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ESSA Strong research study reveals that Lexia PowerUp Literacy significantly benefits both English Learners (ELs) and non-ELs. Conducted in a Boston Title 1 school district, the study involved 122 sixth-grade students and showed PowerUp users outgained non-users by nearly 30 points. With a 35% improvement compared to the control group, PowerUp was found to be more than 2.5 times more effective than typical interventions. The program meets ESSA’s highest evidence standards, proving its efficacy in enhancing literacy skills among diverse learners.
Rosetta Stone Inc. has partnered with Uber to allow Uber Rewards customers to redeem points for a month of language learning for just 750 points. Users can choose from 25 languages, accessible on multiple devices. The program features a Dynamic Immersion method, patented speech recognition, and live tutoring to enhance learning. The collaboration comes as Uber enhances its Rewards program, creating more value for customers. Matt Hulett, President of Rosetta Stone, emphasizes the synergy between language learning and travel, anticipating growth as travel restrictions ease.
Newark Public Schools expands its partnership with Lexia Learning by implementing Core5 and PowerUp literacy programs across nearly 20,000 students in 41 schools. This decision follows successful trial subscriptions that enhanced remote learning during the pandemic. Dr. Mary Ann Reilly noted the programs' flexibility in addressing literacy gaps. Newark educators will also benefit from Lexia Academy, providing professional learning courses. The district anticipates continued student gains with Lexia's support.
Rosetta Stone Inc. has announced the winners of its inaugural Emergent Bilingual Educators of the Year award program. Recognizing exceptional teachers of English learners, the program awarded $20,000 in grants and $75,000 in subscriptions to Rosetta Stone English. Victor Machado from Newark won the grand prize of $10,000, while runners-up received grants and subscriptions. The initiative aims to boost educational resources for over 700 ESL students at Machado's school, emphasizing the transformative potential of language education.
During the COVID-19 pandemic, over 500,000 K-12 students utilized Lexia Learning literacy programs while learning from home. A survey of 3,500 educators revealed that 86% felt Lexia’s products aided in supporting student learning during this time. Core5 usage increased by 35%, and students completed four more units per week compared to earlier in the year. PowerUp usage was up by 17%, with 28% of students meeting their targets. Lexia continues to prioritize providing actionable data for educators to monitor student progress effectively.
Rosetta Stone and Lexia Learning will host a weeklong webinar series from October 19-23, 2020, focusing on supporting emergent bilingual students. This initiative aligns with projections that by 2025, 25% of students will be English language learners. The series includes topics such as culturally responsive teaching and the new Rosetta Stone English solution. Notable presentations will highlight successful strategies for remote learning. Educators can register for the webinars at the provided link to enhance their skills in supporting bilingual learners.
Rosetta Stone (NYSE: RST) has entered an agreement to be acquired by Cambium Learning Group in an all-cash deal valued at $30 per share, totaling approximately $792 million. This acquisition offers an 87.5% premium over Rosetta Stone's closing price prior to acquisition speculation. The Board of Directors unanimously approved the transaction, expected to close in Q4 2020, pending customary conditions. CEO John Hass highlighted the acquisition as a step towards expanding their education technology capabilities. Cambium aims to enhance its portfolio with Rosetta Stone's products.
Rosetta Stone Inc. (NYSE: RST) has launched a new adaptive blended learning program, Rosetta Stone English, aimed at supporting Emergent Bilinguals in grades K-6. This initiative addresses the increasing population of English Learners, projected to be 25% of K-12 students in five years, by enhancing their speaking and listening skills through a culturally responsive platform.
The program features embedded assessments and alignment with language proficiency standards to help educators track student performance, ensuring academic success during remote and in-person learning.
