Latest Business Intelligence News

US Department of Education Expands use of MicroStrategy Business Intelligence Software

Aug 02, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

$885,000 in Software & Maintenance

McLean, Va., (August 02, 2004) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the U.S. Department of Education, Office of Federal Student Aid (FSA) has expanded their use of the MicroStrategy Business Intelligence Platform(TM) to support existing and new applications to be deployed under the Common Services for Borrowers (CSB) contract. FSA has purchased MicroStrategy software licenses and maintenance services valued at about $885,000.

The Office of Federal Student Aid is a Performance Based Organization that administers the Student Financial Assistance Programs at the U.S. Department of Education.

The CSB contract will consolidate the Department’s direct loan servicing functions, loan consolidation processes and collection activities for $96 billion in student loan obligations. Currently, five separate systems perform the functions that one system will perform under the new contract.

“Federal and state government agencies are choosing MicroStrategy’s industrial-strength platform to gain better visibility into their operations and to help make important strategic decisions,” said MicroStrategy’s COO Sanju Bansal. “We’re particularly proud of our expanding relationship with the FSA, which provides such vital services to citizens nationwide.”

MicroStrategy’s other Federal customers include the U.S. Postal Service, the Centers for Medicare and Medicaid Services, National Institutes of Health, U.S. Census Bureau, Department of Housing & Urban Development, Department of Homeland Security, U.S. Air Force and U.S. Army.

MicroStrategy and the State of Tennessee’s Department of Finance and Administration were honored last year with a DM Review World Class Solution Award for a MicroStrategy application that processes and analyzes millions of Tennessee financial records in an efficient manner. This MicroStrategy application has reduced costs and significantly improved the quality of financial information for decision-making by state officials.

About MicroStrategy

Founded in 1989, MicroStrategy is a worldwide leader in the increasingly critical business intelligence software market. Leading Fortune 2000 companies are integrating MicroStrategy’s industrial-strength software into virtually all facets of their businesses. The MicroStrategy Business Intelligence Platform(TM) distills vast amounts of data into vital, probing insight to help drive cost-efficiency, productivity, customer relations and revenue-generation. MicroStrategy offers exceptional capabilities — excellent scalability, powerful analytics, user-friendly query and reporting features and an outstanding, easy-to-use Web interface. Top companies are using MicroStrategy to cost-effectively harness large, multi-terabyte databases; empower thousands of employees at all operational levels; and extend the benefits of business intelligence enterprise-wide and beyond to customers, partners and suppliers.

MicroStrategy has over 2,800 enterprise-class customers, including General Motors, Lowe’s Home Improvement Warehouse, Yahoo!, Visa International, Wells Fargo, Telecom Italia, AT&T Wireless Group and Aventis. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Sun, HP, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, visit MicroStrategy’s Web site at http://www.microstrategy.com.

MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy Report Services, MicroStrategy 7, MicroStrategy 7i, MicroStrategy Office are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy Reports $0.67 GAAP Diluted EPS for Q2 2004

Jul 27, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Four-fold Increase Over Q2 2003 GAAP Diluted EPS of $0.15

MCLEAN, Va. (July 27, 2004) –

MicroStrategy(R) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced its financial results for the three- month period ended June 30, 2004 (the second quarter of its 2004 fiscal year), reporting GAAP earnings of $0.67 per share on a diluted basis, a more than four-fold increase over the second quarter of 2003. Second quarter 2004 revenue was $49.9 million versus $43.6 million in the second quarter of 2003, a 14 percent increase. Revenue in the first quarter of 2004 was $49.1 million.

Second quarter 2004 license revenue was $18.3 million versus $19.6 million in the second quarter of 2003, a 7 percent decrease. License revenue in the second quarter of 2003 benefited from $4.0 million of revenue attributable to a large transaction with the U.S. Postal Service. License revenue in the first quarter of 2004 was $18.8 million. Revenue from services in the second quarter of 2004 increased 32 percent over the second quarter of 2003 primarily due to strong maintenance revenue attributable to an increased base of customers and increased maintenance rates. Operating expenses decreased to approximately $29.6 million in the second quarter of 2004 from approximately $31.8 million in the second quarter of 2003 due primarily to a decrease in research and development expenses and to an approximately $1.7 million restructuring and impairment charge in the second quarter of 2003 with no comparable charges in the second quarter of 2004. MicroStrategy’s cash plus long-term investments at the end of the second quarter of 2004 was $87.2 million versus $34.9 million at the end of the second quarter of 2003 and $76.3 million at the end of the first quarter of 2004.

Net income for the second quarter of 2004, determined in accordance with GAAP, was $11.4 million, or $0.67 per share on a diluted basis. Second quarter 2004 income from operations was $12.2 million versus $4.7 million in the second quarter of 2003 and $10.2 million in the first quarter of 2004.

“With an increase in GAAP EPS and in our cash and long-term investments, MicroStrategy reports another solid quarter in what has been a strong first half of the year,” said MicroStrategy President and CFO Eric F. Brown. “Our margins remained strong as we reported a 24% operating income margin for the second quarter of 2004.”

“MicroStrategy has benefited from a very robust new product cycle, with three new product launches since last November,” said MicroStrategy Chairman and CEO Michael J. Saylor. “June’s release of a UNIX(R)-based version of our platform, MicroStrategy 7i(TM) Universal Edition, marked another important milestone, opening up a significant new marketplace sector to MicroStrategy. MicroStrategy 7i Universal Edition is designed to permit more users to tap into the largest databases and obtain answers faster to their reporting and analysis inquiries.”

