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Any statements in this press release about future expectations, plans and
prospects for Blackboard and other statements containing the words
"believes ," "anticipates," "plans," "expects," "will," and similar
expressions, constitute forward-looking statements within the meaning of
The Private Securities Litigation Reform Act of 1995.

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A Networked Learning
Environment enables students and teachers to learn, connect and share
educational materials and resources from practically any location and at
any time.

teaching relevant

, a Canadian firm
with local offices in Miami, to upgrade its website into a leading
edge, state-of-the-art vehicle for member services and commerce.

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Business Editors/City Desks

MIAMI----The Greater Miami Chamber
of Commerce has selected Dunedain Multimedia, Inc. Foyo,
president/ceo of the Greater Miami Chamber of Commerce .

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Founded in
1997, Blackboard enables educational innovations everywhere by connecting
people and technology.

Greater Miami Chamber Chooses Dunedain for New Website; GMCC Will Use New Address www.miamichamber .com

Its mission is to make South Florida the most
business-friendly region in the Americas and to promote members'
competitiveness through state-of-the-art benefits and services,
support for sustainable economic development, and advocacy to enhance
the business environment.

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(NASDAQ: BBBB ) is a leading provider of enterprise software
applications and related services to the education industry. Innovate."
The new website and new address will debut at the Greater Miami
Chamber's Annual Goals Conference, to be held on June 17-19 at the
Harbor Beach Marriott in Fort Lauderdale .

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"The Blackboard system was chosen for its broad functionality, large user
base amongst major institutions, an accessible community of expert users
and developers in the Toronto area and its intuitive user-interface; a high
priority for our faculty as expressed in university-wide surveys ," said
Professor David Farrar, Deputy Provost and Vice-Provost of Students at
University of Toronto . The Company anticipates that subsequent events and developments
will cause the Company's views to change.
"Websites have traditionally been overlooked as viable marketing
and/or sales tools," said Brian Kieller, president/ceo of Dunedain
Multimedia, Inc.

Greater Miami Chamber of Commerce

The Greater Miami Chamber of Commerce is an association of
businesses and professions organized to create economic progress in
Miami-Dade County. To carry out this mission, the Chamber
serves as the voice of business enterprise and involves the private
sector in community leadership.

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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. Everywhere.com

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, with offices in North America, Europe and Asia.
"The Greater Miami Chamber today provides members services
throughout South Florida and it is evolving with South Florida to
become an international organization," said George W.

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The university plans to utilize the system immediately to enhance the
student experience by providing improved integration of digital resources,
better communication and collaboration utilities and a consistent,
web-based interface across courses. In addition, the forward-looking statements
included in this press release represent the Company's views as of February
14, 2006. "Our new
website will put more power into the hands of our members, to help
them do business anywhere at anytime.

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The Blackboard Commerce Suite features three enterprise
software applications supporting cashless transactions on-campus,
off-campus and online and allowing for identification and security access. Instructors will benefit from
possibilities for new methods of instruction and more effective and
efficient class administration. was founded in 1986 and has been a
Trustee of the Greater Miami Chamber of Commerce for several years.

This category is intended for the sites of programs of study and academic departments of history at three- or four-year colleges and universities.

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departments searchable

"

About Blackboard

Blackboard Inc. "Today, the World Wide Web is likely the first point
of entry for people seeking to do business.

Dunedain Multimedia, Inc.

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The University of Toronto buying decision included extensive consultation
with faculty, students, staff, and other universities.C .

dunedain.

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"
Dunedain Multimedia, Inc.

Generally, only departments whose main language of instruction is English are listed here, although some departments which do not teach in English, but which have English language websites, will also be listed.

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PRESS RELEASE University of Toronto Selects Blackboard for e-Learning

Blackboard is headquartered in Washington,
D. However, while the Company may
elect to update these forward-looking statements at some point in the
future, the Company specifically disclaims any obligation to do so.miamichamber.

Dunedain leads the market in providing comprehensive, secure
solutions that make doing business via the World Wide Web easier and
more efficient.

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Dunedain's services have been used by many companies,
including a number of companies listed in the Fortune 500.

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"
In addition to the new website, the Chamber has acquired a new web
address -- http://www.

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Blackboard Inc.

The Blackboard Academic Suite fosters Web-based and Web -enhanced learning
and is used by hundreds of universities, colleges and K-12 schools in North
America and abroad.

See the relevant 'see also' listings (or browse the World categories) for departments teaching in other languages.

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"We commend the University of Toronto for the comprehensive fact-finding
process they embarked upon to make sure they selected the right partner for
their e-Learning initiatives ," said Michael Chasen, CEO and President of
Blackboard. "We could not be more excited about working together with the
university to enable educational innovations for their faculty, students
and entire campus community.

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(NASDAQ: BBBB), a leading
provider of technology to educational institutions and corporate and
government agencies, announces the University of Toronto, a leading
teaching and research university in Canada, has licensed the Blackboard
Academic Suite, a suite of three integrated software products which
support a Networked Learning Environment.com
"The decision to select a vendor for the site was a difficult one,
with many terrific concepts proposed," said Foyo. "But when we saw the
creativity of the Dunedain proposal and evaluated their portfolio of
customers, we were convinced that they were the best fit for our
needs.

see relevant

The university also licenses the Blackboard Commerce Suite for its
campus services. Actual results may
differ materially from those indicated by such forward-looking statements
as a result of various important factors, including the factors discussed
in the "Risk Factors" section of our Quarterly Report on Form 10-Q filed on
November 7, 2005 with the SEC.

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Blackboard

Educate.

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These
forward-looking statements should not be relied upon as representing the
Company's views as of any date subsequent to February 14, 2006. The
new website will roll out in three phases and three languages -
English, Spanish and Portuguese.
The firm designs websites for the Miami Heat (the most active site in
the NBA ) and Disney, along with a number of companies listed in the
Fortune 500. For more
information , please visit the Dunedain Multimedia web site at
http://www.

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