Three-Fourths of U.S.News & World Report's Top-Ranked
National Universities Use Blackboard Software
WASHINGTON, Oct. 19 /PRNewswire-FirstCall/ -- Blackboard Inc.
(Nasdaq: BBBB) announces that more than 150 of the 239 schools included in the
2005 U.S.News & World Report ranking of top tier national universities and
liberal arts colleges rely on Blackboard(R) software to create a networked
learning environment. In the U.S.News & World Report's America's Best Colleges
2005's Top National Universities, nearly 75% of the 129 universities listed
use the Blackboard Academic Suite(TM), the Blackboard Commerce Suite(TM), or
both. Top-five ranked national universities, including Princeton University
and Duke University, are among the 96 U.S.News & World Report's Top National
Universities using Blackboard systems.
In the U.S.News & World Report's ranking of Top Liberal Arts Colleges, 60
of the top 110 are efficiently managing online learning or student ID card
transactions using Blackboard(R) systems. The 60 Blackboard clients on this
list represents 55% of the schools in the Liberal Arts Colleges category and
many of the remaining ranked colleges do not use any networked learning
solutions. Additionally, the top three schools in this category -- Williams
College, Amherst College and Swarthmore College -- are all active Blackboard
clients.
"We have been using the Blackboard Learning System for the past five
years, and faculty and students here have come to depend on it," said Amy
Campbell, Senior Academic Technology Consultant at the Center for
Instructional Technology at Duke University. "A growing proportion of classes
at Duke use Blackboard to support teaching and learning, and students and
faculty report a high level of satisfaction with Blackboard functionality and
ease of use."
"I would like to congratulate our clients on their positions of leadership
in the U.S. higher education community," said Matthew Pittinsky, Chairman of
Blackboard. "It is exciting to see the incredible work of so many of our
clients recognized."
About Blackboard Inc.
Blackboard is a leading provider of enterprise software and services to
the education industry. The Company's product line consists of five software
applications bundled in two suites, the Blackboard Academic Suite(TM) and the
Blackboard Commerce Suite(TM). Blackboard's clients include colleges,
universities, schools and other education providers, as well as textbook
publishers and student-focused merchants that serve education providers and
their students. Blackboard is headquartered in Washington, D.C., with offices
and staff in North America, Europe and Asia.
Any statements in this press release about future expectations, plans and
prospects for Blackboard and other statements containing the words "believes,"
"anticipates," "plans," "expects," "will," and similar expressions, constitute
forward-looking statements within the meaning of The Private Securities
Litigation Reform Act of 1995. Actual results may differ materially from those
indicated by such forward-looking statements as a result of various important
factors, including the factors discussed in the "Risk Factors" section of our
most recent 10-Q filed with the SEC. In addition, the forward-looking
statements included in this press release represent the Company's views as of
October 19, 2004. The Company anticipates that subsequent events and
developments will cause the Company's views to change. However, while the
Company may elect to update these forward-looking statements at some point in
the future, the Company specifically disclaims any obligation to do so. These
forward-looking statements should not be relied upon as representing the
Company's views as of any date subsequent to October 19, 2004.
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SOURCE Blackboard Inc.
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Related links:
http://www.blackboard.com
CONTACT:
Investors: Michael J. Stanton of Blackboard
Inc., +1-202-463-4860, ext. 2305; or Media: Darren Spinck of DBC
Public Relations, +1-866-774-4720, for Blackboard Inc.
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