Category: Internet

Children International to Enhance Operations with MicroStrategy Software

Jun 03, 2002 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategyÂ® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Kansas City, MO-based Children International has selected the MicroStrategy Business Intelligence Platformâ?¢ as the standard for its business intelligence applications.

McLean, Va., (June 03, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Kansas City, MO-based Children International has selected the MicroStrategy Business Intelligence Platform(TM) as the standard for its business intelligence applications. Children International is a non-profit organization dedicated to improving the quality of life and meeting the needs of poverty-stricken children, widows and families. Children International chose MicroStrategy for its superior performance, ease of use, pure Web design and rapid deployment capabilities.

A wide range of staff, including executives and administrative personnel in the child benefits area, marketing and reporting functions, will use MicroStrategy software to analyze its over 200,000 active sponsorships, track advertising buys and publish the results of its analyses to the rest of the organization. With the software, Children International will be able to measure response rates to ads, increase customer acquisition and strengthen customer loyalty.

“We are looking forward to using the many powerful features of the MicroStrategy platform to analyze, report and deliver critical transaction information across our organization,” said Kim Matar, director of reporting and analysis at Children International. “Because the MicroStrategy platform is so easy to set up and deploy across many users, we envision building a number of business intelligence applications in the future.”

About Children International

Established in 1936, Children International is a nonprofit organization with its headquarters in Kansas City, Mo. Children International’s programs benefit over 230,000 sponsored children and their families in ten countries around the world, including Chile, Colombia, the Dominican Republic, Ecuador, Guatemala, Honduras, India, Nepal, the Philippines and the United States. For more information about Children International, visit http://www.children.org.

About MicroStrategy

Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the increasingly 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.

Enterprise-Class Business Intelligence: MicroStrategy 7i(TM) is a truly integrated, enterprise-class, Web-based business intelligence platform. With MicroStrategy 7i, enterprises can now standardize on one business intelligence platform and deploy high-value business intelligence enterprise-wide. MicroStrategy 7i’s configurable query, reporting, and OLAP Web interface is designed to support all users, from casual report viewers to power analysts.

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, and JD Edwards.

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 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 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; 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, MicroStrategy 7i, 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

Tags: MicroStrategy

Major Banking and Financial Services Firms Praising MicroStrategy’s New 7i Business Intelligence Platform

May 29, 2002 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategyÂ® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced the banking and financial services industries can realize significant benefits from the new version of its business intelligence platform, MicroStrategy 7iâ?¢. Major banking a

McLEAN, Va., (May 29, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced the banking and financial services industries can realize significant benefits from the new version of its business intelligence platform, MicroStrategy 7i(TM). Major banking and financial firms are already praising the platform.

“MicroStrategy 7i’s new Web interface is slick, user-friendly and intuitive, resulting in higher utilization of our business intelligence solutions and increased user adoption rates,” said Vanitha Devarajan, manager of business intelligence solutions at the Bank of Montreal. “MicroStrategy 7i offers our executives, managers and information analysts the capability to make full use of the data in order to gain vital intelligence, and to make proactive decisions that can drive efficiency and productivity.”

“We selected MicroStrategy for its superior analytical capabilities and for its ability to integrate with Fineco’s existing systems,” said Edoardo Giorgetti, director of marketing at Fineco. “Fineco derives its success from the capacity to establish a relationship with customers based on a true multi-channel dialogue. MicroStrategy not only allows us to deliver Web-based reporting capabilities internally to our managers, but also helps us create a better customer experience by enabling us to deliver personalized services to our clients via the device of their choice.”

“The ability to anticipate customer requirements through a better understanding of customer behavior and investment preferences will solidify Fineco’s leadership as an online bank and brokerage in Europe,” added Giorgetti.

“We chose MicroStrategy as our enterprise-wide standard because it offered the superior analytics and completely Web-based reporting environment that we required,” said Fernando Pantaleão, vice president of marketing at Redecard S/A.

MicroStrategy’s current banking and financial services customers include: American Express, Bank of Montreal, Capital One, Equifax, Fannie Mae, Fineco, J. P. Morgan Chase, KeyCorp, RBC Financial Group, Redecard S/A, Sallie Mae, Visa International, Wachovia and WFS Financial.

