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Blackboard Inc. to Present at Bank of America Securities Third Annual Consumer Conference.


Business Editors

WASHINGTON--(BUSINESS WIRE)--April 4, 2002

Blackboard Inc., the leading software infrastructure company for e-Education, today announced that Matthew Pittinsky, chairman and Co-Founder, will make a presentation to the investment community on Monday, April 8, 2002 at 9:40 a.m. Eastern Time, at Bank of America's Third Annual Consumer Conference held at The Palace Hotel in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
.

Mr. Pittinsky will provide an overview of the post-secondary e-Education industry, as well as a view of the company's position as a leader in providing e-Education solutions. Mr. Pittinsky will also detail Blackboard's FY 2001 financial performance of $46.5 million in total revenues.

Parties interested in scheduling an individual briefing should contact Michael J. Stanton at Blackboard at mstanton@blackboard.com or 202-463-4860 ext. 305.

About Blackboard Inc.

Blackboard Inc. was founded to transform the Internet into a powerful environment for teaching and learning. The company offers a complete suite of enterprise software products and services that power a total "e-Education Infrastructure" for schools, colleges, universities and other education providers.

Blackboard solutions deliver the promise of the Internet for online teaching and learning, campus communities, auxiliary services and integration of Web-enabled student services and back office systems.

Blackboard's Learning, Community Portal and Transaction Systems are consistently ranked by industry analysts as the market share and client satisfaction leaders for thousands of academic institutions and a leading number of the Internet's most popular consumer education sites.

The company is headquartered in Washington, D.C., with offices and staff across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia. Please visit www.blackboard.com for more information.

A privately-held company based in Washington, D.C., Blackboard Inc. has raised more than $100 million in capital from top-tier strategic, venture capital, and private equity investors.

Blackboard maintains close partnerships with its investors to fully leverage their industry relationships, financial expertise, and strategic guidance. Blackboard strategic investors include AOL-Time Warner (NYSE NYSE

See: New York Stock Exchange
: AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. ), Dell Computer Corporation (company) Dell Computer Corporation - One of the biggest US manufacturers of IBM PC compatibles.

"From notebooks to networks", their slogan says.

http://us.dell.com.
 (Nasdaq: DELL), Kaplan Ventures, Microsoft Corporation (company) Microsoft Corporation - The biggest supplier of operating systems and other software for IBM PC compatibles. Software products include MS-DOS, Microsoft Windows, Windows NT, Microsoft Access, LAN Manager, MS Client, SQL Server, Open Data Base Connectivity (ODBC), MS Mail,  (Nasdaq: MSFT MSFT Microsoft (stock symbol)
MSFT Movimento Sociale Fiamma Tricolore (Italy)
MSFT Multi-Stage Fitness Test
MSFT Master of Science in Family Therapy
MSFT Macalester Students for Fair Trade
), and Pearson Education.

Blackboard's financial investors include The Aurora Funds, The Carlyle Group, Dain Rauscher, Edelson Technology Partners, Internet Capital Group (Nasdaq: ICGE), Merrill Lynch (NYSE: ML), Morgan Keegan, Novak Biddle and Oak Hill Capital Partners.
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Publication:Business Wire
Geographic Code:1USA
Date:Apr 4, 2002
Words:366
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