K12 Inc. Announces End of Lawsuit in Wisconsin

May 19, 2008

HERNDON, Va.--(BUSINESS WIRE)--May 19, 2008--K12 Inc. (NYSE:LRN) is announcing that a judgment has been entered by the Circuit Court of Ozaukee County in Wisconsin, bringing to a close a lawsuit brought by the Wisconsin Education Association against the Northern Ozaukee School District and K12 Inc. for operating the Wisconsin Virtual Academy (WIVA). In an order filed May 6, 2008, the Court stated that the "parties and the Court agree that the recent enactment of Act 222 obviates the need for injunctive relief from this Court." The judgment ensures the continued lawful operation and funding of WIVA.

Ron Packard, CEO and Founder of K12 Inc., said, "K12 is grateful that this litigation is now over and that WIVA's resources can be devoted to its teachers and students, rather than the expense of defending this academically successful school."

About K12 Inc.

K12 Inc., a technology-based education company, is the leading provider of K-12 curriculum and online education programs. K12 provides its high quality curriculum and academic services for use in online schools, traditional classrooms, "blended" school programs (online and classroom instruction), and other education programs.

Over 40,000 students in 19 states are enrolled in online public schools that use the K12 program. Additionally, K12 Inc. operates the K12 International Academy, an accredited, diploma-granting online private school serving full-time and part-time students worldwide. K12 also provides its complete curriculum and individual courses directly to families, educators and other consumers.

K12's mission is to provide any child the curriculum and tools to maximize success in life, regardless of geographic, financial, or demographic circumstances. The K12 program combines a cognitive research-based curriculum with individualized, one-to-one learning approaches for students of all abilities in numerous education settings. More information can be found at www.K12.com.

Investor Contact:
Keith Haas
VP, Financial Planning & Analysis and Investor Relations
Press Contact:
Jeff Kwitowski
VP, Public Relations

SOURCE: K12 Inc.