Barnes & Noble and Best Buy Announce Nook Partnership

"Barnes & Noble long ago established itself as a premiere bookseller and more recently as a genuine innovator in the digital content space. Our two companies share a clear vision for creating tools that give people the content they want, when and how they want it," said Chris Homeister, senior vice president and general manager of the Home Entertainment Group at Best Buy. "We look forward to showcasing NOOK within our growing eBook Reader collection, and to helping customers discover the special appeal of this distinctive reading device and eBookstore solution."

NOOK marries innovative technology and sleek minimalist design with access to Barnes & Noble's digital store of over one million eBooks, newspapers and magazines. NOOK's color touch screen for navigation along with a best-in-class E Ink® display offers an immersive, enjoyable e-reading experience. It offers both free 3G wireless and Wi-Fi access and is the first eBook Reader to offer digital lending for a wide selection of eBooks through Barnes & Noble's breakthrough LendMe(TM) technology. In Barnes & Noble stores, all NOOK customers (regardless of where the device was purchased) can also enjoy fast and free Wi-Fi access to shop, exclusive More in Store content from leading authors, promotional offers and, coming soon, they'll be able to browse the complete contents of many eBooks or periodicals in the vast Barnes & Noble catalog.

About Best Buy Co., Inc.
With operations in the United States, Canada, Europe, China, Mexico and Turkey, Best Buy is a multinational retailer of technology and entertainment products and services with a commitment to growth and innovation. The Best Buy family of brands and partnerships collectively generates more than $49 billion in annual revenue and includes brands such as Best Buy; Best Buy Mobile; Audiovisions; The Carphone Warehouse; Future Shop; Geek Squad, Five Star; Magnolia Audio Video; Napster; Pacific Sales; The Phone House; and Speakeasy. Approximately 180,000 employees apply their talents to help bring the benefits of these brands to life for customers through retail locations, multiple call centers and Web sites, in-home solutions, product delivery and activities in our communities. Community partnership is central to the way we do business at Best Buy. In fiscal 2010, we donated $25.2 million to improve the vitality of the communities where our employees and customers live and work. For more information about Best Buy, visit www.bby.com