Category: Internet

TSA Designates MicroStrategy-based Performance Information Management System as New Agency Standard

System Identified Efficiencies Resulting in Estimated Cost Savings of More Than $100 Million

McLean, Va., (July 23, 2008) –

MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence software, today announced that the Transportation Security Administration (TSA) has designated the MicroStrategy-based Performance Information Management System (PIMS) as its aviation operations standard. This distinction allows TSA to leverage best practice performance standards using PIMS. PIMS is the TSA business intelligence system used to analyze and disseminate information about threat reduction programs to counter potential threats to people, cargo, and commerce across the TSA.

Leveraging MicroStrategy’s Business Intelligence Platform(TM), PIMS collects, analyzes, and reports passenger and baggage screening data and provides operational performance metrics, such as wait times at selected airports and screening equipment utilization. PIMS is also used to analyze payroll data, TSA staff utilization, and passenger complaints and compliments.

TSA uses PIMS to run over 1,000,000 reports per year across its user base of 12,000 employees. TSA headquarters and field executive employees use PIMS to streamline operations as well as validate security trends, uncover potential threats, and promptly resolve issues.

PIMS is the source of the Management Objectives Report (MOR) scorecard, and is used by executives within TSA to monitor performance and adherence to goals for every airport in the nation. The inception and implementation of this scorecard has identified efficiencies that resulted in an estimated savings/cost avoidance of $100 million for TSA in FY07/FY08.

“PIMS is an exciting business intelligence application that has had a far-reaching impact on the nation’s security,” said MicroStrategy’s COO Sanju Bansal. “We are extremely proud that our business intelligence platform is helping TSA personnel to streamline the management of agency performance. With access to reliable and timely information, PIMS users have enhanced visibility into operations to help them make fact-based decisions driven by data.”

About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.

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

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

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy Congratulates Guy Carpenter on TDWI Best Practices Award for Excellence in Business Intelligence

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence (BI) software, today congratulates its customer, Guy Carpenter & Company, LLC, on receiving the 2008 Best Practices Award from The Data Warehousing Institute (TDWI)

McLean, Va., (July 09, 2008) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence (BI) software, today congratulates its customer, Guy Carpenter & Company, LLC, on receiving the 2008 Best Practices Award from The Data Warehousing Institute (TDWI). Guy Carpenter received the award in the Radical BI category for its online risk management platform, i-aXs®. Guy Carpenter & Company, LLC is the world’s leading risk and reinsurance specialist and a part of the Marsh & McLennan Companies.

Guy Carpenter uses MicroStrategy’s business intelligence software, along with mapping technology, to provide its insurance company clients with a highly visual and intuitive display of natural or manmade event data. The i-aXs platform offers a suite of easy-to-use Web-enabled tools that help insurers view and better understand complex risk exposure information. Users can log on and view maps; run MicroStrategy reports; monitor key disaster, terrorism, and catastrophe information; and create new models by invoking MicroStrategy reports to drive analytics.

“We are delighted to receive this prestigious award from TDWI,” said Shajy Mathai, a Managing Director of Guy Carpenter. “The integration of business intelligence and location intelligence is highly useful to our clients, giving them a comprehensive picture of risk exposure.”

“We congratulate Guy Carpenter on this award and its innovative use of business intelligence,” said Sanju Bansal, MicroStrategy’s COO. “We are pleased that MicroStrategy software is a critical component of this risk management application, enabling users to run reports and analyze complex data sets to make educated business decisions.”

TDWI’s Best Practices Awards program is designed to identify and honor companies that have demonstrated excellence in developing, deploying, and maintaining BI and Data Warehouse (DW) applications. Winners are chosen by a panel of independent judges who have expertise in BI and DW.

