Latest Business Intelligence News
World Directories Selects MicroStrategy as its Business Intelligence Platform for Group Level Sales Reporting and Analysis
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that World Directories has selected MicroStrategy as its business intelligence platform for headquarters sales reporting and analysis
McLean, VA., (November 28, 2006) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that World Directories has selected MicroStrategy as its business intelligence platform for headquarters sales reporting and analysis. World Directories is a leading international directories business in the classified advertising market, operating in Belgium, The Netherlands, Portugal, Ireland, Romania, South Africa, and Puerto Rico.
MicroStrategy will be deployed to provide World Directories’ international sales management with detailed analytical insight into performance of the company. World Directories will use MicroStrategy for reporting and analysis of sales data and other key performance indicators to help management make data-driven business decisions.
“World Directories operates in a complex and dynamic marketplace,” says Damien Wodak, Director of Strategy for World Directories. “Strong business analytics help us accurately monitor and optimize our offerings across our multi-media portfolio. Our print business, which includes the Yellow and White Pages, is a substantial part of our revenue and there are also significant complementary opportunities in new media, such as the Internet, for which we have targeted solutions and are developing new offerings to address the changing market dynamics. With MicroStrategy, we will be able to better understand the performance of our various directory businesses, products, and channels to market. Through the analysis of our sales results, MicroStrategy will help us identify changes in the market and the underlying trends.”
Wodak added, “We chose MicroStrategy after an intensive analysis and comparison with several other BI solutions. MicroStrategy was selected because of its user-friendliness for diverse types of users, integrated platform, technical capabilities, and attractive total cost of ownership model. They also demonstrated that they were committed to addressing our business challenges.”
“We are pleased that World Directories has selected the MicroStrategy Business Intelligence Platform to support its sales and business analysis requirements,” said Sanju Bansal, COO of MicroStrategy. “During the competitive Proof of Concept phase, we demonstrated that we can deliver sophisticated capabilities and actionable business intelligence rapidly, with a low total cost of ownership. By the end of this year, we expect the initial implementation of business applications to be complete, enabling World Directories to begin reaping the benefits and value from their investment. MicroStrategy’s speed of deployment, scalability, and performance are key criteria used by leading companies, such as World Directories, in selecting a BI partner.”
About World Directories
World Directories is a leading international directories business operating across seven countries in the classified advertising market. It creates value by providing an integrated portfolio of cost-effective and simple-to-use advertising that connects buyers quickly and efficiently with sellers. World Directories offers a range of complementary services, in print, on-line, telephone and mobile, to assist the consumer in making informed purchase decisions. Visit the company at www.wdgroup.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.
Source: MicroStrategy
GT Nexus Selects MicroStrategy to Provide Enhanced Reporting and Analytics for its Global Logistics Portal
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that GT Nexus has selected MicroStrategy to power the customer-facing analytics and reporting capabilities on its Global Logistics portal.
McLean, Va., (November 21, 2006) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that GT Nexus has selected MicroStrategy to power the customer-facing analytics and reporting capabilities on its Global Logistics portal. The GT Nexus portal is an on-demand technology platform that is used by importers, exporters, transportation carriers, suppliers, banks and other partners to manage goods that are moving around the world.
The GT Nexus system captures and stores hard-to-get data associated with global supply chains, and then fuels a range of Web applications that can be used by constituents to lower supply chain costs and improve control. MicroStrategy will help GT Nexus to deliver a wide range of analytics and reporting capabilities to its customers, which include Home Depot, Kmart, Xerox, Weyerhaeuser, and American Eagle Outfitters.
By embedding MicroStrategy’s business intelligence technology into its portal, GT Nexus enables customers to analyze their global supply chains and the performance of their partners. With this data, GT Nexus customers can identify weak spots in their supply chain and make analytically-based decisions that can reduce costs, improve operational efficiencies, and enhance business performance.
“Our customer base is very diverse and a one-size-fits-all approach to reporting and analytics does not work for us,” said Andy Stinnes, VP of Products and Corporate Strategy for GT Nexus. “By embedding MicroStrategy, we give our customers the ability to build their own unique reports and analytics. We conducted a thorough assessment of BI products and it was apparent, early on, that MicroStrategy’s technology was ahead of the game in many key areas. We were particularly impressed with MicroStrategy’s full-featured Web interface with drag-and-drop interactivity to meet the needs of our diverse user population. Scalability to handle volumes of data and an integrated architecture for a seamless user experience were two other important decision criteria for us.”
“MicroStrategy is pleased to support GT Nexus with enhanced reporting and analytics for their global logistics portal,” said Shankar Ganapathy, MicroStrategy’s Vice President of Channels. “Many companies have selected MicroStrategy for its user-friendly reporting features, scalability, and outstanding analytical capabilities. Our platform delivers comprehensive reports and analyses that can be critical tools for companies that are committed to improving operational efficiencies and enhancing productivity.”
