This new, fully interactive, Web-based resource guide replaces EMA's popular
print edition and is available free by visiting http://www. The support from Blackboard and Elluminate has been excellent,
and I've been impressed with how quickly participants can access and learn
to navigate in Elluminate Live! It's very user friendly. "It made perfect sense from both a quality of service and a return
on investment perspective to license the entire Blackboard Academic Suite for
an integrated approach.C. In addition, the forward-looking
statements included in this press release represent the Company's views as of
February 25, 2005.

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Delivering best-in-class performance , Elluminate features
high-quality VoIP, robust interactive functionality for participants and
moderators , and unique No User Left Behind technology regardless of
platform or Internet connection speed. Networked Learning
Environments are the future of education and make it possible to connect and
integrate courses with libraries, research labs, other institutions, advisors,
alumni and many other elements of campus life. 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).

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com/slm. and Director of the Office of Distance
Learning at CSU. The school plans to implement it campus wide in
the fall.
"In less than two weeks, we were able to install the entire Blackboard
Academic Suite , with 20 faculty members and 600 students using it," said Mitch
Davis, Chief Information Officer at Bowdoin College. 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
most recent 10-Q filed with the SEC. The Company anticipates that subsequent events and
developments will cause the Company's views to change.

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4 billion in 2005, with projected growth during the next
five years of nearly 17 percent annually. EMA's work with vendors and service providers gives it significant
influence in the marketplace, reaching nearly 300,000 people each month.
Blackboard's e-Learning software products are used by over 2,000 universities
and K-12 schools worldwide.

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"We believe this will revolutionize the future of education --
where learning is not limited by the confines of a classroom, but instead
incorporates a wide array of educational resources, both traditional and
digital. "We are very excited
about how smooth the transition has been and look forward to a complete
implementation in the fall. These
forward-looking statements should not be relied upon as representing the
Company's views as of any date subsequent to February 25, 2005.

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, Enterprise Management Associates
(EMA), the leading independent IT research and consulting firm, has launched
the most comprehensive online resource for IT professionals interested in
Service Level Management (SLM) information -- SLM Solutions: A Buyer's Guide."

"Elluminate is excited to add Chicago State University to the hundreds of
academic institutions who have added synchronous interaction to their
online and onsite learning environments," said Maurice Heiblum, president
of Elluminate USA, Inc. The
current student enrollment is nearly 7,200.

Universities and Colleges Embrace Blackboard's Revolutionary Networked Learning Environment

Schools Choose Complete Blackboard Academic Suite for e-Learning

WASHINGTON, Blackboard Inc. 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.

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For
more information, visit http://www. "We were aware of other products, but Elluminate Live!
met our needs."

About Chicago State University

On September 2, 1867, Chicago State University opened it doors as a teacher
training school in a leaky railroad freight car in Blue Island, Illinois.
The latest additions include Georgian Court University , Texas Woman's
University, Southern Illinois University Edwardsville, Miami University in
Ohio , Montclair State University, University of Connecticut Health Center,
Bowdoin College, and Framingham State College, for a total of more than 91
academic institutions around the globe using the Blackboard Academic Suite.

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SLM continues to help IT departments improve automation, increase ROI,
enhance performance measures and increase client satisfaction, while more
effectively controlling costs and customer expectations. EMA provides the
most focused, in-depth third-party research, analysis and consulting services
focused on IT management infrastructure issues and all aspects of
architecting , deploying and negotiating Service Level Agreements.com

"Elluminate Live! enables the dynamic
collaboration of an instructor-led classroom or face-to-face meeting,
encouraging participation and facilitating true learning. Over 12 million users learn from more than 400,000
courses currently taught on Blackboard's software."
The Blackboard Academic Suite features the Blackboard Learning System(TM),
the Blackboard Community System(TM) and the Blackboard Content System(TM).

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, a leading provider of
live eLearning and Web collaboration solutions for the real-time
organization, announced today that Chicago State University (CSU) has
selected Elluminate Live! Academic Version. provides proven, award-winning solutions for real-time
online learning and collaboration that enhance the learning experience,
increase retention and completion rates, and remove traditional barriers to
knowledge.
Together these extensive software products support a Networked Learning
Environment where students and teachers can learn, connect and share
educational materials and resources from practically any location and at any
time.

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The university's four
colleges: Health Science, Arts and Science, Business, and Education offer
36 undergraduate, 19 graduate and 1 doctoral degree-granting program. In
addition, CSU has a Division of Continuing Education and Non-Traditional
Programs that reach out to the community with extension courses, distance
learning, and not-for-credit programs .csu.

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, with offices
and staff in North America, Europe and Asia.

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This comprehensive report estimates SLM market
revenue of nearly $1.enterprisemanagement.
During the first year of its founding, CSU enrolled 62 students.

Elluminate, Inc.

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NOTE TO EDITORS
For further information, contact Dan Twing at
dtwing@enterprisemanagement."