About Guy Carpenter
Guy Carpenter & Company, LLC is the world’s leading risk and reinsurance specialist and a part of the Marsh & McLennan Companies. With 50 offices worldwide, Guy Carpenter creates and executes reinsurance solutions and delivers capital market solutions* for clients across the globe. The firm’s full breadth of services includes line of business expertise in Agriculture; Aviation; Casualty Clash; Construction and Engineering; Excess and Umbrella; Life, Accident and Health; Marine; Medical; Political Risk and Trade Credit; Professional Liability; Property; Retrocessional Reinsurance; Surety; Terrorism and Workers Compensation. GCFac® is Guy Carpenter’s dedicated global facultative reinsurance unit that provides placement strategies, timely market access and centralized management of facultative reinsurance solutions. In addition, Guy Carpenter’s Instrat® unit utilizes industry-leading quantitative skills and modeling tools that optimize the reinsurance decision-making process and help make the firm’s clients more successful. Guy Carpenter’s website address is www.guycarp.com.

* Securities or investments, as applicable, are offered in the United States through GC Securities, which is a division of MMC Securities Corp., a US registered broker-dealer and member FINRA/SIPC. Main Office: 1166 Avenue of the Americas, New York, NY 10036. Phone: (212) 345-5000. Advice on securities or investments in the European Union is provided through GC Securities Ltd., authorized and regulated in the UK by the Financial Services Authority. Reinsurance products are placed through qualified affiliates of Guy Carpenter & Company, LLC. MMC Securities Corp., GC Securities Ltd. and Guy Carpenter & Company, LLC are affiliates owned by Marsh & McLennan Companies. This communication is not intended as an offer to sell or a solicitation of any offer to buy any security, financial instrument, reinsurance or insurance product.

About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.

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

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

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy Symposium in New York City to Showcase Business Intelligence Best Practices

Event to Feature Customer Speakers from AutoTrader.com, Con-way Freight, Corporate Express, GUESS?, Inc., Guy Carpenter, H&R Block Financial Advisors, and VHA

McLean, Va., (June 26, 2008) –

MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that it will host its Business Intelligence Symposium, July 22-23, 2008, at the New York Marriott Marquis Hotel in New York City. The Symposium will offer a broad range of educational sessions and customer presentations featuring best practices in business intelligence.

Attendees will have the opportunity to interact with BI experts and hear how successful organizations use BI software to improve decision making and enhance business performance. The Symposium will feature presentations from MicroStrategy customers sharing their BI strategies and lessons learned in deploying business intelligence applications in their organizations. Some of the companies scheduled to present include AutoTrader.com, Con-way Freight, Corporate Express, GUESS?, Inc., Guy Carpenter, H&R Block Financial Advisors, and VHA.

MicroStrategy product managers and engineers will demonstrate advanced BI development techniques and the latest advances in the MicroStrategy platform, including MicroStrategy Dynamic Enterprise Dashboards(TM), MicroStrategy Mobile(TM), and MicroStrategy Integrity Manager(TM). Participants can also schedule a one-hour consultation, at no charge, with a member of the MicroStrategy Technical Advisory Services Team to discuss their most challenging BI issues.

In conjunction with the New York Symposium, MicroStrategy will host two Industry Forums. These half-day sessions will bring together industry representatives to participate in roundtable discussions on timely topics and share strategies for using business intelligence to solve industry challenges. The Financial Services Industry Forum will be held on Tuesday, July 22, and the Retail Industry Forum will be held on Wednesday, July 23.

“These MicroStrategy events have been highly successful in providing participants with a collaborative venue where they can share best practices, learn practical new ideas, and network with other BI professionals,” said Sanju Bansal, MicroStrategy COO. “We look forward to bringing the Business Intelligence Symposium back to New York City.”

To learn more about the MicroStrategy Business Intelligence Symposium in New York City, visit www.microstrategy.com/BISymposiumNYC2008

About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.

