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Blackbaud Named to Forbes 100 Best Small Companies in America List

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CHARLESTON, S.C. - (BUSINESS WIRE) - Blackbaud, Inc. (Nasdaq: BLKB), the leading global provider of software and services for nonprofits, today announced that it has once again been named to Forbes 100 Best Small Companies in America list. The annual list highlighting the hottest growth prospects in American business is featured online and in today's print edition of the magazine.

"We are honored to once again be included among the nation's business leaders on Forbes 100 Best Small Companies in America list," said Marc Chardon, Blackbaud's chief executive officer. "We are pleased to provide the tools and expertise that power the business of philanthropy from fundraising to outcomes and to empower our 24,000 customers around the world to drive change and make the world a better place."

Blackbaud is ranked number 54 on the list, which includes publicly traded companies with annual revenues between $5 million and $1 billion. The rankings are based on earnings growth, sales growth, and return on equity in the past 12 months and over 5 years. Companies were also compared against the stock performance of their industry peers. This is the fourth time that Blackbaud has been included in the list. To access the full list and to read the special report, visit www.forbes.com/best-small-companies.

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 University of Arizona Foundation, American Red Cross, Cancer Research UK, The Taft School, Lincoln Center, 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 organizations; 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.

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



 
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