Best Buy Chooses Norstan to Upgrade Voice, Data Conferencing.Business Editors & Technology Writers MINNEAPOLIS--(BUSINESS WIRE)--May 1, 2002 Norstan, Inc. (Nasdaq:NRRD NRRD National Royal Rangers Department (international ministry) ), a leading provider of communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry solutions, today announced that Best Buy Co., Inc. (NYSE NYSE See: New York Stock Exchange :BBY BBY Best Buy (stock symbol) BBY Before Battle of Yavin (Star Wars) BBY BeBeyond (Chinese online community) ) has selected Norstan Communications, Inc. to expand its voice and data conferencing Sharing data interactively among several users in different locations. Data conferencing is made up of whiteboards and application sharing and are often used in conjunction with an audio or videoconferencing connection. services. Best Buy, North America's number one specialty retailer of consumer electronics, personal computers, entertainment software and appliances, has extended its longstanding relationship with Norstan with an agreement to expand the Company's voice conferencing system by adding integrated Web conferencing A videoconferencing session via the Internet. In order to interact with other participants, attendees use either a Web application or an application downloaded into their client machines. and collaboration capabilities. As a leading specialty retailer of consumer electronics with more than 1900 retail stores and plans for global expansion, Best Buy needed to rapidly expand their conferencing capabilities and accomplished such objective through easy and seamless upgrades to Best Buy's existing voice conferencing system based on Latitude Communications technology. The new conferencing solution allows Best Buy to control all aspects of its voice and Web conferencing capabilities, resulting in increased security. The addition of integrated Web conferencing features allows users to share files, presentations and collaborate in real-time. In addition to the integrated Web conferencing, Best Buy also chose to integrate scheduling and calendar functionality via Microsoft's Outlook. This integration will allow users to schedule voice and Web conferences with a Groupware Software that supports multiple users working on related tasks in local and remote networks. Also called "collaborative software," groupware is an evolving concept that is more than just multiuser software which allows access to the same data. tool they are already familiar with. In addition, Best Buy users have the ability to schedule and attend conferences through the Latitude Web interface via the Intranet. "With retail operations across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and plans for further expansion, communication with our retail managers is vital," said Ward Jones, technical consultant, Best Buy. "Norstan's scaleable solution leverages our existing voice, data and Groupware investments making the upgrade quick and easy." "Our installation for Best Buy was designed to grow with the Company's needs, and this upgrade illustrates the wisdom of our approach, said Larry Schmidt, executive vice president of Norstan's Direct Solutions. "We are thrilled that an industry leader like Best Buy has chosen to rely on Norstan for its conferencing needs." About Best Buy Co., Inc. Minneapolis-based Best Buy Co., Inc. (NYSE:BBY) is North America's number one specialty retailer of consumer electronics, personal computers, entertainment software and appliances. The Company operates retail stores and commercial Web sites under the names: Best Buy (BestBuy.com), Future Shop (FutureShop.ca), Magnolia Hi-Fi (MagnoliaHiFi.com), Media Play (MediaPlay.com), On Cue (OnCue.com), Sam Goody Sam Goody is a music and entertainment retailer in the United States and formerly in the United Kingdom. It is owned and operated by Musicland, which itself is owned by former rival Trans World Entertainment which also runs Suncoast Motion Picture Company and, until January 2006, (SamGoody.com) and Suncoast (Suncoast.com). The Company reaches consumers through more than 1,900 retail stores nationwide, in Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. and in the U.S. Virgin Islands. About Norstan, Inc., www.norstan.com Norstan, Inc. (Nasdaq:NRRD) - ...the technology services people who improve the way their customers communicate. A full-service telecommunications solutions company that delivers voice and data technologies and services, and remanufactured equipment to select corporate end-users and channel partners. Norstan also offers a full range of technologies for contact center design, messaging, infrastructure, conferencing and mobility. Current Norstan customers rate Norstan's legendary service at a 97.7% customer satisfaction level. Headquartered in the Twin Cities, Norstan, a company small enough to care, yet big enough to serve, has offices located throughout North America. To learn more, visit the Norstan website at www.norstan.com This release contains forward-looking statements within the meaning of the Private Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Acts of 1995. A number of factors should be considered in conjunction with the above forward-looking statements, including changes in economic and market conditions, factors related to the development of new technologies, product pricing, industry regulation, management of growth, integration of acquisitions, and other factors set forth in cautionary statements included in Norstan's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other documents filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management's analysis only as of the date of the release. The company undertakes no obligation to update these forward-looking statements to reflect events and circumstances that may arise after the date of this release. |
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