About GT Nexus
GT Nexus runs the world’s only industry-backed, on-demand global logistics portal. Today, more than 40,000 registered users, from over 15,000 organizations use a range of capabilities on the portal to control and optimize the flow of goods and information from order to delivery, worldwide. GT Nexus also is backed by several leading ocean carriers who transact over the portal with thousands of their importer, exporter and 3PL customers. For more about GT Nexus, visit www.gtnexus.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
Quixtar Selects MicroStrategy for Enhanced Enterprise Reporting and Analysis
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Quixtar, a subsidiary of Alticor, Inc., has selected MicroStrategy for enhanced enterprise-wide reporting and analysis capabilities. Quixtar is a top retailer in the onli
McLean, Va., (November 15, 2006) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Quixtar, a subsidiary of Alticor, Inc., has selected MicroStrategy for enhanced enterprise-wide reporting and analysis capabilities. Quixtar is a top retailer in the online Health and Beauty category.
Quixtar developed an easy-to-use business intelligence application to support growing requests for data from business users across the organization. With MicroStrategy’s intuitive reporting features and flexible security models, Quixtar was able to meet the individual reporting and analysis requirements of its diverse user population. Quixtar’s BI application offers a customizable user experience, enabling managers to view executive summary reports, marketing personnel to analyze sales promotions and customer demographics, and financial analysts to analyze product sales and invoices. The flexible BI application has reduced demand for IT support and increased efficiencies in many areas of the company.
“MicroStrategy’s robust architecture and flexible platform enabled us to combine the right data level access with the right functionality to create a positive user experience,” said Mark Wetters, Senior Business Intelligence Analyst of Quixtar. “It was exciting to see the success of our employees as they are now empowered to report on and analyze the data they need to improve decision making and business performance.”
“Our retail customers continue to enjoy success with MicroStrategy-based applications,” said Sanju Bansal, MicroStrategy’s COO. “MicroStrategy’s integrated BI platform seamlessly delivers user-friendly reports, scorecards, and dashboards that are valuable tools for identifying key trends and making analytically-based business decisions. We are pleased to support Quixtar and their enterprise-wide business intelligence application.”
About Quixtar Inc.
Quixtar Inc., a subsidiary of Alticor Inc., is a business opportunity company that offers entrepreneurs the ability to have a web-based business of their own. Through Quixtar’s Independent Business Owner Compensation Plan, individuals are rewarded for product sales resulting from their business-building efforts.
Since 1999, Independent Business Owners (IBOs) powered by Quixtar have generated $5.3 billion in sales at www.quixtar.com plus more than $396 million for Partner Stores, earning more than $1.72 billion in bonuses and other incentives. Their efforts have propelled Quixtar to be named the number one online retailer in the Health & Beauty category based on sales, and 20th among all e-commerce sites, according to Internet Retailer’s “Top 500 Guide.”
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
866-OUR-VOTE – Hotline Allows Voters Nationwide to Report Problems and Receive Help; Angel.com Technology in Use to Ensure Fairness on Election Day
The Only National Voter Protection Line Staffed by Live Agents Relies on Angel.com Virtual Call Center to Manage and Track Thousands of Election Related Calls
McLean, Va. (November 06, 2006) –
Angel.com, a leading provider of on-demand call center and Interactive Voice Response (IVR) solutions and a division of MicroStrategy® Incorporated (NASDAQ: MSTR), today announced that its technology helps power 866-OUR-VOTE – a toll-free hotline for citizens to report problems and receive help on Election Day. The hotline is an effort by Election Protection, a coalition of non-partisan organizations led by the Lawyers’ Committee for Civil Rights Under Law, the NAACP and the People For the American Way Foundation. The group anticipates tens of thousands of calls leading up to and on Nov. 7th, and will have approximately 500 trained volunteers providing information and support as needed.
The hotline is the only national voter protection line that provides live agents and state and local-specific information to callers. The staff can also mobilize legal efforts to investigate problems or irregularities, and work with local election officials to solve these problems. Angel.com’s Virtual Call Center allowed the organization to dramatically modernize and improve the hotline after the 2004 election, when the organization fielded upwards of 200,000 calls.
“The Angel.com Virtual Call Center platform brings voter protection to the 21st century by providing the flexibility and responsiveness we need to address the real problems experienced by American voters,” said Barbara Arnwine, Executive Director of the Lawyers Committee. “Before, we had to make decisions about call routing weeks in advance and had no flexibility on the back-end.”
Angel.com’s Virtual Call Center allows the organization to rapidly respond to voter needs and route calls to available volunteers regardless of location. For example, a call center in an area of the country with light traffic can support those with higher volume as trends emerge on Election Day. The system also allows the organization to analyze data, such as caller location and percentage of requests for Spanish translation.
“Angel.com is very proud to provide a technology platform that allows for individual customization, especially for a critically important issue such as voter protection,” said Angel.com CEO Michael Zirngibl. “We are constantly impressed by the power and effectiveness of elegant applications built on the phone.”
About Angel.com
Angel.com is a leading provider of on-demand call center and Interactive Voice Response (IVR) solutions which enable organizations of all sizes to quickly deploy powerful telephony applications. More than 1,600 customers turn to Angel.com’s proprietary Voice Site technology to power customer service and marketing phone numbers using intelligent speech recognition that can automate most phone-based interactions. With an innovative Internet-based solution that requires no investment in hardware, software or human resources, Angel.com balances the need for high quality communications with affordable pay-as-you-go pricing. To learn more about Angel.com, visit http://www.angel.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 http://www.microstrategy.com.
