[February 26, 2013]

DreamBox Learning Names Finance Veteran Peter Biere to Chief Financial Officer Post

DreamBox Learning® (www.dreambox.com), the leading Intelligent Adaptive Learning™ company, today appointed Peter Biere as its Chief Financial Officer, effective immediately. A former Partner at Gottschalk Hardesty and CFO of GlobalScholar, Mr. Biere brings deep financial, operations management and K-12 education market expertise to DreamBox Learning.

Mr. Biere joins the DreamBox Learning leadership team with 30 years of experience in adding value to public and privately held emerging growth and middle market companies across a wide range of industries from educational and traditional high technology to retail distribution and financial services.

"We're thrilled to have such an accomplished CFO, proven leader and talented business partner join the team," said Jessie Woolley-Wilson, President and CEO of DreamBox Learning. "Together, we will continue to shape DreamBox Learning's promising future and fulfill our mission to bring high quality, engaging and effective personalized learning experiences to all children regardless of their zip code."

In addition to Mr. Biere's prior posts at Gottschalk Hardesty and GlobalScholar, he also served as CFO at Zones.com and Locate Networks, COO at Evergreen Collateral Consulting, and CFO and General Manager at Lumera Corporation (now GigOptix). In these capacities, Mr. Biere optimized financial structures, drove profitability, shaped corporate development and strategy and created organizational sustainability.

About DreamBox Learning

DreamBox Learning was founded in 2006 in Bellevue, Washington and launched its first online learning product in January 2009. The platform has won more than 20 top education and technology industry awards and is in use in all 50 states. DreamBox Learning Math offers a groundbreaking combination of Intelligent Adaptive Learning, rigorous elementary mathematics curriculum, and motivating learning environment. The innovative DreamBox platform captures every decision a student makes while working in the program and adjusts the student's learning path appropriately, providing millions of individualized learning paths, each one tailored to a student's unique needs.

DreamBox Learning closed its Series A round of funding in December 2011 led by private investors Reed Hastings, John Doerr (News - Alert) and Deborah Quazzo, as well as GSV Capital Corp. (NASDAQ: GSVC).

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