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Blackboard Inc. Files Registration Statement for Initial Public Offering

Friday, March 5, 2004

WASHINGTON, D.C. – March 5, 2004 – Blackboard Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. 


Credit Suisse First Boston LLC will act as sole book runner for the offering, and co-managers will be Banc of America Securities LLC, Merrill Lynch & Co. and Thomas Weisel Partners LLC.  Copies of the preliminary prospectus, when available, may be obtained directly from:

Credit Suisse First Boston
Prospectus Department
Eleven Madison Avenue, Level 1B
New York, NY 10010
Fax (212) 325-8057

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold and offers to buy may not be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, and there shall not be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. [end] 

Resolute Health, based in New Braunfels, Texas, has launched a health security smart card to facilitate patient registration.

Resolute contracted with LifeMed ID to implement the SecureReg Patient Identity Management System. With the Resolute Health BeneFIT smart card, a patient can check into either the Resolute Health Center for Wellbeing or the Resolute Health Family Urgent Care Center and be accurately identified.

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New research from the Pew Research Center’s Internet & American Life Project shows that nearly two-thirds of tech experts believe that smart phones will overtake credit cards as the dominant form of payment by 2020.

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Blackboard Transact’s Campus Commerce and Security Forum will be held March 7 from 8:30 a.m. to 2:30 p.m. ET at the Blackboard Offices, 650 Massachusetts, Ave., NW, Washington, D.C. Registration is free.

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Blackboard Transact’s Campus Commerce and Security Forum, scheduled for March 7, has been cancelled, said a Blackboard spokesperson.

The session was to be from 8:30 a.m. to 2:30 p.m. at the Blackboard Offices in Washington, D.C. The forum has not been rescheduled.  

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Missouri State University has selected Blackboard Transact to implement a contactless student ID card. This enables the new system to integrate student identification, door security, commerce and campus payment into a single contactless card.

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Bibliotheca announced it is working with the Ottawa Public Library (OPL), and will soon begin converting its entire collection of 2.3 million items from bar code to RFID, spanning across 33 branches and two bookmobiles.

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