Lightspan and Encyclopaedia Britannica Team Up to Provide World-Class Source of Information to Educators

Britannica Student Encyclopedia Available on The Lightspan Network

SAN DIEGO, June 27 /PRNewswire/ — Lightspan, Inc., a leading provider of high-quality educational products and services used in schools and homes to help increase academic achievement and enhance teacher professional development, announced today that it has teamed up with Encyclopedia Britannica to make the Britannica Student Encyclopedia available to subscribers of The Lightspan Network.

Patti Ginnis, Britannica’s Senior Vice President for Sales and Marketing,

said: “Lightspan is a one of the most respected names in the education community, providing high-quality information, resources and tools to teachers, students, administrators and parents. Britannica is proud to partner with Lightspan to bring the most comprehensive reference materials available today to The Lightspan Network.”

The Britannica Student Encyclopedia was created for elementary and middle school students by the editors of the Encyclopaedia Britannica. Subscribers to The Lightspan Network will have access to the online Britannica Student Encyclopedia, including an easy-to-use search feature to find available content and media. The online version of this respected encyclopedia delivers over 15,000 articles and 5,000 media images, including photos, maps, and art, and gives users access to exciting multimedia content, featuring sounds, video, and animations. The Lightspan Network has provided three content areas on the main page of the encyclopedia with completed searches to help students with research and report ideas.

John Kernan, Lightspan Chairman and CEO, said: “Encyclopedia Britannica has been a premier provider of reference materials for over 200 years, and we are pleased to bring their world-class resources to The Lightspan Network.”

The Lightspan Network is an online suite of tools and resources that helps teachers simplify instructional planning and supports their ongoing professional growth. It includes management and communication tools that bring teachers together, and a variety of curriculum and learning activities that promote student achievement. All of these features are designed to help streamline the process of aligning and organizing curriculum to state standards and assessment — so that teachers have more time to spend with their students.

About Lightspan, Inc.

Lightspan(R), Inc. develops curriculum-based educational software and Internet 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. Studies by over 900 schools demonstrate 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 academic.com). More information is available at www.lightspan.com .

About Encyclopaedia Britannica

Encyclopaedia Britannica, Inc. creates and markets products of the highest quality for reference, education and learning. Its most famous product, the 32-volume Encyclopaedia Britannica, is the oldest continuously published reference work in the English language. Since the 1980s, however, Britannica has been a leader in electronic publishing and now publishes encyclopedias and other works in many forms on the Internet, CD-ROM, and DVD. The company makes its headquarters in Chicago and maintains offices in London, New Delhi, Paris, Seoul, Sydney, Taipei, Tel Aviv, and Tokyo. More information is available at www.britannica.com .

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This release contains forward looking statements, including statements related to potential strategic and corporate transactions, future financial performance, cash position, government funding and business trends, that are subject to risks and uncertainties, including, but not limited to, 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; management of rapid growth; risks associated with expanding the Company’s Internet business; changes in funding for public schools; 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 including its Annual Report on Form 10-K for the fiscal year ended January 31, 2002 filed with the Commission on April 30, 2002. 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. These risks could cause the Company’s actual results for fiscal 2003 and beyond to differ materially from those expressed in any forward looking statements by, or on behalf of, the Company.

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SOURCE Lightspan, Inc.

06/27/2002

CONTACT

Robert S. Scheid of Lightspan

toll free +1-866-251-6694/Web site: http://www.lightspan.com

(LSPN)