Community Colleges Turn to Blackboard for Campus Commerce Solutions Demand for Increased Service and Greater Operational Efficiency Drives Need Among Commuter Populations

WASHINGTON, DC, June 6, 2007– Blackboard Inc. (NASDAQ: BBBB), a leading provider of enterprise technology to the education industry, today announced Cape Fear Community College (NC), San Bernardino Community College District (CA), Santa Barbara City College (CA), Bristol Community College (MA) and Hawkeye Community College (IA) have joined hundreds of other colleges and universities who rely on the Blackboard Transaction System™ as their campus commerce solution.

Community colleges today are under increasing pressure to demonstrate operational efficiency while providing higher levels of service to their constituents. Blackboard provides institutions the technology to effectively meet those challenges while managing transactions and facility access on campus, off campus and online. Automating transaction processing enables colleges to reduce errors, eliminate operational redundancies and control labor costs.

“Blackboard understands that we need to ensure the students, who are our customers, receive the best technology available. Through the Blackboard Transaction System, students can use their ID cards as a form of payment, quickly, efficiently and safely,” said Carol Cullum, Vice President of Student Development at Cape Fear Community College. “While we did consider using other card systems, only the Blackboard solution offers a wide variety of features, compatibility with our planning system and the ability to change access for certain constituent groups. We’ve heard numerous success stories from current clients around the country who have increased their revenue stream and savings by hundreds of thousands of dollars. We’re enthusiastic about implementing similar initiatives on our campus.”

Many colleges and universities rely on the complete Blackboard Commerce Suite™, three separate but integrated applications including the Blackboard Transaction System, for a wide range of campus service needs including, providing students and faculty with secure access to buildings or residence halls, cashless payment on and off-campus, access to laundry services, parking and copy services. In addition, parents and students can deposit and manage their campus card accounts from anywhere in the world with the Blackboard Community System™. Off Campus transactions are enabled through BbOne(SM).

“The significance of community colleges in U.S. Higher Education continues to increase with the growth of ‘non-traditional’ students and the changing demands of traditional students,” said Russ Carlson, President of the Blackboard Commerce Group. “It’s a pleasure to work with these institutions and help them increase their service levels in what is a very competitive marketplace.”

About Blackboard Inc.

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 ™ and the Blackboard Commerce Suite ™, 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, Australia and Asia.