Best Buy Signs Multi-Million Dollar Contract for Enhanced AT&T Integrated Network Connection Service

Leading Retailer Benefits From Reduced Operations Costs, Expanded Bandwidth,

and Single Point of Contact for Converged Voice, Data and IP Services



Apr 18, 2001, 01:00 ET from AT&T

    BASKING RIDGE, N.J., April 18 /PRNewswire/ -- AT&T (NYSE:   T) announced
 today that Best Buy Co., Inc. (NYSE:   BBY), the nation's number one specialty
 retailer of consumer electronics, personal computers, entertainment software
 and appliances, has signed a three-year, multi-million dollar contract for an
 enhanced version of AT&T Integrated Network Connection Service.
     Best Buy will use the service at its 419 retail stores in 41 states to
 enhance its retail store applications such as point of sale, prioritized
 credit card verification, and image- and video-intensive in-store, kiosk-based
 employment applications.  Migration of 270 locations -- more than half of the
 Best Buy network -- already is under way and will be complete by the end of
 this year.  The remaining sites will be implemented in 2002.
     Integrated Network Connection Service helps enterprise branch locations
 communicate more efficiently and cost effectively by giving them an integrated
 access line for their voice, data and IP communications.  It does this through
 "dynamic allocation," a technology that gives each location more use of their
 available bandwidth and the flexibility to use it when they need it.
     This implementation of Integrated Network Connection Service expands the
 dynamic bandwidth allocation capabilities of the generally available service
 to a "single-box" solution that provides up to 48 voice calls and up to 6 Mbps
 of Frame Relay, IP or Ethernet traffic using an Inverse Multiplexing for ATM
 access arrangement.
     More than 20 companies have selected the current version of the service
 that supports 24 voice calls and 1.3 Mbps of Frame Relay or IP traffic. An
 expanded version of AT&T Integrated Network Connection Service will be
 generally available in the fourth quarter.
     "AT&T Integrated Network Connection Service gives Best Buy a secure,
 reliable, highly scalable, multi-service network solution that can provision
 bandwidth ahead of our business requirements," said Dave Kaercher, director of
 Technology Design and Build, at Best Buy.
     "Best Buy needed an infrastructure that consolidated numerous network
 functions and reduced operations costs and capital equipment expenditures,
 while supporting our retail growth strategies," he said.  "AT&T extends their
 streamlined network servicing into our stores with a single point of contact
 (SPOC) for provisioning and maintenance across voice, data and IP.  That,
 coupled with the 'can-do' attitude of the AT&T Labs team, was the combination
 we needed to design and build a robust WAN solution that will keep us at the
 retail forefront."
     AT&T Integrated Network Connection Service uses voice compression and an
 AT&T-operated Asynchronous Transfer Mode (ATM) multiplexer located on the
 customer's premises to dynamically allocate bandwidth between voice, data and
 IP applications.  That means the network automatically devotes enough
 bandwidth to wherever it's needed as the type of traffic and demands on the
 network change.  The service works with existing customer premises equipment,
 such as a Private Branch Exchange and a Local Area Network hub.
     "We're pleased Best Buy has recognized the simplicity and flexibility
 Integrated Network Connection Service can offer them," said Dale McHenry, AT&T
 data connectivity product management vice president. "AT&T is committed to
 being the leading network provider for enterprises by helping them manage the
 complexity of their networks.
     "Best Buy's endorsement of Integrated Network Connection Service proves
 we've hit the right mix for businesses -- significant cost savings, reduced
 network complexity, and simplified network evolution," he said.
     Best Buy also is a key distribution channel for AT&T PrePaid Cards, AT&T
 Wireless and AT&T Broadband services.
 
     About AT&T
     AT&T (http://www.att.com) is among the world's premier voice, video and
 data communications companies. With annual revenues of more than $62 billion
 and 160,000 employees, AT&T provides services to customers worldwide. Backed
 by the research and development capabilities of AT&T Labs, the company runs
 the world's largest, most sophisticated communications network, is the largest
 cable operator in the U.S., and has one of the largest digital wireless
 networks in North America.
     The company is a leading supplier of data and Internet services for
 businesses and offers outsourcing, consulting and networking-integration to
 large businesses. Through its recent cable acquisitions, AT&T delivers
 broadband video, voice and data services to customers throughout the United
 States. Internationally, Concert, the AT&T/BT Global Venture, serves the
 communications needs of multinational companies and international carriers
 worldwide.
 
     About Best Buy
     Minneapolis-based Best Buy Co., Inc. (NYSE:   BBY) is the nation's number
 one specialty retailer of consumer electronics, personal computers,
 entertainment software and appliances. The Enterprise operates retail stores
 and commercial web sites under the names: Best Buy, (BestBuy.com), Magnolia
 Hi-Fi, Media Play (MediaPlay.com), On Cue (OnCue.com), Sam Goody
 (SamGoody.com), and Suncoast (Suncoast.com). The Company reaches consumers
 through more than 1,800 retail stores nationwide, in Puerto Rico and the in
 U.S. Virgin Islands and employs more than 70,000 people
 
     The foregoing are "forward-looking statements" which are based on
 management's beliefs as well as on a number of assumptions concerning future
 events made by and information currently available to management. Readers are
 cautioned not to put undue reliance on such forward-looking statements, which
 are not a guarantee of performance and are subject to a number of
 uncertainties and other factors, many of which are outside AT&T's control,
 that could cause actual results to differ materially from such statements. For
 a more detailed description of the factors that could cause such a difference,
 please see AT&T's filings with the Securities and Exchange Commission. AT&T
 disclaims any intention or obligation to update or revise any forward-looking
 statements, whether as a result of new information, future events or
 otherwise. This information is presented solely to provide additional
 information to further understand the results of AT&T.
 
