Latest Business Intelligence News

Over 30 New Enterprise-Class Customers Choose Angel.com for IVR Solutions in 2005

May 23, 2005 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Angel.com, a leading provider of web-based, advanced telephony solutions and a division of MicroStrategyÂ® Incorporated (NASDAQ: MSTR), announced today that it has attracted 35 new enterprise-class customers in the first four months of 2005, from diverse industries including retail, healthcare, non-

McLean, Va. (May 23, 2005) –

Angel.com, a leading provider of web-based, advanced telephony solutions and a division of MicroStrategy® Incorporated (NASDAQ: MSTR), announced today that it has attracted 35 new enterprise-class customers in the first four months of 2005, from diverse industries including retail, healthcare, non-profit, and professional services. New customers include 1-800-LAWYERS, a nationwide legal service; California Family Fitness, a chain of California health centers; and First Guaranty Mortgage Corporation, a full-service lender, among many others.

These companies have joined more than 1,400 businesses that are utilizing Angel.com’s powerful, Internet-based solution that requires no investment in hardware, software, or human resources. Angel.com’s innovative speech technology allows companies to build Voice Sites, which are toll-free numbers that replicate website functionality or other tasks which can be automated over the phone.

Examples of new customers and applications include the following:

1-800-LAWYERS – 1-800-LAWYERS turned to Angel.com to help the company manage a toll-free phone system matching potential clients with lawyers in their area.

First Guaranty Mortgage Corporation – A nationwide, full-service lender, FGMC turned to Angel.com in order to provide a new payment option for its clients. The company now offers a 24-hour phone line and an Angel.com-powered IVR interface that allows homeowners to make mortgage payments safely and securely at any time. In addition, the Angel.com application helps FGMC save money by limiting the need for live customer service agents.

California Family Fitness – This regional network of fitness centers based near Sacramento chose Angel.com to create a new phone number, 1-877-JOIN-CFF, that helps callers find the nearest California Family Fitness center based on zip code.

Industrial Cleaning Management – ICM is a business services management company that provides floor care, janitorial and other maintenance services to major retail and other large commercial multi-location customers through its network of independent service providers. ICM’s new Angel.com application allows service providers to call a toll-free number to enter information that allows ICM to track performance for its operations personnel, as well as for its customers through its proprietary web-based reporting system.

Open Integrity – Open Integrity provides third-party quality monitoring and service analytics for companies in the telecommunications, technology, healthcare, and financial services industries. Based in Charlotte, N.C., the company leverages Angel.com technology to create interactive customer service surveys for its clients. For a managed care organization, for example, Open Integrity created an Angel.com-powered survey that allows approximately 25,000 subscribers to provide customer satisfaction feedback.

Angel.com customers continue to praise the company for the ease of use and effectiveness of its applications.

“Angel.com has provided us with a user friendly toll-free system that has increased our number of phone calls considerably,” said Marc Nerius, Director of Marketing for California Family Fitness. “We have been consistently impressed as Angel.com has proven that they have the skills and the patience to listen to us when we need to implement changes on our system.”

“To better serve our customers, it was necessary to ensure that their options were not limited to mailing a payment or calling in checking account information for a wire transfer,” said Adam King, Senior Network Administrator for First Guaranty Mortgage Corp. “Our IVR with Angel.com has provided our customers with another avenue for paying their monthly mortgage. In addition, the application also reduces our overhead by not requiring an employee to make each transaction.”

About Angel.com
Angel.com is a leading provider of on-demand Interactive Voice Response (IVR) solutions, which enable organizations of all sizes to quickly deploy powerful telephony applications. More than 1,400 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.

MicroStrategy, Angel.com, Voice Sites 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.

Mike Sweeney
Angel.com
(703) 770-1352
sweeney@angel.com

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy Platform Selected by Finansbank for Financial Reporting and Analysis

May 17, 2005 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategyÂ® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Istanbul, Turkey-based Finansbank has selected the MicroStrategy Business Intelligence PlatformTM to support its financial reporting and analysis requirements

McLean, Va., (May 17, 2005) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Istanbul, Turkey-based Finansbank has selected the MicroStrategy Business Intelligence PlatformTM to support its financial reporting and analysis requirements. Finansbank has 173 local branches, as well as international subsidiaries and affiliates, and operates in 10 countries.

MicroStrategy was selected because of its analytical richness, its ability to handle large data volumes, and its single consolidated interface. Within two months of deploying MicroStrategy, Finansbank produced two hundred high quality reports with highly complex calculations.

“MicroStrategy enables us to quickly and efficiently disseminate vital financial reports and analysis throughout the organization,” said Çaðdaþ Özgenç, Assistant Vice President, Strategic Information Management for Finansbank. “With MicroStrategy Report Services, employees can design high quality reports and maintain a common look and feel throughout the entire report set. In addition, MicroStrategy’s data-mart functionality helped us in writing the results of analyses back to a database so that they can be fed to other software within the corporation including data mining tools.”

“Many of the world’s leading financial institutions have turned to MicroStrategy for greater visibility into the full scope of their business and financial operations,” said MicroStrategy COO, Sanju Bansal. “We are pleased that Finansbank is finding MicroStrategy a valuable resource for its financial reporting and analysis requirements.”

About Finansbank
Finansbank was incorporated by Hüsnü Özyeðin, one of Turkey’s leading bankers. The bank began its activities on October 26, 1987. Today, with its 173 local branches and its international subsidiaries and affiliates, Finansbank operates in 10 countries (Turkey, Switzerland, Holland, France, Germany, Belgium, Russia, Romania, Ireland, and Bahrain). Finansbank is the most international Turkish bank in terms of its international investments and network.

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

Tags: MicroStrategy

The Container Store

May 05, 2005 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategyÂ® Incorporated (Nasdaq: MSTR – News), a leading worldwide provider of business intelligence software, today announced that The Container Store, the nation’s leading retailer of storage and organization products, has deployed the MicroStrategy Business Intelligence Platform(TM) to suppo

MCLEAN, Va., (May 05, 2005) –

MicroStrategy® Incorporated (Nasdaq: MSTR – News), a leading worldwide provider of business intelligence software, today announced that The Container Store, the nation’s leading retailer of storage and organization products, has deployed the MicroStrategy Business Intelligence Platform(TM) to support its merchandising system. The Container Store, with locations in 15 markets across the country, showcases more than 10,000 innovative storage and organization products designed to help people save valuable space and time.

MicroStrategy was selected by The Container Store to convert large volumes of merchandise data into actionable information for store buyers. From their desktop, The Container Store buyers can easily access SKU data via an extranet and then segment inventory purchased by store, by time, and by product. With MicroStrategy, The Container Store users are able to make well-informed business decisions such as what products to retain in inventory and what products to retire. In addition, the information helps buyers to identify emerging trends in materials, color palettes and styles. The Container Store also uses daily exception-based reports, a self-service reporting system at the store and buyer level that alerts users to situations when they need to take action.

“With our daily merchandise reports, we gain a competitive edge over other retailers who wait for weekly or month-end reports,” said Beth Gonzalez, Merchandise Systems Director of The Container Store. “MicroStrategy gives our buyers and executives an up-to-date picture of our business and enables us to better understand what we sell, when we sell it and where we sell it, which ultimately influences our high levels of customer service. Our buyers count on this information to make knowledgeable decisions about when to add or retire products, which has a positive impact on our bottom line.”

“MicroStrategy continues to add more retailers to its growing customer base,” said MicroStrategy COO, Sanju Bansal. “Almost two-thirds of the top 50 global retailers use MicroStrategy for applications including store operations, merchandise management, loss prevention, category management and marketing analysis. Our ability to provide insightful reports on key data and drill down to individual transactions has proven its value to our retail clients.”

About The Container Store

The Container Store currently has 34 locations across the U.S. and has been named to FORTUNE magazine’s annual list of the “100 Best Companies to Work For” for the past six years. Sales for 2005 are projected at $440 million. The Container Store is privately held.

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 the world’s leading organizations make better business decisions every day. Companies use MicroStrategy to transform vast amounts of data into actionable information that enhances their performance, productivity and competitive edge. MicroStrategy’s customers include the top twelve FORTUNE 500 global telecommunications companies, the top eight global pharmaceutical companies, and nearly two-thirds of the top 50 global retailers. MicroStrategy has relationships with systems integrators and technology partners, including IBM, HP, PeopleSoft, Sun, and Teradata. More information about MicroStrategy (Nasdaq: MSTR – News) is available at http://www.microstrategy.com.

Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy Announces First Quarter 2005 Financial Results

Apr 28, 2005 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced its financial results for the three- month period ended March 31, 2005 (the first quarter of its 2005 fiscal year). First quarter 2005 revenue was $60.0 million versus $49.1

MCLEAN, Va., (April 28, 2005) –

License revenue for the quarter was $21.8 million versus $18.8 million in the first quarter of 2004. Revenue from product support and services in the first quarter of 2005 increased 26% over the first quarter of 2004. First quarter 2005 income from operations was $18.5 million versus $10.2 million in the first quarter of 2004. Net income for the first quarter of 2005 was $15.1 million, or $0.89 per diluted share, as compared to $10.4 million, or $0.60 per diluted share, for the first quarter of 2004.

“We are pleased to announce our financial results for the first quarter of 2005,” said Arthur S. Locke III, MicroStrategy’s Vice President, Finance & Chief Financial Officer. “Our results reflect the Company’s commitment to delivering innovative technology and services to our customers.”

New Customers:

New customers and new deals with existing customers in Q1 2005 included:

American Healthways; American Institute for Chartered Property Casualty Underwriters; AmerisourceBergen Corporation; Bank of the West; BI-LO, LLC; Brickstream; Cancer Care Ontario; Charming Shoppes; Chuck Latham Associates; Classic Residence by Hyatt; Communifax Corporation; Corporate Express; Dick’s Sporting Goods; Finali Corporation; Finlay Enterprises; Forest Laboratories; Giorgio Armani Corporation; ImpactRX; Intel Corporation; Liquor Control Board of Ontario; Northwest Evaluation Association; Oakwood Homes; Payless ShoeSource, Inc.; Petco Animal Supplies, Inc.; Porsche Cars North America; Rewards Plus; RGA Reinsurance Company; Rheem Manufacturing; Rite-Hite Corporation; Scott & White Memorial Hospital; Solucient L.L.C.; Starbucks Corporation; Temple-Inland Corporation Services; Upsher-Smith Laboratories, Inc.; Verispan, LLC; Wells Fargo Home Mortgage; Wilton Industries, Inc.

Examples of Noteworthy Customer Deals from Q1 2005:

Giorgio Armani

The Armani Group, one of the leading fashion and luxury goods groups in the world today, designs, manufactures, distributes and retails fashion and lifestyle products including apparel, accessories, eyewear, watches, jewelry, home interiors, fragrances and cosmetics under a range of brand names: Giorgio Armani, Armani Collezioni, Emporio Armani, AJ | Armani Jeans, A/X Armani Exchange, Armani Junior and Armani Casa. After evaluating competing products in the industry, Giorgio Armani Corporation, the US division, selected the MicroStrategy platform for its ease-of-use, Web-based platform, and analytical capabilities. Users are performing store and sales reporting and analysis against customer and financial data stored in an Oracle data warehouse. Giorgio Armani Corporation utilizes MicroStrategy to more effectively monitor store performance and manage product sales trends in order to improve overall sales and profitability.

Corporate Express

Corporate Express, one of the world’s largest suppliers of essential office and computer products with 2004 sales of approximately US$ 4.5 billion in North America, has selected MicroStrategy as its enterprise business intelligence (BI) standard and intends to replace its existing BI installation. MicroStrategy will enable approximately 2,000 employees to monitor business performance at the corporate and divisional level, receive highly visual dashboards, and perform interactive enterprise reporting and analysis against a 4.5-terabyte Oracle(R) data warehouse. Corporate Express employees in sales, finance, and operations as well as the entire Corporate Express executive management team will use MicroStrategy to find specific information about customer trends or popular products and present information in user-friendly, boardroom quality reports.

Charming Shoppes, Inc.

Charming Shoppes Inc. is a leading specialty apparel retailer primarily focused on plus-size women’s apparel through three distinct brands: Lane Bryant, Fashion Bug and Catherines Plus Sizes. Charming Shoppes has deployed several MicroStrategy applications to report, analyze and monitor sales and merchandising activity, inventory levels, customer traffic in and out of stores, point-of-sales transaction details and promotion history, and HR/payroll reviews of store payroll hours and budget data. The company has adopted MicroStrategy as its enterprise BI standard because the platform is easy to use, flexible, 100% Web-based and is highly scalable for large databases and user communities.

Payless ShoeSource, Inc.

Payless ShoeSource, Inc. is the largest specialty family footwear retailer in the Western Hemisphere operating a total of 4,646 stores. After considering other BI solutions, Payless ShoeSource selected MicroStrategy for its user- friendly interface, data and user scalability, and Web-based architecture. Approximately 250 employees perform mission-critical sales performance reporting and analysis against sales and inventory data stored in a 1.5 terabyte DB2 data warehouse on a zSeries platform. Payless ShoeSource will utilize MicroStrategy to more effectively monitor inventory levels of current and aged product, and manage promotional pricing effectiveness in order to improve margins and same-store sales, and decrease markdowns.

Porsche Cars North America, Inc.

Porsche Cars North America, Inc., (PCNA) with headquarters in Atlanta, GA, is the exclusive importer, marketer, and distributor of Porsche automobiles for the United States. PCNA will use MicroStrategy to report, analyze and monitor sales and marketing information. Such analyses will provide PCNA with the insight needed to be more responsive 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.

Update on MicroStrategy 8:

MicroStrategy 8 was launched on January 31, 2005, in conjunction with the MicroStrategy World 2005 conference and received a positive response from customers, analysts and partners. MicroStrategy 8 is an extension of the MicroStrategy 7 architecture that allows businesses to extend the richness of MicroStrategy business intelligence to a more diverse population, and to use it to manage more facets of business performance. The new MicroStrategy release, which was in development for more than two years, offers the latest in technical innovations with over 2,000 enhancements.

One of the key differentiators of MicroStrategy 8 is its integrated BI platform, eliminating the need for companies to use numerous distinct products from different vendors for reporting, analysis, and performance monitoring. With a scalable architecture and a single metadata, users can navigate seamlessly from scorecards and dashboards to reports and analysis without being forced to open and close multiple BI tools and navigate dissimilar interfaces. Another highlight of MicroStrategy 8 is the newly designed Web interface, specifically tailored for the business person and optimized for high productivity. The new user interface includes an array of “one-click” actions to make business users more productive in their viewing and exploration of data.

Additionally, MicroStrategy 8 broadens the universe of data sources that can be accessed for reporting and analysis activity. Business users can now directly query data stored in their financial, human resources, supply chain, and other operational systems, without having to first move this data into a data mart or data cube. MicroStrategy also provides direct access to data stored in SAP(R) BW.

For the first time, MicroStrategy 8 enables business users to format reports and scorecards in WYSIWYG (what-you-see-is-what-you-get) mode. Developers no longer need to spend time anticipating exact formatting requirements, since business users can now leverage the PowerPoint or Excel formatting skills they already have to fine-tune their own reports. Formatting can be completed over the web using a zero-footprint, multi-browser Web interface. Other enhancements found in MicroStrategy 8 include the integration of data mining into mainstream reports and analyses; direct access to operational data from ERP systems; and integrated views of data across heterogeneous data stores.

With its broad range of innovative and easy-to-use enhancements, MicroStrategy 8 has garnered positive feedback and increased customer adoption. Although MicroStrategy 8 represents a significant advance, upgrading to MicroStrategy 8 is seamless for customers. Since there are no fundamental changes to the metadata, overall architecture or new products, customers can easily upgrade to MicroStrategy 8.

The launch of MicroStrategy 8 started in February with a global Webcast and then covered 56 cities with live events, attracting thousands of interested participants. The second launch tour begins on May 2, 2005 and will cover 50 locations worldwide. More information on the MicroStrategy 8 launch events is available at http://www.microstrategy8.com.

Conference Call:

MicroStrategy will be discussing its first quarter 2005 financial results on a conference call today beginning at approximately 5:30 p.m. EDT. To access the conference call dial 877-597-9704 (domestically) or 706-634-6550 (internationally) and mention Michael Saylor as Chairperson. A live Webcast and replay of the conference call will be available at http://www.microstrategy.com/investor. A 48-hour replay of the call will also be available by dialing 800-642-1687 (domestically) or 706-645-9291 (internationally), conference ID 5243153.

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 the world’s leading organizations make better business decisions every day. Companies use MicroStrategy to transform vast amounts of data into actionable information that enhances their performance, productivity and competitive edge. MicroStrategy’s customers include the top twelve FORTUNE 500 global telecommunications companies, the top eight global pharmaceutical companies, and nearly two-thirds of the top 50 global retailers. MicroStrategy has relationships with systems integrators and technology partners, including IBM, HP, Oracle, Sun, and Teradata. More information about MicroStrategy (Nasdaq: MSTR) is available at http://www.microstrategy.com.

MicroStrategy, MicroStrategy 7, MicroStrategy 8 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 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 8, MicroStrategy 7i, MicroStrategy Universal Edition, 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 INCORPORATED
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)

Three Months Ended
March 31,
2005 2004
(unaudited)
Revenues
Product licenses $21,811 $18,811
Product support and other services 38,175 30,295
Total revenues 59,986 49,106

Cost of Revenues
Product licenses 1,277 844
Product support and other services 7,416 6,911
Total cost of revenues 8,693 7,755
Gross profit 51,293 41,351

Operating Expenses
Sales and marketing 17,234 16,406
Research and development 7,218 6,730
General and administrative 8,352 7,953
Amortization of intangible assets 18 18
Total operating expenses 32,822 31,107
Income from operations 18,471 10,244

Financing and Other Income
Interest income 872 115
Interest expense (15) (14)
Gain on investments 18 –
Other income, net 258 806
Total financing and other income 1,133 907
Income before income taxes 19,604 11,151
Provision for income taxes 4,551 772
Net income 15,053 10,379

Basic earnings per share $0.93 $0.65
Diluted earnings per share $0.89 $0.60
Basic weighted average shares
outstanding 16,224 16,010
Diluted weighted average shares
outstanding 16,965 17,253

MICROSTRATEGY INCORPORATED
CONSOLIDATED BALANCE SHEETS
(in thousands, except per share data)

March 31, December 31,
2005 2004
Assets (unaudited) (audited)
Current assets
Cash and cash equivalents $63,239 $68,314
Restricted cash and investments 6,225 1,210
Short-term investments 68,385 37,816
Accounts receivable, net 27,903 40,917
Prepaid expenses and other current
assets 6,085 6,337
Deferred tax assets, net 20,417 20,583
Total current assets 192,254 175,177

Property and equipment, net 15,086 16,096
Capitalized software development
costs, net 5,518 5,479
Long-term investments 26,370 26,365
Deposits and other assets 2,831 3,021
Deferred tax assets, net 108,966 110,818
Total Assets $351,025 $336,956

Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable and accrued
expenses $13,955 $18,906
Accrued compensation and employee
benefits 17,634 25,292
Accrued restructuring costs 1,750 1,762
Deferred revenue and advance
payments 52,005 43,674
Total current liabilities 85,344 89,634

Deferred revenue and advance payments 1,314 1,681
Other long-term liabilities 3,207 3,157
Accrued restructuring costs 1,553 1,906
Total Liabilities 91,418 96,378

Stockholders’ Equity:
Preferred stock undesignated;
$0.001 par value; 4,971 shares
authorized; no shares issued or
outstanding – –
Class A common stock; $0.001 par
value; 330,000 shares authorized;
12,968 shares issued and 12,900
shares outstanding, and 12,909
shares issued and 12,841 shares
outstanding, respectively 13 13
Class B common stock; $0.001 par
value; 165,000 shares authorized;
3,394 and 3,394 shares issued and
outstanding, respectively 3 3
Additional paid-in capital 421,718 417,287
Treasury stock, at cost; 68 and 68
shares, respectively (2,331) (2,331)
Accumulated other comprehensive
income 2,751 3,206
Accumulated deficit (162,547) (177,600)
Total stockholders’ equity 259,607 240,578
Total Liabilities and Stockholders’
Equity $351,025 $336,956

MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)

Three months ended
March 31,
2005 2004
(unaudited)
Operating activities:
Net income $15,053 $10,379
Adjustments to reconcile net income
to net cash provided by operating
activities:
Depreciation and amortization 2,373 2,061
Bad debt (recovery) provision (134) 306
Deferred taxes 3,836 248
Other, net (298) 8
Changes in operating assets and
liabilities:
Accounts receivable 12,037 7,268
Prepaid expenses and other
current assets 214 423
Deposits and other assets 144 152
Accounts payable and accrued
expenses, compensation and
employee benefits (11,004) (3,966)
Accrued restructuring costs (385) (610)
Deferred revenue and advance
payments 8,611 8,809
Other long-term liabilities 50 (17)
Net cash provided by
operating activities 30,497 25,061
Investing activities:
Proceeds from maturities of short-
term investments 19,000 –
Purchases of short-term investments (49,293) –
Purchases of property and
equipment, net (537) (2,019)
Capitalized software development
costs (926) (418)
Increase in restricted cash and
investments (5,061) (1)
Net cash used in investing
activities (36,817) (2,438)
Financing activities:
Proceeds from sale of class A
common stock under employee
stock purchase plan and exercise
of employee stock options 2,407 1,904
Net cash provided by
financing activities 2,407 1,904
Effect of foreign exchange
rate changes on cash and
cash equivalents (1,162) (123)
Net (decrease) increase in cash and
cash equivalents from continuing
operations (5,075) 24,404
Net cash received from discontinued
operations – 35
Net (decrease) increase in cash and
cash equivalents (5,075) 24,439
Cash and cash equivalents, beginning
of period 68,314 51,882
Cash and cash equivalents, end of
period $63,239 $76,321

CONTACT: Wende Cover of MicroStrategy Incorporated, +1-703-770-1646, or wcover@microstrategy.com

SOURCE MicroStrategy Incorporated

Wende Cover of MicroStrategy Incorporated, +1-703-770-1646, or
wcover@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

Cingular Wireless Calls Upon MicroStrategy to Enhance Customer Acquisition and Retention Efforts

Apr 26, 2005 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategyÂ® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Cingular Wireless has selected the MicroStrategy Business Intelligence Platformâ?¢ to enhance its sales and marketing efforts

McLEAN, Va., (April 26, 2005) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Cingular Wireless has selected the MicroStrategy Business Intelligence Platform(TM) to enhance its sales and marketing efforts. Cingular Wireless is the largest wireless carrier in the United States, serving more than 50 million customers. Cingular, a joint venture between SBC Communications (NYSE: SBC) and BellSouth (NYSE: BLS), has the largest digital voice and data network in the nation and the largest mobile-to-mobile community of any national wireless carrier.

Cingular Wireless sales and marketing analysts use MicroStrategy to analyze customer billing and churn information contained in a terabyte-sized Teradata® data mart. MicroStrategy helps Cingular Wireless maximize the effectiveness of its customer acquisition and retention programs and minimize customer attrition. In addition, Cingular Wireless is building a new dashboard for its executive and marketing management that will convey critical at-a-glance intelligence on marketplace perception of Cingular. According to Cingular Wireless, such insight will help its employees fine-tune their marketing programs and make them more responsive to customer demand.

“We chose MicroStrategy for its undisputed leadership in the business intelligence industry, and in particular its ease of use, unparalleled scalability, and its robust analytical capabilities,” said Stephen Butler, Senior Director of Database Marketing at Cingular Wireless. “With MicroStrategy providing us greater insight into our customer retention efforts and marketing programs, we’ll be better able to provide the quality of service that our customers expect.”

“We’re honored that the largest wireless carrier in the United States, Cingular Wireless, has selected MicroStrategy to more effectively monitor, report, and analyze its customer information,” said MicroStrategy’s COO Sanju Bansal. “All of the top ten FORTUNE 500 telecommunications companies are MicroStrategy customers and use our products for applications such as customer profitability, cross-sell analysis, and sales force performance reporting.”

About Cingular Wireless
Cingular Wireless is the largest wireless carrier in the United States, serving more than 50 million customers. Cingular, a joint venture between SBC Communications (NYSE: SBC) and BellSouth (NYSE: BLS), has the largest digital voice and data network in the nation and the largest mobile-to-mobile community of any national wireless carrier. Cingular is the only U.S. wireless carrier to offer Rollover(SM), the wireless plan that lets customers keep their unused monthly minutes. Details of the company are available at http://www.cingular.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 the world’s leading organizations make better business decisions every day. Companies use MicroStrategy to transform vast amounts of data into actionable information that enhances their performance, productivity and competitive edge. MicroStrategy’s customers include the top twelve FORTUNE 500 global telecommunications companies, the top eight global pharmaceutical companies, and nearly two-thirds of the top 50 global retailers. MicroStrategy has relationships with systems integrators and technology partners, including IBM, HP, PeopleSoft, Sun, and Teradata. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.

Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy to Announce First Quarter 2005 Financial Results

Apr 22, 2005 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

The following is being issued by MicroStrategyÂ® Incorporated.

McLean, VA., (April 22, 2005) –

The following is being issued by MicroStrategy® Incorporated.

WHAT: MicroStrategy (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, will announce its financial results for the first quarter of 2005 and hold a conference call, which will include management’s comments followed by a question and answer period.

WHEN: Thursday, April 28, 2005. Results will be announced at approximately 4:30 PM EDT; a conference call will follow at 5:30 PM EDT.

WHO: Scheduled MicroStrategy speakers on the conference call: Michael J. Saylor, Chairman and Chief Executive Officer; Sanju K. Bansal, Vice Chairman and Chief Operating Officer; and Arthur S. Locke III, Chief Financial Officer.

HOW: Domestically, dial (877) 597-9704 and mention Michael Saylor as the chairperson prior to 5:30 PM EDT, or for 48-hour playback access, dial (800) 642-1687 and enter the conference ID 5243153. Internationally, dial (706) 634-6550 and mention Michael Saylor as the chairperson prior to 5:30 PM EDT, or for 48-hour playback, dial (706) 645-9291 and enter the conference ID 5243153. For a live audio Webcast or replay of the call, visit http://www.microstrategy.com/investor.

Wende Cover
MicroStrategy, Incorporated
1-703-770-1646
wcover@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

Corporate Express Signs New Deal with MicroStrategy

Apr 20, 2005 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategy 8 Chosen to Replace Current Business Intelligence Installation

McLean, Va. (April 20, 2005) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Corporate Express, one of the world’s largest suppliers of essential office and computer products with 2004 sales of approximately US$ 4.5 billion in North America, has selected MicroStrategy as its enterprise business intelligence (BI) standard and intends to replace its existing installation.

MicroStrategy will enable approximately 2,000 employees to monitor business performance at the corporate and divisional level, receive highly visual dashboards, and perform interactive enterprise reporting and analysis against a 4.5-terabyte Oracle® data warehouse. To make use of MicroStrategy’s true 64-bit architecture, Corporate Express will deploy multiple CPU’s of MicroStrategy on Unix for maximum scalability.

“We selected MicroStrategy over various competing products because it has the most compelling offering in the business intelligence market,” said Gordon Glover, CFO at Corporate Express. “By migrating from our current solution to MicroStrategy, and standardizing all of our applications on one business intelligence platform, our goal is to achieve greater efficiencies and faster access to the information we need. MicroStrategy will be instrumental in providing our user community access to the information they require to make business decisions that makes us more customer-responsive and competitive.”

Corporate Express employees in sales, finance and operations and the entire Corporate Express executive management team will use MicroStrategy to easily drill down into the data and find specific information about customer trends or popular products, and present information in user-friendly, boardroom quality reports. Furthermore, the Corporate Express executive team will receive visually appealing dashboards that convey customer buying trends and enterprise performance at a glance.

“We’re pleased to count Corporate Express as a new MicroStrategy customer,” said MicroStrategy COO Sanju Bansal. “MicroStrategy’s industrial-strength platform is well suited for companies like Corporate Express that have demanding requirements for business intelligence reporting, analysis, and monitoring. Our platform delivers the dashboards, reports, and comprehensive analysis that are critical to their efforts to increase performance and profitability and to be successful in today’s competitive marketplace.”

About Corporate Express, Inc.
Corporate Express, Inc. is a wholly owned subsidiary of Buhrmann, NV (AEX: BUHR; NYSE: BUH), an international business services and distribution group. Buhrmann is a leading global supplier of office products and graphic systems for the business market. Corporate Express’ product offering includes office and computer supplies, imaging and computer graphics supplies, office furniture, facility supplies, document and print management, desktop software, promotional products, and other similar products. Corporate Express has operations in Australia, Austria, Belgium, Canada, France, Germany, Hungary, Ireland, Italy, Luxembourg, Mexico, the Netherlands, New Zealand, Poland, Sweden, the United Kingdom and the United States. Through exclusive strategic partnerships, Corporate Express can deliver product to China, Czech Republic, Denmark, Finland, Norway, Portugal, Slovakia, Slovenia, Spain and Switzerland. Corporate Express’ North American operations have 183 facilities, including 38 distribution centers, and employs 10,775 people. The Company’s Web site address is www.CorporateExpress.com.

Source: MicroStrategy

Tags: MicroStrategy

Top Independent Survey Ranks MicroStrategy Highest in Data Scalability

Apr 12, 2005 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

For the Fourth Year, Survey Finds MicroStrategy Customers Analyze Largest Data Volumes

McLean, Va., (April 12, 2005) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that The OLAP Survey 4, a leading independent survey of the business intelligence software market, has once again validated the large data handling capabilities of MicroStrategy’s software. For the fourth consecutive year, MicroStrategy’s business intelligence software was found to be superior to that of Business Objects, Cognos and Hyperion in data scalability.

The OLAP Survey 4, conducted by independent analyst Nigel Pendse, surveyed nearly 1,000 customer sites and found that MicroStrategy customers accessed the largest data volumes by a wide margin. According to the survey, MicroStrategy customers are accessing a median of 250 Gigabytes of data. This is larger by more than a factor of three over Oracle Discoverer, the second-place product, a factor of 17 greater than Business Objects and a factor of 28 greater than Cognos PowerPlay’s median data volumes.

“Yet again, MicroStrategy sites reported by far the largest data volumes of all BI vendors, with a substantial gap between MicroStrategy and the second place product,” said Nigel Pendse, author of The OLAP Survey 4. “Despite most vendors claiming to be able to handle large, detailed applications, it is clear that only MicroStrategy’s customers are actually implementing such transaction-level BI databases. This puts it ahead in a whole class of important applications.”

The products reviewed in The OLAP Survey 4 in rank order by median data volume were:

BI Vendor

Rank

Median Data Volume (GB)

MicroStrategy

250.0

Oracle Discoverer

75.0

SAP BW

75.0

Oracle OLAP Option

38.0

Business Objects

14.4

Cognos PowerPlay

8.8

Oracle Express

4.7

Hyperion Essbase

4.2

Microsoft AS

3.6

Applix TM1

MIS Alea

“We are delighted that for four years running, MicroStrategy has ranked significantly ahead of the other BI products in data scalability,” said MicroStrategy’s COO, Sanju Bansal. “Companies are collecting and storing more transaction-level detail from their various transactional and ERP systems, driving an increase in the size of databases that can be analyzed. MicroStrategy incorporates relational OLAP (ROLAP) and performance optimization techniques that permit efficient direct access to large data volumes, allowing customers to uncover critical insights that would not be revealed if there were restrictions on the amount of data that could be processed.”

To view a summary of The OLAP Survey 4 results, go to: http://www.microstrategy.com/bisurvey.

About The OLAP Survey 4
The OLAP Survey 4 (http://www.survey.com/olap), the largest and most comprehensive survey of OLAP products to date, is a quantifiable survey of the $4 billion OLAP market. The survey, conducted by Nigel Pendse and Survey.com, analyzed data from nearly 1,000 sites in 51 countries. No vendors were involved in developing the questions, or in sponsoring the survey, making it the most reliable and unbiased research on the OLAP market. This year’s survey asked more than 50 usage and adoption questions concerning 42 different OLAP products.

This press release may include statements that may constitute “forward-looking statements,” including statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks that could cause MicroStrategy’s actual results to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the ability of MicroStrategy to implement and achieve widespread customer acceptance of its software on a timely basis; delays in MicroStrategy’s ability to develop or ship new products; market acceptance of new products; competitive factors; currency fluctuations; and other risks detailed in MicroStrategy’s 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.

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy to Offer its Platform on HP-UX 11i Running on Intel

Apr 05, 2005 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategy Will Be Compatible with All Major UNIX Platforms

McLean, VA (April 05, 2005) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced plans to port MicroStrategy’s business intelligence platform to the HP-UX 11i operating system on HP Integrity servers, which are built using the newest Intel® Itanium® 2 processor-based architecture.

Upon completion of the port, expected in the second half of 2005, the MicroStrategy product line will be available on each of the three predominant UNIX platforms (HP, IBM, and Sun), significantly expanding MicroStrategy’s UNIX footprint in the business intelligence market.

“MicroStrategy’s user-friendly business intelligence tools will be very helpful to our HP-UX customers,” said Don Jenkins, vice president of marketing, Business Critical Servers, HP. “The robust, scalable MicroStrategy platform, combined with the 64-bit processing power of HP-UX 11i on HP Integrity servers, will result in a win-win for customers who require fast, accurate and reliable decision-support capabilities.”

