BlackLine Systems Makes Prestigious Inc. 5000 List

Enterprise Financial Software Provider Takes No. 300 Spot in New Ranking of America's Fastest-Growing Private Companies with more than 900% Growth in Last Three Years

CALABASAS, Calif. – August 26, 2008 – BlackLine Systems has achieved the No. 300 spot in Inc. Magazine's newest list of the fastest-growing U.S.-based private companies, recording 932.7 percent growth in the last three years.

"This ranking reflects BlackLine's commitment to providing real value to our clients around automating and centralizing the financial close process," said Therese Tucker, CEO of BlackLine. "Our reputation for quality software and no-risk implementations has facilitated our rapid growth."

BlackLine also was ranked No. 19 and No. 20 in the Financial Services industry sector and Los Angeles regional categories, respectively. To see the complete listing for BlackLine, please visit: http://www.inc.com/inc5000/2008/company-profile.html?id=200803000. BlackLine customers include such household names as MGM Mirage and Baxter Americas.

The Inc. 5000 companies are ranked according to percentage revenue growth from 2004 through 2007. For more information, go to: http://www.inc.com/inc5000/2008/articles/introduction.html. To learn more about the selection criteria and methodology, go to:
http://www.inc.com/inc5000/2008/articles/methodology.html. The Inc. 500 magazine issue highlighting the top 500 companies on the list is due out today.

About BlackLine

Founded in 2001, BlackLine Systems was the pioneer of Balance Sheet Account Reconciliation software applications. An experienced provider of enterprise 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.com.

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