K12 Inc. Announces Appointment of New Board Member

July 15, 2009

HERNDON, Va.--(BUSINESS WIRE)--Jul. 15, 2009-- K12 Inc.(NYSE:LRN), the nation’s leading provider of proprietary curriculum and K-12 online school programs, announced today that Nate Davis has joined the Company’s Board of Directors.

From 2006-2008, Mr. Davis was the President and CEO of XM Satellite Radio, overseeing the company’s billion dollar business in audio entertainment. Previously, he served as President and COO of XO Communications (2000-2003), Executive VP of Nextel Communications (1998-1999), and has held a number of executive level positions at MCI Communications and management positions at AT&T.

Mr. Davis currently serves as a Managing Director at the RANND Advisory Group, consulting many venture capital and telecom firms. He resides in Northern Virginia.

Ron Packard, Founder and CEO of K12 Inc., said, “We are honored to have Nate join us on the K12 Inc. Board of Directors and look forward to his advice and counsel in achieving our mission of providing an outstanding education to children in the U.S. and across the globe.”

Mr. Davis earned a BSEE in Engineering and Computer Design from Stevens Institute of Technology; a MSEE at the University of Pennsylvania’s Moore School of Technology; and an MBA in Finance and General Management from the Wharton School.

Mr. Davis joins a distinguished group of education and business leaders who serve on the K12 Board of Directors: Andrew H. Tisch (Chairman), Ron Packard, Steven B. Fink, Thomas Wilford, Guillermo Bron, Dr. Mary Futrell, and Jane M. Swift.

About K12 Inc.

K12 Inc. (NYSE:LRN), a technology-based education company, is the nation’s leading provider of proprietary curriculum and online education programs to students in kindergarten through high school. K12 provides its curriculum and academic services to online schools, traditional classrooms, blended school programs, and directly to families. K12 has delivered over one million semester courses to students worldwide. Currently, more than 50,000 students in 21 states are enrolled in online public schools that use the K12 program. K12 Inc.also operates the K12 International Academy, an accredited, diploma-granting online private school serving students in over 35 countries.

K12’s mission is to provide any child the curriculum and tools to maximize success in life, regardless of geographic, financial, or demographic circumstances. More information can be found at www.K12.com.

© 2009 K12 Inc. K12 is a registered trademark, and the K12 logo, powerspeaK12, Unleash the xPotential and xPotential are trademarks of K12 Inc. All other trademarks are the property of their respective owners.

Source: K12 Inc.

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