21.09.2005 20:00:00
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Susan E. Knight and M. Lee Pelton join PLATO Learning Board of Directors
"Dr. Pelton's experience in higher education and Ms. Knight'shands-on business experience are the attributes we wanted to bring toour Board," said David Smith, PLATO Learning's Executive Chairman. "Weare confident they will be valued contributors to our Board ofDirectors and steadfast stewards of our shareholders' interests."
Ms. Knight is currently Vice President and Chief Financial Officerof MTS Systems Corporation in Eden Prairie, Minn. Prior to joining MTSSystems in 2001, Ms. Knight spent 24 years with HoneywellInternational in a variety of divisions in positions from generalaccounting manager to Global CFO of the company's Home and BuildingControls division. Ms. Knight also serves on the board of the GreaterMetropolitan Housing Corporation.
Since 1999, Dr. M. Lee Pelton has served as president of top-tierliberal arts college Willamette University in Oregon. He has served asdean of the college at Colgate University (1988-91) and DartmouthCollege (1991-98). At Harvard he taught in the English Department andwas dean of one of Harvard's 13 undergraduate colleges. He serves as amember of several leading national education boards and committees,including the American Council on Education and the Harvard UniversityBoard of Overseers.
About PLATO Learning, Inc.
PLATO Learning is a leading provider of computer-based ande-learning instruction for kindergarten through adult learners,offering curricula in reading, writing, mathematics, science, socialstudies, and life and job skills. The company also offers innovativeonline assessment and accountability solutions and standards-basedprofessional development services. With over 6,000 hours ofobjective-based, problem-solving courseware, plus assessment,alignment, and curriculum management tools, we create standards-basedcurricula that facilitate learning and school improvement.
With trailing 12-month revenues of approximately $131 million,PLATO Learning is a publicly held company traded as TUTR on theNASDAQ. PLATO Learning educational software, delivered via networks,CD-ROM, the Internet, and private intranets, is primarily marketed toK-12 schools and colleges. The Company also sells to job trainingprograms, correctional institutions, military education programs,corporations, and individuals.
PLATO Learning is headquartered at 10801 Nesbitt Avenue South,Bloomington, Minnesota 55437, 952.832.1000 or 800.869.2000. TheCompany has offices throughout the United States, Canada, and theUnited Kingdom, as well as international distributors in Puerto Rico,Singapore, South Africa, and the United Arab Emirates. For moreinformation, please visit http://www.plato.com.
This announcement includes forward-looking statements. PLATOLearning has based these forward-looking statements on its currentexpectations and projections about future events. Although PLATOLearning believes that its assumptions made in connection with theforward-looking statements are reasonable, no assurances can be giventhat its assumptions and expectations will prove to have been correct.These forward-looking statements are subject to various risks,uncertainties and assumptions. PLATO Learning undertakes no obligationto publicly update or revise any forward-looking statements, whetheras a result of new information, future events or otherwise. Anyforward looking statements made are subject to the risks anduncertainties as those described in the Company's Annual Report onForm 10-K for the year ended October 31, 2004. Actual results maydiffer materially from anticipated results.
PLATO(R) is a registered trademark of PLATO Learning, Inc. PLATOLearning is a trademark of PLATO Learning, Inc. All other company andproduct names may be trademarks or registered trademarks of theirrespective companies.
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