OAKLAND, Calif. -- (Business Wire)
Scientific Learning Corporation (NASDAQ:SCIL), a leading provider of
technologies for accelerated learning, today announced the departure of
David C. Myers, Senior Vice President of Sales and Services. Andy Myers,
Chief Executive Officer, will directly oversee the field sales
organization going forward. David Myers will remain with the Company
until October 15, 2011.
“I want to thank Dave for the significant contributions he has made to
Scientific Learning,” said Andy Myers, Chief Executive Officer. “We
hired Dave in 2009 for his expertise in the K-12 market and for his
leadership experience, which provided stability for our sales
organization during our technology transitions and challenging
macro-economic conditions. He guided the team to the solid 2009 results
that helped fund our product transformation, which leaves us in a strong
position for future growth. We greatly appreciate the professionalism
and dedication he brought to the Company.”
“We are continuing to shift and streamline our sales processes to better
fit our new on-demand platform and pricing structure that we launched
last quarter. With a 27% increase in the number of transactions during
the second quarter of 2011, we’re confident that our increased alignment
and collaboration between marketing, inside sales and field sales is
making a positive impact on our business.”
About Scientific Learning Corporation
We accelerate learning by applying proven research on how the brain
learns. Scientific Learning’s results are demonstrated in over 200
research studies and protected by over 55 patents. Learners can realize
achievement gains of 1 - 2 years in as little as 8 - 12 weeks and
maintain an accelerated rate of learning even after the programs end.
Today, learners have used nearly 3 million Scientific Learning software
products, which apply “Brain Fitness” principles to the areas of English
language and reading. We provide our offerings directly to parents, K–12
schools and learning centers, and in more than 40 countries around the
world. For more information, visit http://www.scilearn.com/
or call toll-free (888) 358-0212.
Forward-Looking Statements
This press release contains forward-looking statements that are subject
to the safe harbor created by the federal securities laws. Such
statements include, among others, statements relating to the impact and
potential of SciLEARN On-Demand, our changed pricing structure and
organizational alignment, increased transaction volume and the outlook
for future sales. Such statements are subject to substantial risks and
uncertainties. Actual events or results may differ materially as a
result of many factors, including but not limited to: general economic
and financial conditions (including current adverse conditions in
government budgets and the general economy); availability of funding to
purchase the Company's products and generally available to schools,
including the amount and duration of federal stimulus funding;
unexpected challenges in product development; the acceptance of new
products and product changes in existing and new markets; acceptance of
subscription and other recurring offerings; seasonality and sales cycles
in Scientific Learning's markets; competition; the extent to which the
Company's marketing, sales and implementation strategies are successful;
personnel changes; the Company's ability to continue to demonstrate the
efficacy of its products, and other risks detailed in the Company's SEC
reports, including but not limited to the Report on Form 10-Q for the
quarter ended June 30, 2011 (Part II, Item 1A, Risk Factors), filed
August 12, 2011. The Company disclaims any obligation to update
information contained in these forward-looking statements, whether as a
result of new information, future events, or otherwise.

Contacts:
Media Contact:
Scientific Learning Corporation
Jessica
Lindl, 510-625-6784
Senior Vice President, Marketing and Inside
Sales
jlindl@scilearn.com
or
Investor
Contact:
The Blueshirt Group
Stacie Bosinoff, 415-217-7722
investorrelations@scilearn.com
stacie@blueshirtgroup.com
Source: Scientific Learning Corporation
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