Added 118 New Customers:

New customers and new deals with existing customers in Q2 2004 included:

ADS Alliance Data Systems, Inc.; American Healthways; AmerisourceBergen Corporation; A.P. Moller – Maersk A/S; Bull Moose Tube Company; Carl Warren & Co.; CNET Networks, Inc.; Cryptologic; E.I. Dupont de Nemours & Company; Finali Corporation; Forest Laboratories; Henry Schein, Inc.; iDine Reward Network; Kent Unified School District; KeyBank USA; KPMG LLP; La Capitale Assurances Generales; Liz Claiborne, Inc.; Meredith Corporation; Oakwood Homes; Ohio Department of Education; Playboy Enterprises, Inc.; Raley’s, Inc.; Roundy’s Inc.; Sage Telecom, Inc.; Shaw Industries Group, Inc.; Stage Stores; Supervalu, Inc.; Sykes Enterprises Inc.; Temple-Inland Corporation Services; The Container Store; The Rouse Company; and Town & Country Trust.

Examples of Noteworthy Customer Deals from Q2 2004:

U.S. Department of Education, Office of Federal Student Aid

U.S. Department of Education, Office of Federal Student Aid (FSA) has expanded their use of the MicroStrategy Business Intelligence Platform(TM) to support existing and new applications to be deployed under the Common Services for Borrowers (CSB) contract. FSA has purchased MicroStrategy software licenses and maintenance services valued at approximately $885,000. The CSB contract will consolidate the Department’s direct loan servicing functions, loan consolidation processes and collection activities for $96 billion in student loan obligations. Currently, five separate systems perform the functions that one system will perform under the new contract.

American Healthways

American Healthways is the nation’s leading and largest provider of specialized, comprehensive disease management, care enhancement and high-risk health management services proven to improve the quality of health care and lower costs. American Healthways recently expanded its use of MicroStrategy to include OLAP Services(TM) and Report Services(TM) as a component of its enterprise data warehouse platform. Approximately 100 users, including account management, finance and informatics will perform customer reporting and outcomes improvement research against a 2.5-terabyte Oracle(R) data warehouse. The MicroStrategy platform will help American Healthways track and assess clinical and financial data to provide greater insight into the company’s program outcomes.

E.I. DuPont de Nemours & Company

DuPont Crop Protection serves production agriculture with products for the grain and specialty crop sectors as well as forestry and vegetation management. DuPont selected MicroStrategy to anchor its Development Data Warehouse, a business intelligence tool that analyzes, summarizes, manages, and reports on global field development trials for crop protection chemicals. With over 150 users, DuPont’s business intelligence solution has several custom applications including Custom Dynamic Grouping, consolidation and business decision management; Management Console, warehouse management for Extraction, Transformation and Loading (ETL) and maintaining global standards; and Enterprise Manager, report usage statistics distributed via email. Using these custom applications, DuPont generates over 4,000 reports a month.

Liz Claiborne Inc.

Liz Claiborne Inc., a leading marketer and designer of apparel and accessories for women and men, is using MicroStrategy to extend its business intelligence capabilities to associates within its wholesale and retail divisions. With MicroStrategy, company associates have the ability to dynamically examine retail sales information pertaining to product and classification performance, SKU-level analysis, account/store performance and geographic analysis. This application will allow Liz Claiborne to refine future product lines, product assortments and retail account forecasts, and thereby improve customer intimacy.

The Container Store, Inc.

The Container Store(R), the nation’s originator and leading retailer of storage and organization products, has selected MicroStrategy as its standard analytical reporting system. Approximately 50 analysts/users, primarily from Merchandising, Marketing, Logistics and Financial areas will continuously research/evaluate performance improvement opportunities using/against a terabyte data warehouse. The company will utilize the MicroStrategy platform to gain targeted insight into opportunities to accelerate its development of new innovative products/services and sales initiatives. After an in-depth evaluation of many of the competing products in the industry, The Container Store selected the MicroStrategy platform for its scalability, functionality and easy-to-use Web interface.

AmerisourceBergen Corporation

AmerisourceBergen, one of the largest pharmaceutical services companies in the United States, has selected MicroStrategy as the company’s enterprise data warehouse reporting and business analysis application. After an in-depth evaluation of many of the competing products in the industry, AmerisourceBergen selected the MicroStrategy platform for its scalability, functionality and easy-to-use Web interface.

MicroStrategy Unveils UNIX-Based, High Performance Business Intelligence Platform

Taking another major step forward in extending user-friendly business intelligence software to mass users, MicroStrategy released in June a UNIX(R)- based version of its award-winning MicroStrategy 7i platform, MicroStrategy 7i Universal Edition. MicroStrategy now offers the market’s first business intelligence (BI) product line that is compiled to 32-bit and 64-bit modes from the same code base and can run on Microsoft(R) Windows, IBM AIX (R) and Sun Solaris(tm) Operating System (OS).

MicroStrategy 7i Universal Edition is designed to fulfill MicroStrategy’s goal of providing the most complete business intelligence platform capable of delivering all five styles of business intelligence — enterprise reporting, cube analysis, ad-hoc query and analysis, statistical analysis, and report delivery and alerting — to thousands of corporate users, partners, and customers. MicroStrategy 7i is built on a single unified architecture. The MicroStrategy 7i analytic server is compiled to both 64-bit UNIX and 32-bit Windows environments from a single code base, which provides companies with more flexibility to freely choose the hardware and software that best fits their needs — both now and in the future.

“IDC estimates that approximately 22 percent of the BI market is based on UNIX,” said Dan Vesset Research Director in the Data Warehousing and Information Access Program at IDC. “The new Universal Edition of MicroStrategy 7i opens up a significant sector of the BI marketplace for MicroStrategy. Equally important is the fact that MicroStrategy 7i now runs in full 64-bit mode, extending MicroStrategy’s already high scalability to deliver even better reporting and analytics performance.”

