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BLACKLINE HIRES TECHNOLOGY INDUSTRY VETERAN TO LEAD JAPAN SUBSIDIARY

Yoshiko Furuhama named Japan country manager as BlackLine expands to meet demand for solutions to automate critical accounting and finance processes

LOS ANGELES and TOKYO – Jan. 7, 2019 – BlackLine, Inc. (Nasdaq: BL) announced today that it has hired Yoshiko Furuhama as representative director and country manager for BlackLine K.K., the company’s recently established subsidiary in Tokyo, as the leading accounting automation solutions provider continues to build its presence in Japan.

Ms. Furuhama comes to BlackLine K.K. from Philips Japan, where she oversaw the digital transformation of a major business unit, following more than 20 years in various leadership positions at SAP in both Japan and Germany.

“Japanese companies realize that improving productivity and efficiency by streamlining key finance and accounting processes is critical as they grow and expand globally,” said Furuhama. “I am thrilled to help BlackLine build its presence in Japan as I feel strongly that BlackLine will be the company to bring financial transformation to Japanese customers.”

In October 2018, BlackLine announced that it had established BlackLine K.K., a joint venture between BlackLine, Inc. and Japan Cloud, to help the growing number of companies in Japan looking to increase automation, efficiency, financial governance and risk management across their accounting and financial operations.

“We see significant opportunity to help companies based in Japan with their finance transformation journeys,” said BlackLine, Inc. CEO Therese Tucker. “We believe Yoshiko’s extensive experience fostering digital transformation and advancing cloud technology at multiple Japanese companies will be a tremendous asset in helping BlackLine establish a strong market presence.”