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BLACKLINE SYSTEMS MAKES PRESTIGIOUS INC. 5000 LIST

ENTERPRISE FINANCIAL SOFTWARE PROVIDER TAKES NO. 300 SPOT IN NEW RANKING OF AMERICA’S FASTEST-GROWING PRIVATE COMPANIES WITH MORE THAN 900% GROWTH IN LAST THREE YEARS

BlackLine Systems has achieved the No. 300 spot in Inc. Magazine’s newest list of the fastest-growing U.S.-based private companies, recording 932.7 percent growth in the last three years.

CALABASAS, Calif. – August 26, 2008 –

“This ranking reflects BlackLine’s commitment to providing real value to our clients around automating and centralizing the financial close process,” said Therese Tucker, CEO of BlackLine. “Our reputation for quality software and no-risk implementations has facilitated our rapid growth.”

BlackLine also was ranked No. 19 and No. 20 in the Financial Services industry sector and Los Angeles regional categories, respectively. BlackLine customers include such household names as MGM Mirage and Baxter Americas.

The Inc. 5000 companies are ranked according to percentage revenue growth from 2004 through 2007. The Inc. 500 magazine issue highlighting the top 500 companies on the list is due out today.