AT&T COMPUTER UNIT CHANGES NAME BACK TO NCR CORPORATION; REFOCUSED NCR TO CONCENTRATE ON COMPUTER SYSTEMS AND SERVICES AS WELL AS SOLUTIONS FOR KEY INDUSTRIES.

DAYTON, Ohio--(BUSINESS WIRE)--Jan. 10, 1996--AT&T's computer unit, AT&T Global Information Solutions, today changed its name back to NCR Corporation in anticipation of being spun off to AT&T shareholders by January 1997 as an independent, publicly-traded company.

AT&T announced last September 20 that it would separate into three publicly traded, global companies: AT&T, which will provide communications services; a yet-to-be-named systems and technology company; and a business computing company, which is the new NCR.

AT&T GIS had to change its name since it will no longer be permitted to use the AT&T name and logotype after the spin-off.

NCR, which merged with AT&T in 1991, was renamed AT&T Global Information Solutions in January 1994.

"The name 'NCR' re-establishes in the marketplace the value, accomplishments, and customer loyalty of our 112-year history," said NCR CEO Lars Nyberg. "The name also symbolizes the core capabilities we are building in world-class, transaction-intensive computing and a comprehensive set of support and professional services to secure our future."

"Our capabilities include excellent computer technology, worldwide support and professional services, and specialized solutions for the retail, financial, and communications industries -- for example, automated teller machines and retail point-of-sale terminals," he said. "The solutions, which are composed of computer hardware, software, and services, turn transaction data into useful information that allows businesses to better serve their customers."

NCR also has a business called Systemedia, which manufactures and markets paper-receipt rolls, business forms, ink ribbons, labels, and other items for customers in many industries.

New Logo

NCR's future is underscored by the dramatic look of the new NCR logo. Graphically strong, the logo is designed to cut through the clutter of typical corporate symbols and suggest the qualities of the new NCR -- strength, responsiveness, innovation, dependability, partnership with its customers, and global reach. The logo will be incorporated on new company signs, products, and documents in several phases throughout 1996.

Technology Agreement With Bell Labs

NCR also announced today that it has entered into a multi-year agreement to maintain and improve its participation in Bell Labs' world-class research programs in multiple areas of strategic interest. NCR will have access to the results of Bell Labs' research programs and be able to derive products and solutions from them.

"The agreement will make Bell Labs the primary research organization for NCR," said Nyberg. "Promising basic research from Bell Labs -- one of the world's most renowned research institutions -- will be brought into our development organizations for commercialization and integration into our products and solutions."

Refocused NCR

"The name change is not a magic elixir for solving the problems of this company," said Nyberg. "Our return to profitability depends on our ability to deliver in the marketplace."

Since September, the company has taken a series of actions to cut costs and refocus its resources.

NCR renewed its commitment to be a computer systems and services company with market leadership positions in key technologies. NCR's expertise spans computer technology, support and professional services, and understanding customer needs, particularly in the retail, financial, and communications industries, where it already has significant market presence.

NCRs major achievements in each of these industries include:

Computer Industry Leadership

o According to International Data Corporation, NCR is the leader

in worldwide, UNIX, medium-scale systems with a 13.2

percent market share.

o NCR is the leader in the commercial massively parallel 

processing market with a 50 percent market share.

o NCR was the fastest-growing vendor in the medium-scale UNIX

market during 1993-1994.

o NCR is growing faster than the industry average in the

advanced operating environment server/host category.

The company's recently announced WorldMark(TM) enterprise servers offer a combination of affordability, scalability, and performance never before seen in the computer industry.

In addition, NCR installed and maintains the single largest commercial data processing system in the world, and has more than 12 years of experience in the design, implementation, management, and servicing of many of the world's large-scale data warehouses.

Services Leadership

o With more than 20,000 services professionals operating from

1,100 offices in 130 countries, NCRs service capabilities

represent a unique combination of global resources and

strong presence in local markets.

o NCR is recognized as an industry leader in data warehousing 

and information technology architecture consulting,

in network service solutions, and in support services that

help businesses keep critical systems up and running

around the clock.

o In 1995, NCR's professional services business grew 29 percent

and its customer support business grew 13 percent.

o InformationWeek ranked NCR in the top-tier of world-wide

consulting companies.

o According to International Data Corporation, NCR services and

supports more retail and financial transaction-based

systems than any other company in the world.

Retail Industry Leadership

o NCR is a world leader in point-of-sale terminals with a greater

than 20 percent market share.

o NCR is the world's leading provider of slot scanners with

an estimated 40 percent market share.

o NCR is a leading provider of data warehousing solutions

to the retail market, including the world's four

largest retailers.

Financial Industry Leadership

o NCR is the world leader in ATMs with a 33 percent market

share.

o NCR has the largest installed base of low- and medium-speed

MICR (magnetic ink character recognition) products.

o NCR is recognized by the Tower Group as the best and most

experienced company in relationship banking, which refers

to capabilities enabling a bank to mine its information

and offer customers individualized products and services.

Communications Industry Leadership

o Using its strength in data warehousing, NCR has developed

Customer Insight Solutions that enable the world's

communications infrastructure companies to better understand

their customers and provide products and services that

uniquely meet their needs.

Systemedia

o Systemedia is the global leader in stock and custom paper rolls

for retail point-of-sale equipment and ATMs.

o It has superior expertise in inking cassette design and

manufacture, and in the design and manufacture of labels and

label/form combinations.

NCR Corporation has more than 38,000 employees serving customers, directly and indirectly, in more than 190 countries around the globe. When it is spun off, NCR will become a $7 billion business. Its corporate headquarters is in Dayton, Ohio, which also houses NCR's computer, services, communications, and Systemedia businesses. The company's financial business is based in London; its retail business is located in Atlanta. -0- WorldMark is a trademark of NCR Corporation.

CONTACT: Bob Farkas 513-445-2078 (office)

513-434-4927 (home)

http://www.ncr.com

or

Joe Horine 513-445-4178 (office)

513-885-7481 (home)

or

Dave Sacash 513-445-4168 (office)

513-435-4478 (home)

or

Mona Pohl, The Weber Group

617-520-7013 (office)