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Blackboard Inc. Announces Third Quarter Conference Call

WASHINGTON, Oct. 15 /PRNewswire-FirstCall/ -- Blackboard Inc. (Nasdaq: BBBB) announced today that it will issue a press release concerning its financial results for the third quarter of 2007 after the market close on Thursday, November 1, 2007. Following the press release, Blackboard management will host a conference call beginning at 4:30 p.m. (ET).

Blackboard will also broadcast its conference call live over the Internet beginning at 4:30 p.m. on November 1, 2007 and interested parties can access the webcast through the Investor Relations section of the Company's Web site at http://investor.blackboard.com. Please access the Web site at least 15 minutes prior to the start of the call to register, download and install any necessary software.

A replay of the call will be available via telephone from approximately 7:00 p.m. (ET) on November 1, 2007, until 11:00 p.m. (ET) on November 8, 2007. To listen to the replay, participants in the U.S. and Canada should dial (888) 286-8010, and international participants should dial +1 (617) 801-6888. The conference ID for the replay is 42516653.

About Blackboard

Blackboard Inc. (Nasdaq: BBBB) is a leading provider of enterprise software applications and related services to the education industry. Founded in 1997, Blackboard enables educational innovations everywhere by connecting people and technology. With two product suites, the Blackboard Academic Suite(TM) and the Blackboard Commerce Suite(TM), Blackboard is used by millions of people at academic institutions around the globe, including colleges, universities, K-12 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 in North America, Europe and Asia.

Blackboard

Educate. Innovate. Everywhere.

SOURCE Blackboard Inc.

CONTACT: Michael J. Stanton, Vice President, Investor Relations of Blackboard Inc., +1-202-463-4860, ext. 2305