Latest Business Intelligence News
H-E-B Food/Drugs Expanding MicroStrategy Deployment Enterprise-Wide for Reporting & Analysis
Sales & Market Basket Analysis & Assessing Ad Effectiveness
McLEAN, Va., (March 29, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that existing customer H-E-B is expanding its deployment of the MicroStrategy Business Intelligence Platform(TM) enterprise-wide, for reporting and analysis of sales, market baskets, advertising effectiveness and cross-merchandising opportunities.
Founded in Kerrville, Texas in 1905, H-E-B employs more than 56,000 employees and operates more than 300 stores throughout Texas and internationally in Mexico. It has grown to be one of the largest independently owned food-retailing companies in the U.S.
H-E-B will utilize MicroStrategy to distribute analyses and reports to merchandisers and store operations management at its 300 stores, regional offices and corporate headquarters location. For its MicroStrategy applications, H-E-B will employ a 2.5-terabyte Teradata database. Up to 800 employees will eventually become users of these applications.
“H-E-B now uses MicroStrategy for a wide variety of business intelligence reporting. This new expansion of MicroStrategy will allow us to efficiently expand the benefits of our data warehouse to the leadership of our retail stores,” said Alan Markert, H-E-B Vice President and Program Owner for Business Intelligence and B2B.
“Our customer footprint in leading-edge retail business intelligence continues to grow,” said MicroStrategy’s COO Sanju K. Bansal. “Seven of the top 10 global retailers have standardized on MicroStrategy for business intelligence, harnessing MicroStrategy for such key areas as store operations, merchandise management, loss prevention, marketing analysis, market-basket analysis and category management.”
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 2,500 enterprise-class customers, including General Motors, Best Buy, 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 and MicroStrategy Report Services 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 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
World’s Largest Casual Dining Company Darden Restaurants Expands Deployment of MicroStrategy
Assessing Sales, Finance, Human Resources & Competitiveness
McLean, VA (March 22, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Darden Restaurants, Inc., has expanded its deployment of the MicroStrategy Business Intelligence Platform(TM). MicroStrategy’s platform currently anchors 12 business intelligence applications across 17 business areas – assessing sales, finance, human resources and competitiveness.
A MicroStrategy customer since 1997, Darden Restaurants, Inc. is the largest casual dining restaurant company in the world, operating more than 1,300 Red Lobster, Olive Garden, Bahama Breeze, Smokey Bones BBQ, and Seasons 52 restaurants in North America.
Over 250 of Darden Restaurant’s financial and marketing analysts, operations and human resource personnel and executive management use MicroStrategy to track, analyze and report on profitability and marketing promotions, guest satisfaction scores, employee retention, as well as perform market basket analyses, inventory and scenario planning. Employees are able to determine, for example, the impact on a restaurant’s profitability if 50 percent of its patrons purchased an additional appetizer. Darden’s most recent expansion of MicroStrategy for its human resources department involves use of MicroStrategy to analyze and report on diversity data. In the future, additional human resources data from PeopleSoft will be fed to MicroStrategy applications to provide analysis of employee turnover and to allow users to combine HR data with financial and other existing data to look for patterns and opportunities.
“Being able to make these kinds of informed business decisions helps us add to our bottom line,” said Heidi Metcalf, Senior Project Leader for Business Intelligence Systems, Darden Restaurants, Inc. “We decided to expand our MicroStrategy deployment to include human resources because we wanted a single source of corporate data and reporting.”
“We’re very proud that Darden Restaurants continues to achieve success with our platform,” said MicroStrategy’s COO Sanju K. Bansal. “Many leading retailers like Darden Restaurants use MicroStrategy’s industrial-strength platform to glean valuable insight into their operations and make proactive business decisions.”
About Darden Restaurants, Inc.
Darden Restaurants, Inc., headquartered in Orlando, FL, owns and operates over 1,300 Red Lobster, Olive Garden, Bahama Breeze, Smokey Bones and Seasons 52 restaurants with annual sales of over $4.7 billion.
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 2,500 enterprise-class customers, including General Motors, Best Buy, 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 and MicroStrategy Report Services 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 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
Meijer Stores Expands Deployment with MicroStrategy Report Services
Over 1,000 Users for Reporting & Analysis of Sales & Merchandising
McLEAN, VA, (March 15, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Meijer Stores has expanded its MicroStrategy deployment with MicroStrategy Report Services(TM) for enterprise-wide reporting and analysis. Meijer is a family-owned and operated grocery and general merchandise retailer operating 158 stores throughout Illinois, Indiana, Kentucky, Michigan, and Ohio.
As a customer since 2000, Meijer is using the MicroStrategy platform for reporting and analysis on sales, merchandising and market basket applications. Over 1,000 users, including buyers, planning managers and pricing managers, already use MicroStrategy to analyze over a terabyte of critical data to identify areas of business improvement, streamline operations, and recognize cross- and up-sell opportunities.