MicroStrategy, Angel.com 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.
Greg Abel
Abel Communications
(410) 466-2044
greg@abelcommunications.net
Source: MicroStrategy
MicroStrategy Technology Day to Spotlight Business Intelligence Solutions and Best Practices
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that it will launch a new one-day program, MicroStrategy Technology Day.
McLean, Va., (November 02, 2006) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that it will launch a new one-day program, MicroStrategy Technology Day. The inaugural event will be held in Washington, D.C., November 15, 2006, at the Willard InterContinental Hotel. The event will provide attendees with the opportunity to interact with business intelligence experts and hear how successful organizations use business intelligence software to improve decision making and enhance business performance.
MicroStrategy Technology Day will offer a content-rich agenda with informative technical sessions and customer success strategies. The technology track will feature presentations on reporting, analysis, and monitoring solutions, with insights into creating interactive scorecards, intuitive dashboards, and enterprise reports. The customer track will include case studies from successful MicroStrategy customers, sharing lessons learned in deploying business intelligence applications in their organizations. Some of the companies scheduled to present at MicroStrategy Technology Day in Washington, D.C. include Citigroup, Transportation Security Administration, and AARP.
“We are delighted to launch the first MicroStrategy Technology Day in Washington, D.C., and we look forward to hosting additional Technology Day events in cities around the globe,” said Sanju Bansal, MicroStrategy COO. “MicroStrategy Technology Day will offer participants a wealth of resources and practical tools to enhance their organization’s business intelligence initiatives.”
To learn more about MicroStrategy Technology Day, visit www.microstrategy.com/DCTechDay.
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 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
MicroStrategy Announces Updated Third Quarter 2006 Financial Results
MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced updated financial results for the three and nine-month periods ended September 30, 2006.
MCLEAN, Va., (November 01, 2006) –
MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced updated financial results for the three and nine-month periods ended September 30, 2006.
On October 26, 2006, MicroStrategy issued a press release announcing financial results for the three months ended September 30, 2006, the third quarter of the company’s 2006 fiscal year. Due to a clerical error, the number of diluted weighted average shares outstanding for the three months ended September 30, 2006 reported in the release was overstated, which had the effect of understating diluted earnings per share. The number of diluted weighted average shares outstanding for the three months ended September 30, 2006 was previously reported as 13,517,365 and has now been updated and reduced to 13,325,353.
In addition, after the issuance of the October 26th press release, the company became aware of a decision by a commercial court in Spain requiring the company’s subsidiary in Spain to pay approximately $1.1 million, plus interest and certain costs of the proceeding, in connection with a commercial dispute. MicroStrategy intends to appeal the ruling. Until final adjudication of the matter on appeal, MicroStrategy does not expect to make any cash payments specified in the decision or post a bond or other security. As a result of the court’s decision, the company has recorded an additional liability of $1.1 million for its third quarter, resulting in a change to operating income and net income for the third quarter of $1.1 million and $0.9 million, respectively.
As a result of the foregoing, the company’s financial results as of September 30, 2006 and for the three and nine months ended September 30, 2006 have been updated, and selected items from the updated financial results are presented below.
Summary of Updates:
(in thousands, except per share data)
Three Months Ended Nine Months Ended
September 30, 2006 September 30, 2006
As As
Previously Previously
Updated Reported Updated Reported
Income from Operations $23,157 $24,215 $67,831 $68,889
Net Income $16,972 $17,873 $48,523 $49,424
Basic earnings per share $1.34 $1.41 $3.70 $3.77
Diluted earnings per share $1.27 $1.32 $3.52 $3.57
Basic weighted average share count 12,707 12,707 13,097 13,097
Diluted weighted average shares
outstanding 13,325 13,517 13,766 13,830
About MicroStrategy Incorporated
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 http://www.microstrategy.com.
MicroStrategy and MicroStrategy 8 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.
This press release may include statements that may constitute “forward- looking statements,” including 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 8 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.
Contact:
MicroStrategy Incorporated
Investor Relations
ir@microstrategy.com
(703) 848-8600
SOURCE MicroStrategy Incorporated
Source: MicroStrategy
MicroStrategy Announces Third Quarter 2006 Financial Results
Net Income Increases 35% and Third Quarter Revenue Up 18%, Year-Over-Year
MCLEAN, Va., (October 26, 2006) –
MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced financial results for the three-month period ended September 30, 2006 (the third quarter of its 2006 fiscal year).
