Latest Business Intelligence News
MicroStrategy to Announce First Quarter 2002 Earnings on April 29, 2002
MicroStrategy (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, will announce earnings for the first quarter of 2002 and hold a conference call, which will include managementâ??s comments followed by a question-and-answer period.
USA (April 10, 2002) –
WHAT: MicroStrategy (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, will announce earnings for the first quarter of 2002 and hold a conference call, which will include management’s comments followed by a question-and-answer period.
WHEN: Monday, April 29, 2002 Earnings will be announced at approximately 4:30 PM EST; a conference call will follow at 5:30 PM EST.
WHO: Scheduled MicroStrategy speakers on the conference call:
Michael Saylor, Chairman and Chief Executive Officer Sanju Bansal, Vice Chairman and Chief Operating Officer Eric Brown, President and Chief Financial Officer
HOW: Domestically, dial 877-597-9704 and mention Michael Saylor as the chairperson prior to 5:30 p.m. EST, or for 48-hour playback access, dial 800-642-1687 and enter the conference ID 3797796. Internationally, dial 706-634-6550 and mention Michael Saylor as the chairperson prior to 5:30 p.m. EST, or for 48-hour playback, dial 706-645-9291 and enter the conference ID 3797796. For a live Webcast or replay of the call, visit — http://www.microstrategy.com/investor or http://www.streetevents.com for StreetEvents subscribers.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Built for the Internet: MicroStrategy 7 is the Scalable Business Intelligence Platform Built for the Internet(TM). Its pure-Web architecture provides Web reporting, security, performance and standards that are critical for Web deployment. Within intranets, MicroStrategy’s products provide employees with information to enable them to make better, more cost-effective business decisions. In extranets, enterprises can use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with over 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7 software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the timely release of the MicroStrategy 7i platform; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet 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
Hyundai Capital Services Aims to Increase Profitability with the MicroStrategy Business Intelligence Platform
Koreaâ??s Leading Credit Financial Services Company Chooses MicroStrategy 7 for its Superior Performance, Ease of Use and Pure Web Design
Seoul, Korea (April 08, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR) today announced that Hyundai Capital Services (www.capitalo.co.kr), one of Korea’s leading credit financial services firms, has selected the MicroStrategy Business Intelligence Platform(TM) to improve operations and increase profitability. Approximately 80 percent of Hyundai Capital Services’ total sales revenue currently comes from installment financing for automobiles. After deploying MicroStrategy, Hyundai Capital Services plans to expand its operations by introducing competitive products to the marketplace.
“Hyundai Capital Services expects to increase profitability and improve business operations with MicroStrategy business intelligence,” said Jang-Weon Kim, Data Warehouse Construction Team Manager at Hyundai Capital Services. “MicroStrategy’s platform offers the performance and Web-based functionality that no other business intelligence vendor can. The improved features in MicroStrategy 7(TM) will make it easier for a wide range of employees across branch locations and in our marketing function to run reports rapidly and perform ad-hoc analyses with ease.”
With MicroStrategy, Hyundai Capital Services’ employees across the enterprise will have the ability to monitor profitability and pricing by channel and program. Such analyses will reveal performance levels per salesperson, car brand and branch. End users can also use the MicroStrategy business intelligence applications to analyze customer activity, attract new customers and upsell to existing customers. This insight can be used to guide the company in releasing new products that have longer lifecycles. Hyundai Capital Services also intends to develop a better credit scoring model to evaluate the creditworthiness of new and existing customers.
About Hyundai Capital Services
Hyundai Capital Services, established in 1993, is one of Korea’s leading credit financial service companies. Hyundai Capital Services offers a wide range of products such as installment financing for automobile, mortgage, durables and personal loan, new business financing and so on. Hyundai Capital Services recently moved into the credit card business with its acqusition of Diners Card Korea to obtain greater dominance of the market and provide better service to customers. Hyundai Capital’s Dream Loan Pass, its newly launched loan card product, attracted over one million members in the first eight months and was selected ‘hit product of this year’ by Kyung Hyang Newspaper. Hyundai Capital also ranked first in Customer Satisfiaction, Employee Satisfaction, Operating Net Profit.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine recently selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Built for the Internet: MicroStrategy 7 is the Scalable Business Intelligence Platform Built for the Internet(TM). Its pure-Web architecture provides Web reporting, security, performance and standards that are critical for Web deployment. Within intranets, MicroStrategy’s products provide employees with information to enable them to make better, more cost-effective business decisions. In extranets, enterprises can use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with approximately 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7 software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the timely release of the MicroStrategy 7i platform; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet, MicroStrategy Web are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com
Source: MicroStrategy
Pitcairn Trust Deploys MicroStrategy Business Intelligence Platform to Strengthen Customer Relationships
Chosen Over Cognos, MicroStrategy Offers Pure Web Design, Superior Performance and Low Total Cost of Ownership
McLean, Va., (April 01, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, announced today that Pitcairn Trust, a privately held investment management and trust company, has deployed the MicroStrategy Business Intelligence Platform(TM) to gain greater insight into its customer relationships. The MicroStrategy platform anchors three business intelligence applications — portfolio holdings analysis, asset allocation analysis and customer-based financial analysis — that enable employees across the business to leverage transactional data about the company’s financial and customer account information and make more effective management decisions.
