SIBLING GROUP’S BLENDED SCHOOLS NETWORK PARTNERS WITH BLOOMBOARD INC FOR TEACHER PROFESSIONAL DEVELOPMENTAUSTIN, Texas, November 5, 2014 – Sibling Group Holdings, Inc. (OTCQB: SIBE) (www.siblinggroup.com) (the “Company”), an educational technology holding company, announced today that its Blended Schools Network (“BSN”) division has signed an agreement with BloomBoard, Inc., to become a provider in BloomBoard’s online professional development resource library.
“BloomBoard has developed a platform that empowers teachers and administrators to plan and personalize their professional development,” stated Jason Lange, BloomBoard’s Chief Executive Officer and Co-Founder. Teachers use BloomBoard to set their learning goals, from which BloomBoard recommends (based on the teachers’ unique profiles) the best resources from third-party providers. BloomBoard also offers a platform to conduct observations, which can be connected to the resource library as a means to create personalized PD recommendations.
In a recent article in EdSurge*, BloomBoard forecast that by the start of the 2014-2015 school year, their product will be used by over 250,000 teachers in 18 states. BloomBoard reported they have state-level contracts with Arkansas, Colorado, Connecticut, Delaware and North Carolina.
The Blended Schools Network’s professional development suite was created to assist K-12 teachers and administrators in achieving their goals by completing training at a pace that meets their needs. With over 500 hours of content that can be completed in 20-40 minute segments, BSN’s professional development content has already provided a convenient option for the 30,000 teachers within its BSN network. Each of the BSN professional development courses are aligned to iNACOL’s pathway to ensure educator expertise in areas such as Building Online Programs, Building Online Courses, Blended Teaching, Online Teaching and Technology Training.
“Prior to this relationship, the company has not pursued additional markets for our professional development tools outside of the existing Blended Schools Network of school districts. We expect the partnership with BloomBoard will allow us to build new infrastructure and subsequent revenue streams,” said Jed Friedrichsen, Chief Academic Officer of Sibling Group Holdings and CEO of Blended Schools Network. “Our product line and this partnership should enable more teachers to successfully implement online learning in their classrooms.”
*EdSurge, April 21, 2014 article on BloomBoard
About Sibling Group Holdings, Inc.:
Sibling Group Holdings, through its wholly owned subsidiary Blended Schools Network (BSN), provides benchmark quality online curriculum for the K-12 marketplace, complete hosted course authoring tools, professional development for teachers and a learning management system (LMS) environment. Sibling Group Holdings is focused on pursuing market expansion and new product development to meet the global trend towards leveraging educational technology to improve student performance.
For more information, visit www.siblinggroup.com
This press release contains forward-looking statements that involve risks and uncertainties concerning the plans and expectations of Sibling Group Holdings, Inc. and its success partnering with BloomBoard. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, that the anticipated benefits of the BloomBoard Agreement may not be realized. More information about potential factors that could affect our business and financial results is included under the captions, "Risk Factors" in the company's Annual Report on Form 10-KT for the transition period ended June 30, 2014 which has been filed with the Securities and Exchange Commission ("SEC") and available at the SEC's website at www.sec.gov.