About MicroStrategy

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 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 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; 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, MicroStrategy 7i are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

Leading Marketing Vendor Selects MicroStrategy Business Intelligence Platform

May 28, 2002 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Harmonic Communications to Provide Marketing Optimization Services to World’s Largest Independent Ad Agency with MicroStrategy Software

McLean, Va., (May 28, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Harmonic Communications, a global provider of marketing and media optimization software and services, has selected the MicroStrategy Business Intelligence Platform(TM) to anchor Harmonic’s proprietary software Engine For Marketing(TM). Harmonic offers managed marketing and media optimization software and services to enable Fortune 1000 companies to test cross-media optimization before making large investments in infrastructure and wasted media buys.

“Harmonic’s core analytic capabilities rely on being able to extract insight from large amounts of disparate data in the underlying data warehouse, and to create both standard and custom reports quickly according to client needs,” said Dave Green, Harmonic’s Senior Vice President of Engineering. “We selected MicroStrategy for its leadership in the business intelligence marketplace, as well as the intuitive reporting, analysis and information delivery capabilities of its platform offering.”

Harmonic also chose the MicroStrategy platform for its comprehensive Unicode support, which enables international reports to run against one set of common data and metadata, and eliminates the need to recode all reports or recreate database structures to account for different encoding issues. Harmonic’s next release, available this summer, will be a localized Japanese version of the Engine For Marketing to be deployed in Japan for Harmonic’s partner Dentsu, the world’s largest independent advertising agency.

About Harmonic Communications

Harmonic offers Fortune 1000 companies managed marketing and media optimization software and services without the major expense and long implementation cycle of traditional enterprise marketing software solutions. Harmonic enables corporations to identify their highest-value customers and the optimal communication channels to reach them. Leveraging its Engine for Marketing(TM) technology, Harmonic’s marketing professionals analyze the combination of customer target, content, and media selection associated with every campaign – continuously testing, adapting, and improving communications over time. As a result, Harmonic’s clients are able to make their marketing investments dramatically more effective and targeted across both traditional and digital media channels. Harmonic offers Marketing Analytics & Strategy, Marketing Data Management, and Campaign Execution & Reporting. The company received funding from Sequoia Capital and Dentsu and has offices in San Francisco, New York, and Tokyo, Japan. More information can be found at http://www.harmonic.net.

About MicroStrategy

MicroStrategy, MicroStrategy 7, MicroStrategy 7i, 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

Tags: MicroStrategy

Healthcare and Pharmaceutical Organizations Praise MicroStrategy’s New 7i Business Intelligence Platform

May 23, 2002 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Reduced Costs and Improved Patient Care Among Benefits of Using 7i

McLEAN, Va., (May 23, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the new version of its business intelligence platform, MicroStrategy 7i(TM), is winning praise from leading global companies in the healthcare and pharmaceutical industries. The company said its new platform is designed to help healthcare and pharmaceutical organizations analyze operations, streamline claims processes, reduce costs and improve patient care. Pharmaceutical companies can also use MicroStrategy 7i to monitor and enhance marketing activities to boost sales and brand awareness.

“MicroStrategy business intelligence gives us a better understanding of the market, and helps us meet expected market share goals for our products,” said Keith Megay, senior manager of commercial data warehousing at AstraZeneca. “In addition, the performance and scalability of our MicroStrategy-based application is remarkable, allowing our users to be more productive and efficient.”

“Our employees now have instant access to reports that analyze pharmacy claims via the Internet, saving our customers millions of dollars in erroneous claims,” said Bob Martin, New Business Manager at AIM HealthCare. “We were especially pleased with the rapid deployment capabilities MicroStrategy’s platform allows – we got our applications up and running within two months of installation, enabling us to quickly realize the benefits of our reports.”

“MicroStrategy 7i delivers power, functionality and control securely to users across our enterprise — analytics to advanced users, extensive reporting functionality to high-level users, and flexibility and control over the application environment to administrators,” said Todd Wilkes, director of applications development at Premier Inc.

According to MicroStrategy, such features as Windows-like functionality over the Web and pure-HTML interfaces in MicroStrategy 7i, make it easy for healthcare and pharmaceutical companies to deploy secure extranet applications. These applications help companies effectively track patient treatment outcomes, identify cost-saving opportunities and improve business processes.

MicroStrategy’s current healthcare customers include: Aventis Pasteur, AIM HealthCare, AstraZeneca, Cardinal Health, Dura Pharmacueticals, Forest Laboratories, GlaxoSmithKline, Ingenix, Pharmacia, Premier, Novartis, NDC Heatlh, ProVantage, South Fraser Health, Women’s Health.