A wide range of Pitcairn employees, from personal financial managers to compliance officers to senior executives, rely on the MicroStrategy platform to target new customer accounts, identify significant net withdrawals or deposits, and monitor trends at a high level of abstraction while retaining the ability to drill down to a granular level of detail. For instance, employees can examine asset allocations across various asset classes for those clients who are in a certain age group and have accounts held in a trust or in an IRA (Individual Retirement Account). By having these business intelligence applications at their fingertips, employees are able to better understand their business drivers and make more effective decisions that strengthen customer relationships and increase profitability.
“The capabilities of the MicroStrategy Business Intelligence Platform are central to our work at Pitcairn,” said Dain Kistner, vice president of business intelligence at Pitcairn Trust. “Our review concluded that the MicroStrategy platform offers the most functionality for the price and the lowest total cost of ownership in the industry. Its scalability and performance are at least a year ahead of the competition. MicroStrategy is helping us uncover the drivers behind our success, and helping us take our business to the next level.”
About Pitcairn Trust
Pitcairn Trust is a privately held investment management and trust company serving affluent individuals, families, foundations and institutions. Pitcairn has $2.0 billion in assets under management, over 300 client relationships and is 100% owned by the Pitcairn family. For more information on the company, please visit Pitcairn’s Web site at http://www.pitcairn.com.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine recently selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Built for the Internet: MicroStrategy 7 is the Scalable Business Intelligence Platform Built for the Internet(TM). Its pure-Web architecture provides Web reporting, security, performance and standards that are critical for Web deployment. Within intranets, MicroStrategy’s products provide employees with information to enable them to make better, more cost-effective business decisions. In extranets, enterprises can use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with approximately 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7 software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the timely release of the MicroStrategy 7i platform; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet, MicroStrategy Web are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com
Source: MicroStrategy
Leading Northeast Companies Harnessing MicroStrategy’s Business Intelligence Software
32 Sales in 2001â??s Last Two Quarters — Worth Over $8.4 Million
MCLEAN, Va., (March 28, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that in the last half of 2001 it secured 32 new sales with Northeast companies who will utilize the MicroStrategy 7(TM) Business Intelligence Platform(TM) to help “drive efficiency, productivity and customer relations.” These sales were in New York, Pennsylvania, New Jersey, Connecticut and Delaware to both new and existing customers, who purchased over $8.4 million in MicroStrategy software and services. The sales roster included AT&T, Chase Manhattan Bank, Estee Lauder, KeySpan, GlaxoSmithKline, Unilever Cosmetics, Quintiles, TVG and Fair, Isaac & Co.
“KeySpan depends on the intelligent alerting capabilities of the MicroStrategy Business Intelligence Platform to ensure homeowners and businesses throughout New York have enough energy to heat their homes and offices and run their hot water heaters,” said Joan Hughes, section manager, IT sales, marketing and corporate data warehouse at KeySpan. “MicroStrategy software monitors the energy usage patterns of all of our customers and sends intelligent alerts if there is a disparity. The MicroStrategy Business Intelligence Platform provides the scalability and world-class system availability we need to support our most mission-critical business intelligence applications.”
Business Intelligence Software – “Increasingly Critical” Technology with “Wide Utility”
“Our success in securing more sales in the Northeast area is testament to the increasingly critical role and wide utility of business intelligence software and to the sophisticated capabilities of MicroStrategy’s software,” said MicroStrategy’s Vice Chairman and COO Sanju Bansal.
“Too many companies have become data-volume-rich but data-insight-poor,” Bansal continued. “Our enterprise-class software offers companies the capabilities to make much fuller use of their data, to gain vital new intelligence from it, and to make proactive decisions that can drive efficiency, productivity and customers relations. We’re expanding access to high-end business intelligence by taking data that was once the province of a few IT specialists and turning it into valuable, actionable insight that can benefit an entire company.”
