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Blackbaud Launches Expanded Fundraising Solution; Enhances The Raiser's Edge-R- by putting live data into fundraisers' hands.


CHARLESTON, S.C. -- Blackbaud, Inc. (Nasdaq: BLKB BLKB Backlit Keyboard (Apple computers) ), the leading provider of software and related services designed specifically for nonprofit organizations Nonprofit Organization

An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well.

Notes:
Examples of non-profit organizations are charities, hospitals and schools.
, announced today the release of a powerful new version of the company's market-leading fundraising solution. With The Raiser's Edge integrated Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term.  platform, fundraisers now have instant access to live data from online sources, allowing them to better cultivate relationships and raise critical funds.

With more than two decades of service to nonprofits and approximately 13,000 customers, Blackbaud provides technology solutions that help nonprofits operate more effectively. Many leading organizations such as Catholic Charities of the Archdiocese of Chicago Catholic Charities of the Archdiocese of Chicago is the largest in a nationwide network of faith-based social service providers that form Catholic Charities. Together they form the largest private network of social service providers in the United States. , The Hospital for Sick Children Foundation, and the American Society for the Prevention of Cruelty to Animals American Society for the Prevention of Cruelty to Animals (A.S.P.C.A.), chartered in 1866 in New York by Henry Bergh to shelter homeless animals, to assist farmers in caring for their livestock, and to cooperate with law enforcement agencies in the prosecution of  rely on Blackbaud's fundraising solutions for donor identification, acquisition, and retention. Blackbaud designed this new version of The Raiser's Edge to help nonprofits meet the growing need for funds from individuals through the cultivation of major gifts and the use of direct mail, telephone, and online annual giving Annual giving is one of the most important areas in an organization’s fundraising efforts. Annual giving consists of many separate solicitation vehicles. When these vehicles are assembled together with skill, they can form the foundation of the institution’s  solicitations.

"With this release, we are taking what is often viewed as a back-office tool and turning it into a dynamic resource that allows fundraisers to more quickly develop high-quality relationships," said Robert J. Sywolski, chief executive officer of Blackbaud, Inc., which has been providing nonprofits with practical innovations since 1981. "In addition to saving time and increasing their productivity, fundraisers will be better positioned to succeed as they strive to connect with those people who can make the most financial difference to their missions."

How it works

The Raiser's Edge gives nonprofits the tools they need to cultivate lifelong relationships with donors, save time and money by streamlining important daily processes, demonstrate increased accountability, and diversify fundraising methods to stand apart from the competition.

By incorporating an integrated Web services platform into the solution that pulls data into The Raiser's Edge, fundraisers will now also be able to:

--Instantly access financial, biographical, and demographic data on individuals, enabling them to focus attention on prospects who could have long-term financial impact on their organization

--Easily launch or expand a prospect research program, helping the organization focus on its best prospects, ask for the right amounts, and plan its fundraising strategy

--Make the most of special events by quickly learning more about new prospects

--Ensure they identify every opportunity to connect with a potential major donor

The company's first Web service offering is WealthPoint(TM) for The Raiser's Edge, an integrated version of Blackbaud's popular prospect research tool, which aggregates public information on major donor prospects.

"We are particularly excited about how our new platform expands the reach of The Raiser's Edge. New services can easily be delivered directly into the application, allowing fundraisers to instantly take advantage of the emerging global network of Web services," said Shaun Sullivan, chief technology officer at Blackbaud, Inc. "WealthPoint for The Raiser's Edge is just the beginning of a compelling array of Web-service offerings we will be adding to the solution, all designed to help our customers gain a competitive edge."

About Blackbaud, Inc.

Blackbaud is the leading global provider of software and related services designed specifically for nonprofit organizations. Approximately 13,000 organizations - including the American Red Cross American Red Cross: see Red Cross. , Bowdoin College Bowdoin College, at Brunswick, Maine; coeducational; chartered 1794, opened 1802, named for James Bowdoin. One of the nation's older colleges, its alumni include Nathaniel Hawthorne, Henry Wadsworth Longfellow, and Franklin Pierce. , the Chesapeake Bay Foundation The Chesapeake Bay Foundation
The Chesapeake Bay Foundation (CBF), the United States' largest regional conservation organization, is dedicated to the restoration and protection of the Chesapeake Bay and its tributary rivers.
, the Crohn's & Colitis Foundation of America, the Detroit Zoological Society, Episcopal High School Episcopal High School is a common name for high schools affiliated with the Episcopal Church in the United States of America, including:
  • Episcopal High School (Alexandria) of Alexandria, Virginia
  • Episcopal High School (Baton Rouge) of Baton Rouge, Louisiana
, Help the Aged, the New York Philharmonic The New York Philharmonic is the oldest active symphony orchestra in the United States, organized during 1842. Based in New York City, the Philharmonic performs most of its concerts at Avery Fisher Hall and has long been considered one of the best orchestras in the world.  and United Way of America United Way of America: see community chest.  - use Blackbaud products and consulting services for fundraising, financial management, business intelligence, and school administration. Blackbaud's solutions include The Raiser's Edge(R), The Financial Edge(TM), The Education Edge(TM), The Patron Edge(TM), Blackbaud(R) NetCommunity(TM), The Information Edge(TM), WealthPoint(TM), and ProspectPoint(TM), as well as a wide range of consulting and educational services. Founded in 1981, Blackbaud is headquartered in Charleston, South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures


Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15.
, and has operations in Toronto, Ontario; Glasgow, Scotland; and Sydney, Australia. For more information, visit www.blackbaud.com.

Blackbaud, the Blackbaud logo, The Raiser's Edge, The Financial Edge, The Education Edge, The Patron Edge, Blackbaud NetCommunity, The Information Edge, WealthPoint and ProspectPoint are trademarks or registered trademarks of Blackbaud, Inc.

Forward-looking statements

Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: risk associated with successful implementation of multiple integrated software Separate software components or applications that have been combined into one package. See integrated software package.  products; lengthy sales and implementation cycles, particularly in larger organizations; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; adoption of our products and services by nonprofits; risks related to our dividend policy and self tender offer, including potential limitations on our ability to grow and the possibility that we might discontinue payment of dividends; risk associated with product concentration; economic conditions and seasonality; competition; risks associated with management of growth; risks associated with acquisitions; technological changes that make our products and services less competitive; the ability to attract and retain key personnel; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge upon request from Blackbaud's investor relations Investor relations

The process by which the corporation communicates with its investors.
 department.
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Publication:Business Wire
Date:Jun 7, 2005
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