MicroStrategy Announces Intention to Extend Platform to Run on Sun Solaris(TM) 9 Operating System
MicroStrategy® Incorporated (NASDAQ: MSTRD), a leading worldwide provider of business intelligence software, today announced its intended support for the Solarisâ?¢ 9 Operating Environment, Sun Microsystemsâ?? (Nasdaq: SUNW) latest update to its UNIX® operating system
McLEAN, Va., (August 19, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTRD), a leading worldwide provider of business intelligence software, today announced its intended support for the Solaris(TM) 9 Operating Environment, Sun Microsystems’ (Nasdaq: SUNW) latest update to its UNIX® operating system. MicroStrategy expects to make its MicroStrategy 7i(TM) business intelligence platform available on Solaris 9 platform, enabling organizations using this operating system to gain vital insight from their data — helping them proactively enhance cost-efficiencies, productivity and customer relations and optimizing their revenue-generating strategies.
“We’re excited about MicroStrategy’s move to make MicroStrategy 7i available on Solaris 9,” said Andy Ingram, vice president, Solaris marketing for Sun Microsystems. “Solaris 9 is receiving broad support from our partners and customers as the platform continues to deliver the security, manageability and performance that enterprises require to increase IT service levels. With the availability of MicroStrategy 7i on Solaris 9, customers will be able to take immediate advantage of business intelligence functionality on the leading operating environment.”
“This will be a very significant technological milestone for MicroStrategy,” said Sanju K. Bansal, vice chairman and chief operating officer of MicroStrategy Incorporated. “The new release is expected to help further boost our already impressive customer base.”
The first phase of this effort was completed in the fourth quarter of 2000 with the release of the Java(TM)-based version of the MicroStrategy Software Development Kit (MicroStrategy SDK(TM)), which is certified to run with the Sun ONE Web Server.
MicroStrategy expects to deliver its award-winning Web-based functionality directly on the Solaris platform later this year. The thousands of organizations that rely on Sun’s leading UNIX platform will then be able to leverage their existing infrastructures to provide business intelligence applications with improved flexibility and performance.
To complete this effort, MicroStrategy intends to release a Solaris OE version of its MicroStrategy Intelligence Server(TM) early in 2003. Sun has greatly assisted MicroStrategy by providing co-engineering, and technical consulting services for the on-going project.
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 1,700 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.
MicroStrategy is listed on Nasdaq under the symbol MSTRD. 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.
Sun, the Sun logo, Sun Microsystems, Solaris and The Network Is The Computer are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries. UNIX is a registered trademark in the United States and other countries, exclusively licensed through X/Open Company, Ltd.
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.
MicroStrategy, MicroStrategy 7, MicroStrategy SDK, 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