"We considered a couple of alternatives, but Elluminate Live ! offered the
most feasible solution and the easiest set up," said CSU Technical Support
Specialist Victor Alexander, who is the system administrator for both
Elluminate Live! and Blackboard "We have a hosted solution for both
products because we don't have the staff required to manage our own
servers . Headquartered
in Calgary, Alberta, Canada and Fort Lauderdale, Fla. Blackboard is the leading
provider of software and services enabling these types of expansive, fully
integrated solutions in education .

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PRESS RELEASE Chicago State University Delivers Synchronous Content to Distance Education and Blended Learning Environments with Elluminate Live!

Now entering the second year of the grant, CSU will add
Northeastern Illinois University as another collaborative partner. For more information, visit
www.

About Elluminate, Inc., Calgary, Alberta,
Canada."

About Blackboard Inc .

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17,
gmurrel@catapultpr-ir. The firm conducts comprehensive, in-depth research and
analysis on current and emerging concepts, issues, trends, strategies and
resources.

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emausa.
(Nasdaq: BBBB ) announced today that eight new universities will use the
complete Blackboard Academic Suite(TM) , to foster Networked Learning
Environments(TM) for their educators and students.

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In 2004, CSU received a grant from the Illinois Board of Higher Education
to enable it to collaborate with other institutions for traditional or
online classes. The university's initial collaboration was with the
University of Illinois at Springfield (UIS), who was already using
Elluminate Live! for its online education program. For
more information, visit www.
"e-Learning is a core part of the educational experience at our school,"
said Carolyn Gard, Senior Director of Academic Technology Services at Miami
University.

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EMA Launches Service Level Management Online Buyer's Guide

Online Resource Provides IT Professionals With a Single Source for Unbiased
Vendor Profiles and Offerings Overview

BOULDER, Colo.
Elluminate, Inc. The university will
integrate Elluminate Live! with its Blackboard learning management system
and will use the virtual environment to add synchronous content to its
distance education program as well as to a number of courses that combine
online and onsite sessions.

"Because of the success we had in collaborating with UIS , we pursued
obtaining Elluminate Live! for our own campus, not only in the classroom
but also for faculty and staff meetings for the university as a whole,"
explained Julian Scheinbuks, Ph.
"It is so encouraging to see schools taking the initiative towards
Networked Learning Environments ," said Matthew Pittinsky, Chairman of
Blackboard. We are very excited about the opportunities these new
programs will provide our community."
Bowdoin College in Maine has just launched the Blackboard Academic Suite
as part of a pilot program."
Southern Illinois University Edwardsville was previously using a different
provider for its e-Learning initiatives and decided to switch to Blackboard .

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The new online resource helps enterprise IT users select the right SLM
solution based on a variety of parameters, including:

* Search SLM solutions based on features most important to users
* Compare products side by side
* View and print current product information in real time
* Access SLM best practice research, Webinars, podcasts and other tools
* Link to vendor Web pages and automated request for product information

"IT professionals and SLM vendors now have a single reference point for
information that is current, focused and more in-depth than any other
independent resource available today," said Rick Sturm, EMA's founder and SLM
specialist. As part of its consulting services,
EMA provides SLM reviews and assessments , Service Level Agreement design and
validation, tips for SLA negotiation, SLM toolset evaluation and integration,
SLM best practice usage, and a complete SLM and the IT Infrastructure Library.com , or Guy Murrel at (303) 581-7760, ext. We are now in the process of determining how to make the
best use of the opportunities Elluminate Live! provides, alone and in
combination with Blackboard. Elluminate delivers exceptional
outcomes with lower Total Cost of Ownership and higher ROI.elluminate.

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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edu.

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, Elluminate is the
trusted choice of prominent corporate and academic organizations such as
ADP, DeVry University, Georgia State University , Johns Hopkins University,
PA Department of Education, Sun Microsystems, T-Mobile, and many more . This new expanded
relationship with Blackboard makes all this possible. 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.

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CSU and UIS
collaborated on several courses that used both Elluminate Live! and
Blackboard, enabling students from different backgrounds, including those
in both urban and rural areas, to exchange ideas and work together on group
projects.D.
"We offer more than 500 web -enhanced courses and more than 9,000 students
regularly access materials and information online, " said Jennifer Vandever,
Manager of the Faculty Technology Center at Southern Illinois University
Edwardsville. "Students and faculty expect to be able to access whatever they
need at any time and from any computer -- ranging from assignments to
instructor office hours to class discussion boards.

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"The response to the new Web-based version has been outstanding
and I encourage anyone working in the SLM space to leverage this free,
easy-to-use resource.com

About Enterprise Management Associates
Founded in 1996, EMA is the only industry analyst firm dedicated to issues
of IT Management.com.

Elluminate Live! is a trademark of Elluminate, Inc.

After the past 30 years, this field continues to be stronger and more popular than ever.

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In conjunction with the
SLM Solutions: A Buyer's Guide, EMA also has published the industry's first
SLM market-sizing report.
Today, the university is a fully accredited public, urban institution
located on 161 picturesque acres in a residential community in Chicago.
The Blackboard Academic Suite enables Web-based and Web-enhanced learning.

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"
EMA's highly specialized, in-depth analysis of the SLM market focuses on
industry trends, vendor analysis and best practices.
Blackboard is a leading provider of enterprise software and services to
the education industry.

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