Bansal added: “Later this spring, we expect to solidify our leadership position with the release of the first truly integrated, enterprise-class business intelligence software platform (7i) – offering one-stop shopping for business intelligence that’s easier to deploy, easier to access, easier to use.”
An independent survey by Survey.com last August found that MicroStrategy’s customers purchase more software licenses on average than the customers of its competitors; are most likely to purchase additional licenses; are least likely to defect to competitors; and are most likely to standardize with the technology deploy via the Web, and have large databases.
Also last August, PC Magazine, a Ziff Davis Media publication, selected MicroStrategy 7 as its “Editors’ Choice” for business intelligence software in a review of business intelligence software. MicroStrategy 7, the Scalable Business Intelligence Platform Built for the Internet(TM), outperformed its competition and was given the highest rating of four stars in this report, which included Cognos® Business Intelligence Platform, Brio® Enterprise 6.2.2, and Crystal® Enterprise 8.0, each of which received a 3-star rating.
MicroStrategy’s customers now include nine of the top ten Fortune 500 communications companies; 15 of the top 24 Global 500 communications companies; six of the top ten Fortune 500 retailers; seven of the top ten diversified Fortune 500 financial firms; six of the top ten Fortune 500 pharmaceutical companies; and three of the top five Fortune 500 insurers.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine recently selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Built for the Internet: MicroStrategy 7 is the Scalable Business Intelligence Platform Built for the Internet(TM). Its pure-Web architecture provides Web reporting, security, performance and standards that are critical for Web deployment. Within intranets, MicroStrategy’s products provide employees with information to enable them to make better, more cost-effective business decisions. In extranets, enterprises can use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with approximately 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7 software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the timely release of the MicroStrategy 7i platform; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet 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
The University of Miami Relies on MicroStrategy to Drive Admissions and Enrollment Decisions
MicroStrategy Selected for its Superior Web Presentation and Ease of Use
McLEAN, Va., (March 21, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the University of Miami is using the MicroStrategy Business Intelligence Platform(TM) to gain insight into its academic environment and student population and drive decision-making on admissions and enrollment processes. The University of Miami, which offers a wide selection of academic disciplines from accounting to women’s studies, is comprised of fourteen schools and colleges and has approximately 14,500 enrolled students and 2,160 new freshmen.
“MicroStrategy software provides the University of Miami with an innovative way to organize and share information about our students, and drive our admissions and enrollment decisions,” said Mary Sapp, executive director of planning and institutional research at the University of Miami. “With MicroStrategy, we can easily pull up reports about our current student body or applicant pool and make important decisions on admissions acceptances and enrollment questions.”
The University of Miami is using MicroStrategy Web(TM) to analyze its student data in order to get a better profile of its applicant pool and existing student body. End users across the various schools and colleges are able to run reports that examine demographic data, standardized test scores and other admissions and enrollment-related information to make critical admissions and enrollment decisions. Analysis of the data can be done across the student body or at the individual level, with student-specific identifiers removed to ensure individual privacy. The institution is currently developing two additional business intelligence applications – financial and human resources – that it will deploy on the MicroStrategy platform in the near future.
About the University of Miami
The University of Miami is the largest, most comprehensive private research university in the southeastern United States with a well-earned reputation for academic excellence. Approximately 14,500 undergraduate and graduate students from every state and more than 100 nations around the world call UM home during the academic semesters. The University has grown from its main location in the City of Coral Gables to the medical campus located in Downtown Miami, the Rosenstiel School of Marine and Atmospheric Science on Virginia Key, the John J. Koubek Center in Little Havana, the James L. Knight Center in Downtown Miami, and the South and Richmond campuses in southwest Miami-Dade county. With more than 9,000 full-time faculty and staff, UM is the second largest private employer in Miami-Dade County.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine recently selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Built for the Internet: MicroStrategy 7 is the Scalable Business Intelligence Platform Built for the Internet(TM). Its pure-Web architecture provides Web reporting, security, performance and standards that are critical for Web deployment. Within intranets, MicroStrategy’s products provide employees with information to enable them to make better, more cost-effective business decisions. In extranets, enterprises can use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with approximately 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward-looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7 software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet, MicroStrategy Web are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com
Source: MicroStrategy
DC-Area Companies & Federal Agencies Selecting MicroStrategy’s Business Intelligence Software
New Sales Roster Includes Verizon, Fannie Mae, FHA & IRS
MCLEAN, Va., (March 20, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that in the last half of 2001 it secured 22 new sales with Washington, DC-area companies and federal government agencies who will utilize the MicroStrategy 7(TM) Business Intelligence Platform(TM) to help “drive efficiency, productivity and customer relations.” These sales were to both new and existing customers, who purchased over $1.2 million in MicroStrategy software and services. The sales list included Fannie Mae, Verizon, Federal Highway Administration (FHA), U.S. House of Representatives, Centers for Medicare & Medicaid Services, VeriSign, Inc., U.S. Internal Revenue Service (IRS) and Inchcape Shipping.