Third quarter 2006 revenue was $77.7 million compared to $65.8 million for the third quarter of 2005, an 18% increase. This marked the fifteenth consecutive quarter of year-over-year revenue growth. Product support and other services revenue for the third quarter of 2006 was $53.2 million versus $43.2 million for the third quarter of 2005, a 23% increase. Product licenses revenue for the third quarter of 2006 was $24.5 million versus $22.6 million for the third quarter of 2005, an 8% increase. Operating expenses for the third quarter of 2006 were $41.7 million versus $33.7 million for the third quarter of 2005, a 24% increase, and include approximately $264,000 in stock option compensation expense. The increase in third quarter operating expenses reflects an increase in worldwide employee headcount relating to the continued expansion of our worldwide sales and services organization and administrative and IT support functions. Third quarter 2006 income from operations increased by 6% to $24.2 million, or 31% of revenue, versus $22.9 million, or 35% of revenue, for the third quarter of 2005. Net income for the third quarter of 2006 increased by 35% to $17.9 million, or $1.32 per share on a diluted basis compared to $13.3 million, or $0.91 per share on a diluted basis for the third quarter of 2005.
During the third quarter of 2006, MicroStrategy repurchased 215,440 shares of its class A common stock for $19.2 million at an average price per share of $88.89, including broker commissions. As of September 30, 2006, MicroStrategy had 9,375,729 shares of class A common stock and 3,227,573 shares of class B common stock outstanding.
“We are pleased with the continued balance achieved by our business during the third quarter, as we generated solid revenue growth and an operating income margin in excess of 30% while also expanding our global business capacity,” said Arthur S. Locke, III, MicroStrategy’s Vice President, Finance & Chief Financial Officer. “Since the third quarter of 2005, we have increased our worldwide headcount by over 250 employees, adding new leadership to our global team and increasing our capacity to drive new business, maintain strong relationships with our customers, and strengthen our corporate infrastructure.”
New Customers and New Deals with Existing Customers in Q3 2006 included:
21st Century Insurance, Agriliance, Alticor, Bank of Montreal, Boscov’s Department Stores, Cingular Wireless, Department of Housing and Urban Development, The Estee Lauder Companies, Inc., Focus Technology Group, Giorgio Armani Corporation, Groupe TVA, H&R Block, Micro Electronics, Inc., New Plan Excel, Pacific Sunwear, Paradigm Solutions, Inc., Payless ShoeSource Worldwide, Inc., Porsche Cars North America, Inc., Redwood Trust, RGA Reinsurance Company, Shoppers Drug Mart, Transportation Security Administration, UNISYS Corporation, US Borax, Inc., Wilbur-Ellis Company, Wilton Industries, Inc., XM Satellite Radio Inc.
Examples of Customer Deals from Q3 2006:
Boscov’s Department Stores
Boscov’s, a leading full service department store, selected MicroStrategy to anchor a loss prevention and fraud detection BI application. With MicroStrategy, Boscov’s employees can analyze point-of-sale data and look for anomalies, which help to uncover fraudulent activity and, ultimately, increase margins and reduce expenses. Boscov’s chose MicroStrategy for its scalability to support a growing user base and increasing data sizes, as the company plans to expand its BI applications to support other areas of the business. Boscov’s Department Stores operates 50 department stores that anchor malls mainly in Pennsylvania, as well as in Delaware, Maryland, New Jersey, New York, and Virginia.
Porsche Cars North America, Inc.
Porsche Cars North America, Inc. (PCNA), based in Atlanta, GA, and its subsidiary, Porsche Cars Canada, Ltd., are the exclusive importers of Porsche sports cars and Cayenne sport utility vehicles for the United States and Canada, Ltd, and is a wholly owned, indirect subsidiary of Dr. Ing. h.c. F. Porsche AG. PCNA uses MicroStrategy to help report, analyze, and monitor sales and marketing information. PCNA uses this information to be as responsive as possible to its customers, increase dealership productivity, and support the company’s business objectives. PCNA selected the MicroStrategy Business Intelligence Platform for its ease-of-use, advanced analytical capabilities, and scalability.
Redwood Trust
Based in Mill Valley, California, Redwood Trust invests in, credit- enhances, and securitizes residential and commercial real estate loans and securities. As a new MicroStrategy customer, Redwood Trust plans to use MicroStrategy as its enterprise business intelligence standard for reporting and analysis. With MicroStrategy, Redwood Trust personnel will be able to analyze business performance across the enterprise and track its assets with “at-a-glance” dashboards, as well as drill down to examine how each asset impacts the company. MicroStrategy was selected for its data scalability and advanced reporting and analytical capabilities.
MicroStrategy Events:
In September, MicroStrategy held its first Latin American Symposium in Sao Paulo, Brazil. The two-day event featured presentations from MicroStrategy customers sharing their insights on how they developed their business intelligence strategies, deployed multiple projects across their enterprises, and achieved returns on their BI investments. Customer speakers from Brazil and Argentina at the Sao Paulo event included General Motors Brazil, Chevron Brazil, Redecard, Banco Central do Brasil, HSBC/BNL Argentina, Metrovias, and Banco Patagonia.
MicroStrategy hosted its Fall Symposium in Chicago, Illinois, on October 10-11, 2006. The Symposium offered informative technical sessions on BI application performance, networking opportunities, and industry best practice presentations from MicroStrategy customers. Customer speakers at the Chicago event included Hallmark Cards, known throughout the world for its greeting cards; Things Remembered, the nation’s largest personalized gift chain; Rite- Hite Corporation, a worldwide leader in the development, manufacture, and sale of loading dock safety systems and industrial door solutions; and Quixtar, a top retailer in the online health and beauty category.
