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YouTube Video & Microsite from Today's #CSEd2C Town Hall

Thank you to everyone who joined us and Tata Consultancy Services (TCS) for our Computer Science Education: Putting Policy and Practice Together Town Hall celebrating Computer Science Education Week. It's incredible to think that just during the span of the Town Hall on Google+, the numbers of students who have already participated in the Hour of Code jumped from 11 million to 11.5 million. Even more amazing is that 53% of them are girls!

Special thanks to Cameron Wilson from Code.org for providing those numbers and the rest of our incredible speakers Surya Kant, Balaji Ganapathy, and Caitlin Olson from TCS, Rob Atkinson from ITIF, and, representing STEMconnector, Ted Wells and Edie Fraser.

Make sure you check out TCS's Microsite, which includes a free download White Paper on the Future of Computer Science Education, Key Recommendations, and Info-Graphics: http://on.tcs.com/CSEd2C 

And in case you missed the live event, no worries- it's already up on our YouTube Page. youtube.com/stemconnectororg and down below. Enjoy!

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Alfred Grasso: Building the Next Generation of Innovators

This is a Guest Blog by Alfred Grasso: President and CEO of The MITRE Corporation

Our nation’s future depends in large part on fostering innovation in the STEM (science, technology, engineering, and math) fields—yet the number of American students pursuing STEM education continues to decline. In underserved communities, there has been even less of a focus on STEM education. The numbers are striking.
 
By 2050, African Americans, Latinos, Native Americans, Alaskan Natives, Native Hawaiians, and Pacific Islanders will make up 45 percent of the U.S. population. (Census Bureau) Still, these populations continue to be underrepresented in the STEM fields.
 
African Americans comprise 15 percent of the population of adults in their early twenties, but they receive only 8 percent of bachelor’s degrees in science and engineering. (National Science Foundation) 
 
Even more staggering are the statistics on advanced degrees. African Americans, Hispanic Americans, and Native Americans historically make up less than 1 percent of all Ph.D. graduates in science and engineering. (2002 Survey of Earned Doctorates) 
 
Equally concerning, women make up 58 percent of college students yet only 18 percent of engineering students.
 
STEM education—particularly for underrepresented groups—must be increased to ensure the competitiveness of our country. Organizations like the National Action Council for Minorities in Engineering and the National GEM Consortium are playing important roles as they work to increase the number of underrepresented groups pursuing education and careers in the STEM fields. These organizations are among a larger group of not-for-profit organizations that promote participation by underrepresented groups in undergraduate and post-graduate science and engineering education and in the technical workforce. 
 
Student programs can inspire deep interests in STEM related fields for students of all ages and backgrounds. These programs match students with professional staff working on technical problems that have real-world impact. The translation of math and science skills into practical application is especially important to the next generation of students and professionals who are increasingly seeking relevance and purpose in their pursuits.
 
Equally important are STEM teacher programs that provide much needed resources and continuing development for our educators. We cannot make up the deficit in STEM students without first addressing the need to have sufficient numbers of well qualified teachers. Armed Forces Communications and Electronics Association (AFCEA) and National Science Teachers Association (NSTA)  have partnered to offer scholarships to students actively pursuing an undergraduate degree, graduate degree, or credential/licensure for the purpose of teaching STEM subjects at a U.S. middle or secondary school.
 
MITRE is deeply committed to advancing STEM education in the United States. Our Student Program enables 200 young people annually to join MITRE in a co-op, internship, or full-time job. MITRE has sponsored more than 70 GEM interns and hired many into permanent positions. Because it’s important to reach students at an early age, we allocate hours for our employees to volunteer their time and talent in the community. MITRE’s annual Young Women in Engineering events in McLean, VA, and Bedford, MA, have reached hundreds of middle-school girls, many of whom go on to pursue STEM careers. Our employees also mentor students in the community, serve as judges in science fairs, host robotics and LEGO competitions, and speak at local schools—all to pass along their enthusiasm for science and technology.
 
We believe the best and most innovative solutions are achieved when teams with diverse skills, experiences, and perspectives collaborate. It’s imperative that we nurture diversity in the workplace and in our schools and communities, and we are pleased to share our practices that have delivered strong results. I am confident that our collective success will ultimately lead to world-changing innovations. 
 
Alfred Grasso is an honoree in our 100 CEO Leaders in STEM Publication. He was featured in the #100STEMCEOs Blog Series earlier this year. Check out our Q&A with him here: http://blog.stemconnector.org/todays-ceo-leader-stem-alfred-grasso-mitre
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The Gooru Corner: Ending Overfishing

 
We all may know vaguely that overfishing is happening in our oceans, but very rarely does the issue actually confront us. This beautiful, unsettling video is a phenomenal introduction to overfishing: the crisis, the causes, and how we can step in to save our oceans. Whether you're interested in ecology or just interested in seafood, this video is a must-watch.
 