Business Intelligence Software – “Increasingly Critical” Technology with “Wide Utility”
“Our success in securing more sales in the DC-Maryland-Virginia area is testament to the increasingly critical role and wide utility of business intelligence software and to the sophisticated capabilities of MicroStrategy’s software,” said MicroStrategy’s Vice Chairman and COO Sanju Bansal.
“Too many companies have become data-volume-rich but data-insight-poor,” Bansal continued. “Our enterprise-class software offers companies and organizations the capabilities to make much fuller use of their data, to gain vital new intelligence from it, and to make proactive decisions that can drive efficiency, productivity and customers relations. We’re expanding access to high-end business intelligence by taking data that was once the province of a few IT specialists and turning it into valuable, actionable insight that can benefit an entire organization.”
Bansal added: “Later this spring, we expect to solidify our leadership position with the release of the first truly integrated, enterprise-class business intelligence software platform (7i) – offering one-stop shopping for business intelligence that’s easier to deploy, easier to access, easier to use.”
An independent survey by Survey.com last August found that MicroStrategy’s customers purchase more software licenses on average than the customers of its competitors; are most likely to purchase additional licenses; are least likely to defect to competitors; and are most likely to standardize with the technology deploy via the Web, and have large databases.
Also last August, PC Magazine, a Ziff Davis Media publication, selected MicroStrategy 7 as its “Editors’ Choice” for business intelligence software in a review of business intelligence software. MicroStrategy 7, the Scalable Business Intelligence Platform Built for the Internet(TM), outperformed its competition and was given the highest rating of four stars in this report, which included Cognos® Business Intelligence Platform, Brio® Enterprise 6.2.2, and Crystal® Enterprise 8.0, each of which received a 3-star rating.
MicroStrategy’s customers now include nine of the top ten Fortune 500 communications companies; 15 of the top 24 Global 500 communications companies; six of the top ten Fortune 500 retailers; seven of the top ten diversified Fortune 500 financial firms; six of the top ten Fortune 500 pharmaceutical companies; and three of the top five Fortune 500 insurers.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine recently selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Built for the Internet: MicroStrategy 7 is the Scalable Business Intelligence Platform Built for the Internet(TM). Its pure-Web architecture provides Web reporting, security, performance and standards that are critical for Web deployment. Within intranets, MicroStrategy’s products provide employees with information to enable them to make better, more cost-effective business decisions. In extranets, enterprises can use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with approximately 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7 software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the timely release of the MicroStrategy 7i platform; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet 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
California Companies Selecting MicroStrategy’s Business Intelligence Software
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that in the last half of 2001 it secured 42 new sales in California with companies who will utilize its MicroStrategy 7â?¢ Business Intelligence Platformâ?¢ to help â??drive e
MCLEAN, Va., (March 14, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that in the last half of 2001 it secured 42 new sales in California with companies who will utilize its MicroStrategy 7(TM) Business Intelligence Platform(TM) to help “drive efficiency, productivity and customer relations.” These sales were to both new and existing customers, who purchased over $1.8 million in MicroStrategy software and services. The sales list included such diverse companies as 21st Century Insurance, Carl Warren and Company, Century Theatres, Hotwire, Raley’s Supermarkets & Drug Centers, WFS Financial, Yodlee, and Visa International.
“MicroStrategy offers a business intelligence platform that solves our query and reporting needs — regardless of the hardware platform we utilize — and provides our employees with real-time insight into our daily operations for rapid and effective decision-making,” said Tom Jones, CIO at Raley’s Supermarkets & Drug Centers. “MicroStrategy works with us like a true partner and its technical support and consulting services continue to be outstanding.” Headquartered in West Sacramento, CA, Raley’s employs more than 17,000 and has revenues approaching $3 billion.