“Many organizations today are trying to standardize on an enterprise business intelligence tools platform driven by the need to reduce costs and expand the number of knowledge workers — including customers and suppliers,” says Wayne Eckerson, Director of Research at The Data Warehousing Institute. “With the Universal Edition of MicroStrategy 7i, a 64-bit BI application server that can run on UNIX, MicroStrategy has taken its scalable, high performance BI platform to a new level in support of an organization’s BI standardization efforts.”

Outlook and Financial Guidance Information

The following statements are subject to risks and uncertainties described at the end of this press release. Management guidance for 2004 contained herein is valid as of the date of this press release only and supersedes any previously announced guidance as to the company’s expectations for financial results for 2004.

Approximate Ranges
(in millions, except for per share data)

Q3 2004 Range Full Year 2004 Range

Revenue $43.0 – $47.5 $190.0 – $202.0

Net income $2.6 – $7.0 $33.1 – $38.3

GAAP diluted earnings per share $0.15 – $0.40 $1.95 – $2.20

Diluted weighted average
shares outstanding 17.10 – 17.35 17.00 – 17.40

The guidance provided above assumes income tax expense in the range of approximately $600,000 – $800,000 for each of Q3 2004 and Q4 2004.

The guidance does not include any reduction in our deferred tax valuation allowance during 2004. At this time, the company is not in a position to give guidance on the amount of any such possible reduction. Management will reassess the deferred tax valuation allowance prior to reporting Q3 and Q4 2004 financial results. Depending upon Q3 and Q4 2004 actual results, there may be sufficient evidence to support the conclusion that all or a portion of the company’s net deferred tax valuation allowance should be reduced during the second half of 2004. Any such reduction of the company’s deferred tax valuation allowance is expected to materially increase the company’s reported GAAP net income and materially impact the company’s consolidated balance sheet. As of June 30, 2004, the deferred tax valuation allowance on net operating losses and certain other temporary differences was approximately $140.6 million.

MicroStrategy will be discussing its second quarter 2004 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 706-364-6550 (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 6684175.

About MicroStrategy Incorporated

MicroStrategy has over 2,600 enterprise-class customers, including General Motors, Lowe’s Home Improvement Warehouse, Yahoo!, Visa International, Wells Fargo, Telecom Italia, AT&T Wireless Group and Aventis. MicroStrategy also has relationships with over 500 systems integrators and application development and platform partners, including IBM, PeopleSoft, Sun, HP, and Teradata, a division of NCR. MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information or to purchase or demo MicroStrategy’s software, visit MicroStrategy’s Web site at http://www.microstrategy.com.

MicroStrategy, MicroStrategy 7, MicroStrategy Business Intelligence Platform, MicroStrategy Report Services, MicroStrategy OLAP Services, MicroStrategy Office and MicroStrategy 7i are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results, statements made under the heading “Outlook and Financial Guidance Information” and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i and MicroStrategy Report Services software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the Company’s ability to maintain profitability and its impact on the Company’s deferred tax valuation allowance; 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 Six Months Ended
June 30, June 30,
2004 2003 2004 2003
(unaudited) (unaudited)

Revenues
Product licenses $18,323 $19,637 $37,134 $36,166
Product support and other services 31,561 23,996 61,856 44,902
Total revenues 49,884 43,633 98,990 81,068

Cost of Revenues
Product licenses 870 739 1,714 1,529
Product support and other services 7,269 6,419 14,180 12,377
Total cost of revenues 8,139 7,158 15,894 13,906
Gross profit 41,745 36,475 83,096 67,162

Operating Expenses
Sales and marketing 15,538 14,279 31,944 26,962
Research and development 6,516 7,798 13,246 14,731
General and administrative 7,503 7,963 15,456 15,147
Restructuring and impairment charges – 1,699 – 1,699
Amortization of intangible assets 17 18 35 148
Total operating expenses 29,574 31,757 60,681 58,687
Income from operations 12,171 4,718 22,415 8,475

Financing and Other (Expense) Income
Interest income 174 281 289 371
Interest expense (1) (11) (2,049) (25) (4,347)
Loss on investments (85) – (85) –
Loss on early extinguishment
of notes payable – (858) – (840)
Other (expense) income, net (241) 133 565 95
Total financing and other
(expense) income (163) (2,493) 744 (4,721)
Income before income taxes 12,008 2,225 23,159 3,754
Provision (benefit) for
income taxes 581 (71) 1,353 793
Net income $11,427 $2,296 $21,806 $2,961

Basic earnings per share $0.71 $0.16 $1.36 $0.21
Diluted earnings per share $0.67 $0.15 $1.27 $0.20
Basic weighted average shares
outstanding 16,056 14,088 16,033 13,939
Diluted weighted average shares
outstanding 17,128 14,940 17,190 14,500

(1) Interest expense for the three months ended June 30, 2004 and 2003,
includes discount amortization expense on notes payable of $0 and
$883, respectively. Interest expense for the six months ended June
30, 2004 and 2003, includes discount amortization expense on notes
payable of $0 and $1,856, respectively.

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

June 30, December 31,
2004 2003
Assets (unaudited) (audited)
Current assets
Cash and cash equivalents $60,817 $51,882
Restricted cash 722 747
Accounts receivable, net 27,456 30,993
Prepaid expenses and other
current assets 5,055 3,888
Deferred tax assets, net 1,726 1,807
Total current assets 95,776 89,317

Property and equipment, net 16,198 16,113
Capitalized software development
costs, net 3,979 3,693
Long-term investments 26,353 –
Deposits and other assets 3,407 1,984
Deferred tax assets, net 3,416 3,686
Total Assets $149,129 $114,793

Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable and accrued expenses $13,562 $12,768
Accrued compensation and employee
benefits 15,831 17,968
Accrued restructuring costs 2,030 2,599
Deferred revenue and advance payments 40,626 28,374
Total current liabilities 72,049 61,709

