Government Organizations Will Gain From MicroStrategy’s New Business Intelligence Platform, 7i
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that government organizations can significantly benefit from the companyâ??s new business intelligence platform, MicroStrategy 7i, as it can help organizations analyze operati
McLEAN, Va., (May 16, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that government organizations can significantly benefit from the company’s new business intelligence platform, MicroStrategy 7i, as it can help organizations analyze operations, streamline procurement and supply chain processes, cut costs and improve efficiency. The company said that MicroStrategy 7i is designed to help government agencies leverage technology to provide necessary, timely information to their constituencies and effectively handle changing legislative mandates or user requirements.
“MicroStrategy 7i will help the State of Tennessee better manage financial information leading to efficiencies that save both time and money,” said Sherrie Benn, Data Warehouse Consultant at the State of Tennessee. “The easy-to-use interface enables State employees to quickly access state financial data and answer questions that standard financial reports have never provided.” According to the company, MicroStrategy 7i features such as Windows-like functionality over the Web and pure-HTML interfaces, make it easy for government agencies to deploy secure extranet applications, facilitating the flow of information among agencies and their information consumers.
“MicroStrategy 7i security features are comprehensive across users, applications, data, and reports,” added Benn. “MicroStrategy 7i securely delivers insight to the right person in the right agency.”
The fact that the 7i platform is compliant with Section 508 of the Rehabilitation Act of 1973 is another critical benefit to government organizations, MicroStrategy said. Section 508 is a law that requires all government agencies to have made their information systems, application software and electronic information technology accessible to users with disabilities. With MicroStrategy 7i, agencies can easily integrate analytics into existing systems or build new applications without worrying about being out of compliance with Section 508.
MicroStrategy’s current government customers include: Army and Air Force Exchange Service, Centers for Medicare & Medicaid Services, Commonwealth of Kentucky, Drug Enforcement Agency, Federal Election Commission, Ohio Department of Education, State of Tennessee, U.S. Air Force, U.S. Census Bureau, U.S. Department of Housing and Urban Development, U.S. Department of Education, U.S. Postal Service and Workers Compensation Board of British Columbia.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user- friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Compaq, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please 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 Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; 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 7, MicroStrategy 7i 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.
Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com
Source: MicroStrategy