Business Intelligence Software – “Increasingly Critical” Technology with “Wide Utility”
“Our success in securing more sales in California is testament to the increasingly critical role and wide utility of business intelligence software and to the sophisticated capabilities of MicroStrategy’s software,” said MicroStrategy’s Vice Chairman and COO Sanju Bansal.
“Too many companies have become data-volume-rich but data-insight-poor,” Bansal continued. “Our enterprise-class software offers companies the capabilities to make much fuller use of their data, to gain vital new intelligence from it, and to make proactive decisions that can drive efficiency, productivity and customers relations. We’re extending high-end business intelligence enterprise-wide by taking data that was once the province of a few IT specialists and turning it into valuable, actionable insight that can benefit the entire company.”
Bansal added: “Later this spring, we expect to solidify our leadership position with the release of the first truly integrated, enterprise-class business intelligence software platform (7i) – offering one-stop shopping for business intelligence that’s easier to deploy, easier to access, easier to use.”
An independent survey by Survey.com last August found that MicroStrategy’s customers purchase more software licenses on average than the customers of its competitors; are most likely to purchase additional licenses; are least likely to defect to competitors; and are most likely to standardize with the technology deploy via the Web, and have large databases.
Also last August, PC Magazine, a Ziff Davis Media publication, selected MicroStrategy 7 as its “Editors’ Choice” for business intelligence software in a review of business intelligence software. MicroStrategy 7, the Scalable Business Intelligence Platform Built for the Internet(TM), outperformed its competition and was given the highest rating of four stars in this report, which included Cognos® Business Intelligence Platform, Brio® Enterprise 6.2.2, and Crystal® Enterprise 8.0, each of which received a 3-star rating.
MicroStrategy’s customers now include nine of the top ten Fortune 500 communications companies; 15 of the top 24 Global 500 communications companies; six of the top ten Fortune 500 retailers; seven of the top ten diversified Fortune 500 financial firms; six of the top ten Fortune 500 pharmaceutical companies; and three of the top five Fortune 500 insurers.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine recently selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Built for the Internet: MicroStrategy 7 is the Scalable Business Intelligence Platform Built for the Internet(TM). Its pure-Web architecture provides Web reporting, security, performance and standards that are critical for Web deployment. Within intranets, MicroStrategy’s products provide employees with information to enable them to make better, more cost-effective business decisions. In extranets, enterprises can use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with approximately 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7 software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the timely release of the MicroStrategy 7i platform; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet 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
MicroStrategy Will Sponsor TV Program for Alzheimer’s Family Day Center
â??10 at 12â? Show , Airing in May, Will Educate Viewers on Alzheimerâ??s Disease, Caregiving & Support Group Benefits
McLEAN, Va., (March 12, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, will sponsor an hour-long live TV program for the Alzheimer’s Family Day Center (AFDC), a not-for-profit organization located in Falls Church, Virginia. The program, Caregivers: The Second Patients of Alzheimer’s Disease, will air in May 2002 on Washington, DC-area cable-TV Channel 10, in honor of “Older Americans Month.” The “10 at 12” show will provide information on the benefits of attending support groups and will give homebound caregivers an opportunity to call in with questions about Alzheimer’s disease and caregiving issues.
“We’re very happy to support AFDC through this sponsorship,” said MicroStrategy’s Vice Chairman and COO Sanju Bansal. “While Alzheimer’s type illnesses devastate the individuals who are diagnosed, there are also major health implications for the families who provide 24-hour-a-day care for their loved ones. AFDC is doing great work to help both those diagnosed and their families deal with this illness.”
AFDC was established in 1984 to benefit people who were not being served by existing community resources, specifically people in the middle and late stages of dementia or those with behavior problems or incontinence.
“Over the years we have recognized that caregivers are often reluctant to seek help for themselves and yet the stress of 24-hour-a-day care often leaves them “sicker” than the person who has been diagnosed,” Dr. Lin Noyes, clinical director at AFDC said. “We are grateful to MicroStrategy for helping us reach homebound caregivers and give them the opportunity to learn strategies to stay healthier.”
To date, more than 900 families have been served in AFDC’s dementia-specific adult day care center, and thousands of others have participated in its support groups, training and health education. AFDC is the only day center in the DC area to provide services for people in the late stages of Alzheimer’s disease. “MicroStrategy’s philanthropy and commitment to AFDC is an excellent example of how corporations can enhance the quality of life for people in this community,” said Blair Blunda, RN, MA and executive director of AFDC. “They are to be commended for supporting families facing the challenges of Alzheimer’s disease.”