Deferred revenue and advance payments 2,299 2,750
Other long-term liabilities 4,126 2,443
Accrued restructuring costs 2,654 3,544
Total Liabilities 81,128 70,446

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;
12,518 and 12,362 shares issued
and outstanding, respectively 13 12
Class B common stock; $0.001 par
value; 165,000 shares authorized;
3,549 and 3,604 shares issued
and outstanding, respectively 4 4
Additional paid-in capital 390,037 387,625
Accumulated other comprehensive
income 2,054 2,619
Accumulated deficit (324,107) (345,913)
Total stockholders’ equity 68,001 44,347
Total Liabilities and Stockholders’
Equity $149,129 $114,793

MICROSTRATEGY INCORPORATED
Additional Financial Information

Net Income and Additional Financial Information
(in thousands)
(unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
2004 2003 2004 2003

Net income $11,427 $2,296 $21,806 $2,961

Additional Financial Information:
Restructuring and impairment
charges – 1,699 – 1,699
Amortization of intangible assets 17 18 35 148
Loss on investments 85 – 85 –
Loss on early extinguishment of
notes payable – 858 – 840
Discount amortization expense
on notes payable – 883 – 1,856
Other items (118) – (168) –
Total $(16) $3,458 $(48) $4,543

Additional Financial Information – Cash vs. Non-cash
(in thousands)
(unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
2004 2003 2004 2003

Non-cash:
Amortization of intangible assets $17 $18 $35 $148
Loss on investments 85 – 85 –
Loss on early extinguishment of
notes payable – 858 – 840
Discount amortization expense
on notes payable – 883 – 1,856
Total non-cash 102 1,759 120 2,844

Cash:
Restructuring and impairment charges – 1,699 – 1,699
Other items (118) – (168) –
Total cash (118) 1,699 (168) 1,699

Total $(16) $3,458 $(48) $4,543

MICROSTRATEGY INCORPORATED
Non-Generally Accepted Accounting Principles
(“Non-GAAP”) Financial Measures

Management believes that the presentation of the additional financial
information is helpful in understanding the ongoing operating results and cash
flow indicators with respect to the Company’s core business because the
additional financial items are non-cash or cash related gains and expenses
incurred during the period that are not associated with ongoing operating
results and are not cash flow indicators of the Company’s core business
operations.

EBITDA and Additional Financial Information
(in thousands)
(unaudited)
Three Months Ended Six Months Ended
June 30, June 30,
2004 2003 2004 2003

Net income $11,427 $2,296 $21,806 $2,961

Interest income (174) (281) (289) (371)
Interest expense 11 2,049 25 4,347
Provision (benefit) for income taxes 581 (71) 1,353 793
Depreciation and amortization 2,089 2,247 4,132 4,594
Amortization of intangible assets 17 18 35 148

EBITDA $13,951 $6,258 $27,062 $12,472

Additional Financial Information:
Restructuring and impairment
charges – 1,699 – 1,699
Loss on investments 85 – 85 –
Loss on early extinguishment
of notes payable – 858 – 840
Other expense (income) 241 (133) (565) (95)

Total $326 $2,424 $(480) $2,444

MICROSTRATEGY INCORPORATED
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)

Six months ended
June 30,
2004 2003

Operating activities:
Net income from continuing operations $21,806 $2,961
Adjustments to reconcile net income
from continuing operations to net cash
provided by operating activities:
Depreciation and amortization 4,167 4,742
Bad debt recovery (27) (26)
Loss on investments 85 –
Loss on early extinguishment of
notes payable – 840
Discount amortization expense on
notes payable – 1,856
Other, net 60 (24)
Changes in operating assets and
liabilities:
Accounts receivable 3,245 572
Prepaid expenses and other
current assets (1,263) (146)
Deferred tax assets, net 288 (203)
Deposits and other assets (1,458) (169)
Accounts payable and accrued expenses,
compensation and employee benefits (1,050) 1,071
Accrued restructuring costs (1,470) (962)
Deferred revenue and advance payments 11,705 4,568
Other long-term liabilities 1,683 (318)
Net cash provided by operating
activities 37,771 14,762
Investing activities:
Purchases of property and equipment, net (3,193) (1,947)
Capitalized software development costs (1,414) –
Purchase of long-term investments (26,353) –
(Increase) decrease in restricted cash (3) 5,551
Net cash (used in) provided by
investing activities (30,963) 3,604
Financing activities:
Proceeds from sale of class A common stock
under employee stock purchase plan and
exercise of employee stock options 2,412 1,138
Net cash provided by financing
activities 2,412 1,138
Effect of foreign exchange rate
changes on cash and cash equivalents (319) 474
Net increase in cash and cash equivalents
from continuing operations 8,901 19,978
Net cash received from (advanced to)
discontinued operations 34 (140)
Net increase in cash and cash equivalents 8,935 19,838
Cash and cash equivalents, beginning
of period 51,882 15,036
Cash and cash equivalents, end of period $60,817 $34,874

Supplemental disclosure of noncash
investing and financing activities:
Early extinguishment of notes payable $- $(7,456)
Issuance of class A common stock in
connection with early extinguishment
of notes payable $- $8,533

CONTACT: Marc Brailov of MicroStrategy Incorporated, +1-703-770-1670, or mbrailov@microstrategy.com

SOURCE MicroStrategy Incorporated
CONTACT: Marc Brailov of MicroStrategy Incorporated, +1-703-770-1670, or
mbrailov@microstrategy.com/
/Web site: http://www.microstrategy.com /

Source: MicroStrategy

Tags: MicroStrategy

DuPont Crop Protection Products Italy selects MicroStrategy as Enterprise-Wide Business Intelligence Standard

Jul 19, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Manages One of Richest Product Catalogues for Crop Protection

McLean, VA, (July 19, 2004) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that DuPont Crop Protection Products has selected the MicroStrategy Business Intelligence Platform(TM) for enterprise-wide reporting and analysis. DuPont Crop Protection Products is a global leader in delivering science-based solutions in the areas of materials, products and technologies.

