Blackboard Inc. Schedules Second Quarter Earnings Release and Conference Call WASHINGTON, July 12 /PRNewswire-FirstCall/ -- Blackboard Inc. (NASDAQ:BBBB) announced today that it will hold a conference call on Wednesday, August 4, 2004 at 5:00 p.m. Eastern (2:00 p.m. Pacific) to discuss its second quarter financial results. The Company will release its financial results for the 2004 second quarter ended June 30, 2004 after the market close on the same day. The conference call will be led by Matthew Pittinsky, Chairman; Michael Chasen, President and CEO; and Peter Repetti, CFO. Blackboard will broadcast the conference call live over the Internet. Interested parties can access the webcast through the Investor Relations section of the Company's Web site at http://www.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 8:00 p.m. Eastern (5:00 p.m. Pacific) on August 4, 2004 until 8:00 p.m. Eastern (5:00 p.m. Pacific) on August 11, 2004. To listen to the replay, participants in the U.S. and Canada should dial 888-286-8010, and international participants should dial 617-801-6888. The conference ID for the replay is 29112950. About Blackboard Inc. Blackboard is a leading provider of enterprise software and services to the education industry. The company's product line consists of five software applications bundled in two suites, the Blackboard Academic Suite(TM) and the Blackboard Commerce Suite(TM). Blackboard's clients include colleges, universities, 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 and staff in North America, Europe and Asia. DATASOURCE: Blackboard Inc. CONTACT: Michael J. Stanton of Blackboard Inc., +1-202-463-4860, ext. 2305 Web site: http://blackboard.com/

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