Previews Stir Buzz for Blackbaud’s NXT Solution Line
Early customers give solutions high marks for innovation, usability and value
Charleston, S.C. (January 27, 2015) – Blackbaud, Inc. (NASDAQ: BLKB), a leading global provider of software and services for the nonprofit, charitable giving and education communities, today announced highlights of a successful customer preview program for Raiser’s Edge NXTTM and Financial Edge NXTTM.
“When we announced our plans for our cloud-based NXT solution line, customer interest and demand was immediate,” said Blackbaud Chief Executive Officer, Mike Gianoni. “Because we worked with customers throughout design and development, we’ve been able to make game-changing leaps forward in intelligence, accessibility, performance, and user experience. The proof is in the customer commitments even before our launch.”
“We’ve been very behind the times, and we knew we couldn’t continue to grow without making a change”, said Judy Ciapciak, executive director, Friends of Kids with Cancer. “We invested in Raiser’s Edge NXT because it’s the full package. The sky is the limit.”
Julia Kennard, CFO of EdVenture Children’s Museum noted, “We’re in a position now with Financial Edge NXT to provide reporting needed to make funders comfortable with how they’re donating their money. It’s everything that we have hoped for. It’s so much easier, so much more efficient.”
Blackbaud’s NXT solution line, which is scheduled to release to market in early summer of 2015, includes fundraising and relationship management with Raiser’s Edge NXT and accounting with Financial Edge NXT. At its annual bbcon conference in October 2014, the nonprofit leader promised NXT solution line customers unprecedented innovation with dramatically reduced IT and third-party costs, hassle-free upkeep, complete data security, and the world’s largest nonprofit support network.
“We are committed to delivering solutions that not only meet customer needs but bring new value beyond what they could have imagined”, said Kevin McDearis, Blackbaud’s senior vice president of Global Product Development. “The positive feedback pouring in from customer previews affirms that the investments we made in innovation, quality and performance with Raiser’s Edge NXT and Financial Edge NXT were the right ones. We look forward to seeing nonprofits achieve dramatically more as a result of adopting these new cloud solutions.”
Additional customer feedback related to today’s announcement and more information on Blackbaud’s preview program for the NXT solution line is available at www.blackbaud.com/nxtpreview. For more information about Raiser’s Edge NXT or Financial Edge NXT, visit www.blackbaud.com/nxt.
Serving the nonprofit, charitable giving and education communities for more than 30 years, Blackbaud (NASDAQ:BLKB) combines technology solutions and expertise to help organizations achieve their missions. Blackbaud works in over 60 countries to support more than 30,000 customers, including nonprofits, K12 private and higher education institutions, healthcare organizations, foundations and other charitable giving entities, and corporations. The company offers a full spectrum of cloud and on-premise solutions, and related services for organizations of all sizes, including nonprofit fundraising and relationship management, eMarketing, advocacy, accounting, payments and analytics, as well as grant management, corporate social responsibility, education and other solutions. Using Blackbaud technology, these organizations raise, invest, manage and award more than $100 billion each year. Recognized as a top company, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, the Netherlands, Ireland and the United Kingdom. For more information, visit www.blackbaud.com.
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, including statements regarding the introduction of new products and product features, as well as the expected benefits of the new products and product features. 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 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.