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Gooru is a free search engine for learning developed by a 501(c)(3) non-profit organization whose mission is to honor the human right to education. Visit us at www.goorulearning.org.

 

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Rosetta Stone to Acquire Leading International Language Company Tell Me More, Bolstering Position in Global B2B Market

Acquisition Expands Geographic Footprint in Europe and China, Adds Complementary Intermediate and Advanced Language Products

ARLINGTON, VA - December 11, 2013 | Rosetta Stone Inc. (NYSE:RST), a leading provider of education technology and language-learning solutions, today announced it has agreed to acquire Tell Me More S.A., a global language-learning software company with significant presence throughout Europe, including France and Spain, as well as in the U.S., Latin America and China.  The purchase price is €20.75 million ($28 million), including assumed net debt.
 
Approximately 95% of Tell Me More’s €18.5 million ($25 million) business is focused on the Corporate and Higher Education verticals.  The company offers a robust suite of SaaS-based language learning products and services that provides intermediate, advanced and business language solutions in nine languages.  Tell Me More currently serves more than 3,000 customers worldwide and will increase Rosetta Stone’s Enterprise & Education business to over $100MM on an annualized basis.
 
“Tell Me More is an exceptional fit for Rosetta Stone,” said Steve Swad, President and CEO of Rosetta Stone.  “This acquisition will immediately strengthen our growing Enterprise & Education business with a complementary suite of products and services that enhances our offering around the world.  We will also be significantly building up our European operations and acquiring an established operation in China, where we are not present today.  In addition,” Swad continued, “we are going to introduce Tell Me More’s products into some of our Consumer markets, giving our customers even greater choice.”
 
Tell Me More’s core offering is built on a sophisticated Software-as-a-Service (SaaS) platform that includes up to 2,000 hours of instructional content with over 35 learning activities per language, including assessment, placement and certification testing that is aligned with standards.  With Tell Me More, Rosetta Stone will now offer the most comprehensive suite of products and services in the industry with the broadest number of languages, greatest depth of content and largest geographic reach.
 
“Rosetta Stone is one of the most respected language-learning brands in the world and we’re delighted to join and help grow the company,” said Nagi Sioufi, CEO and founder of Tell Me More. “We’ve been developing and marketing comprehensive language-learning solutions for schools and businesses for over two decades, and this partnership will enable us to reach more consumers and organizations than ever before. This is an excellent strategic match, making the combined company a stronger player in the market.”
 
Rosetta Stone expects to fully integrate Tell Me More’s operations and achieve significant synergies from combining the two companies.  In particular, the direct sales forces of the two companies will be united under the Rosetta Stone brand, taking advantage of Rosetta Stone’s sales and marketing infrastructure and overall scale to grow the combined company.
 
“The acquisition of Tell Me More is an exciting way to close out what has been a transformative year for Rosetta Stone,” added Swad.  “We believe that with Tell Me More under the Rosetta Stone brand, we will be leveraging the scale and brand equity of Rosetta Stone to deliver compelling solutions for our customers and create value for shareholders.”
 
Financial Outlook*
 
In 2014, Rosetta Stone expects that the acquisition of Tell Me More will contribute bookings in a range of $25 million to $27 million.  Adjusted Operating EBITDA is expected to be in a range of $3 million to $4 million, excluding the impact from one-time integration expenses, which are estimated at $3 million to $4 million.  For the year, Rosetta Stone expects free cash flow from Tell Me More to be neutral as cash from operations is offset by integration expenses.
 
Beyond 2014, Rosetta Stone expects the contribution from Tell Me More to reflect modest top-line growth and Adjusted Operating EBITDA margins of 25% or greater.
 
The company expects to provide an update for its 2014 outlook when it reports fourth quarter 2013 earnings results.
 
Rosetta Stone expects to close the transaction in January 2014.
 
The company has made a presentation regarding this acquisition available on the "Investor Relations" page of the company's website at http://investors.rosettastone.com
 
SunTrust Robinson Humphrey, Inc. is acting as exclusive financial advisor to Rosetta Stone in connection with this transaction.
 
*This press release contains several non-GAAP financial measures.
 
Bookings represent executed sales contracts received by the Company that are either recorded immediately as revenue or as deferred revenue.
 
Adjusted Operating EBITDA is GAAP net income or loss plus interest income and expense, income tax benefit and expense, depreciation, amortization and stock-based compensation expenses, plus the change in deferred revenue.  Adjusted EBITDA excludes any items related to the litigation with Google Inc., restructuring costs and transaction and other costs, including integration expenses, associated with mergers and acquisitions. 
 