DuPont Crop Protection Products will harness the MicroStrategy Business Intelligence Platform for sales analysis and reporting across the enterprise.

DuPont, with approximately 130 production plants and more than 70 laboratories for research and development, operates in more than 70 countries. Of the most innovative materials released from DuPont laboratories are: Teflon®, Nomex®, Kevlar® and Lycra®. DuPont Italy has more than 350 collaborators and generates approximately 800 million euros in annual revenues.

The agreement, signed at an international level, will allow DuPont Crop Protection Products in Italy to improve the management of orders and enable constant monitoring of the sales process.

DuPont Crop Protection Products Italy has experimented during recent years with different systems of business intelligence to gain insight from enterprise-wide data. The first step towards consolidating business information for DuPont Crop Protection Products was in 1987 with the creation of a system that enabled orders to be sent via PCs connected by telephone lines. Later, after the creation of a statistical system capable of monitoring sales processes, orders and discounts, DuPont Crop Protection Products advanced towards systems of business intelligence.

The choice of Dupont Italy to adopt MicroStrategy – thereby aligning itself to the international standard for the division of DuPont Crop Protection Products – completes its search for a flexible, scalable and high-performing information system.

The system enables users to perform detailed analysis of sales operations with respect to predefined criteria: product, client, or period. It provides campaign analysis for selected time periods and allows contrasts between historical and actual data. Additionally, managers may access ‘rapid’ reports to verify company results and make comparisons with previous periods.

“The management of sales processes and the communication of information between field sales and local headquarters is fundamental to our requirements. MicroStrategy is capable, with its Web-based and scalable platform, of resolving all analytical and reporting requirements,” said Enrico Cattaneo, Financial and Business Services Manager of DuPont Crop Protection Products for Italy.

“Within the general organization of DuPont Italy,” continues Cattaneo, “the division of ‘Crop Protection Products’ has particularly complex issues with sales operations due to seasonal variations of the crops. The variations in climate in Italy allow for the cultivation of a vast range of agricultural products, making the Italian catalogue of DuPont Crop Protection Products one of the richest, with more than 120 different products. The implementation of MicroStrategy is central to the improvement of our business.”

“We’re very happy to put our software at the disposition of DuPont Crop Protection Products,” said Andrea Delvò, Country Manager for MicroStrategy Italy. “We’re particularly proud that our platform is being used to replace certain existing software of our competitors because of our capacity to better manage complex criteria.”

About MicroStrategy Incorporated

This press release may include statements that may constitute “forward-looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7i 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.

Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy and IBM Deliver Joint Business Intelligence Solution

Jul 16, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

IBM Data Management to Bundle MicroStrategy Into Data Warehouse Offering for Small and Medium Businesses

SOMERS, NY (July 16, 2004) –

IBM and MicroStrategy, a leading provider of business intelligence software, today announced they are providing customers with a bundled data warehouse solution that will include the MicroStrategy Business Intelligence Platform(TM) with IBM’s DB2® Universal Database (UDB) Data Warehouse (DWE) Standard Edition. The bundled data warehouse solution will be available immediately through IBM and will provide customers with a one-stop shop for a powerful out-of-the-box BI solution.

“People using IBM and MicroStrategy’s technology are making a difference in their business areas and are adding value to the bottom line,” said Vanitha Devarajan Senior Manager of Business Intelligence Solutions at the Bank of Montreal. “MicroStrategy offers our executives, managers and information analysts the capability to make full use of their IBM data warehouse in order to gain vital intelligence, and to make proactive decisions that can drive efficiency and productivity.”

MicroStrategy’s reporting and analysis products combined with IBM’s market-leading DB2 Data Warehouse software will help IBM customers more effectively leverage the critical information contained in their data warehouses. MicroStrategy provides simple-to-use, high-performance, open reporting technology that helps companies increase efficiency, productivity and profitability. Additionally, MicroStrategy’s pre-packaged Analytic Modules provide out-of-box best-practice starter kits in the areas of Sales, Customer, HR, Distribution, Financial and Web-Traffic analysis. The DB2 Universal Database Data Warehouse Edition bundle provides everything needed by customers for successful business intelligence deployments and can help maximize leveraging the full depth and breadth of IBM’s DB2 and Data Warehouse Edition.

“Integrating MicroStrategy with the IBM DB2 UDB Data Warehouse is yet another example of how MicroStrategy and IBM have joined forces to provide customers with a finely-integrated environment for rapidly developing and deploying reporting and analytic applications,” noted MicroStrategy’s COO, Sanju K. Bansal. “We pride ourselves in our strong relationships with technology leaders like IBM. This integration will expand our overall market reach, ultimately strengthening our leadership position in the business intelligence space.”

MicroStrategy, which offers Relational Online Analytical Processing (Relational OLAP), is designed to work with DB2 to provide improved query performance for medium and large data sets. MicroStrategy generates DB2-optimized SQL, integrates with DB2 Cube Views, accesses the full range of analytical functions within DB2, and integrates with DB2 Intelligent Miner for data mining and scoring.

“Companies of all sizes are struggling to integrate disparate silos of data and gain real-time analysis on their business information, regardless of the type of information or its source,” according to Karen Parrish, Vice President, Business Intelligence Solutions, IBM Software Group. “This bundled solution from IBM and MicroStrategy can help organizations integrate customer information across marketing and operational channels, providing valuable customer intelligence and the ability to rapidly identify business opportunities.”

The joint offering will be marketed through IBM to DB2 customers. In addition, select IBM channel partners will be able to deliver the offering in the future. IBM Business Consulting Services will also offer integration services in support of this offer.

