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

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.