Blackboard and Thinkronize Partner to Provide Safe Search Capabilities

Washington DC, January 31, 2007 – Blackboard Inc. (NASDAQ: BBBB), a leading provider of enterprise technology to the education industry and
Thinkronize, Inc., developer of netTrekker d.i., a leading educational search engine, announced a new partnership today at the FETC 2007 conference. Through this partnership, K-12 teachers, students, and parents can directly search and access more than 180,000 educator-selected, standards-aligned resources from netTrekker d.i., directly within their Blackboard(r) learning management platform. This integration is possible through a new beta version of the netTrekker Blackboard Building Block. Blackboard Building Blocks are third party
applications which enable schools and districts to extend and customise their Blackboard platform.

The netTrekker Blackboard Building Block beta is also being made available for the Blackboard K-12 Starter Edition(tm). Introduced six months ago, the hosted Blackboard K-12 Starter Edition features a variety of resources for K-12 districts in the early stages of establishing an e-Learning strategy. The netTrekker Blackboard Building
Block beta is available to customers who have licensed both netTrekker d.i. and Blackboard technology.

"This new partnership brings the power of content and internet search capabilities into K-12 classes so that teachers and parents can feel secure and comfortable," said Michael Chasen, President and CEO of Blackboard. "With access to netTrekker d.i. directly in the Blackboard environment, students and teachers can easily and conveniently search
for standards-aligned content relative to their specific classes."

More than 400 state, local and private education providers in the K-12 sector license Blackboard´s software serving approximately 1,200 schools
and districts. Over 9.3 million students, teachers, and librarians nationwide, including state adoptions in Pennsylvania and Tennessee,
currently use netTrekker d.i. for safe, targeted searching.

The Cobb County School District in Georgia relies on both netTrekker d.i. and Blackboard technology and expects the integration of these tools to provide significant benefits to all members of its K-12 community.

"Our teachers and students are regularly searching online with netTrekker d.i. for information and resources," said Nancy Howell, Ed. S., Distance Learning Consultant for the Cobb County district. "The ability to search netTrekker d.i. directly in the Blackboard environment will save our students, teachers and parents a lot of time and effort.
This is definitely an all-around win-win initiative."

"As education continues to move online, our commitment is to be a leader in this transformation, providing solutions that facilitate e-learning.

netTrekker d.i.´s integration into Blackboard´s learning management platform delivers a very powerful digital solution for schools and
districts who are teaching AND achieving with technology," said Christine Willig, President of Thinkronize.

The netTrekker Blackboard Building Block beta can be downloaded free of charge by current customers from the Blackboard Building Blocks
catalogue at

About Blackboard Inc.

Blackboard Inc. (Nasdaq: BBBB) 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 ™ and the Blackboard Commerce Suite ™, Blackboard is 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 and Asia. Blackboard is the parent company and owner of WebCT.

Educate. Innovate. Everywhere.

Educate. Innovate. Everywhere.(tm)

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 November 9, 2006 with the SEC. In addition, the forward-looking statements included in this press release represent the Company´s views as of January 31, 2007. 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 January 31, 2007.

About the netTrekker Product Suite

The netTrekker product line includes award-winning educational search products for both the education (netTrekker classic and netTrekker d.i.) and consumer (netTrekker home) markets. Unlike ordinary search engines, products from the netTrekker suite provide fast and easy access to only the best, pornography-free, educational resources from the entire Internet in a safe, organized, standards-aligned format. Using
netTrekker search products, educators, school librarians, students, and parents save valuable time because they are directed to relevant,
reliable, educator-selected Web sites every time – meaning less time spent on searching and more time focused on teaching, learning, and achieving. For more information about the netTrekker suite, visit

About Thinkronize

Thinkronize, an Internet developer of K-12 educational products, was founded in 1999 by Robert Reinders, and grew out of a passion for and
commitment to enhancing teaching and learning with the Internet and standards-based online resources. The company launched its flagship product, netTrekker classic, in October 2000 and has since expanded the product line to include netTrekker d.i., designed for use in schools to help educators meet individual students´ learning needs, and netTrekker home, available for purchase by parents whose district or school has not
yet purchased a netTrekker subscription. Peers, educators, and parents have honored Thinkronize and the netTrekker product suite 17 times for
their contribution to education. Most recently, netTrekker home was awarded The National Parenting Center´s Seal of Approval, earning a position among an elite group of products recommended to parents by TNPC. In addition, Thinkronize was also named to the 2006 Inc. 500 List as one of the fastest growing privately held companies in the United States. The company currently serves nearly 9.3 million students in 49 states, including adoptions by key districts and states nationwide. For more information visit or phone 877-517-1125.

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