About MicroStrategy

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 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 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; 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.

Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

Carl Warren & Company’s Fortune 500 Clients to Perform Risk Management and Loss Prevention Analyses with MicroStrategy

May 20, 2002 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategy Business Intelligence Platform Selected to Anchor Extranet Applications

McLean, Va., (May 20, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Carl Warren & Company has chosen the MicroStrategy Business Intelligence Platform(TM) as its enterprise-wide business intelligence standard. Orange, California-based Carl Warren & Company provides claims and litigation management services to more than 650 clients in the high tech, retail, transportation, consumer products, healthcare, banking, public agency and hospitality industries.

“Our mission is to provide our clients with customized claim management solutions,” said Michael Dekema, executive vice president at Carl Warren & Company. “MicroStrategy is supporting this mission with world-class, reliable business intelligence software. We selected the MicroStrategy Business Intelligence Platform for its ease of use, superior performance, pure Web design and its leadership in the business intelligence industry. Our MicroStrategy-based extranet will give our clients secure access to their important claims information so that they can make better decisions that reduce costs.”

Carl Warren employees are currently using the MicroStrategy platform to perform financial analyses of client claims’ data in a secure environment. End users are able to track historical payments on claims as well as cash reserves over time. In the near future, Carl Warren clients will access a MicroStrategy-based extranet environment to perform intuitive reporting and ad-hoc analyses on risk and loss prevention data. MicroStrategy’s platform will enable clients to link to individual claims information, drill down to a particular payment and read the narrative associated with the payment.

About Carl Warren & Company

Carl Warren & Company has provided claim and litigation management services to a variety of distinguished clients since 1944. The employee-owned corporation includes over 250 people serving in 22 offices around the country. Carl Warren & Company has built an outstanding reputation with insurers, public agencies and corporations by delivering customized claim management solutions. These solutions include prompt investigation, focused litigation management, accurate case analysis and powerful information systems. Its innovative claims management methods provide clients with unparalleled quality service. Carl Warren & Company has more than 650 clients in the high tech, retail, transportation, consumer products, healthcare, banking, public agency and hospitality industries.

About MicroStrategy

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 solve the inherent technical issues involved in modifying its MicroStrategy 7i software on a timely basis so that it will compatible with the Sun Solaris 9 operating system in the periods indicated; 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 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the Company’s ability to effect the sale of non-core assets on reasonable terms; 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.

Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

Government Organizations Will Gain From MicroStrategy’s New Business Intelligence Platform, 7i

May 16, 2002 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategyÂ® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that government organizations can significantly benefit from the companyâ??s new business intelligence platform, MicroStrategy 7i, as it can help organizations analyze operati

McLEAN, Va., (May 16, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that government organizations can significantly benefit from the company’s new business intelligence platform, MicroStrategy 7i, as it can help organizations analyze operations, streamline procurement and supply chain processes, cut costs and improve efficiency. The company said that MicroStrategy 7i is designed to help government agencies leverage technology to provide necessary, timely information to their constituencies and effectively handle changing legislative mandates or user requirements.

“MicroStrategy 7i will help the State of Tennessee better manage financial information leading to efficiencies that save both time and money,” said Sherrie Benn, Data Warehouse Consultant at the State of Tennessee. “The easy-to-use interface enables State employees to quickly access state financial data and answer questions that standard financial reports have never provided.” According to the company, MicroStrategy 7i features such as Windows-like functionality over the Web and pure-HTML interfaces, make it easy for government agencies to deploy secure extranet applications, facilitating the flow of information among agencies and their information consumers.

“MicroStrategy 7i security features are comprehensive across users, applications, data, and reports,” added Benn. “MicroStrategy 7i securely delivers insight to the right person in the right agency.”

The fact that the 7i platform is compliant with Section 508 of the Rehabilitation Act of 1973 is another critical benefit to government organizations, MicroStrategy said. Section 508 is a law that requires all government agencies to have made their information systems, application software and electronic information technology accessible to users with disabilities. With MicroStrategy 7i, agencies can easily integrate analytics into existing systems or build new applications without worrying about being out of compliance with Section 508.

MicroStrategy’s current government customers include: Army and Air Force Exchange Service, Centers for Medicare & Medicaid Services, Commonwealth of Kentucky, Drug Enforcement Agency, Federal Election Commission, Ohio Department of Education, State of Tennessee, U.S. Air Force, U.S. Census Bureau, U.S. Department of Housing and Urban Development, U.S. Department of Education, U.S. Postal Service and Workers Compensation Board of British Columbia.

