Fujitsu Transaction Solutions Inc.

Best Buy Canada Awards $3.9-million Point-of-sale Systems Contract to Fujitsu

State-of-the-art Upgrade Prepares Best Buy and Future Shop Stores For 'Future of Retailing'

Vancouver, BC, March 23, 2004 — Fujitsu Consulting (Canada) today announced it has been selected by Best Buy Canada Ltd. to be their integration partner for the company's multi-million dollar Canadian Point-of-Sale (POS) Replacement Program (CPR). Once complete, the program will replace the current, aging store systems and provide the company, which operates all Best Buy and Future Shop stores in Canada, with an integrated suite of store applications and the infrastructure to quickly implement future retail technologies.

The CPR project will ensure that core applications are fully integrated with one another to provide the company with next generation POS functionality. The suite of applications - store inventory, pricing, promotion and rebates management, sales audit and signage systems - will provide a more responsive and efficient retail environment.

"Customer service will take a significant step forward with the deployment of CPR," said Bill Akam, business information officer and vice president, Best Buy Canada Ltd. "CPR is the last big step in our program to build a platform capable of supporting the continued growth of our two brands in Canada."

At the centre of the CPR program is the integration of a new custom POS system in development by Best Buy Canada's parent company, Best Buy Co., Inc. The application is being built on Fujitsu's GlobalSTORE POS framework, a component-based software architecture that enables the development, implementation and maintenance of retail business functions. The GlobalSTORE POS framework is developed by Frisco, Texas-based Fujitsu Transaction Solutions, a sister company to Fujitsu Consulting, specializing in retail technology lifecycle solutions.

"Retail environments are moving into a future in which every POS transaction cascades throughout the system, updating everything from inventory and shelf stock checks, providing bricks and mortar integration with the Web, through to business intelligence applications," said Michael Long, senior vice president, Fujitsu Consulting.

"By undertaking the CPR project now, Best Buy is positioning itself to allow customers to buy anything, anytime, anywhere; allowing the customer to choose their preferred buying experience."

The program called for the integration of a complex suite of applications. Best Buy needed to supplement their existing base of developers, analysts and project managers to meet the project's tight timelines.

Fujitsu Consulting was selected as the consulting partner to provide expertise in all project areas, involving approximately 30 contracted consultants, in addition to Best Buy staff already assigned and working on the project. The Fujitsu Consulting portion of the work is valued at $3.9 million over the next 12 months.

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About Fujitsu Consulting (Canada)

A trusted provider of management and technology consulting to business and government, Fujitsu Consulting is the global consulting and services arm of the $38bn Fujitsu group. Fujitsu Consulting integrates the core expertise of the Fujitsu companies and its partners to deliver complete business solutions in the areas of Enterprise Value Management, Enterprise Mobility, Legacy Migration and Managed Services. Through its industry-recognized strategic approach, Macroscope®, Fujitsu Consulting enables clients to build more value into their IT investments and drive their leadership in the marketplace.

About Best Buy Canada Ltd.

Burnaby-based Best Buy Canada Ltd., a wholly owned subsidiary of Best Buy Co., Inc. (NYSE:BBY), is Canada's largest, fastest-growing national retailer and e-tailer of consumer electronic products for the digital age. The Company operates two retail chains under the Future Shop and Best Buy banners, as well as the nation's premier web store, at futureshop.ca. There are currently 108 Future Shop locations throughout Canada and 19 Best Buy locations in Alberta, Manitoba and Ontario. Best Buy Canada Ltd. and its more than 15,000 associates are committed to providing Canadians, through multiple brands and channels, expert service, the latest digital products and a wide selection of televisions, computers, audio, entertainment software and appliances.

About Fujitsu Transaction Solutions Inc.

Fujitsu Transaction Solutions Inc. is a wholly owned subsidiary of Fujitsu Limited (TSE: 6702) and the IT "lifecycle solutions" provider for consumer transaction environments. The company collaborates with customers to relentlessly reduce their costs and improve their profitability. Fujitsu's offerings include multi-vendor infrastructure management services, point-of-sale hardware and software, mobile devices and self service systems including U-Scan. The company has some 1,500 employees in the U.S., Canada and the Caribbean. Example customers include Canadian Tire, ChevronTexaco, Hannaford Bros., H.EB., Loblaws, Nordstrom, Payless ShoeSource, Regal Cinema, Ross Dress for Less, Staples, Stop & Shop and The TJX Companies, among others. The company also has a 50/50 joint venture with Retalix Ltd. (NASDAQ: RTLX) in StoreNext Retail Technologies LLC, the No. 1 supplier of retail technology to independent grocers and regional chains.
For more information, please see: us.fujitsu.com/retailing

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