ENTERPRISE FINANCIAL SOFTWARE PROVIDER BLACKLINE SYSTEMS SURPASSES 10,000-USER MARK

A&T, BAXTER AMERICAS, MGM MIRAGE AMONG COMPANIES UTILIZING 1ST AUTOMATED FINANCIAL CLOSE/ACCOUNT RECONCILIATION SOFTWARE SUITE

CALABASAS, Calif. – September 19, 2008 – More than 10,000 users in large corporations worldwide are now using BlackLine Systems software to streamline the financial close process. AT&T, Baxter Americas and MGM Mirage are among their well-known customers.

BlackLine provides accounting department staff with financial applications that, for the first time, automate the entire month- and year-end close processes – even for entities utilizing multiple programs, legacy and/or diverse financial and accounting systems. BlackLine offers modules for Balance Sheet Account Reconciliations, Variance Analysis, Task Management, Journal Creation and Transaction Matching.

“Our goal has always been to deliver ROI to accounting staff in Fortune 1,000 corporations,” Therese Tucker, CEO and founder, BlackLine Systems, said. “Continually adding household names to our prestigious client roster is a testament to the fact that CFOs in some of the world’s largest companies see the value and ROI that they will get from implementing BlackLine – in many cases across global organizations.”

BlackLine Systems will be showing its flagship software at Oracle’s OpenWorld conference next week in San Francisco in booth No. 3137.

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, scalable 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 Enterprise Performance Management (EPM), 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.blacklin

MEDIA CONTACT:

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

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