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Technology Stocks : Blackboard Inc. (Nasdaq:BBBB)

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From: JakeStraw2/7/2011 9:28:58 AM
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Blackboard Sees Strong Momentum for New Contactless Campus Card Solution

More than 50 Institutions Adopt Contactless Platform Powered by Sony FeliCa

WASHINGTON, Feb. 7, 2011 /PRNewswire/ -- Blackboard Inc. (Nasdaq:BBBB) and Sony Electronics today announced they have seen strong momentum in customer adoption of the Blackboard Transactâ„¢ contactless campus card solution. Already, more than 50 institutions have adopted the contactless platform, which leverages cutting-edge technology to provide a safer and more convenient campus experience.

Developed specifically for higher education institutions in the United States, the fully integrated technology platform transforms the way students navigate life on and off campus. Using smart cards with built-in contactless chips that enable payment or entry with a wave or a tap, students can get into secure buildings and facilities, pay for books, meals and laundry and even access campus events - all at significantly faster speeds than with traditional identification technologies.
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