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Blackbaud's Cultural Management Solution Sees Dramatic Momentum with Arts & Culture Organizations NationwideCHARLESTON, S.C., Nov. 17, 2016 /PRNewswire/ -- Blackbaud, Inc. (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced record momentum in product innovation and unprecedented customer response as it continues to bring new capabilities to market through Altru®, its cultural management solution. Altru is a market leading cloud solution that equips arts and culture organizations to consolidate admissions, membership, fundraising, merchandise, marketing and more, giving users a simple yet comprehensive view of their supporters. "Our relationship with Blackbaud is about so much more than software," said Laura Lott, president and CEO, American Alliance of Museums (AAM). "Blackbaud has become an integral member of the museum community and our partner in advocating for the industry. We both strive to empower all types of museums–from aquariums and historic sites to art museums and zoos–to achieve their missions." "The partnerships we have with organizations like the American Alliance of Museums, Association of Children's Museums and American Public Gardens Association, as well as the direct feedback from our customers provide us with continuous insight into what arts and cultural organizations need to further their missions," said Kevin Knight, Blackbaud's senior vice president and general manager, Arts & Cultural. "We have implemented 140 community ideas into the product already and plan to continue that trend moving forward." Blackbaud's Altru Strengthens Arts and Culture Organizations Nationwide Altru's customer-focused approach to continuous improvement has powered significant customer momentum during the past two quarters.
During bbcon 2016, its annual conference, Blackbaud announced new Altru features including member-only events, online pre-sales and guest pass tracking, with more coming in 2017 like enhanced performance and cloud operations. Blackbaud is also in the early adopter stage of integrating Altru and Luminate Online™, its advanced marketing solution offering, which enables a complete engagement package for arts and cultural organizations including marketing automation. To read the latest tips and insights for arts and cultural professionals, as well as additional customer spotlight stories, visit http://arts.blackbaud.com/. For more information about Altru, visit www.blackbaud.com/altru. About Blackbaud Blackbaud (NASDAQ: BLKB) is the world's leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and relationship management, digital marketing, advocacy, accounting, payments, analytics, school management, grant management, corporate social responsibility, and volunteerism. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland, and the United Kingdom. For more information, visit www.blackbaud.com. Media Contact Forward-looking Statements Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks related to our dividend policy and share repurchase program, including potential limitations on our ability to grow and the possibility that we might discontinue payment of dividends; risks relating to restrictions imposed by the credit facility; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc. Logo - http://photos.prnewswire.com/prnh/20160906/404305LOGO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/blackbauds-cultural-management-solution-sees-dramatic-momentum-with-arts--culture-organizations-nationwide-300365161.html SOURCE Blackbaud, Inc. |