MicroStrategy also held a Symposium in Rome, Italy, on October 17-18, 2006. The Rome Symposium featured technical sessions on BI application performance and real-world case studies on how companies use MicroStrategy to improve operational efficiencies, increase revenues, and enhance business performance. Customer speakers at the Rome event included Banca Nazionale del Lavoro, Consip, Gruppo PAM, Gucci, Holding dei Giochi, Milan City Council, Poste Italiane, Rai, Trenitalia, and Wyeth.
In November, MicroStrategy will launch a new one-day event, MicroStrategy Technology Day. The inaugural event will be held on November 15, 2006 in Washington D.C. at the Willard InterContinental Washington Hotel. MicroStrategy Technology Day will offer a variety of technical and business sessions, featuring customer BI deployment strategies and solutions. During 2007, MicroStrategy expects to schedule Technology Day events in multiple locations around the globe.
MicroStrategy is now planning its largest event for next year, MicroStrategy World 2007, which will be held on January 22-25, 2007 at the Wynn Las Vegas.
MicroStrategy Customer Recognition:
The MicroStrategy Honors Award is presented to companies that demonstrate best practices and outstanding corporate performance improvements as a result of their MicroStrategy-based BI applications. This award was presented at the MicroStrategy Symposium in Sao Paulo, Brazil and at the MicroStrategy Symposium in Rome. The MicroStrategy Brazil Honors Award winners for 2006 were Assai Atacadista, Banco Itau Holding Financeira, and Serpro. The MicroStrategy Italy Honors Award winners for 2006 were Ragioneria Generale dello Stato, Trenitalia, and Vodafone Italia.
About MicroStrategy Incorporated
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 http://www.microstrategy.com.
MicroStrategy, MicroStrategy Report Services, MicroStrategy 8, Pixel Perfect, and 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.
This press release may include statements that may constitute “forward- looking statements,” including 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 8 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.
Contact:
MicroStrategy Incorporated
Investor Relations
ir@microstrategy.com
(703) 848-8600
MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
Three Months Ended Nine Months Ended
September 30, September 30,
2006 2005 2006 2005
(unaudited) (unaudited)
Revenues
Product licenses $24,494 $22,608 $70,738 $68,674
Product support and other services 53,171 43,202 150,531 122,559
Total revenues 77,665 65,810 221,269 191,233
Cost of Revenues
Product licenses 826 867 2,122 3,062
Product support and other services 10,883 8,412 29,752 24,007
Total cost of revenues 11,709 9,279 31,874 27,069
Gross profit 65,956 56,531 189,395 164,164
Operating Expenses
Sales and marketing 21,518 16,652 61,800 50,419
Research and development 8,794 7,820 25,776 23,099
General and administrative 11,411 9,179 32,877 26,304
Amortization of intangible assets 18 18 53 54
Total operating expenses 41,741 33,669 120,506 99,876
Income from operations 24,215 22,862 68,889 64,288
Financing and Other Income
Interest income, net 583 475 2,062 2,036
Gain (loss) on investments 14 4 14 (127)
Other (expense) income, net (210) 248 (877) 1,663
Total financing and other income 387 727 1,199 3,572
Income before income taxes 24,602 23,589 70,088 67,860
Provision for income taxes 6,729 10,336 20,664 21,967
Net income $17,873 $13,253 $49,424 $45,893
Basic earnings per share $1.41 $0.96 $3.77 $3.05
Diluted earnings per share $1.32 $0.91 $3.57 $2.91
Basic weighted average shares
outstanding 12,707 13,868 13,097 15,071
Diluted weighted average shares
outstanding 13,517 14,537 13,830 15,748
MICROSTRATEGY INCORPORATED
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)
September 30, December 31,
2006 2005
Assets (unaudited) (audited)
Current assets
Cash and cash equivalents $47,828 $42,318
Restricted cash and investments 3,833 5,076
Short-term investments 15 53,761
Accounts receivable, net 41,701 43,052
Prepaid expenses and other current
assets 7,845 6,209
Deferred tax assets, net 28,511 22,971
Total current assets 129,733 173,387
Property and equipment, net 10,600 12,031
Capitalized software development
costs, net 2,077 3,669
Deposits and other assets 2,462 2,293
Deferred tax assets, net 65,180 86,393
Total assets $210,052 $277,773
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable and accrued
expenses $18,883 $19,550
Accrued compensation and employee
benefits 25,474 27,258
Deferred revenue and advance
payments 57,139 45,874
Total current liabilities 101,496 92,682
Deferred revenue and advance payments 1,357 1,554
Other long-term liabilities 2,015 2,815
Total liabilities 104,868 97,051
Stockholders’ Equity:
Preferred stock undesignated; $0.001
par value; 5,000 shares authorized;
no shares issued or outstanding – –
Class A common stock; $0.001 par
value; 330,000 shares authorized;
13,430 shares issued and 9,376
shares outstanding, and 13,270
shares issued and 10,595 shares
outstanding at September 30, 2006
and December 31, 2005, respectively 13 13
Class B common stock; $0.001 par
value; 165,000 shares authorized;
3,228 and 3,258 shares issued and
outstanding, at September 30, 2006
and December 31, 2005, respectively 3 3
