AT&T Wins Contract From Raymond James Financial

ST. PETERSBURG, Fla. -- Oct 5, 2005 -- AT&T announced today it has won a multimillion-dollar networking contract from Raymond James Financial Inc., a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Contract terms were not disclosed.

The two-year contract provides up to 2,100 participating Raymond James affiliateoffices around the globe access to a full portfolio of AT&T data, voice and Internet access services. The agreement offers Raymond James additional services and the flexibility it needs to continue to support its operations, while reducing costs.

Raymond James will also deploy AT&T’s Internet Protect to monitor the network for potential cyber security breaches. The service provides an early warning system to unusual activity and allows enterprises to predict and eliminate cyber threats before they can damage critical business operations.

“We’re able to realize tangible cost savings while maintaining a good relationship with a vendor that we’ve trusted for years,” said Karl Schoellnast, Vice President of Telecommunications at Raymond James. “Additionally, AT&T’s secure network provides the confidentiality, speed and efficiency we need to provide our customers with reliable service 24 hours a day, 7 days a week.”

Raymond James can monitor the performance of its network and applications through the secure AT&T customer portal, AT&T BusinessDirectâ, which provides operational efficiencies including around-the-clock online access to real-time reports on network performance and direct connection to trouble management systems.

About Raymond James & Associates

Raymond James Financial (NYSE-RJF) is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Its three wholly owned broker/dealers, Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd. have more than 4,800 financial advisors serving 1.3 million accounts in 2,100 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $147 billion, of which approximately $27 billion are managed by the firm's asset management subsidiaries.

About AT&T

For more than 125 years, AT&T (NYSE 'T') has been known for unparalleled quality and reliability in communications. Backed by the research and development capabilities of AT&T Labs, the company is a global leader in local, long distance, Internet and transaction-based voice and data services.