Geac
Alliance Brings Together Complementary Technologies for Business Intelligence and Financial Performance Management
McLean, Va., (January 23, 2006) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Geac®, a global enterprise software company dedicated to addressing the needs of CFOs, has signed a Global Reseller Agreement with MicroStrategy.
Geac plans to offer a solution that integrates MicroStrategy’s business intelligence reporting with Geac’s MPC performance management software. This solution will provide finance professionals with enhanced reporting and analysis of financial performance management data.
“MicroStrategy and Geac have produced dramatic improvements in the enterprise performance management of our theme park business,” said Dan Aptor, Director of Financial Systems for NBC Universal. “We faced an escalating demand from management for enhanced operational reporting and budgeting. With support from MicroStrategy, we can now track ticket sales, marketing promotions, food and retail purchases, and other key data on a daily basis and Geac’s MPC financial application helped us reduce the budgeting process from 6-8 weeks to 2 weeks. There are many other areas across the company where MicroStrategy and Geac have enabled us to streamline our operations, yielding millions in cost savings and allowing us to make more timely and strategic decisions.”
“MicroStrategy is a proven leader in the business intelligence arena and we are delighted to collaborate with them and introduce the benefits of MicroStrategy’s proven solutions to our customer base,” said Brian Hartlen, Geac’s vice president of global marketing. “Our companies are working together to ensure that we help our customers more efficiently and effectively leverage information technology to manage their organizations.”
“Through this alliance, Geac’s customers will gain greater value from their corporate performance management investment with the ability to leverage MicroStrategy’s advanced business intelligence technology,” said Tom Villani, MicroStrategy’s vice president of global alliances. “We are pleased to add Geac to our portfolio of alliances.” The partnership will be introduced at MicroStrategy World 2006, January 23-26, 2006 in Miami, Florida.
About Geac
Geac (TSX: GAC, NASDAQ:GEAC) is a global enterprise software company that addresses the needs of the Chief Financial Officer. Geac’s best-in-class technology products and services help organizations do more with less in an increasingly competitive environment, amidst growing regulatory pressure, and in response to other business issues confronting the CFO. Further information is available at http://www.geac.com or through e-mail at info@geac.com.
About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com
Source: MicroStrategy