Additional paid-in capital 434,681 428,062
Treasury stock, at cost; 4,054 and
2,675 shares at September 30, 2006
and December 31, 2005, respectively (268,776) (136,817)
Accumulated other comprehensive
income 2,074 2,318
Accumulated deficit (62,811) (112,857)
Total stockholders’ equity 105,184 180,722
Total liabilities and stockholders’
equity $210,052 $277,773
MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
Nine months ended
September 30,
2006 2005
(unaudited) (unaudited)
Operating activities:
Net income $49,424 $45,893
Adjustments to reconcile net income
to net cash provided by operating
activities:
Depreciation and amortization 5,755 6,405
Bad debt provision 696 425
Deferred taxes 17,604 14,539
Stock-based compensation 1,086 –
Excess tax benefits from stock-
based payment arrangements (2,208) –
Other, net 144 (345)
Changes in operating assets and
liabilities:
Accounts receivable 1,876 10,665
Prepaid expenses and other
current assets (1,401) 213
Deposits and other assets (142) 449
Accounts payable and accrued
expenses, compensation
and employee benefits (4,052) (8,059)
Deferred revenue and advance
payments 9,504 3,361
Other long-term liabilities (482) (1,088)
Net cash provided by
operating activities 77,804 72,458
Investing activities:
Proceeds from maturities of short-
term investments 112,666 116,110
Purchases of short-term investments (58,900) (87,143)
Purchases of property and
equipment, net (2,671) (1,284)
Capitalized software development
costs – (926)
Decrease (increase) in restricted
cash and investments 1,308 (3,779)
Net cash provided by
investing activities 52,403 22,978
Financing activities:
Proceeds from sale of class A
common stock under employee
stock purchase plan and exercise
of employee stock options 2,919 7,158
Excess tax benefits from stock-
based payment arrangements 2,208 –
Purchases of treasury stock (131,959) (127,562)
Net cash used in financing
activities (126,832) (120,404)
Effect of foreign exchange
rate changes on cash and
cash equivalents 2,135 (3,732)
Net increase (decrease) in cash and
cash equivalents 5,510 (28,700)
Cash and cash equivalents, beginning
of period 42,318 68,314
Cash and cash equivalents, end of
period $47,828 $39,614
SOURCE MicroStrategy Incorporated
CONTACT: MicroStrategy Incorporated, Investor Relations,
+1-703-848-8600, or ir@microstrategy.com
Source: MicroStrategy
MicroStrategy Italy Honors Three Companies for Their Business Intelligence Achievements
Ragioneria Generale dello Stato, Trenitalia, and Vodafone Italia Recognized at the MicroStrategy Symposium in Rome
McLean, Va., (October 18, 2006) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence (BI) software, today recognized three companies for demonstrating best practices in their business intelligence deployments. The MicroStrategy Honors Award recognizes organizations for outstanding corporate performance improvements as a result of their MicroStrategy-based BI applications. The MicroStrategy Italy Honors Award winners for 2006 are Ragioneria Generale dello Stato, Trenitalia, and Vodafone Italia. The awards were announced today at the MicroStrategy Symposium in Rome, Italy.
Each of the companies selected for the MicroStrategy Italy Honors Award has demonstrated an innovative approach to delivering business intelligence throughout their organization to significantly enhance corporate performance. “We are delighted to recognize these leading organizations for demonstrating best practices in their MicroStrategy business intelligence deployments,” said MicroStrategy COO Sanju Bansal. “We applaud them for their exceptional use of business intelligence to improve business performance, streamline efficiency and productivity, increase revenues, and enhance customer relationships.”
The following is a brief description of the MicroStrategy Italy Honors Award recipients and their BI applications:
Ragioneria Generale dello Stato: The Italian Treasury Department monitors and controls government expenses with PointRGS, a highly customized Web-based dashboard anchored by MicroStrategy technology that was developed by Consip on behalf of the Ragioneria Generale dello Stato, Italy’s State General Accounting Department of the Ministry of Finance. The Ragioneria relies on PointRGS to monitor general economic trends across Italy’s economy, as well as uncover anomalies or poorly performing trends, to make decisions that impact the national political economy and meet the thresholds imposed by the European Union. With the technology, Treasury department analysts are able to more accurately forecast the domestic debt, calculate the Gross Domestic Product, and reconcile the national budget and public expenditures.
Trenitalia: Trenitalia, the primary operator of trains within Italy, is the transport company of Gruppo Ferrovie dello Stato. Trenitalia employees are using the MicroStrategy platform to compare sales information against a variety of indices, such as kilometers traveled, routes, client categories, transportation categories, marketing campaigns, payment methods, and times of purchase. Furthermore, Trenitalia selected MicroStrategy to standardize many BI projects on a single enterprise Business Intelligence platform to dramatically reduce costs, improve responsiveness, and optimize corporate performance.
