AT&T Wins $60 Million Networking Contract From Deutsche Bank

NEW YORK -- AT&T announced today it has won a five-year, $60 million networking contract from Deutsche Bank, one of the world's leading international financial services providers.

Under the contract, which extends and expands a longstanding relationship between the two companies, AT&T becomes Deutsche Bank's primary telecommunications carrier in the United States.

AT&T will standardize the data and voice communications platform that supports Deutsche Bank's 37 U.S. locations and links with the bank's U.S.-based commercial communications architecture while also managing costs and planning for the future.

"With networking and communications at the heart of our business, we're initiating strategic relationships with a select number of global providers, including AT&T," said Robert Healy, Managing Director Global Networks, of Deutsche Bank.

"In addition to meeting our needs today, we're counting on AT&T to help us design and manage a networking infrastructure that anticipates the needs and opportunities of tomorrow."

AT&T's networking solution becomes the backbone for Deutsche Bank's corporate communications infrastructure in the U.S., supporting a full range of capabilities including email, proprietary databases, online transactions and voice telephony. To support the bank, AT&T will provide local, long-distance and international data and voice services, as well as Internet and calling card services.

AT&T also provides high-speed, secure connectivity between Deutsche Bank's data hubs in New York and New Jersey. Additionally, AT&T's networking infrastructure provides business continuity capabilities in the event of a disaster.

About Deutsche Bank

With roughly Euro 878 billion in assets and approximately 66,900 employees, Deutsche Bank offers unparalleled financial services in 74 countries throughout the world. Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private & business banking franchise in Germany and other selected countries in Continental Europe. www.deutsche-bank.com

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.