About IBM’s Information Management Portfolio

There are more than 60 million DB2 users from 425,000 companies worldwide relying on IBM DB2 Information Management Solutions. IBM is the only data management software vendor to provide customers with integrated solutions for database management, tools, content management, enterprise information integration and business intelligence.

IBM and DB2 IBM are trademarks of International Business Machines Corporation in the United States, other countries, or both. Other company, product or service names may be trademarks or service marks of others.

MicroStrategy is a registered trademark 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

Manchester Airport Selects MicroStrategy For Airline Operations Reporting

Jul 12, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategyÂ® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Manchester Airport has chosen the MicroStrategy Business Intelligence Platformâ?¢ to provide management information to senior personnel about its airline operations

McLean, VA, (July 12, 2004) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Manchester Airport has chosen the MicroStrategy Business Intelligence Platform(TM) to provide management information to senior personnel about its airline operations. Manchester Airport is the UK’s third largest airport and currently handles 20 million passengers a year, offering direct flights to over 200 destinations worldwide by over 100 airlines.

Manchester Airport is using MicroStrategy to analyze and report on airline performance against specific targets for different sectors, routes and even individual flights. The airport wanted a user-friendly, scalable system to deliver fast results in a format that would be easily digestible by its management team.

“MicroStrategy reports against certain KPIs (key performance indicators) and displays information in an instantly recognizable dashboard format. We can drill down and find specific information on individual flights if required,” explained Chris Moore, Airport Pricing Manager, Manchester Airport.

Using MicroStrategy applications, the airport creates standard reports on a daily, weekly and monthly basis plus any ad-hoc queries, many of which are delivered to senior management.

“In the future we’re considering the potential of integrating data from other revenue streams – such as our retail outlets and car parks,” concluded Moore.

“Manchester Airport is using MicroStrategy as a new strategic business tool to better understand and enhance its operations,” commented Richard Irwin, UK Managing Director, MicroStrategy. “Our strength in analyzing large volumes of data coupled with our customizable interface has enabled Manchester Airport to start turning historical data into critical business information.”

About Manchester Airport

Manchester Airport is the UK’s third largest airport and currently handles 20 million passengers a year, offering direct flights to over 200 destinations worldwide by over 100 airlines. Manchester Airport is part of The Manchester Airports Group Plc (MAG), which is the second largest airport operator in the UK and comprises the airports of Manchester, Nottingham East Midlands, Bournemouth and Humberside.

About MicroStrategy Incorporated

Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

RuffaloCODY Selects MicroStrategy Report Services for Enterprise Reporting and Analysis

Jul 06, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Selected Over Business Objects, SAS, Oracle

McLean, VA, (July 06, 2004) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that RuffaloCODY has selected MicroStrategy Report Services(TM) for enterprise reporting and analysis on donor, prospect and member information. MicroStrategy was selected over Business Objects, SAS, and Oracle. RuffaloCODY is an international leader in providing software and direct marketing strategies for nonprofit organizations.

With users expected to grow by 30 percent annually, RuffaloCODY currently has 120 employees using MicroStrategy to report and analyze data collected from their CampusCALL and ONE direct marketing software tools. With MicroStrategy, RuffaloCODY employees are performing ad-hoc analysis and reporting on over a terabyte of donor, prospect and member data housed on a SQL Server data warehouse.

“After evaluating other leading vendors, we selected MicroStrategy because they provided an integrated reporting and analysis solution with content-rich, user-friendly reports. We especially like the intuitive Web interface that allows our users to create ad-hoc reports,” said RuffaloCODY’s CIO Bruce Lehrman. “In addition, MicroStrategy’s product vision and roadmap closely match our own business objectives.”

“MicroStrategy Report Services combines outstanding reporting and analytics into an integrated, robust enterprise reporting product,” said MicroStrategy’s COO Sanju K. Bansal. “The MicroStrategy platform’s ease-of-use, flexibility, Web-based interface, and scalability for large databases offer RuffaloCODY a powerful technology to help meet the challenges posed by today’s competitive environment.”

About RuffaloCODY

Founded in 1991 and headquartered in Cedar Rapids, Iowa, RuffaloCODY employs over 1,100 people, located throughout the United States.

RuffaloCODY is the leading provider of software, telephone fundraising, membership, planned giving and enrollment management services for nonprofit organizations, working with over 300 clients per year.

About MicroStrategy Incorporated

Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

The Banco de Espa

Jun 28, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

For Central Bank Operations & Financial System

McLean, VA (June 28, 2004) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the Banco de España has successfully deployed the MicroStrategy Business Intelligence Platform(TM) as the reporting and analysis standard for its Risk Information Group. The Banco de España is Spain’s central bank with full responsibility for regulation and supervision of the country’s financial system, and is a member of the European System of Central Banks along with the central banks of the other nations participating in the European Monetary Union and the European Central Bank.

“After evaluating other business intelligence solutions, the Banco de España selected MicroStrategy to meet our complex business requirements,” said Carlos Sainz, Head of the New Technologies Division at the Banco de España. “The MicroStrategy platform’s ease-of-use, unparalleled scalability, robust analytics and superior flexibility enable our employees to run sophisticated yet intuitive reports against large volumes of data.”

The Banco de España chose to deploy a data warehouse that enables employees to analyze credit risk data and run statistical reports with ease. In production since June 2002, the MicroStrategy-based system has successfully reached its first-phase objectives. The second phase ended in September 2003 and the application will continue to expand its reach across the organization in subsequent phases.

“The outstanding reporting features and excellent scalability inherent in the MicroStrategy platform provide the Banco de España with the ease-of-use for rapid deployment to a diverse user-base,” said MicroStrategy’s COO Sanju K. Bansal. “A number of the world’s leading financial services companies and organizations have choosen MicroStrategy for such critical applications as regulatory management, business performance management, credit risk management, and financial reporting and analysis. The top five global commercial and savings banks are now MicroStrategy customers.”

About the Banco de España

The Banco de España is Spain’s central bank with full responsibility for regulation and supervision of the country’s financial system, and is a member of the European System of Central Banks along with the central banks of the other nations participating in the European Monetary Union and the European Central Bank. For more information, visit http://www.bde.es/homee.htm.

About MicroStrategy Incorporated

Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy Releases UNIX-Based, High Performance Business Intelligence Platform

Jun 21, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Extending Advanced Reporting & Analysis to Mass Users

McLean, VA (June 21, 2004) –

In another milestone in extending user-friendly business intelligence software to mass users, MicroStrategy® Incorporated (NASDAQ: MSTR) released a UNIX®-based version of its award-winning MicroStrategy 7i platform. With the release of this new platform, called MicroStrategy 7i Universal Edition, MicroStrategy now offers the market’s first business intelligence (BI) product line that is compiled to 32-bit and 64-bit modes from the same code base and can run on Microsoft® Windows, IBM AIX ® and Sun Solaris(TM) Operating System (OS).

“We expect MicroStrategy 7i Universal Edition to enable the development of exciting new business intelligence applications, among both existing and new customers. By providing high performance enterprise reporting and analysis, it will permit thousands of additional business users, ranging from line-workers to top executives, to reap the benefits of business intelligence,” said MicroStrategy COO Sanju Bansal.

More Users for Higher Performance Reporting & Analysis

“With MicroStrategy 7i Universal Edition, far more users will now be able to tap into the largest databases and obtain answers faster to their reporting and analysis inquiries,” explained Bansal. “High performance business intelligence encourages business users to ask more questions and can produce better decision-making, enterprise-wide.”

Analysts See Significant Market Potential for MicroStrategy 7i Universal Edition

Customers & Partners Praise Capabilities of MicroStrategy 7i Universal Edition

“MicroStrategy 7i Universal Edition’s next-generation architecture gives us the comfort that it will seamlessly scale with the growth in our user and data sizes while delivering ultra high performance to our end users,” said Damon Dworak, Manager of Decision Support Services at MCI. “We currently support 1.5 terabytes of data and have found that we can easily grow our user base and increase data volumes with minimal additional hardware investments.”

“MicroStrategy 7i Universal Edition running on Sun Solaris OS offers massive user and data scalability enabled by Sun’s 64-bit through-put computing architecture,” said Cyrus Golkar, CXO, Business Intelligence, Sun Microsystems, Inc. “With MicroStrategy, Solaris OS customers can experience the power of a unique infrastructure to integrate many BI applications into a single platform with impressive performance.”

MicroStrategy 7i Universal Edition Key Features

MicroStrategy 7i Universal Edition maintains MicroStrategy’s commitment to provide the most complete BI platform capable of delivering all five styles of business intelligence – enterprise reporting, cube analysis, ad-hoc query and analysis, statistical analysis, and report delivery and alerting – to thousands of corporate users, partners, and customers. MicroStrategy 7i accomplishes this on a single unified architecture.

Robust Analytic Server

MicroStrategy 7i’s unified architecture delivers a broad spectrum of BI functionality ranging from daily operational reports, ad-hoc queries and in-depth OLAP analysis. MicroStrategy 7i’s analytic server is architected to:

* Process queries, reports and analysis to millions of users
* Manage the definitions of reports, metrics and business that are used by all users in an enterprise in a central metadata repository
* Automatically generate highly sophisticated SQL to access the largest databases with high performance queries and reports
* Augment the native analytical capability of all major databases with an additional 200+ functions in the areas of OLAP, math, financial, statistical, and logical operators
* Protect sensitive information with ironclad security
* Provide fault tolerant operations on a 24×7 BI platform
* Eliminate the need to support multiple vendors and architectures for each different “Style of Business Intelligence”

Operating System Independence

The MicroStrategy 7i analytic server is compiled to both 64-bit UNIX and 32-bit Windows environments from a single code base, which provides companies with the flexibility to freely choose the hardware and software that best fits their needs – both now and in the future. Because of the single code base:

* Customers receive the same functionality and administrative ease regardless of operating system
* New features, service packs and patches are released across all operating systems simultaneously
* Corporations can conform to their hardware and operating system standards

Proven Scalability

The support for UNIX and Windows operating systems allows querying, reporting and analytical infrastructure to grow incrementally to meet increasing numbers of users and volumes of data from small departmental applications to massive enterprise and extranet implementations. This is accomplished with:

* Object-oriented metadata repository
* Highly efficient and tunable multi-pass SQL generation
* Four levels of shared caches
* Full-featured library analytical and BI functions
* Multi-server clustering and load-balancing capability
* Automatic failover and fault tolerance
* Full parallel processing
* Automatic resource reallocation and system tuning
* Administrative functions attuned to thousands or millions of objects and users
* Multi-leveled security features tuned for fine grained control of both intranet and extranet implementations

Enterprise-Caliber Manageability

MicroStrategy 7i facilitates the monitoring and analyzing the real-time and historical use and performance of the BI system, making it easy to tune the system appropriately, deploy new applications rapidly and manage large BI implementations with textual scripts, all from a central location. The administrator-friendly interfaces:

* Allow centralized and remote management and configuration
* Allow fine-grained monitoring, logging and control of the system’s performance and usage
* Provide fine-grained control over the types of operations various classes of users are allowed to perform
* Define the level of detailed diagnostic statistics to capture for troubleshooting purposes
* Provide real-time and historical analysis to identify usage trends and potential bottlenecks
* Provide impact assessment of proposed configuration changes and potential changes to any part of the application definition
* Automate all repetitive tasks and initiate them on a time-based or event-based schedule
* Support bulk administrative operations to simplify system changes and reduce manpower investment

Pricing and Availability

MicroStrategy 7i Universal Edition is included in the MicroStrategy 7i release and is expected to be generally available the week of June 21, 2004. Pricing for the Universal Edition of Intelligence Server begins at $744 per user or $58,000 per CPU. In this release, Intelligence Server will be available on:

* Sun Solaris OS
* IBM AIX
* Microsoft Windows

About MicroStrategy Incorporated

Source: MicroStrategy

Tags: MicroStrategy

Centers for Medicare & Medicaid Services Expands use of MicroStrategy Business Intelligence Software

Jun 07, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

$645,000 in Software & Maintenance

McLean, Va., (June 07, 2004) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the Centers for Medicare & Medicaid Services (CMS) has expanded its use of the MicroStrategy Business Intelligence Platform(TM) to support the new Medicare Managed Care System (MMCS). CMS has purchased MicroStrategy software licenses and maintenance services valued at approximately $645,000.

The Centers for Medicare & Medicaid Services (CMS) is a federal agency within the U.S. Department of Health and Human Services. CMS is responsible for administering the Medicare Program and the joint Federal-State Medicaid Program.

The new MMCS will help CMS to better meet current and future legislative requirements, accommodate anticipated growth, provide better service to beneficiaries, and facilitate CMS’s monitoring of the Medicare Managed Care program and evaluation of policy decisions. MMCS will process enrollment and payment transactions for more than seven million Medicare beneficiaries who are enrolled in 427 Medicare managed care organizations (MCOs) — computing payments that total over $3 billion per month.

MicroStrategy’s Business Intelligence Platform is being used to provide better insight into information available to CMS (e.g., utilization, quality of care, payment), thereby enabling improved management of the Medicare managed care program.

“Federal and state government agencies are choosing MicroStrategy’s industrial-strength platform to gain better visibility into their operations and to help make important strategic decisions,” said MicroStrategy’s COO Sanju Bansal. “We’re particularly proud of our expanding relationship with the CMS, which provides vital services to citizens nationwide.”

About MicroStrategy Incorporated

Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

First American Corporation’s Interactive Division Selects MicroStrategy’s Software for Extensive Deployment

Jun 01, 2004 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Extranet Application for 30,000+ Customers

McLEAN, Va., (June 01, 2004) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the Interactive Division of The First American Corporation (NYSE: FAF), the nation’s largest data provider, has chosen the MicroStrategy Business Intelligence Platform(TM) as its business intelligence standard. MicroStrategy was selected over a field of five major business intelligence competitors. MicroStrategy will be adopted for extensive applications involving real estate and lender products and services, including an extranet for more than 30,000 customers.

The First American Corporation is a Fortune 300 company that traces its history to 1889. As the nation’s largest data provider, the company supplies businesses and consumers with information resources in connection with the major economic events of people’s lives, such as getting a job; renting an apartment; buying a car, house, boat or airplane; securing a mortgage; opening or buying a business; and planning for retirement.

Through the extranet component of its MicroStrategy deployment, First American’s Interactive Division will produce reports for its customers that help them cross-sell products and services while also providing marketplace analyses and customer marketing assessments. These customers will include bank executives, loan officers, real estate brokers and escrow agents. The Interactive Division will also harness MicroStrategy for its own title insurance, real estate and trust groups, running all its applications against a one-terabyte Oracle database.

“We selected MicroStrategy over competing products because of its outstanding scalability for large numbers of users and its superior capability to generate user-friendly reports with highly detailed analysis of granular-level data,” said the Vice President of Software Development for First American’s Interactive Division, Gus Tepper. “MicroStrategy is instrumental to our strategy to bring end users closer to the information they require.”

“MicroStrategy technology is focused on helping Fortune 500 companies provide better customer service, engender new efficiencies and identify revenue-generating opportunities,” said MicroStrategy’s COO Sanju K. Bansal. “With MicroStrategy’s easy-to-use Web interface and unparalleled scalability, leading companies are building business intelligence extranets that extend the benefits of the data warehouse to customers, suppliers and partners.”

Six of the top ten global financial institutions are MicroStrategy customers, using MicroStrategy for such critical applications as financial analysis and compliance, sales and trading, operations and fraud profiling and risk analysis.

About The First American Corporation

The First American Corporation is a Fortune 500 company that traces its history to 1889. As the nation’s largest data provider, the company supplies businesses and consumers with information resources in connection with the major economic events of people’s lives, such as getting a job; renting an apartment; buying a car, house, boat or airplane; securing a mortgage; opening or buying a business; and planning for retirement. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within six primary business segments including: Title Insurance and Services, Specialty Insurance, Mortgage Information, Property Information, Credit Information and Screening Information. With revenues of $6.21 billion in 2003, First American has 29,000 employees in approximately 1,800 offices throughout the United States and abroad. More information about the company and an archive of its press releases can be found at www.firstam.com.

About MicroStrategy Incorporated

Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

Page 50 of 67« First «...10 20 30...48 495051 52...60...»Last »

Latest Business Intelligence News

US Department of Education Expands use of MicroStrategy Business Intelligence Software

MicroStrategy Reports $0.67 GAAP Diluted EPS for Q2 2004

DuPont Crop Protection Products Italy selects MicroStrategy as Enterprise-Wide Business Intelligence Standard

MicroStrategy and IBM Deliver Joint Business Intelligence Solution

Manchester Airport Selects MicroStrategy For Airline Operations Reporting

RuffaloCODY Selects MicroStrategy Report Services for Enterprise Reporting and Analysis

The Banco de Espa

MicroStrategy Releases UNIX-Based, High Performance Business Intelligence Platform

Centers for Medicare & Medicaid Services Expands use of MicroStrategy Business Intelligence Software

First American Corporation’s Interactive Division Selects MicroStrategy’s Software for Extensive Deployment

Exclusive White Paper Offers

Featured Articles