Blackboard Inc. (ticker: BBBB, exchange: NASDAQ Global Market (.O))
News Release -
Blackboard and SAP Announce Global Agreement to Accelerate Innovation for Higher Education Institutions
New Partnership Leverages SAP NetWeaver(R) to Create Interoperability and
Improve Efficiencies Between Administrative and Academic Technology
DALLAS, Oct. 9 /PRNewswire-FirstCall/ -- Blackboard Inc. (Nasdaq: BBBB)
and SAP AG (NYSE: SAP) today announced a global agreement to accelerate
innovation of business processes for higher education institutions. By
leveraging the SAP NetWeaver(R) platform as the foundation to create
interoperability between administrative and academic technology, teachers,
students and administrators will regularly have access to the most up-to-date
information they need to enhance the learning experience and improve
administrative efficiency. Facilitated by Web services made possible with
enterprise service-oriented architecture (SOA), this offering will enable
real-time business processing between applications from Blackboard and SAP.
The announcement was made at EDUCAUSE 2006, being held in Dallas, Tex.,
October 9 - 12.
SAP NetWeaver will connect the SAP Campus Management application, part of
the SAP for Higher Education & Research (SAP for HE&R) solution portfolio that
supports student records at hundreds of academic institutions, and the
Blackboard Academic Suite(TM) e-Learning platforms that are used by millions
of students and teachers around the world. Blackboard and SAP are implementing
this service-oriented architecture to help institutions deploy integrated end-
to-end processes faster and with a lower cost of maintenance -- even across
"The SAP suite serves the core business needs of the university -- and
Blackboard serves the core academic needs," said Fred Siff, vice president and
chief information officer, University of Cincinnati and member of the
Blackboard Merger Advisory Council and the SAP Higher Education and Research
Advisory Council. "Bringing these critical systems into more integrated
alignment represents the commitment to meeting customer needs and innovative
thinking that distinguishes both companies as industry leaders. This
partnership will help bring a more comprehensive suite of integrated
technologies to higher education customers faster and more efficiently."
"Thousands of universities and colleges rely on technology for both
administrative and academic functions," said Michael Chasen, president and CEO
of Blackboard. "There is a growing demand to integrate these systems, and this
partnership offers clients even greater return on investment from the
technologies they rely on every day. In addition to convenience, the SAP --
Blackboard integration will equip campus leaders with the ability to better
track and manage student and institutional data and outcomes, moving them
further down the path of 21st century learning."
The new offering is available for higher education institutions through
the Blackboard Global Services organization. All Blackboard Academic Suite and
SAP clients worldwide are eligible for this infrastructure integration.
"Leveraging the power of SAP NetWeaver and an enterprise service-oriented
architecture, this partnership combines the best of breed in administrative
and e-Learning technology targeted at higher education customers," said Harald
Pitz, vice president, Higher Education Business Unit, SAP AG. "By integrating
SAP Campus Management with Blackboard's e-Learning platform, our customers
will have an even more comprehensive solution for managing the complete life
cycle of students, administrative outcomes and learning."
Blackboard Inc. 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. With two product suites, the Blackboard Academic Suite(TM) and the
Blackboard Commerce Suite(TM), Blackboard solutions are 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. Blackboard is headquartered in Washington, D.C., with offices
in North America, Europe, Asia and Australia.
Educate. Innovate. Everywhere(TM).
SAP is the world's leading provider of business software*. Today, more
than 34,600 customers in more than 120 countries run SAP(R) applications --
from distinct solutions addressing the needs of small and midsize enterprises
to suite offerings for global organizations. Powered by the SAP NetWeaver(R)
platform to drive innovation and enable business change, SAP software helps
enterprises of all sizes around the world improve customer relationships,
enhance partner collaboration and create efficiencies across their supply
chains and business operations. SAP solution portfolios support the unique
business processes of more than 25 industries, including high tech, retail,
financial services, healthcare and the public sector. With subsidiaries in
more than 50 countries, the company is listed on several exchanges, including
the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional
information at http://www.sap.com )
(*) SAP defines business software as comprising enterprise resource
planning and related applications such as supply chain management, customer
relationship management, product life-cycle management and supplier
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. 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
Form 10-Q filed on August 9, 2006 with the SEC. In addition, the forward-
looking statements included in this press release represent the Company's
views as of October 9, 2006. The Company anticipates that subsequent events
and developments will cause the Company's views to change. 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. These
forward-looking statements should not be relied upon as representing the
Company's views as of any date subsequent to October 9, 2006.
NOTE: Blackboard Academic Suite and Blackboard Commerce Suite are
trademarks of Blackboard.
Any statements contained in this document that are not historical facts
are forward-looking statements as defined in the U.S. Private Securities
Litigation Reform Act of 1995. Words such as "anticipate," "believe,"
"estimate," "expect," "forecast," "intend," "may," "plan," "project,"
"predict," "should" and "will" and similar expressions as they relate to SAP
are intended to identify such forward-looking statements. SAP undertakes no
obligation to publicly update or revise any forward-looking statements. All
forward-looking statements are subject to various risks and uncertainties that
could cause actual results to differ materially from expectations The factors
that could affect SAP's future financial results are discussed more fully in
SAP's filings with the U.S. Securities and Exchange Commission ("SEC"),
including SAP's most recent Annual Report on Form 20-F filed with the SEC.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of their dates.
NOTE: SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other
SAP products and services mentioned herein as well as their respective logos
are trademarks or registered trademarks of SAP AG in Germany and in several
other countries all over the world. All other product and service names
mentioned are the trademarks of their respective companies. Data contained in
this document serve informational purposes only. National product
specifications may vary.
SOURCE SAP AG
CONTACT: Bonnie Rothenstein of SAP, +1-610-661-8867, or
SAP Press Office, +49 (6227) 7-46315, or
Stefanie Aarthun, +1-202-487-5989, or
Sven Kahn, +011 49 238 0924, or
both of Burson-Marsteller, for SAP; or
Melissa Chotiner of Blackboard, +1-202-
463-4860, ext. 2404, or
Amy Storey of Fleishman-
Hillard, +1-202-828-8819, or
firstname.lastname@example.org, for Blackboard