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Capella University Extends Partnership With Blackboard

Broader Set of Blackboard Solutions Selected To Address Key Opportunities

WASHINGTON, DC, Jun 03, 2008 (MARKET WIRE via COMTEX News Network) -- Blackboard Inc. (NASDAQ: BBBB), a leading provider of enterprise learning technology, today announced a five-year extension of its partnership with Capella University, an accredited, online university that focuses on master's and Ph.D. degrees.

Capella, one of Blackboard's largest fully online partners, will continue to use the Blackboard Learning System - Vista Enterprise License(TM) (formerly WebCT Vista(TM)) and has extended its partnership with Blackboard to include the Blackboard Community System(TM) and Blackboard Portfolio System(TM). Together, the systems create a more powerful and seamless solution for improving student engagement and achievement, enhancing teaching and learning, and addressing a wide variety of academic and institutional needs.

"Capella relies on Blackboard for stable, scalable solutions that will grow with us as we work to adapt to the ever-changing needs of traditional and non-traditional students worldwide," said Scott Henkel, Senior Vice President of Operations and Chief Information Officer at Capella. "We are pleased to partner with Blackboard to address key opportunities for today as well as tomorrow."

Based in Minneapolis, Minn., Capella is one of the nation's largest fully online institutions, with more than 23,000 students and 1,000 faculty members from all 50 states and 45 countries. Capella offers nearly 120 undergraduate, graduate, and certificate specializations and programs and roughly 1,000 different courses -- several of which have earned some of the industry's top honors and awards in the last two years.

"We are pleased to extend and enhance our partnership with Capella University, one of the most innovative institutions in higher learning and proprietary education," said Tim Hill, president of Blackboard Professional Education. "Capella has been a true leader in leveraging technology to make high-quality education more accessible and affordable for a growing number of global citizens. We look forward to supporting Capella's continued success through a more robust set of solutions that will make a real difference for instructors, learners and administrators."

By adding the Blackboard Community System and Blackboard Portfolio System, Capella will address key institutional priorities and provide new online services and experiences for its students, faculty and alumni.

For example, Capella will use Blackboard Portfolio System to support its work to achieve greater accountability by collecting and releasing data on student achievement and outcomes that can be used to drive improvements for students, programs and departments. These efforts are central to Transparency by Design, an initiative led by Capella and a group of other colleges and universities that focus on serving working adults at a distance that is intended to address the mounting demand for greater accountability in higher education.

"We look forward to partnering with Blackboard to take a leadership position in this area that will pay dividends not just for our students but the broader postsecondary community," said Kim Pearce, Capella's Director of Assessment and Institutional Research.

For more information on Blackboard's private education solutions, please visit http://www.blackboard.com/private_education.

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. Millions of people use Blackboard solutions everyday 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.

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