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]](/resources/bullet/cr80news-4.gif)
