New York, NY, July 24, 2007 — In support of the National Governors Association´s (NGA)Innovation America initiative, a lively new web site aimed at getting middle school students excited about science, technology, engineering and math (STEM) and inspiring and preparing them to become the innovators of the 21st century, launched at the National Governors Association 2007 Annual Meeting last weekend. The web site, www.youinnovate21.net, is the result of a collaboration between Scholastic, the global children´s publishing, education and media company and the NGA.

"We must prepare students of today to become the innovative leaders of tomorrow," said Governor Janet Napolitano, who developed and led NGA´s Innovation America initiative. "This web site will bring science, technology, education and math to life for children, which in turn will give them the tools to become innovators."

Participants at the National Governors Association 2007 Annual Meeting weighed-in on www.youinnovate21.net and identified "Education and Workforce Development" as one of the next decade´s most urgent areas of American innovation. The web site features standards-based content to encourage young people to plan for careers that can better our world through innovation.

"Scholastic inspires children to learn by providing them with enticing educational content that propels them into new intellectual territory. With youinnovate21, Scholastic has developed a web site that helps young people see their role in solving society´s problems and shaping the future of our nation," says Karen Proctor, Scholastic Vice President of Community Affairs and Government Relations.

Through interactive games and activities on www.youinnovate21.net, students will have the opportunity to embark on innovation and identify professions and lifework that are aligned with their passions and interests. Specifically, the web site will:

? IMPART KNOWLEDGE through content embedded in brain teasers, activities, multimedia experiences, and games;
? CHART CAREERS in STEM-related fields using a dynamic career simulator that concentrates on the path from education to employment in more than 300 fields
? ENCOURAGE YOUNG PEOPLE to convey their own ideas about innovation through contests; and
? OFFER TEACHERS INFORMATION to augment and inspire their curriculum.

The web site´s rich content evolved from the archives and resources available to Scholastic Inc. through partnerships with the American Museum of Natural History and the Museum of Science Boston, Scholastic divisions including Grolier Online and Tom Snyder Productions and Scholastic Classroom Magazines.

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.

About the National Governors Association
Founded in 1908, the National Governors Association (NGA) is the collective voice of the nation´s governors and one of Washington, DC´s most respected public policy organizations. Its members are the governors of the 50 states, three territories and two commonwealths. NGA provides governors and their senior staff members with services that range from representing states on Capitol Hill and before the Administration on key federal issues to developing and implementing innovative solutions to public policy challenges through the NGA Center for Best Practices. For more information, visit www.nga.org.

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