Blackbaud, Inc. (ticker: BLKB, exchange: NASDAQ Global Market (.O))
News Release -
4-Jan-2011
Blackbaud CRM Selected by Boston University to Enhance Development
and Alumni RelationsSolution will help support upcoming capital campaign and will connect
numerous departments across the University community to achieve holistic
view of constituents
CHARLESTON, S.C., Jan 04, 2011 (BUSINESS WIRE) -- Blackbaud, Inc., (Nasdaq: BLKB),
the leading global provider of software and related services designed
specifically for nonprofit organizations, today announced that Boston
University (BU) has selected Blackbaud
CRM(TM) to support its development and alumni relations activities and
will use Target
Analytics to more efficiently identify potential supporters.
"With Blackbaud CRM, we will now have one progressive solution that will
help us better track and manage our relationships with Boston University
alumni, prospects, and donors and -- ultimately -- strengthen funding
opportunities for the University," said Lisa Uglialoro, Boston
University's assistant vice president for advancement services. "We are
confident that with Blackbaud's products and exceptional expertise in
serving higher education institutions, we can build a development
operation that fully supports the University's strategy."
Boston University is a private urban research university, established in
1869, offering undergraduate, graduate, and professional programs
through its 17 schools and colleges and more than 250 fields of study.
The University has two primary campuses in the heart of Boston and
programs around the world.
"We are pleased to partner with Boston University and to provide a
development and alumni solution that will help the institution meet its
goals today and in the future," said Marc Chardon, Blackbaud's chief
executive officer. "By shifting to a single supporter database and
centralizing data and reporting, University staff will be able to
streamline operations while better serving constituents."
Boston University has approved a 10-year strategic plan focused on
supporting and enhancing a world-class faculty dedicated to teaching and
engaging in research, scholarship and their professions. To implement
this strategy, the University will help its schools and colleges put in
place the plan's most critical elements, including professorships,
scholarships, programmatic funding for all schools and colleges and
funds to improve and enhance new facilities and renovations of existing
buildings.
To achieve these goals and to support its upcoming capital campaign,
Boston University will use Blackbaud CRM to optimize operational,
advancement, and donor and alumni relations activities. Blackbaud CRM
brings together disparate information -- such as annual and capital
giving, gift planning, major giving, and alumni and parent systems --
across the various schools and programs within a university. With a
single system of record that can be securely and efficiently shared,
universities are able to turn their data into timely, actionable
information that maximizes their advancement efforts, synchronizes
campaigns across schools and programs, and strengthens relationships
with alumni and other constituents.
With Blackbaud CRM, Boston University will consolidate multiple,
distributed databases into one system, enabling efficient workflows,
global reporting capabilities, customization and flexible integration
with other BU software systems. The University will also leverage the
solution to integrate crucial outreach efforts, including annual giving,
tele-fundraising, events, multichannel marketing campaigns and
performance measurement. The integrated system will be web-delivered and
will empower end-users to gain a comprehensive view of constituents'
relationships so they can engage and better connect with students,
alumni, and supporters, many of whom are dispersed nationally and
internationally.
With more than 25 years of experience serving higher education
institutions, Blackbaud has partnered with over 1,900 universities,
colleges and foundations worldwide by providing solutions that help
secure funding, demonstrate accountability and build strong
relationships with alumnae/alumni, students, parents and supporters.
Universities around the world using Blackbaud Enterprise CRM include: University
of British Columbia, University
of Iowa, University
of Michigan, University
of North Carolina at Chapel Hill, and The
Ohio State University, University
of Oxford. For more information about Blackbaud's solutions for
higher education organizations, visit www.blackbaud.com/highered.
About Blackbaud
Blackbaud is the leading global provider of software and services
designed specifically for nonprofit organizations, enabling them to
improve operational efficiency, build strong relationships, and raise
more money to support their missions. Approximately 24,000 organizations
-- including The American Red Cross, Boston University, Cancer Research
UK, The Taft School, Lincoln Center, The Salvation Army, Tulsa Community
Foundation, Ursinus College, Earthjustice, International Fund for Animal
Welfare, and the WGBH Educational Foundation -- use one or more Blackbaud
products and services for fundraising, constituent relationship
management, financial management, website management, direct marketing,
education administration, ticketing, business intelligence, prospect
research, consulting, and analytics. Since 1981, Blackbaud's sole focus
and expertise has been partnering with nonprofits and providing them the
solutions they need to make a difference in their local communities and
worldwide. Headquartered in the United States, Blackbaud also has
operations in Australia, Canada, Hong Kong, the Netherlands, and the
United Kingdom. For more information, visit www.blackbaud.com.
Forward-looking Statements
Except for historical information, all of the statements, expectations,
and assumptions contained in this news release are forward-looking
statements that involve a number of risks and uncertainties. Although
Blackbaud attempts to be accurate in making these forward-looking
statements, it is possible that future circumstances might differ from
the assumptions on which such statements are based. In addition, other
important factors that could cause results to differ materially include
the following: general economic risks; uncertainty regarding increased
business and renewals from existing customers; continued success in
sales growth; management of integration of acquired companies and other
risks associated with acquisitions; risks associated with successful
implementation of multiple integrated software products; the ability to
attract and retain key personnel; risks related to our dividend policy
and share repurchase program, including potential limitations on our
ability to grow and the possibility that we might discontinue payment of
dividends; risks relating to restrictions imposed by the credit
facility; risks associated with management of growth; lengthy sales and
implementation cycles, particularly in larger organization;
technological changes that make our products and services less
competitive; and the other risk factors set forth from time to time in
the SEC filings for Blackbaud, copies of which are available free of
charge at the SEC's website at www.sec.gov
or upon request from Blackbaud's investor relations department. All
Blackbaud product names appearing herein are trademarks or registered
trademarks of Blackbaud, Inc.

SOURCE: Blackbaud, Inc.
Blackbaud, Inc. Melanie Mathos, 843-216-6200 x3307 melanie.mathos@blackbaud.com |