for Lightspan Achieve Now from administrators, teachers, students, and parents.”

Lightspan Chairman and CEO John T. Kernan stated: “Lightspan has had a significant presence in New York City public schools for many years. This new contract shows that Jewish schools in New York City are also experiencing success with our programs.”

About Lightspan

Lightspan(R), Inc. (Nasdaq: LSPN), provides curriculum-based educational software and online products and services that increase student achievement and enhance teacher professional development. These products are used in schools and homes and align to all key federal education reform initiatives, offering school districts a complete solution to assess, align, instruct and evaluate, as a comprehensive achievement and accountability system. More than 1,000 independent studies prove that Lightspan products enhance student achievement, improve teacher effectiveness and help build stronger connections with families. Lightspan offers products in the following areas: early reading (the Lightspan Early Reading Program(TM) and the Lightspan Reading Center(TM)), K-8 interactive curriculum (Lightspan Achieve Now(TM)), K-12 online teacher resources and professional development (The Lightspan Network(R)), assessment (Lightspan eduTest Assessment(TM) and Lightspan Assessment Builder(TM)), and secondary and higher education (Interactive Mathematics, Interactive English, and

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This release contains forward looking statements, including statements related to the planned implementation of Lightspan products at schools operated by the Board of Jewish Education of Greater New York. Such statements are subject to a multitude of risks and uncertainties, and actual circumstances, events or results may differ materially from those predicted in such forward-looking statements. Factors that could cause of contribute to differences include, but are not limited to, the risk that the planned implementation of Lightspan products at additional schools may not proceed as expected; changes in economic conditions in the Company’s market areas; changes in policies by regulatory agencies and educational organizations; the volatility of the Company’s expenses and operating results; market acceptance of the Company’s curriculum based software and Internet products; risks associated with expanding the Company’s Internet business; technological advances and risks related thereto and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.


Robert S. Scheid, (toll free) +1-866-251-6694, or Michael A.

Sicuro, +1-858-824-8370, both for Lightspan, Inc./

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