Bowdoin College Selects The Financial Edge-TM- and The Information Edge-TM- from Blackbaud; Expands Blackbaud Technology Platform to Include Financial Management and Business Intelligence.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, announced today that 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. has selected the company's financial management and business intelligence solutions to replace its current financial system software and enhance communication of financial information. A customer since 2000, this move expands Bowdoin College's relationship with Blackbaud beyond the development office, where more than 100 staff members across the campus rely on The Raiser's Edge(R) - the company's award-winning fundraising solution - to manage their daily operations and help strengthen the relationships they have with their alumni, parents and friends. "After an extensive review of competitive products, we found The Financial Edge and The Information Edge to be the right solution for Bowdoin," said Mitch Davis, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. for Bowdoin College. "Based on cost, performance, existing software integration, technology platform and implementation approach, we determined Blackbaud was a solid fit with our specific nonprofit requirements." Founded in 1794, Bowdoin College is one of the nation's top liberal arts liberal arts, term originally used to designate the arts or studies suited to freemen. It was applied in the Middle Ages to seven branches of learning, the trivium of grammar, logic, and rhetoric, and the quadrivium of arithmetic, geometry, astronomy, and music. institutions and a leader in using state-of-the-art technology to manage its fundraising and alumni relations efforts. Last year, after deciding to replace its outdated accounting software, the College sought a solution that would provide stability and would work with its existing fundraising and relationship management system. To this end, the College will deploy a combination of software and services from Blackbaud including The Financial Edge(TM) (for financial management) and The Information Edge(TM) (for Business Intelligence). Because the solutions are designed to integrate with The Raiser's Edge, the College will be able to extend its existing technology platform, maintain accurate financial data, provide executive reporting, and improve accountability. "We are proud to be expanding our close relationship with Bowdoin College, a long-time customer that shows true leadership in how it uses technology to power critical processes," said Robert J. Sywolski, chief executive officer of Blackbaud, Inc. "Bowdoin truly understands the importance of connecting its strong fundraising technology platform to financial technology platforms, providing high-quality data to the campus." Hundreds of major colleges and universities rely on Blackbaud's integrated solutions to increase the efficiency of their fundraising operations. About Bowdoin College Bowdoin College is an independent, nonsectarian, coeducational co·ed·u·ca·tion n. The system of education in which both men and women attend the same institution or classes. co·ed , residential, undergraduate liberal arts institution founded in 1794. It is located in Brunswick, a town of 22,000 on the Maine coast. Study at Bowdoin leads to a bachelor of arts degree in one of about 40 departmental and interdisciplinary majors. Bowdoin enrolls approximately 1,625 students from across the country and around the world. For more information, visit www.bowdoin.edu. 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, 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:
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 and stock repurchase Stock repurchase A firm's repurchase of outstanding shares of its common stock. program, 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. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion