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Monday, May 01, 2006


Black Box Corporation Announces Completion of Acquisition of NextiraOne USA and Canadian Operations


Represents approximately $270 to $280 million of projected voice services annualized revenues


PITTSBURGH, PENNSYLVANIA – May 1, 2006 -- Black Box Corporation (NASDAQ:BBOX - News) today announced that on April 30, 2006 it completed its previously-announced acquisition of the USA Commercial and Government and Canadian Operations of NextiraOne, LLC, a company owned by Platinum Equity, LLC. These operations service commercial and various government agency clients and represent approximately $270 million to $280 million of projected annualized voice services revenues.


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 transaction is being accounted for as a purchase. As a result of an estimate of the equity book value of the acquired companies (total asset less total liabilities, as adjusted by the parties for certain items) as of the closing date, the total net purchase price for the acquisition paid at closing was $97,305,000. The actual equity book value adjustment will be confirmed post-closing at which time the final purchase price will be determined. The purchase price was paid in cash.


Forward-looking Statements

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 revenue. Factors that could cause actual results or events to differ materially from the forward looking statements include risks and uncertainties such as the failure to develop or execute a successful integration plan regarding the acquired operations’ customers, suppliers and employees. It is important to note that actual outcomes could differ materially from those in such forward-looking statements. Readers should 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 158 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.



Investor Contact:
Mike McAndrew
Chief Financial Officer
Black Box Corporation
724-873-6788
E-mail: investors@blackbox.com

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