BlackLine Names Dominick DiPaolo VP, Global Sales

Calabasas, CA – March 17, 2008 - BlackLine Systems, a leading provider of software solutions that automate the entire financial close process for accounting departments, has named industry veteran Dominick DiPaolo as VP, Global Sales. DiPaolo will be responsible for worldwide sales and marketing activities.

DiPaolo comes to BlackLine after spending many years at major financial software industry giants, including Oracle Corporation and Hyperion Solutions. He has established a reputation as an industry expert on consolidation systems, financial data quality management and the financial close process. In his new role, DiPaolo will be responsible for promoting and selling BlackLine solutions that complement existing technologies employed by CFOs during the financial close process.

“Dominick comes to BlackLine as a seasoned CPA with more than 20 years of experience in key financial and accounting positions including having served as an auditor, manager of FP&A, controller, treasurer and CFO,” said Therese Tucker, Chief Executive Officer, BlackLine. ”We are delighted to have Dominick heading our global sales effort because he shares the BlackLine belief that organizations around the world can realize real improvements in their financial close. Dominick’s extensive experience, combined with his passion for speeding and better controlling the financial close, will continue to help drive our escalating growth.”

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 financial close process and help improve financial controls for companies of all sizes. BlackLine software applications complement and are an integral component of existing Business Performance Management (BPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.

BlackLine offers customers a choice between enterprise or OnDemand delivery. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the effort the financial close places on the CFO. For more information, please visit www.blackline.com.

MEDIA CONTACT:

Ashley Dyer
Sr. Public Relations Manager
P. 818.936.7166
E: ashley.dyer@blackline.com

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