MicroStrategy, MicroStrategy Dynamic Enterprise Dashboards, MicroStrategy Integrity Manager, MicroStrategy Mobile are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

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

Source: MicroStrategy

Tags: MicroStrategy

ITWorx Signs Global Consulting Agreement with MicroStrategy

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that ITWorx has signed a global consulting agreement with MicroStrategy. ITWorx, the largest professional services firm headquartered in Egypt, offers Portals, Business I

McLean, Va., (June 18, 2008) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that ITWorx has signed a global consulting agreement with MicroStrategy. ITWorx, the largest professional services firm headquartered in Egypt, offers Portals, Business Intelligence, SOA, and Application Development Outsourcing services to Global 2000 companies.

Under the new agreement, ITWorx plans to train and certify its consultants on the MicroStrategy Business Intelligence Platform(TM). The agreement will enable ITWorx to use MicroStrategy software for development and demonstration purposes, and to promote MicroStrategy-based solutions to its enterprise customers. ITWorx, which operates in the Middle East, North America, and Europe, delivers solutions to financial service firms, telecommunications operators, educational institutions, and ISVs.

“MicroStrategy is a leader in the business intelligence arena and we are pleased to introduce the benefits of MicroStrategy’s proven solutions to our customers,” said Hafez Hamdy, Marketing Director, ITWorx. “MicroStrategy’s integrated BI platform and wide range of reporting and analytical capabilities are well-suited for our enterprise customers, who are continually seeking to gain greater business insights from their large volumes of data.”

“We are delighted to add ITWorx to our portfolio of global services partners,” said Sanju Bansal, MicroStrategy’s COO. “This agreement will extend our global reach and we look forward to identifying new business opportunities with ITWorx.”

About ITWorx
ITWorx is the largest software professional services firm in Egypt. The company offers Portals, Business Intelligence, SOA and Application Development Outsourcing services to Global 2000 companies. ITWorx serves Financial Service firms, Educational institutions, Telecommunication operators and ISVs in North America, Europe and the Middle East. For further information please visit www.itworx.com

About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.

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

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

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy Celebrates 10-Year Anniversary as Public Company

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that it will celebrate its 10-year anniversary as a public company on June 11, 2008. MicroStrategy Chairman and CEO, Michael Saylor, will ring the Opening Bell at NASDAQ

McLean, Va., (June 10, 2008) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that it will celebrate its 10-year anniversary as a public company on June 11, 2008. MicroStrategy Chairman and CEO, Michael Saylor, will ring the Opening Bell at NASDAQ to commemorate the occasion.

MicroStrategy first entered the business intelligence industry in 1989, and has since competed with more than 50 other business intelligence vendors. Over the years, many of those companies have been bought, sold, or shut down, including Information Resources, Applix, STG, Brio, Crystal, ProClarity, Alphablox, Outlooksoft, Informix, and Metaphor. In 2007, more than $15 billion in business intelligence mergers and acquisitions were announced, with Oracle, SAP, and IBM acquiring Hyperion, Business Objects, and Cognos, respectively. Today, MicroStrategy stands as the leading independent provider of open systems business intelligence software.

Since 1998, MicroStrategy’s annual revenues have grown from $96 million to $351 million and the number of employees has increased from 907 to 1,582. Today, the company has direct operations in more than 20 countries. MicroStrategy’s technology and leadership have earned many accolades over the years, including recent recognition in Forbes 200 Best Small Companies in America list and a position in the ‘Leaders’ Quadrant of Gartner’s 2008 Magic Quadrant for Business Intelligence Platforms Report.

MicroStrategy’s business intelligence software is used by thousands of companies, including industry leaders such as Lowe’s Companies, Yahoo!, H&R Block, Ryder, Hard Rock International, Corporate Express, Starwood Hotels & Resorts Worldwide, and Starbucks. Companies with vast amounts of data and large user populations rely on MicroStrategy to report on and analyze their data to make analytically-based business decisions.

“We are proud of our company’s steady growth over the past decade and our strong position in the BI industry today,” remarked Saylor. “We are excited about leveraging our strengths as an independent business intelligence company. MicroStrategy remains keenly focused on delivering the best business intelligence architecture and products, and providing a high level of service to our customers.”

About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.

