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Blackboard Announces Continued Support for ANGEL

Company Cancels Plan to End-of-Life Product

WASHINGTON – March 26, 2012 – Blackboard Inc. today updated its plan for supporting clients using the ANGEL learning management platform, extending support for the platform beyond its previously scheduled end date in 2014.

Support for Blackboard Learn™ ANGEL Edition was scheduled to expire in October 2014. With the change, clients using ANGEL will now be supported indefinitely beyond that date. Blackboard will evaluate the decision on an ongoing basis and provide sufficient notice of any future change to plans for support.

“For the benefit of our customers, we’re extending the timetable for clients using ANGEL so they can leverage a platform they know and trust for a longer period of time,” said Ray Henderson, Chief Technology Officer and President of Academic Platforms at Blackboard. “We recognize that clients continue to be successful with ANGEL and we want to support that work as part of our larger strategy to support multiple learning platforms.”

Since acquiring ANGEL Learning in 2009, Blackboard has maintained high levels of service and support for clients. The company completed and released ANGEL 8.0 in September 2011, and also released a mobile learning capability for ANGEL users earlier in the same year.

In announcing the extension of support, Blackboard will continue to make investments in ANGEL 8.0 and also reiterated its overall focus on incorporating additional ANGEL features in its flagship platform, Blackboard Learn 9.1, which already includes many of ANGEL’s design elements.

Blackboard also announced today the launch of a new business to support open source technologies in education – Blackboard Education Open Source Services. The business will be led by teams from Moodlerooms and NetSpot which have been acquired by Blackboard. The addition of Moodlerooms brings several former ANGEL executives to Blackboard, including David Mills, former Vice President and Chief Technology Officer of ANGEL Learning.

For more information about Blackboard’s work to support open source, please visit http://www.blackboard.com/opensource and http://www.blackboard.com/latestnews. An open letter from Blackboard CEO Michael Chasen and Ray Henderson is available at http://www.blackboard.com/openletter.

For more information about Blackboard Learn Angel Edition, please visit www.blackboard.com/angel.

About Blackboard Inc.
Blackboard Inc. is a global leader in enterprise technology and innovative solutions that improve the experience of millions of students and learners around the world every day. Blackboard's solutions allow thousands of higher education, K-12, professional, corporate, and government organizations to extend teaching and learning online, facilitate campus commerce and security, and communicate more effectively with their communities. Founded in 1997, Blackboard is headquartered in Washington, D.C., with offices in North America, Europe, Asia and Australia.

Any statements in this press release about future expectations, plans and prospects for Blackboard represent the Company’s views as of the date of this press release. Actual results may differ materially as a result of various important factors. 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 statements at some point in the future, the Company specifically disclaims any obligation to do so.

CONTACT
Matthew Maurer, Blackboard Inc.
(202) 463-4860 ext. 2637 or matthew.maurer@blackboard.com