BlackLine Systems Selected As Finalist In Red Herring Ranking of the Top Private Tech Companies In North America

ANNUAL AWARD HONORS THE 100 “MOST PROMISING” COMPANIES DRIVING THE FUTURE OF TECHNOLOGY

Calabasas, Calif. - May 6, 2009 - Global media company and leading technology industry news source Red Herring has named financial software provider BlackLine Systems as a Finalist for its prestigious Red Herring 100 Award – an annual ranking of the 100 most innovative private technology companies based in North America.

Red Herring chose 200 finalists for its 2009 award from a pool of more than 1,200 entrants. Selections were based on a number of criteria including each company’s Technology, Management Team, Customers, Business Model, Alliances/Partners and Financing. The winning companies will be announced next week at the Red Herring 100 Award event in San Diego.

About BlackLine
Founded in 2001, BlackLine Systems was the first to develop and offer a commercially available Balance Sheet Account Reconciliation solution. An experienced provider of 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.blackline.co

MEDIA CONTACT:

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

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