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

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

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy’s Business Intelligence Platform Brings Greater Benefits to Control Point Solutions’ Clients

Control Point Solutions, Inc., (www.controlpointsolutions.com), the Worldâ??s Largest Manager Of Telecom Expenseâ?¢, announced the unveiling of its newest reporting system upgrade today. The enhanced web-based reporting system utilizes the MicroStrategy Business Intelligence Platformâ?¢, which will

Rutherford, NJ., (June 04, 2008) –

Control Point Solutions, Inc., (www.controlpointsolutions.com), the World’s Largest Manager Of Telecom Expense(TM), announced the unveiling of its newest reporting system upgrade today. The enhanced web-based reporting system utilizes the MicroStrategy Business Intelligence Platform(TM), which will enable users to analyze large volumes of data for greater insights and improved decision making.

“The powerful MicroStrategy platform delivers enhanced analytics at both an executive as well as a granular level,” Bob McMullan, CEO of Control Point, stated. “These potent analytical capabilities accessed via the web will save our clients both time and resources, as well as provide depth of visibility to monitor and control telecom expenses for better financial savings. Telecom data is extremely detailed; and our latest enhancement increases the ability to quickly obtain ‘at-a-glance’ summaries as well as drill down capabilities and modeling. This allows users to analyze key information including inventory and billing details for all types of Telecom spend – whether it’s voice, data or wireless; for charges at an entire location all the way down to the USOC billing for a specific service component whether at the consolidated or business unit levels.”

“We are delighted that Control Point selected MicroStrategy to support their Telecommunications Expense Management BI applications,” said Sanju Bansal, MicroStrategy’s COO. “The MicroStrategy platform has the scalability and flexibility to analyze large volumes of complex and detailed Telecom Inventory and Expense data. With the addition of MicroStrategy, Control Point’s clients can gain timely insights into their overall Telecom program to enhance decision making.”

“We’re very excited about this release,” McMullan added, “because it brings industrial strength, world-class business intelligence to our clients’ business users, and sets a new standard for TEM reporting with the seamless integration of reporting and analysis. This ability to improve our data mining capabilities is another example of our ongoing commitment to continually improve our service offering, and continue to drive client satisfaction.”

About Control Point Solutions
Control Point Solutions, Inc., founded 20 years ago, is the World’s Largest Manager of Telecom Expense(TM); providing voice, data, and wireless Telecommunications Expense Management (TEM) services with billions of telecom expenses processed and millions of dollars in disputes resolved – resulting in refunds and recurring financial, time and resource savings for our clients. www.controlpointsolutions.com (800-933-5429.)

About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.

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

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

Source: MicroStrategy

Tags: MicroStrategy

MicroStrategy Congratulates Ahold on Top Business Intelligence Award at BI-Congress

Long-time MicroStrategy Customer Recognized as â??Smartest Organization in the Netherlandsâ??

McLean, Va., (May 28, 2008) –

MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today congratulates its customer, Ahold, for receiving the top Business Intelligence Award at the BI-Congress in the Netherlands. Albert Heijn, a supermarket division of Ahold, was named ‘the smartest organization in the Netherlands’ for its enterprise-wide business intelligence environment. Netherlands-based Ahold uses MicroStrategy to conduct sales and customer analyses at its Albert Heijn supermarkets and other Ahold holdings in Europe and the United States.

In selecting the award winner, more than 120 companies were researched on 60 different topics considered key elements in creating an intelligent organization. Albert Heijn uses business intelligence across its 750 stores in areas including merchandising, logistics, marketing, replenishment, store operations, supply chain, transaction reporting, and customer satisfaction.

Approximately 3,000 employees at Albert Heijn use MicroStrategy to analyze more than 18 terabytes of data, running 150,000 reports each week. Albert Heijn also provides an extranet for suppliers to run daily sales analyses, and its customers can shop online and review their purchase history for the previous three months.

“We are pleased to receive this prestigious award recognizing our best practices in business intelligence,” said Egbert Dijkstra, Director of Business Intelligence, Ahold Europe. “Information is a valued corporate asset at Ahold, and MicroStrategy’s BI software has helped us to gain better and faster business insights, giving us a competitive edge.”

