BlackLine CEO Wins 2 Golden Bridge Awards

ANNUAL AWARDS PROGRAM RECOGNIZES THE ‘BEST COMPANIES AND EXECUTIVES’ FROM AROUND THE WORLD

LOS ANGELES Aug. 11, 2011 – Therese Tucker, CEO and founder of financial software provider BlackLine Systems, was honored last night at an awards ceremony in New York City with two 2011 Golden Bridge Awards in the “Women in Business and the Professions” category. The third annual awards program recognized “the best companies and executives” on a global level.

Tucker came away with the prestigious titles of “Best Entrepreneur/Founder – Non Services Business” and also “Best Woman Professional – SaaS or Cloud Computing.”

Other companies up for awards included Apple, Cisco, Facebook and Twitter.

The Golden Bridge recognition reflects the accomplishments of Tucker in building the account reconciliation and financial close software provider into the leading company in its space.

BlackLine revenues were up by more than 50 percent in both 2009 and 2010. The company also reported its strongest quarter on record in Q1, with its sales team closing half as many new deals in the first quarter of 2011 alone – traditionally the slowest time of year for software sales – as in the entire calendar year 2010. The 2009 growth follows three sequential previous years where the company’s revenues doubled under Tucker’s direction.

The Golden Bridge achievements follow a number of other accolades for BlackLine and Tucker. Most recently, Tucker won a 2011 Stevie® American Business Award? for Software Executive of the Year. At the end of 2010, Accounting Today named Tucker to its “10 Worth Watching” list of “pioneers in the accounting profession.” BlackLine also ranked 61st nationally and 3rd in Los Angeles on Deloitte’s 2010 Technology Fast 500™. Earlier this year, BlackLine was named a Red Herring 100 Global Winner – recognizing the company as one of the “most innovative and promising” tech ventures in the world.

The San Fernando Valley Business Journal also recently honored Tucker as a “Woman of the Decade.”

The Golden Bridge Awards are an annual industry and peers recognition program honoring companies in every major industry, of all sizes and from all over the world. Details about The Golden Bridge Awards and the list of honorees in all categories are available at http://www.goldenbridgeawards.com/awards/2011/.

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 companies from the Fortune 100 to beyond the Fortune 1,000, BlackLine provides quick-to-implement, scalable and easy-to-use applications that automate the entire financial close process to help improve financial controls for companies of all sizes. BlackLine software applications complement existing Enterprise Performance Management (EPM), Governance Risk and Compliance (GRC) and Enterprise Resource Planning (ERP) systems.

BlackLine offers clients its enterprise-class software in a simple and secure OnDemand/SaaS platform. With a proven track record and a commitment to customer success, BlackLine seeks to reduce the burden the financial close places on accounting and finance professionals. 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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