DALLAS, Jan. 12 /PRNewswire-FirstCall/ -- Voyager Learning Company (OTC:
VLCY.PK) a publisher of education materials and provider of education
solutions in the K-12 market, filed its fiscal quarterly reports for 2008 with
the Securities and Exchange Commission ("SEC") on Friday, January 9, 2009.
Upon filing these reports, the Company is current with its filings with the
SEC. The next periodic filing will be the Form 10-K for fiscal year 2008. This
report is currently scheduled to be filed no later than March 16, 2009.
About Voyager Learning Company
Voyager Learning Company (OTC: VLCY.PK) is based in Dallas, Texas, and is
a publisher of education materials and provider of education solutions serving
the K-12 market. Through its product lines, which include Voyager Expanded
Learning, ExploreLearning and Learning A-Z, the Company is a leading provider
of K-12 curriculum products, in-school core reading programs, reading and math
intervention programs, and professional development programs for school
districts throughout the United States.
Forward-Looking Statements
Some of the statements contained herein constitute forward-looking
statements. These statements relate to future events, the results of our
pending restatement process, and our future financial performance and involve
known and unknown risks, uncertainties and other factors that may cause our or
our markets' actual results, levels of activity, performance or achievements
to be materially different from any future results, levels of activity,
performance or achievements. These risks and other factors you should consider
include, but are not limited to, the Company's ability to successfully
conclude the review and completion and filing of its financial results for
fiscal year 2006 and 2007, the existing securities and derivative litigation
in which the Company is involved and any other current or future litigation,
results related to the investigation of the Securities and Exchange
Commission, the Company's ability to successfully settle the securities class
action litigation and the investigation with the SEC, additional expenses
related to the transition of the corporate administrative functions to
Dallas, loss of key personnel, success of ongoing product development,
maintaining acceptable margins, the ability to control costs, changes in
customer demands or industry standards, the ability to successfully attract
and retain customers, the ability to sell additional products to existing
customers and win new business from new customers, the ability to maintain a
broad customer base to avoid dependence on a few customers, the risks and
uncertainties affecting the Company, K-12 enrollment and demographic trends,
the level of educational and education technology funding, the impact of
federal, state and local regulatory requirements on the Company's business,
the impact on the Company's stock price and trading volume as a result of the
Company's common stock being traded over-the-counter, the impact of
competition and the risk that our competitors will seek to capitalize on the
risks and uncertainties confronting the Company including those listed above
and the uncertainty of economic conditions in general, financial market
performance, and other risks listed under "Risk Factors" in our filings with
the Securities and Exchange Commission. In some cases, you can identify
forward- looking statements by terminology such as "may," "should," "expects,"
"plans," "anticipates," "believes," "estimates," "predicts," "potential,"
"continue," "projects," "intends," "prospects," "priorities," or the negative
of such terms or other comparable terminology. These statements are only
predictions. Actual events or results may differ materially. The Company
undertakes no obligation to update any of these statements.