“We are pleased that participation in the Intel® Early Access Program has supported MicroStrategy in its efforts to develop enterprise-class, scalable business intelligence applications on 64-bit Itanium 2-based platforms,” said Melissa Laird, general manager of Intel’s Software Enabling Division. “With data volumes growing into the high terabytes, 64-bit architecture is becoming essential to large-scale deployments.”

“We are pleased with our relationship with HP, as it will enable leading companies worldwide to experience the power of MicroStrategy-based business intelligence,” said Tom Villani, MicroStrategy’s vice president of global alliances. “Our high-performance 64-bit architecture delivers the query performance that companies need to accommodate rapidly growing data volumes. It also makes it easier for companies to support their increasing user populations and their numerous new reporting, analysis, and monitoring applications.”

For more information, join the upcoming Webcast, “MicroStrategy and HP: 64-bit HP Integrity Servers for Business Intelligence Solutions,” on April 28th at 9:00 a.m., 12:00 p.m., or 3:00 p.m. EDT.
Register at: www.microstrategy.com/Events/Online_Seminars/partners/hp.asp

This press release may include statements that may constitute “forward-looking statements,” including its estimates of future business prospects or financial results, and the expectations for the development of the port to the HP-UX 11i operating system and the expected release date of this port and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks that could cause MicroStrategy’s actual results to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the ability of MicroStrategy to implement and achieve widespread customer acceptance of its software on a timely basis; delays in MicroStrategy’s ability to develop or ship new products; market acceptance of new products; competitive factors; currency fluctuations; and other risks detailed in MicroStrategy’s 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 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

Tags: MicroStrategy

Angel.com Announces Site Builder 2005 Update, Featuring New Data and Logic Pages that Allow Users to Build Data-Driven Interactive Voice Sites in Minutes

Mar 30, 2005 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Leading Provider of On-Demand IVR Solutions Also Receives AVIOS Award for â??Best Call Center Hosting Solutionâ??

McLean, Va. (March 30, 2005) –

Angel.com, a leading provider of web-based, advanced telephony solutions and a division of MicroStrategy® Incorporated (NASDAQ: MSTR), today announced a significant update to Site Builder 2005, the company’s web-based toolkit that allows users to create speech-enabled phone applications quickly and easily. Site Builder 2005 now features Data and Logic Pages, which make Angel.com’s toolkit more powerful by allowing users to leverage a tool as simple as a spreadsheet to create and manage interactive Voice Sites – toll-free numbers that replicate website functionality.

Data Pages enable Angel.com users to create voice applications based on data and information stored in spreadsheets. To use Data Pages, spreadsheets are simply uploaded to Angel.com, and then instantly function as hosted databases for users’ Voice Sites. In addition to read and write data access, Data Page functionality includes options for delivery of updated data via email and FTP.

Logic Pages enable users to specify sophisticated, data-driven call flows with Angel.com’s easy-to-use Site Builder interface. Complex business rules, data operations and advanced handling of variables can now be configured online by business users without comprehensive development, scripting and integration with remote infrastructures.

Data and Logic Pages are an excellent solution for companies looking to rapidly automate common phone requests. For example, Data and Logic Pages can be used to create Voice Sites for:

* Order Status
* Surveys
* Shopping Carts
* Store Locators

“With a spreadsheet and our Site Builder toolkit featuring Data and Logic Pages, anyone with basic technical skills can create a powerful and interactive Voice Site to automate common phone requests,” said Mike Zirngibl, president and CEO of Angel.com. “This update significantly advances Angel.com’s mission to simplify and de-mystify the creation and management of speech technology applications.”

Angel.com Webinar: See Data & Logic Pages in Action
Steve Brown, Angel.com VP of Sales, will be hosting a series of Data & Logic Page webinars during the weeks of March 28th and April 4th. To register, please visit www.angel.com.

Angel.com’s Virtual Call Center Named “Best Call Center Hosting Solution”
Angel.com’s technology was recognized again this spring at SpeechTEK West, the industry’s most prominent trade show. Angel.com’s Virtual Call Center was named “Best Call Center Hosting Solution” by AVIOS, the Applied Voice Input/Output Society.

Virtual Call Center is a hosted call center management solution that combines the call distribution capabilities of an ACD system with the data collection and automation power of speech recognition. These capabilities are all contained in one easy-to-use interface, Angel.com Site Builder 2005. The solution is managed entirely through a web browser, which allows for rapid deployment, significant management flexibility, real-time monitoring and reporting tools, and zero investment in new hardware or software.

MicroStrategy, Angel.com, Site Builder 2005, Virtual Call Center, Voice Sites 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.

Mike Sweeney
Angel.com
(703) 770-1352
sweeney@angel.com

Source: MicroStrategy

Tags: MicroStrategy

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