About MicroStrategy Incorporated

This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the 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 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; 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.

Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

Nation’s Largest Drugstore Chain CVS Closes Major Deal with MicroStrategy

May 15, 2002 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Reaffirms MicroStrategy as Enterprise-Wide Business Intelligence Standard

McLean, Va., (May 15, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that its long-time customer CVS Corporation (NYSE: CVS) signed a multi-million dollar deal for MicroStrategy software and services during the first quarter of 2002. The agreement positions CVS to roll out additional business intelligence applications beyond its headquarters, to field management as well as vendors, stores and customers.

“As part of a strategic Enterprise Information Access initiative, CVS chose the MicroStrategy Business Intelligence Platform(TM) for its ease-of-use, rich features and functionality, superior scalability, robust security, maintainability and solid architectural foundation,” said Mike Dion, director of information services at CVS Corporation. “In the past, pharmacy and retail businesses were focused on having the right product in the right place at the right time. In order to be on top today, it’s equally important to make information accessible to the right people — how, when and where they want it. We view MicroStrategy and its integrated business intelligence platform as a strategic enabler to make appropriate information accessible to employees, vendors and customers in a secure manner.”

A customer since 1996, CVS has the MicroStrategy platform in production today supporting approximately 2,000 end users that run analyses against more than two terabytes of data. A wide range of users are able to analyze areas of the business such as store sales, inventory, profitability, category reviews, vendor scorecards, financials, click-stream activity and real-estate operations.

“We’re very proud to have expanded our relationship with such a national leader as CVS,” said Sanju K. Bansal, chief operating officer of MicroStrategy Incorporated. “This new deal is testament to the fast-growing importance of business intelligence software as a strategic technology and to MicroStrategy’s leadership in producing it.”

About CVS Corporation

CVS is America’s #1 pharmacy, dispensing prescriptions in more stores than any other retailer. With annual revenues that exceed $22 billion, CVS has created innovative approaches to serve the healthcare needs of all of its customers through more than 4,000 CVS/pharmacy stores; CVS ProCare, its specialty pharmacy business; CVS.com, its online pharmacy; and PharmaCare, its pharmacy benefit management company. General information about CVS is available through the Investor Relations portion of the Company’s website, at http://www.CVS.com.

About MicroStrategy

MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7, MicroStrategy 7i, 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.

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

Source: MicroStrategy

Tags: MicroStrategy

State of Tennessee Employs MicroStrategy Business Intelligence Platform to Cut Costs and Increase Efficiency

May 07, 2002 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

60 Statewide Agencies to Benefit from More Effective Financial Management

McLean, Va., (May 07, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the State of Tennessee is using the MicroStrategy Business Intelligence Platform(TM) to anchor its financial data access data warehouse. With MicroStrategy, decision-makers in more than 60 statewide agencies, including the Departments of Human Services, Mental Health and Education, are able to more effectively track revenues and expenditures, and make more informed decisions that can reduce costs and increase revenues.

“With the MicroStrategy platform, end users are able to access financial data via the Web, which is proving to be the most valuable service the State of Tennessee has provided to its statewide agencies in the last decade,” said Sherrie Benn, data warehouse consultant at the State of Tennessee. “More than just a report writer, the MicroStrategy Business Intelligence Platform offers analytical capabilities far beyond what has been available.”

“It is anticipated that the use of MicroStrategy software will help the State of Tennessee better manage financial information, leading to efficiencies that will save both time and money,” added Jan Sylvis, chief of accounts at the State of Tennessee. “Ultimately, we expect to see improved strategic planning, activity-based costing and activity-based management in support of State programs.”

MicroStrategy is providing the State of Tennessee’s end users with comparative and exception reporting, more efficient and timely data analysis, enhanced financial data analysis, summary level reporting for management, and consistent interpretation of financial data definitions and business rules. In the future, the State of Tennessee will expand the reach of its business intelligence initiatives to support 800 end users and develop additional BI applications to include budgetary, grants, projects, contract and vendor financials, as well as payroll analyses.