“We’re adopting MicroStrategy Report Services because it provides an integrated reporting and analysis solution with content-rich, user-friendly reports that empower our employees to make more strategic and proactive decisions,” said one Meijer Business Executive.
“Combining the best in business analytics and reporting, MicroStrategy Report Services is increasingly being adopted as a complete enterprise analytical and reporting solution,” said MicroStrategy’s COO Sanju K. Bansal. “Our retail customers continue to enjoy success with MicroStrategy-based applications; in fact, seven of the top ten global retailers use MicroStrategy.”
About Meijer Stores
Meijer is a family-owned and operated grocery and general merchandise retailer operating 158 stores throughout Illinois, Indiana, Kentucky, Michigan, and Ohio. Meijer can also be found on the INTERNET at meijer.com.
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 2,500 enterprise-class customers, including General Motors, Best Buy, 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 and MicroStrategy Report Services 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 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
U.S. Borax Adopts MicroStrategy as Enterprise-Wide Business Intelligence Standard
For Worldwide Marketing & Sales Applications
McLean, VA, (March 08, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that its existing customer U.S. Borax, Inc. has adopted the MicroStrategy Business Intelligence Platform(TM) as its enterprise-wide business intelligence standard. U.S. Borax will harness MicroStrategy for analysis of and reporting on its marketing and sales trends worldwide.
U.S. Borax, Inc. supplies nearly half the global demand for borates – essential nutrients for plants, part of a healthy human diet, and key ingredients in fiberglass, ceramics, detergents, fertilizers and wood preservatives. The company employs nearly 1,500 people worldwide and ships its products to customers in nearly 100 countries.
U.S. Borax will primarily utilize MicroStrategy for its extensive “Marketing and Reporting System” (MARS). This system is used to report on sales figures, forecast projections, estimate competitive sales and gauge the state of the business. MicroStrategy users will include U.S. Borax executives, marketing analysts, sales representatives, financial analysts, distribution analysts and production supervisors.
“MicroStrategy has proved to be an excellent choice for Borax since we started using it in 1997,” said U.S. Borax’s Manager of Marketing Information Systems Jon Ashton. “We first chose MicroStrategy because of its flexible reporting capabilities, superior analytics, ease-of-use and ease-of-administration. These reasons have not changed. In fact, many of the products we first compared it against are no longer around. MicroStrategy is truly a quality product.”
“Industry leaders like U.S. Borax demand only high standards for business intelligence reporting and analysis,” said MicroStrategy COO Sanju Bansal. “The fact that U.S. Borax has been a customer of MicroStrategy since 1997, and is still expanding its applications of our platform, is testament to our technology’s outstanding capabilities and the bottom-line benefits it can engender.”
About U.S. Borax
U.S. Borax operates California’s largest open pit mine in Boron, California – one of the richest borate deposits on the planet. The company supplies nearly half the world’s demand for refined borates, minerals essential to life and modern living.
Borax traces its roots to California’s Death Valley, where borate deposits were discovered in 1872. The twenty mule teams which the company used to haul ore out of the remote desert live on as a symbol of the company’s commitment to innovation. In 2002, U.S. Borax celebrated 130 years of continuous business in California.
Today, U.S. Borax is acknowledged as the world leader in borate technology, research and development. U.S. Borax is a member of the Rio Tinto Group (NYSE: RTP).
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 2,500 enterprise-class customers, including General Motors, Best Buy, 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 and MicroStrategy Report Services 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 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
Leading European Retailer Fnac Adopts MicroStrategy as Business Intelligence Standard for Enterprise Reporting
To Assess Sales for All Fnac Departments
McLEAN, VA (March 01, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Fnac has adopted the MicroStrategy Business Intelligence Platform(TM) as the enterprise standard for its new reporting applications. Based in France, Fnac is the leading retailer of books, music, consumer electronics and entertainment in France, Belgium, Spain and Portugal. Fnac has more than 15 million customers with 2002 revenue of $3.5 billion euros.
Currently, 200 Fnac employees, including store managers, headquarters personnel, and financial, sales and marketing analysts, utilize MicroStrategy technology to access an Oracle data warehouse. Approximately 15 MicroStrategy-based applications, including an extranet, will enable key employees to track sales performance and monitor margins online for all of Fnac’s departments.
“We selected the MicroStrategy platform because of its sophisticated yet easy-to-use reporting capabilities, its powerful analytics, and its ability for rapid deployment of BI applications,” said François Pereira, CTO, Fnac. “In addition, we were looking for a scalable, integrated platform that would grow with us as our needs changed. MicroStrategy’s platform offers exceptional scalability for building numerous applications and accommodating very large databases and user populations. This will provide us with valuable insight to enhance our sales operations across our large enterprise.”
