MicroStrategy Holds First-Ever EuroWorld Conference
Attendance from 23 Countries
McLEAN, Va. (November 19, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today reported that it held its first- ever European customer user conference, EuroWorld 2004, in Madrid, Spain, reflecting MicroStrategy’s growing footprint in the highly competitive European market.
MicroStrategy EuroWorld 2004 featured:
* Attendance by several hundred European customers, prospects and partners
* Attendees from 23 different countries
* 47 educational sessions from MicroStrategy product managers, technologists and leading customers
“The success of MicroStrategy EuroWorld 2004 exceeded our most optimistic projections,” said MicroStrategy COO Sanju Bansal. “The conference not only showcased our leading-edge technology and our increased European customer base, but also gave a great opportunity to MicroStrategy employees, customers, press and analysts to build important new networks among themselves.”
Bansal continued: “The feedback we’ve received from MicroStrategy EuroWorld has been very positive. We expect that MicroStrategy EuroWorld will become an exciting fixture of the industry conference calendar in the years ahead.”
MicroStrategy has a diverse European customer base, with leading companies in such major industries as finance, insurance, telecommunications and retail. During the last year, MicroStrategy has announced new deals with such industry leaders as Carrefour, Banco de España, Amlin Plc, Fnac, Alitalia and METRO Group.
About MicroStrategy
Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Leading Fortune 2000 companies are integrating MicroStrategy’s industrial-strength software into virtually all facets of their businesses. The MicroStrategy Business Intelligence Platform(TM) distills vast amounts of data into vital, probing insight to help drive cost-efficiency, productivity, customer relations and revenue-generation.
MicroStrategy offers exceptional capabilities — excellent scalability, powerful analytics, user-friendly query and reporting features and an outstanding, easy-to-use Web interface. Top companies are using MicroStrategy to cost-effectively harness large, multi-terabyte databases; empower thousands of employees at all operational levels; and extend the benefits of business intelligence enterprise-wide and beyond to customers, partners and suppliers.
MicroStrategy has over 2,800 enterprise-class customers, including General Motors, Lowe’s Home Improvement Warehouse, Yahoo!, Visa International, Wells Fargo, Telecom Italia, AT&T Wireless Group and Aventis. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Sun, HP, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward-looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i and MicroStrategy Report Services software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy Report Services, MicroStrategy 7, MicroStrategy 7i, MicroStrategy 7i Universal Edition, MicroStrategy Office 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.
Source: MicroStrategy