BBOX Black Box Corp.

Black Box Corporation (NASDAQ:BBOX) and Platinum Equity, LLC today announced that they have signed a Purchase Agreement for Black Box to acquire the USA Commercial and Government and Canadian Operations of NextiraOne, LLC, a company owned by Platinum Equity, LLC. Fred C. Young, Black Box Corporation's Chief Executive Officer, said, "The teams on both sides have done a great job getting us to this point. Our goal from here will be to officially close this transaction by April 30, 2006. We look forward to this conclusion." Mr. Young went on to say, "Upon closing of this transaction, Black Box in total will be approximately $1 billion in revenues. And our core attributes will include: a very large and diverse customer base; the best technical team and, thus, the best operating model in our industry; a well-established single brand to market under - Black Box(R); and a strong financial foundation to provide us the necessary capital to effectively operate and grow our business. Our customers have expectations of Black Box to deliver a family of high quality technical services. Now they will have an even greater breadth of services made available to them from Black Box that is clearly unparalleled in the marketplace." As the transaction officially concludes, Black Box and NextiraOne will begin the integration process, including the immediate re-branding of the NextiraOne business as Black Box. The combined Black Box and NextiraOne entity will continue to fully support installed and new voice technology requirements for all NextiraOne clients. Black Box also will continue to be a Strategic Authorized National Nortel Elite Business Partner for all of Nortel's products and services throughout the USA and Canada. The Purchase Agreement contains conditions to close including satisfactory settlement of certain litigation and regulatory matters along with other customary closing conditions. There is no assurance that all closing conditions will be met and that the transaction will be completed. Forward-looking Statement Statements in this release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including, without limitation, statements regarding the company's expectations, objectives, anticipations, plans, hopes, beliefs, intentions or strategies regarding the future. Forward-looking statements in this release include, without limitation, statements regarding: (1) completion of satisfactory due diligence, (2) satisfaction of closing conditions, (3) closing of the transaction and (4) revenue. Factors that could cause actual results or events to differ materially from the forward looking statements include risks and uncertainties such as unsatisfactory due diligence results, the failure to satisfy closing conditions, the failure to develop or execute a successful integration plan regarding the acquired operations' customers, suppliers and employees and other risks indicated in our filings with the Securities and Exchange Commission. It is important to note that actual outcomes could differ materially from those in such forward-looking statements. Readers should also refer to the documents filed by Black Box with the Securities and Exchange Commission, specifically the annual report filed on Form 10-K for the year ended March 31, 2005, which identify important risk factors. About Black Box Black Box is the world's largest technical services company dedicated to designing, building and maintaining today's complicated data and voice infrastructure systems. Black Box services 152,000 clients in 141 countries with 143 offices throughout the world. To learn more, visit the Black Box website at www.blackbox.com. Black Box and the Double Diamond logo are registered trademarks of BB Technologies, Inc. About NextiraOne NextiraOne North America is a leading provider of integrated enterprise network, IP telephony, voice and data solutions and services that enable effective business communications. The company's expertise ranges from planning to the implementation, support and management of traditional, IP and converged voice and data communications networks. For more information, please visit www.nextiraone.com.