October 2009

Blackboard Partners with Imagine America Foundation to Bring Online Learning to Military Veterans

Company Also Sponsors President Clinton Keynote at 2010 Career College Association Convention

WASHINGTON, Oct. 27 /PRNewswire-FirstCall/ – Blackboard Inc. (Nasdaq: BBBB) today announced a partnership with the Imagine America Foundation, an associated foundation of the Career College Association, to bring online education opportunities to military veterans in an effort to help them acquire skills needed for success as they move into civilian careers.

As part of the partnership, Blackboard's Professional Education division will work with Imagine America, a nonprofit organization, in support of the IAF LDRSHIP Award over the next five years. Established in 2004, the annual LDRSHIP Award provides eligible military personnel currently enrolled in a CCA institution the opportunity to further their education with grants to put towards their courses of study. Blackboard's support will help veterans, reservists and honorably discharged or active duty young men and women preparing to return from military service to pursue career education.

“We are grateful to Blackboard for their support of this important program for the United States military community,” said Robert L. Martin, President IAF. “Blackboard's commitment to adult education creates a wonderful opportunity for the deserving men and women who work so hard on behalf of our country.”