“Ahold has been a MicroStrategy customer for many years, and we are delighted that they received this award for their exceptional use of business intelligence,” said Sanju Bansal, MicroStrategy’s COO. “MicroStrategy is well-suited to handle the millions of cash register transactions each week from Albert Heijn stores, enabling users to conduct detailed sales and customer analyses to make data-driven decisions.”

About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.

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

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

Source: MicroStrategy

Tags: MicroStrategy

Carpio to Resell MicroStrategy Software

Alliance Brings Together Complementary Technologies for Business Intelligence and Corporate Performance Management

McLean, VA and Cary, NC (May 20, 2008) –

MicroStrategy, a leading worldwide provider of business intelligence (BI) software, and Carpio, a global provider of CPM and BI solutions, today announced that Carpio has become an authorized Global reseller of the MicroStrategy Business Intelligence Platform(TM).

Carpio will provide MicroStrategy’s business intelligence software to its global client base and utilize MicroStrategy as part of its BI services offering. The integration of MicroStrategy’s BI platform and Carpio’s GesFin planning software into a combined solution enables the delivery of CPM functionality with advanced BI visualizations, providing end users with improved decision making capabilities.

“We are pleased to have Carpio incorporate MicroStrategy software into their offering,” said Sanju Bansal, MicroStrategy’s chief operating officer. “Carpio provides an out of the box CPM application that tightly integrates the MicroStrategy Business Intelligence Platform.”

“In addition to our CPM product and related services, Carpio has established a dedicated MicroStrategy BI practice to expand the scope of our offerings,” adds Marco Fregenal, chief executive officer of Carpio. “Our BI service delivery centers will tackle large MicroStrategy BI and CPM projects. Using our dual shore delivery model, infrastructure, and blended resource teams from the US and Latin America, we can offer services and turnkey solutions at the best possible value to our joint customers.”

About Carpio
Carpio is a global provider of CPM and BI solutions headquartered in Research Triangle Park with global operations in USA, Brazil, Mexico and Panama. Carpio is focused on delivering operational and financial efficiencies through its specialized software and service offerings. Carpio’s CPM software products improve budgeting, planning, forecasting, modeling, consolidation, and reporting. Carpio also provides a wide range of IT services via its Dual Shore delivery approach to implement the highest quality solutions at the lowest possible cost. Carpio’s service practice areas include CPM, BI, ERP, Custom Solution Development, and Business Process Outsourcing. For more information, please visit www.carpio.com.

About MicroStrategy
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy is available at www.microstrategy.com.

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

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

Source: MicroStrategy

Tags: MicroStrategy

ChoHung Bank Selects MicroStrategy for Enterprise-Wide Reporting & Analysis

200+ Employees Reporting on Credit, Risk Analysis

McLean, VA (May 18, 2008) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that ChoHung Bank has selected the MicroStrategy Business Intelligence Platform(TM) for enterprise-wide reporting and analysis. Founded in 1897, ChoHung Bank is the oldest bank in Korea, with over KRW5.4 trillion won in revenue reaching an estimated 10 million customers through approximately 560 domestic and international branch locations.

Approximately 200 employees perform reporting and analysis on customer credit management, risk management and marketing information against a 1-terabyte Sybase data warehouse. In addition, ChoHung Bank is able to better track its customers’ credit habits and activities, uncovering new revenue generating opportunities through targeted up-sell campaigns. ChoHung Bank plans to create future applications to enhance their risk management analysis and to report on employee productivity and performance.

“With our MicroStrategy-based solution, we’ve been able to increase operational efficiencies by providing our employees with easy-to-use tools that enable them to analyze and report on critical information promptly without relying on an IT department,” said Jung-Bin Shin, Assistant Manager of IT Development Team. “Our employees can create personalized reports to more efficiently identify and analyze only the information that is important to them.”

About MicroStrategy Incorporated

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 2,600 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.

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.

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