Blackbaud, Inc. Announces Filing of Shelf Registration Statement

    Business Editors/Technology Writers

    CHARLESTON, S.C.--(BUSINESS WIRE)--Jan. 18, 2005--Blackbaud, Inc. (NASDAQ:BLKB), the leading global provider of software and related services designed specifically for nonprofit organizations, today announced that it has filed a shelf registration statement on Form S-1 with the Securities and Exchange Commission ("SEC") for the proposed sale of up to 10 million shares of the Company's common stock by the selling stockholders identified in the registration statement. All proceeds from the potential sale of shares would go to the selling stockholders.
    Because the shareholders participating in the shelf registration are affiliates of the company, any public sales by them of their Blackbaud shares prior to the time that the registration statement is declared effective are subject to the volume limitations of Rule 144. Once the shelf registration statement is declared effective, the shares available for sale thereunder may be offered from time-to-time, separately or together, in public or private transactions, in one or more offerings, at prices and on terms set forth in the prospectus contained in the shelf registration statement, and in one or more supplements to the prospectus.
    A registration statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state.

    About Blackbaud

    Blackbaud is the leading global provider of software and related services designed specifically for nonprofit organizations. More than 12,500 organizations - including the American Red Cross, Bowdoin College, the Chesapeake Bay Foundation, the Crohn's & Colitis Foundation of America, the Detroit Zoological Society, Episcopal High School, Help the Aged, the Mayo Foundation, the New York Philharmonic and United Way of America -- use Blackbaud products and consulting services for fundraising, financial management, business intelligence and school administration. Blackbaud's solutions include The Raiser's Edge(R), The Financial Edge(TM), The Education Edge(TM), The Patron Edge(TM), The Information Edge(TM), WealthPoint(TM) ProspectPoint(TM) and NetCommunity (TM), as well as a wide range of consulting and educational services. Founded in 1981, Blackbaud is headquartered in Charleston, South Carolina, and has operations in Toronto, Ontario, Glasgow, Scotland, and Sydney, Australia.
    Blackbaud, the Blackbaud logo, The Raiser's Edge, The Financial Edge, The Education Edge, The Patron Edge, The Information Edge, WealthPoint, ProspectPoint and NetCommunity are trademarks or registered trademarks of Blackbaud, Inc.

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CONTACT: Integrated Corporate Relations Investor Contact: Tim Dolan, 617-217-2230 or Media Contact: Megan McDonnell, 203-682-8200

KEYWORD: SOUTH CAROLINA INDUSTRY KEYWORD: MEDICAL EDUCATION SOFTWARE SOURCE: Blackbaud, Inc.

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