SCHOLASTIC EXPANDS ONLINE EDUCATOR COMMUNITY WITH TEACHERSPAYTEACHERS.COM


Developed by Former NYC Public School Teacher, Web Site is First Marketplace Where Educators Can Share Best Practices by Buying and Selling Original Course Materials

New York, NY (January 25, 2007) -- As part of its ongoing commitment to support teachers with innovative resources, Scholastic, the global children’s publishing, education and media company, is teaming with TEACHERSpayTEACHERS.com, an online community where educators can share ideas and best practices with colleagues around the country.  Created by an experienced public school teacher, TEACHERSpayTEACHERS.com is the first online marketplace that offers talented teachers the opportunity to sell their original course materials and provides educators with access to a repository of teacher-tested, original lessons and resources for purchase.  Scholastic’s vast reach into classrooms will help to grow this online community with teachers looking to share and find the best materials. 
 
TEACHERSpayTEACHERS.com was developed by former New York City public school teacher and entrepreneur Paul Edelman, who shared teaching ideas with colleagues and borrowed theirs in return during his tenure in the classroom. Those daily in-school exchanges inspired the creation of TEACHERSpayTEACHERS.com, an online community where teachers can share best practices with colleagues by posting their original course materials online for sale.  In turn, other teachers save precious planning-time and find classroom-tested, high-quality materials by purchasing lesson plans, lectures, projects, worksheets, study guides, and more while supporting their colleagues.
 
In making the announcement, Seth Radwell, President, eScholastic said, “Scholastic is continuing to invest in innovative resources that enable teachers to collaborate with colleagues and make their lives easier, while meeting the needs of their students.  As a former educator, Paul Edelman understands the challenges that busy teachers face to search for and create instructional materials that excite and motivate students.  We are excited about the opportunity to work with him to further expand opportunities for educators to share their best practices and creative resources with colleagues, supplement their income, and access much needed course materials online.”
 
“As a former teacher, I know that educators trust Scholastic as a reliable source of information and quality learning materials. I am excited to leverage Scholastic’s vast network of educators to further build the community at TEACHERSpayTEACHERS.com where smart teachers can make an impact on the profession by sharing their creative course materials and busy teachers can turn to their colleagues to find proven-to-work resources and ideas for their classrooms,” said Paul Edelman, founder of TEACHERSpayTEACHERS.com.
 
About Scholastic
Scholastic Corporation (NASDAQ: SCHL) is the world's largest publisher and distributor of children's books and a leader in educational technology.  Scholastic creates quality educational and entertaining materials and products for use in school and at home, including children's books, magazines, technology-based products, teacher materials, television programming, film, videos and toys.  The Company distributes its products and services through a variety of channels, including proprietary school-based book clubs, school-based book fairs, and school-based and direct-to-home continuity programs; retail stores, schools, libraries and television networks; and the Company's Internet site, www.scholastic.com.

Contacts:
Scholastic
Kyle Good
212-343-4563