Hawaii Medical Service Association Expands MicroStrategy Deployment for Enterprise Reporting and Analysis
Assessing Clinical and Finance Applications
McLEAN, Va., (May 05, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the Hawaii Medical Service Association (HMSA) has expanded the deployment of the MicroStrategy Business Intelligence Platform(TM) for enterprise reporting and analysis. Founded in 1938, the Hawaii Medical Service Association is a nonprofit, mutual benefit society and a member of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield plans.
Standardized on MicroStrategy since 2001, HMSA is expanding its MicroStrategy deployment to include MicroStrategy Report Services(TM) and has purchased a new subscription to MicroStrategy’s Technical Advisory Services (TAS), a program that enables its subscribers to tap into best practices in business intelligence. Against a multi-terabyte IBM DB2 database, healthcare and financial analysts utilize the MicroStrategy platform to track and assess business data across clinical and financial areas to provide users with greater insight into the company’s benefit costs.
“We’re pleased to finalize our selection of MicroStrategy as our key platform for delivering BI solutions and excited about the commitment MicroStrategy has made to helping us ensure that we deliver clear value from the actionable information derived from our databases,” said Gordon Hilton, CIO of Hawaii Medical Service Association.
“We’re pleased that HMSA is achieving success and continues to widen its deployment of the MicroStrategy platform,” said MicroStrategy’s COO Sanju K. Bansal. “This is a true testament of MicroStrategy’s industrial-strength technology providing companies with added visibility into their operations to make important revenue-generating decisions. MicroStrategy is well suited to cost-effectively meet the unique regulatory, privacy, and data-volume requirements of the healthcare industry.”
About Hawaii Medical Service Association
HMSA is a nonprofit, mutual benefit association founded in Hawaii in 1938. It is a member of the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield plans. Nationally, HMSA and 40 other Blue Cross and Blue Shield plans provide worldwide coverage to more than 88 million members.
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.
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Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com
Source: MicroStrategy