Vodafone: Vodafone Italia is part of the Vodafone Group, the world leader in the mobile telecommunications sector, operating in 27 countries, with Network partnerships in another 33 countries. Vodafone Italia was Italy’s first private mobile telephony operator. Since it was established in 1995, it has been known for its innovative approach to services and communications. MicroStrategy was selected by Vodafone to support the Sales and Marketing organization in analyzing marketing campaigns and evaluating customer satisfaction. MicroStrategy is also used in the Customer Operation area, enabling managers and administrators to analyze the management and performance of call centers located across Italy.
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.
Source: MicroStrategy
Mollen Immunization Clinics of North America Deploys Angel.com On-Demand IVR Solution via Salesforce.com’s AppExchange to Improve Efficiency of Flu Vaccination Programs
SurveyByFone by Angel.com Enables Mollen Field Personnel to Track and Transfer Data to Their Salesforce.com account
SAN FRANCISCO (October 09, 2006) –
Angel.com, a leading provider of on-demand call center and Interactive Voice Response (IVR) solutions and a division of MicroStrategy® Inc. (NASDAQ: MSTR), and salesforce.com (NYSE:CRM), the market and technology leader in on-demand business services, announced today at Dreamforce ’06 that Mollen Immunization has deployed SurveyByFone by Angel.com via the salesforce.com AppExchange.
Mollen conducts annual campaigns to ensure that all Americans, even those of limited means, are immunized against influenza, pneumococcal and tetanus viruses. To reach as many Americans as possible, Mollen employs nurses to provide vaccinations on site at pharmacies, grocery stores, offices, and community centers throughout the United States – and with Angel.com’s SurveyByFone application, this process recently became easier and more cost-effective.
With Angel.com’s SurveyByFone application, Mollen’s offsite nurses can check in and out of work without needing to be near a computer. And since each nurse is required to take a phone-based daily status survey, Mollen is also able to monitor drug inventory levels and ensure that supply meets demand.
“Managing a large, remote staff and a widespread inventory of drugs is very challenging,” said John Roehm, CEO of Mollen Clinics. “SurveyByFone by Angel.com is an ideal solution for Mollen because it provides all the benefits of an internet application without the need to find or use a computer; and its availability via AppExchange allowed for rapid and seamless deployment.”
“Angel.com takes pride in providing IVR solutions that can help businesses operate more efficiently and effectively, and the Mollen SurveyByFone application is a perfect example,” said Mike Zirngibl, CEO of Angel.com. “Based on feedback from salesforce.com customers like Mollen, phone-enabling critical functionality within salesforce.com accounts is a very attractive feature.”
“Salesforce.com and Angel.com share a commitment to providing software as a service to minimize cost and confusion, freeing our customers to focus on their core business,” said Matt Holleran, vice president, AppExchange partners, salesforce.com. “The new SurveyByFone application for Mollen Clinics is a great example of this philosophy in action.”
SurveyByFone is one of more than 375 applications now available on the salesforce.com AppExchange, the world’s first on-demand directory and sharing service, found at http://www.salesforce.com/appexchange.
About Angel.com
Angel.com is a leading provider of on-demand call center and Interactive Voice Response (IVR) solutions, which enable organizations of all sizes to quickly deploy powerful telephony applications. More than 1,600 customers turn to Angel.com’s proprietary Voice Site technology to power customer service and marketing phone numbers using intelligent speech recognition that can automate most phone-based interactions. With an innovative Internet-based solution that requires no investment in hardware, software, or human resources, Angel.com balances the need for high quality communications with affordable pay-as-you-go pricing. To learn more about Angel.com, visit http://www.angel.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 http://www.microstrategy.com.
About salesforce.com
Salesforce.com is the market and technology leader in on-demand business services. The company’s Salesforce suite of on-demand applications enables customers to manage and share all of their sales, support, marketing and partner information on-demand. Apex, salesforce.com’s on-demand platform and programming language, enables customers, developers and partners to build powerful new on-demand applications, and for the first time, to write and run their own code hosted with the security, reliability, upgradeability and ease-of-use of salesforce.com’s industry-leading multi-tenant service. Customers can also take advantage of Successforce, salesforce.com’s world-class training, support, consulting and best practices offerings.
As of July 31, 2006, salesforce.com manages customer information for approximately 24,800 customers and approximately 501,000 paying subscribers including Advanced Micro Devices (AMD), America Online (AOL), Avis/Budget Rent A Car (Cendant Rental Car Group), Dow Jones Newswires, Nokia, Polycom and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol “CRM”. For more information please visit http://www.salesforce.com, or call 1-800-NO-SOFTWARE.
Salesforce.com is a registered trademark of, and Apex, AppExchange and Successforce are trademarks of, salesforce.com, Inc., San Francisco, California. Other names used may be trademarks of their respective owners.
MicroStrategy, Angel.com 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
New IVR Solutions LeadByFone and RecordByFone by Angel.com Now Available on Salesforce.com’s AppExchange
New Solutions Allow Salesforce.com Users to Phone-Enable Critical Lead Generation and Prospecting Functions within Their Salesforce Implementations
SAN FRANCISCO (October 09, 2006) –
Angel.com, a leading provider of on-demand call center and Interactive Voice Response (IVR) solutions and a division of MicroStrategy® Inc. (NASDAQ: MSTR), and salesforce.com (NYSE:CRM), the market and technology leader in on-demand business services, announced the expansion of Angel.com’s suite of SalesforceByFone applications today at Dreamforce ’06, the salesforce.com User and Developer Conference.
