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BlackLine Systems Joins the Oracle PartnerNetwork to Help Bridge the Gap Between Accounting and Financial Reporting

BlackLine Solutions Integrated to Oracle Software to Help Verify Accuracy of Financials

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CALABASAS, Calif. – Oct. 26, 2007 – BlackLine Systems joins the Oracle PartnerNetwork with solutions that provide a link between accounting and financial reporting data that helps verify the accuracy of financial results during the critical close process.

BlackLine’s solutions integrate to Oracle’s product lines, including Oracle® Financials, Oracle’s PeopleSoft Enterprise, Oracle’s JD Edwards EnterpriseOne and Oracle’s Hyperion Financial Management. This provides functionality to accounting and finance groups that helps to optimize the financial close process, tightening and improving compliance for critical controls. This process validates financial reporting results with Balance Sheet Account Reconciliations.

BlackLine’s applications are available as SaaS or enterprise installations, thus allowing scalability and affordability for companies of all sizes.

BlackLine will be exhibiting at Oracle OpenWorld 2007 on November 11-14, in San Francisco. The company will be demonstrating how their software enables companies to automate and control their financial close processes. BlackLine will be in booth 3747.

BlackLine is a member of the Oracle PartnerNetwork. For more information about the complete suite of BlackLine’s products, please visit www.blackline.com.

About the Oracle PartnerNetwork:

Oracle PartnerNetwork is a global business network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle’s premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they need to be successful in today’s global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle’s position as the world’s largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing business with Oracle qualify for the Certified Partner levels. http://oraclepartnernetwork.oracle.com/

Oracle is a registered trademark of Oracle Corporation and/or its affiliates.

About BlackLine Systems
Founded in 2001, BlackLine Systems was the pioneer of Balance Sheet Account Reconciliation software applications. An experienced provider of enterprise software to Fortune 1,000 companies, BlackLine provides quick-to-implement, scaleable and easy-to-use applications that, for the first time, automate the entire close process and help improve the financial controls for companies of all sizes. For more information, please visit www.blackline.com.