About Rosetta Stone Inc.
Rosetta Stone Inc. (NYSE: RST) is dedicated to changing the way the world learns. The company’s innovative technology-driven language and reading solutions are used by thousands of schools, businesses, government organizations and millions of individuals around the world. Founded in 1992, Rosetta Stone pioneered the use of interactive software to accelerate language learning. Today the company offers courses in 30 languages, from the most commonly spoken (such as English, Spanish and Mandarin) to the less prominent (including Swahili, Swedish and Tagalog). In 2013, Rosetta Stone expanded beyond language and deeper into education-technology with its acquisitions of Livemocha and Lexia Learning. Rosetta Stone is based in Arlington, VA, and has offices in Harrisonburg, VA, Boulder, CO, Austin, TX, San Francisco, CA, Seattle, WA, Concord, MA, Tokyo, Seoul, London, Dubai and Sao Paulo.
 
For more information, visit www.rosettastone.com.
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The New York Times Editorial Board Cites 100Kin10 as "Most Important Effort" in STEM Teacher Preparation

The New York Times Editorial Board Cites 100Kin10 as "Most Important Effort" in STEM Teacher Preparation (via PR Newswire)

NEW YORK, Dec. 10, 2013 /PRNewswire-USNewswire/ -- A full-page editorial in The New York Times called 100Kin10 "the most important effort" in STEM teacher preparation in the country. The December 8 editorial highlighted potential solutions for improving…

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STEM Leaders to Release Computer Science Education Roadmap

STEM Leaders to Release Computer Science Education Roadmap (via PR Newswire)

Live Town Hall, White Paper and Microsite to Unveil Education Blue Print Download image Tata Consultancy Services.(PRNewsFoto/Tata Consultancy Services) WASHINGTON and MUMBAI, India, Dec. 10, 2013 /PRNewswire/ -- Tata Consultancy Services (TCS), (BSE…

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Leidos Supports AFA's CyberPatriot Program as Cyber Silver Sponsor

Leidos Supports AFA's CyberPatriot Program as Cyber Silver Sponsor (via PR Newswire)

ARLINGTON, Va., Dec. 9, 2013 /PRNewswire-USNewswire/ -- The Air Force Association (AFA) today announced that Leidos [NYSE: LDOS], a national security, health, and engineering solutions company, will continue as a sponsor for CyberPatriot –The National…

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This Week in The Gooru Corner: Overfishing

 

 
The ocean covers 70% of the surface of our planet. However, we're quickly learning that its resources are not inexhaustible. Modern commercial fishing practices are emptying out the seas at an alarming rate: some estimates suggest that stocks of large fish have plummeted by 90% in just 60 years. This week in the Gooru corner we'll investigate the problem, its causes, and what we can do to help out. Stay tuned!
 
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Gooru is a free search engine for learning developed by a 501(c)(3) non-profit organization whose mission is to honor the human right to education. Visit us at www.goorulearning.org.
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Join our #CSEd2C Town Hall with Tata this Thursday at 2PM!

 
 
To celebrate #CSEdWeek, we're hosting a Town Hall this Thursday, December 12 at 2PM ET focusing on the challenges and opportunities confronting Computer Science Education today. This open-to-the-public online event will be broadcast via YouTube and Google+ and viewers will have the opportunity to participate in the conversation through an online chat. This #Hashtag for this event will be #CSEd2C.
 
The Town Hall will feature a the release of a Collaborative White Paper with Tata Consultancy Services on effective strategies for supporting Computer Science Education nationwide. Leading advocates, policy makers, implementers and industry representatives will present.
 
 
Speakers include:
 
* Senator Maria Cantwell - Washington State [INVITED]
* Rep. Joe Kennedy (@RepJoeKennedy)- Massachusetts [INVITED]
* Rep. Mike Honda (@RepMikeHonda)- California [Confirmed]
* Surya Kant - President North America, UK & Europe, Tata Consultancy Services
* Cameron Wilson (@CameronPWilson) - COO, Computing in the Core/Code.org 
* Balaji Ganapathy (@musafirbala) - Head, Workforce Effectiveness, Tata Consultancy Services
* Edie Fraser - CEO, STEMconnector®
 
Moderators: Ted Wells, Director of Strategic Partnerships, STEMconnector® and Caitlin Olson, Director of STEM Initiatives,Tata Consultancy Services
 
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Students Building a Better World Through Design Thinking

Students Building a Better World Through Design Thinking (via PR Newswire)

What Can Education Learn From Silicon Valley? SAN FRANCISCO, Dec.6, 2013 /PRNewswire-iReach/ -- EXTREME BY DESIGN, a new documentary produced by Hawkview Pictures and Kikim Media, premieres Wednesday December 11, 2013, 10:00 - 11:00 p.m. ET (check…

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