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Borders Books & Music® to Open Store in Downtown Detroit
  
ANN ARBOR, Mich., August 29, 2003--Borders Books & Music will open an 8,000-square-foot store in downtown Detroit this November. The store will be located on the street level of the new Compuware World Headquarters building, overlooking Woodward Avenue and the Campus Martius Park. The new Borders will offer downtown residents and commuters a comfortable and convenient place to explore a selection of thousands of book, music, DVD and periodical titles. The downtown Detroit location was selected by Borders based on a variety of factors including the area’s strong daytime population, which includes a base of more than 4,100 Compuware employees. Other positive site attributes include the cotenant mix, the availability of parking and the attractiveness of the site. Borders currently operates 14 superstores in southeast Michigan. "Borders is excited to be part of downtown Detroit’s revitalization," said Randy Rohde, regional director for the new Borders location. "Like all of our stores, this Borders will tailor its inventory to meet the needs of the community. An expanded business section, a solid newspaper and periodical selection, a large computer book section and best-selling titles will be important parts of this store’s offering." "We're excited that Borders has chosen to open this location in the Compuware building," said Compuware Chairman and CEO Peter Karmanos, Jr. "Augmenting the already strong base of local and national retailers planned for our building, Borders will provide a world-class environment for anyone in the downtown area that loves books and music." Borders has a strong corporate sales program where businesses can obtain a discount on their purchases. Corporate discounts will also be given to local libraries and schools in the area. Free events and ‘Benefit Days’ that support local charities will be held throughout the year. Borders is an industry leader in selection, customer service and convenience. Borders stores offer up to 200,000 book, music, DVD and periodical titles, as well as cutting-edge service technology through Title Sleuth™ self-service computer stations located throughout the store. Title Sleuth allows Borders customers to easily determine if a particular book, CD or movie is in stock at the store they are visiting or at a nearby Borders location and offers access to more than 15 million used, out-of-print and hard-to-find titles worldwide. For Borders.com and Amazon.com shoppers, "In-Store Express Pick Up" service combines the ease of ordering online with the convenience of paying for their purchase and picking it up the same day. Exploring contemporary books and CDs by innovative authors and artists is easy with Borders’ "Original Voices" program - featuring the works of more than 200 contemporary authors and illustrators from around the world in the categories of fiction, non-fiction, young adult and children’s picture books throughout the year. For those unsure of what they’re looking for, "Borders Recommends" titles and reviews are displayed throughout the store and knowledgeable booksellers are happy to suggest titles well suited to each customer. In the multimedia section, Borders B-Listening™ lets customers preview nearly every CD in store and view trailers of DVDs. In addition, Borders’ experienced buying staff recommends music and movie titles everyone should have in their personal libraries through in-store "Borders Essentials" lists. About Borders GroupBorders Group (NYSE:BGP) is a leading global retailer of books, music and movies. Headquartered in Ann Arbor, Mich., the company employs 32,000 people worldwide and operates over 420 Borders domestic superstores; 35 international Borders stores located primarily in the U.K. and the Pacific Rim; 37 Books etc. stores throughout Great Britain; and approximately 750 Waldenbooks stores in malls across America. Teamed with Amazon.com, the company also offers online shopping through Borders.com (www.borders.com) and Waldenbooks.com (www.waldenbooks.com). More detailed information on the company is available at www.bordersgroupinc.com. Information on Borders stores title selection, events and locations is available through www.bordersstores.com. Compuware CorporationCompuware Corporation, a multi-billion dollar company, provides business value through software and professional services that optimize productivity and reduce costs across the application life cycle. Meeting the rapidly changing needs of businesses of all sizes, Compuware’s market-leading solutions improve the quality, ease the integration and enhance the performance of distributed, e-business and enterprise software. For more information about Compuware, please contact the corporate offices at 800-521-9353. You may also visit Compuware on the World Wide Web at http://www.compuware.com.
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