     Logo:   http://www.att.com/identity/library/
 
 

SOURCE AT&T
    BASKING RIDGE, N.J., April 18 /PRNewswire/ -- AT&T (NYSE:   T) announced
 today that Best Buy Co., Inc. (NYSE:   BBY), the nation's number one specialty
 retailer of consumer electronics, personal computers, entertainment software
 and appliances, has signed a three-year, multi-million dollar contract for an
 enhanced version of AT&T Integrated Network Connection Service.
     Best Buy will use the service at its 419 retail stores in 41 states to
 enhance its retail store applications such as point of sale, prioritized
 credit card verification, and image- and video-intensive in-store, kiosk-based
 employment applications.  Migration of 270 locations -- more than half of the
 Best Buy network -- already is under way and will be complete by the end of
 this year.  The remaining sites will be implemented in 2002.
     Integrated Network Connection Service helps enterprise branch locations
 communicate more efficiently and cost effectively by giving them an integrated
 access line for their voice, data and IP communications.  It does this through
 "dynamic allocation," a technology that gives each location more use of their
 available bandwidth and the flexibility to use it when they need it.
     This implementation of Integrated Network Connection Service expands the
 dynamic bandwidth allocation capabilities of the generally available service
 to a "single-box" solution that provides up to 48 voice calls and up to 6 Mbps
 of Frame Relay, IP or Ethernet traffic using an Inverse Multiplexing for ATM
 access arrangement.
     More than 20 companies have selected the current version of the service
 that supports 24 voice calls and 1.3 Mbps of Frame Relay or IP traffic. An
 expanded version of AT&T Integrated Network Connection Service will be
 generally available in the fourth quarter.
     "AT&T Integrated Network Connection Service gives Best Buy a secure,
 reliable, highly scalable, multi-service network solution that can provision
 bandwidth ahead of our business requirements," said Dave Kaercher, director of
 Technology Design and Build, at Best Buy.
     "Best Buy needed an infrastructure that consolidated numerous network
 functions and reduced operations costs and capital equipment expenditures,
 while supporting our retail growth strategies," he said.  "AT&T extends their
 streamlined network servicing into our stores with a single point of contact
 (SPOC) for provisioning and maintenance across voice, data and IP.  That,
 coupled with the 'can-do' attitude of the AT&T Labs team, was the combination
 we needed to design and build a robust WAN solution that will keep us at the
 retail forefront."
     AT&T Integrated Network Connection Service uses voice compression and an
 AT&T-operated Asynchronous Transfer Mode (ATM) multiplexer located on the
 customer's premises to dynamically allocate bandwidth between voice, data and
 IP applications.  That means the network automatically devotes enough
 bandwidth to wherever it's needed as the type of traffic and demands on the
 network change.  The service works with existing customer premises equipment,
 such as a Private Branch Exchange and a Local Area Network hub.
     "We're pleased Best Buy has recognized the simplicity and flexibility
 Integrated Network Connection Service can offer them," said Dale McHenry, AT&T
 data connectivity product management vice president. "AT&T is committed to
 being the leading network provider for enterprises by helping them manage the
 complexity of their networks.
     "Best Buy's endorsement of Integrated Network Connection Service proves
 we've hit the right mix for businesses -- significant cost savings, reduced
 network complexity, and simplified network evolution," he said.
     Best Buy also is a key distribution channel for AT&T PrePaid Cards, AT&T
 Wireless and AT&T Broadband services.
 
     About AT&T
     AT&T (http://www.att.com) is among the world's premier voice, video and
 data communications companies. With annual revenues of more than $62 billion
 and 160,000 employees, AT&T provides services to customers worldwide. Backed
 by the research and development capabilities of AT&T Labs, the company runs
 the world's largest, most sophisticated communications network, is the largest
 cable operator in the U.S., and has one of the largest digital wireless
 networks in North America.
     The company is a leading supplier of data and Internet services for
 businesses and offers outsourcing, consulting and networking-integration to
 large businesses. Through its recent cable acquisitions, AT&T delivers
 broadband video, voice and data services to customers throughout the United
 States. Internationally, Concert, the AT&T/BT Global Venture, serves the
 communications needs of multinational companies and international carriers
 worldwide.
 
     About Best Buy
     Minneapolis-based Best Buy Co., Inc. (NYSE:   BBY) is the nation's number
 one specialty retailer of consumer electronics, personal computers,
 entertainment software and appliances. The Enterprise operates retail stores
 and commercial web sites under the names: Best Buy, (BestBuy.com), Magnolia
 Hi-Fi, Media Play (MediaPlay.com), On Cue (OnCue.com), Sam Goody
 (SamGoody.com), and Suncoast (Suncoast.com). The Company reaches consumers
 through more than 1,800 retail stores nationwide, in Puerto Rico and the in
 U.S. Virgin Islands and employs more than 70,000 people
 
     The foregoing are "forward-looking statements" which are based on
 management's beliefs as well as on a number of assumptions concerning future
 events made by and information currently available to management. Readers are
 cautioned not to put undue reliance on such forward-looking statements, which
 are not a guarantee of performance and are subject to a number of
 uncertainties and other factors, many of which are outside AT&T's control,
 that could cause actual results to differ materially from such statements. For
 a more detailed description of the factors that could cause such a difference,
 please see AT&T's filings with the Securities and Exchange Commission. AT&T
 disclaims any intention or obligation to update or revise any forward-looking
 statements, whether as a result of new information, future events or
 otherwise. This information is presented solely to provide additional
 information to further understand the results of AT&T.
 
     Logo:   http://www.att.com/identity/library/
 
 SOURCE  AT&T

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