About MicroStrategy

MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7i, 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

Tags: MicroStrategy

Retailers Praising MicroStrategy’s New Business Intelligence Platform, 7i

May 02, 2002 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

MicroStrategyÂ® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the new version of its business intelligence platform, MicroStrategy 7iâ?¢, is winning praise from key retailers. MicroStrategy said MicroStrategy 7i is designed to help

McLEAN, Va. (May 02, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the new version of its business intelligence platform, MicroStrategy 7i(TM), is winning praise from key retailers. MicroStrategy said MicroStrategy 7i is designed to help retailers drive efficiency across their enterprises and boost margins through improved inventory management, customer analysis and marketing campaigns.

“We are very impressed by MicroStrategy 7i’s new Web interface,” said Brian Smetana, Business Analyst at Ace Hardware. “The direction of the technology is in line with our business strategy, enabling us to deploy our business intelligence applications faster and more broadly across the enterprise.”

“Best Buy originally chose MicroStrategy as a reporting standard because of its robust enterprise-class infrastructure that allows us to run over 100,000 reports a morning,” said Randy Mattran, IS Leader of Business Intelligence for Best Buy Co., Inc. “We are excited about MicroStrategy 7i, because the dramatic interface and usability enhancements will increase acceptance by our business customers.”

MicroStrategy 7i’s Windows-like functionality over the Web, zero-footprint client and pure-HTML interfaces make it easy for retailers to deploy extranet applications, allowing partners, vendors and suppliers to contribute to an overall improvement in cost-effectiveness and efficiency.

“With the insight gained from customer and product data through MicroStrategy 7i, our retail customers can more effectively track inventory levels to ensure that the right products are available to their customers at the right time,” said Sanju Bansal, chief operating officer of MicroStrategy Incorporated. “The new platform will enable retailers to more easily gain visibility into operations and more accurately identify areas of potential profit or loss.”

In addition to traditional sales, merchandising and financial data, retail companies are pulling information from source systems containing detailed customer and supply chain data. MicroStrategy 7i allows retailers to analyze their entire business, from the point of sale to customers to the supply chain, from a single integrated environment.

“Retail organizations can benefit not only from the powerful analytical capabilities, but from MicroStrategy 7i’s improved ease of use and the ability to easily extend business intelligence applications to any store manager, analyst or supply chain vendor,” added Bansal.

MicroStrategy’s current retail customers include: Ace Hardware, Bed, Bath & Beyond Inc., Belk, Inc., Best Buy Co., Inc., Big Lots, Inc., Circuit City, The Container Store, Faith Shoes, Foot Locker, Inc., Hallmark Cards Inc., Raley’s Supermarkets & Drug Centers, Supervalu and WH Smith PLC.

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 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 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; 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.

Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

Telecom Industry to Benefit from MicroStrategy’s New Business Intelligence Platform, “7i”

May 01, 2002 | Computer & Electronics, Computer Software, Internet, Technology | 0 comments

Sprint PCS Praises New Platform

McLEAN, Va. (May 01, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that global telecommunications companies can significantly benefit from using the new version of its business intelligence platform, MicroStrategy 7i(TM). Sprint PCS has already weighed in with a very favorable review.

“MicroStrategy 7i enables our users ‘speed-of-thought’ analytics. The ability to easily drag and drop manipulations with the click of the mouse is a substantial benefit to users and a time saver for developers,” said Gene Williams, Software Engineer at Sprint PCS. “The 7i release will help make our vast amounts of data more useful to employees by presenting insight to users in a format that is easy to understand and easy to access.”

MicroStrategy 7i’s Windows-like functionality over the Web, zero-footprint client and pure-HTML interfaces make it easy for telcos to deploy extranet applications, allowing call center, customer service employees and customers themselves to access accurate, up-to-date account information and make more informed decisions.

“Telecommunications companies are increasingly turning to customer analysis to maintain their competitive advantage,” said Sanju Bansal, chief operating officer of MicroStrategy Incorporated. “MicroStrategy 7i will enable telcos to more accurately identify and target profitable customers for marketing campaigns, as well as improve overall customer service.”

MicroStrategy’s current telecommunications customers include: AT&T, Brasil Telecom, British Telecom, Bellsouth, Telefonica, Cable & Wireless, Cablevision, Deutsche Telecom, MCI Worldcom, Global Crossing, Brazil’s Global Telecom, Omnitel Vodafone, Sprint PCS, Telecom Italia, Telstra and Verizon.

About MicroStrategy Incorporated

This press release may include statements that may constitute “forward- looking statements,” including its estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the 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 7i software on a timely basis; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; the possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; 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.

Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com

Source: MicroStrategy

Tags: MicroStrategy

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