LeadByFone and RecordByFone by Angel.com are on-demand, speech-enabled Interactive Voice Response (IVR) solutions that make capturing and analyzing client or prospect data more accurate, more efficient and more cost-effective. Built on the AppExchange on-demand platform, LeadByFone and RecordByFone are immediately available for test drive and deployment at http://www.salesforce.com/appexchange.
While capturing data via live operator or transcription may cost more than $2.00 per call and can be time-consuming and error-prone, LeadByFone automatically captures caller information during the call, providing accurate and actionable data at a fraction of the cost of live operator or transcription data capture. Ideal for handling traffic spikes generated from promotions, LeadByFone eliminates busy signals, long waits in queues or off-hours inaccessibility.
RecordByFone provides immediate access to recordings of calls following their completion, with detailed reporting of all data captured. All recordings are stored and hosted at Angel.com, with access to the recordings as simple as a click to a sound file URL. Companies use RecordByFone for a variety of purposes, including tracking, quality monitoring, performance measurement and training.
Both applications are deployed with the award-winning, Web-based Site Builder toolkit, so no investment in hardware or software is required and deployments and customizations can occur in minutes right from a Salesforce account.
“With LeadByFone and RecordByFone, Angel.com is bringing two new and innovative on-demand IVR solutions to the salesforce.com user community,” said Angel.com CEO Mike Zirngibl. “Like salesforce.com, Angel.com believes in the on-demand model. LeadByFone and RecordByFone allow salesforce.com customers to create cost-effective IVR solutions that can improve customer service, lead generation, and follow up.”
“Angel.com is a valued member of salesforce.com’s AppExchange partner community and we welcome the company’s innovation and introduction of new IVR applications,” said Matt Holleran, vice president, AppExchange partners, salesforce.com. “Angel.com’s SupportFone and SurveyByFone bring exciting new capabilities to AppExchange and we look forward to offering LeadByFone and RecordByFone.”
Other Angel.com SalesforceByFone applications include SupportByFone, which allows the phone management of salesforce.com’s Service and Support offering, and SurveyByFone, a phone survey application that integrates with Salesforce accounts. Information about all Angel.com SalesforceByFone products can be found at http://www.angel.com/partners/salesforce.jsp.
LeadByFone and RecordByFone by Angel.com are two of the more than 375 applications now available on the salesforce.com AppExchange, the world’s first on-demand directory and sharing service, found at http://www.salesforce.com/appexchange.
Apex is salesforce.com’s breakthrough new on-demand platform and programming language that is redefining what a multi-tenant on-demand application can be. Apex enables customers, developers and partners to build powerful new on-demand applications that go far beyond CRM, and for the first time, to write and run their own code hosted with the security, reliability, upgradeability and ease-of-use of salesforce.com’s industry-leading multi-tenant service. Customers can use Apex to modify the core features and functionality of their Salesforce deployments for their unique business needs and quickly and easily integrate new applications and components from partners and developers. Without any infrastructure investment, developers can now build and run a virtually unlimited array of applications with unprecedented power to innovate with the same creative freedom as salesforce.com’s own developers.
About Angel.com
Angel.com is a leading provider of on-demand call center and Interactive Voice Response (IVR) solutions, which enable organizations of all sizes to quickly deploy powerful telephony applications. More than 1,600 customers turn to Angel.com’s patented Voice Site technology to power customer service and marketing phone numbers using intelligent speech recognition that can automate most phone-based interactions. With an innovative Internet-based solution that requires no investment in hardware, software, or human resources, Angel.com balances the need for high quality communications with affordable pay-as-you-go pricing. To learn more about Angel.com, visit http://www.angel.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 http://www.microstrategy.com
About salesforce.com
Salesforce.com is the market and technology leader in on-demand business services. The company’s Salesforce suite of on-demand applications enables customers to manage and share all of their sales, support, marketing and partner information on-demand. Apex, salesforce.com’s on-demand platform and programming language, enables customers, developers and partners to build powerful new on-demand applications, and for the first time, to write and run their own code hosted with the security, reliability, upgradeability and ease-of-use of salesforce.com’s industry-leading multi-tenant service. Customers can also take advantage of Successforce, salesforce.com’s world-class training, support, consulting and best practices offerings.
As of July 31, 2006, salesforce.com manages customer information for approximately 24,800 customers and approximately 501,000 paying subscribers including Advanced Micro Devices (AMD), America Online (AOL), Avis/Budget Rent A Car (Cendant Rental Car Group), Dow Jones Newswires, Nokia, Polycom and SunTrust Banks. Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol “CRM”. For more information please visit http://www.salesforce.com, or call 1-800-NO-SOFTWARE. Salesforce.com is a registered trademark of, and Apex, AppExchange and Successforce are trademarks of, salesforce.com, Inc., San Francisco, California. Other names used may be trademarks of their respective owners.
MicroStrategy, Angel.com, Site Builder 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