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine recently selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Built for the Internet: MicroStrategy 7 is the Scalable Business Intelligence Platform Built for the Internet(TM). Its pure-Web architecture provides Web reporting, security, performance and standards that are critical for Web deployment. Within intranets, MicroStrategy’s products provide employees with information to enable them to make better, more cost-effective business decisions. In extranets, enterprises can use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with approximately 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
MicroStrategy, MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet 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
MicroStrategy Completes Oracle9i Database Certification with No Application Changes
MicroStrategy 7 Platform Certified to Work with Oracle9i Database
McLEAN, Va., (March 08, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the MicroStrategy Business Intelligence Platform(TM) has been certified to work with Oracle9i(TM) Database, the industry-leading database that provides the scalability and availability needed for packaged applications. Using Oracle9i Real Application Clusters (RAC), MicroStrategy 7(TM) successfully certified the MicroStrategy Business Intelligence Platform for Oracle9i Database – with no application changes.
As a market leader in the business intelligence industry, MicroStrategy tested its platform at Oracle’s Enterprise Technology Center and successfully completed the Oracle9i RAC certification process in 2001. Using Oracle9i RAC, MicroStrategy 7 and its individual components worked right out-of-the-box with no application or code changes.
“This certification is an important validation of our business intelligence platform,” said Sanju K. Bansal, chief operating officer of MicroStrategy Incorporated. “Oracle9i software products are aligned with our vision to help organizations become more efficient and to ensure operations run in a cost-effective manner. We look forward to continue working with Oracle to develop fast-performing, reliable business intelligence applications that meet our customers’ needs.”
For more information on how MicroStrategy 7 works with Oracle9i Database, please visit http://www.oracle.com/ip/deploy/database/9i/profiles/microstrategy.html.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine recently selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Built for the Internet: MicroStrategy 7 is the Scalable Business Intelligence Platform Built for the Internet(TM). Its pure-Web architecture provides Web reporting, security, performance and standards that are critical for Web deployment. Within intranets, MicroStrategy’s products provide employees with information to enable them to make better, more cost-effective business decisions. In extranets, enterprises can use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with approximately 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7 software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the timely release of the MicroStrategy 7i platform; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com
Source: MicroStrategy
Tokyo-Based Kao Hanbai Selects the MicroStrategy Business Intelligence Platform
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, and MicroStrategy-distributor JMA Systems today announced that Kao Hanbai, a subsidiary of Kao Corporation, has selected the MicroStrategy Business Intelligence Platform�.
McLean, Va., (March 04, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, and MicroStrategy-distributor JMA Systems today announced that Kao Hanbai, a subsidiary of Kao Corporation, has selected the MicroStrategy Business Intelligence Platform(TM). A subsidiary of Kao Corporation, Kao Hanbai will use MicroStrategy 7(TM) to perform credit risk management analysis and track sales activity.
Kao Hanbai sought a business intelligence platform that could meet a wide range of end user requirements and allow its employees to perform intuitive query and reporting analyses via a standard Web browser. “During the evaluation process, we ranked MicroStrategy 7 first over its competitors for its intuitive Web-based interface, fast performance, easy maintainability and overall lower total cost of ownership,” said a spokesperson at Kao Hanbai. “We expect MicroStrategy will become Kao Corporation’s enterprise-wide business intelligence standard.”
“MicroStrategy 7’s superior scalability, rapid development and deployment and Web-based architecture are some of the reasons why our distributors and customers continue to strongly endorse the platform,” said Sanju K. Bansal, chief operating officer at MicroStrategy Incorporated. “We’re delighted that Kao Hanbai has chosen the MicroStrategy Business Intelligence Platform to gain insight into the different areas of its business.”
About Kao Corporation
Kao is a leading manufacturer of daily use products that all contribute to consumers’ lives by promoting “cleanliness,” “beauty” and “health.” The Company has also earned a reputation as a quality manufacturer of chemical products and handles a range of fatty chemicals and specialty chemicals. Committed to a global approach to business, Kao has operations in 26 countries in Asia, North America, Europe and other parts of the world.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine recently selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Built for the Internet: MicroStrategy 7 is the Scalable Business Intelligence Platform Built for the Internet(TM). Its pure-Web architecture provides Web reporting, security, performance and standards that are critical for Web deployment. Within intranets, MicroStrategy’s products provide employees with information to enable them to make better, more cost-effective business decisions. In extranets, enterprises can use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with approximately 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and application development and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its MicroStrategy 7 software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the timely release of the MicroStrategy 7i platform; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.
Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com
Source: MicroStrategy