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 2,500 enterprise-class customers, including General Motors, Best Buy, 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 and MicroStrategy Report Services 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 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
Value City Department Stores, DSW and Filene’s Basement Select MicroStrategy as Their Enterprise Reporting Standard
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Retail Ventures Services, Inc. (a subsidiary of Retail Ventures, Inc., NYSE: RVI), has chosen the MicroStrategy Business Intelligence Platform� as its enterprise report
McLean, Va., (February 23, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Retail Ventures Services, Inc. (a subsidiary of Retail Ventures, Inc., NYSE: RVI), has chosen the MicroStrategy Business Intelligence Platform(TM) as its enterprise reporting standard.
RVI operates a strong portfolio of off-price retailing brands with three very distinct retail concepts: Value City Department Stores, DSW and Filene’s Basement. These brands encompass the off-price retail segment, both in terms of price point and merchandising, as well as geography. Value City Department Stores, DSW and Filene’s Basement employees, merchandising analysts, and senior management, will use MicroStrategy software to analyze customer data and product inventories. Ken DeWitt, RVI Sr. Vice President and CIO, stated that, “end users will be able to perform sales, category and inventory management analyses in order to more effectively track promotions, product mix and inventory levels.”
“Retail Ventures’ commitment to MicroStrategy is further proof of the importance of business intelligence to large corporations today,” said MicroStrategy’s COO Sanju K. Bansal. “Leading retailers like Value City Department Stores, DSW and Filene’s Basement are choosing MicroStrategy’s industrial-strength platform to gain visibility into their operations and make revenue-generating decisions that please management, shareholders, and most importantly, a discerning customer base.”
About Retail Ventures, Inc.
Retail Ventures, Inc., headquartered in Columbus, Ohio, is a leading off- price retailer with stores in the Midwest, Northeast and Southeast. It currently operates 116 Value City Department Stores, 142 DSW stores and 21 Filene’s Basement stores.
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 2,500 enterprise-class customers, including General Motors, Best Buy, 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 and MicroStrategy Report Services 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 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
Grange Insurance Expands Deployment with MicroStrategy Report Services
Enterprise Reporting & Analysis of Sales and Loss Ratio Applications
McLEAN, Va. (February 17, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Grange Insurance has expanded its deployment of MicroStrategy with MicroStrategy Report Services(TM) to provide enterprise reporting and analysis of sales and loss ratios. With over a billion dollars in written premiums, Grange Insurance is a property and casualty insurer that offers home, auto and business insurance and a full line of life insurance and financial products through wholly owned subsidiaries Grange Life and The Grange Bank.
More than 300 Grange Insurance associates including territory managers, portfolio managers, and customer management personnel, already use MicroStrategy to analyze four terabytes of data to identify areas of improvement in product design, customer management, and to recognize cross- and up-sell opportunities. These users are able to use this insight to assist them in seeking to increase the profitability of each product, region or agent.
“Building on our existing platform, we selected MicroStrategy Report Services because we needed an integrated reporting and analysis solution that would provide a single dashboard for each individual agent with advanced reporting capabilities,” said Tony Simpkins, Project Lead at Grange Insurance. “MicroStrategy Report Services creates content-rich, user-friendly reports that empower our associates to make more strategic and proactive decisions allowing us to better assess performance and enhance operational efficiencies.”
“MicroStrategy Report Services combines the best in business analytics and reporting to bring customers an integrated technology that is designed to fulfill their analytical data and reporting requirements enterprise-wide,” said MicroStrategy’s COO Sanju Bansal. “We’re proud to continue our relationship with Grange Insurance. We have found companies are increasingly recognizing that MicroStrategy’s industrial-strength platform provides outstanding enterprise-class reporting and business-intelligence applications.”
About Grange Insurance
Grange Insurance, based in Columbus, Ohio, has been “your partner in protection” since 1935. Grange offers auto, home, life, business and farm insurance protection, plus financial services through The Grange Bank, in Ohio, Georgia, Illinois, Indiana, Kentucky, Michigan and Tennessee. Grange Insurance is also affiliated with Integrity Mutual Insurance Company of Appleton, WI, which offers its own insurance products and access to The Grange Bank through independent agents in Wisconsin, Minnesota and Iowa.
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 2,500 enterprise-class customers, including General Motors, Best Buy, 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 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 and MicroStrategy Report Services 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 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
FleetBoston Financial Executive Wins MicroStrategy’s Individual Excellence Award
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that it has selected Michael Caron, a Director in Business Development and Strategy at FleetBoston Financial (NYSE & BSE: FBF), as winner of MicroStrategyâ??s Individual Excel
McLean, Va., (February 11, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that it has selected Michael Caron, a Director in Business Development and Strategy at FleetBoston Financial (NYSE & BSE: FBF), as winner of MicroStrategy’s Individual Excellence in Business Intelligence award. Michael Caron was recognized today at MicroStrategy World 2004 in Miami, Florida.
FleetBoston Financial, a diversified financial services company with assets of $197 billion, offers a comprehensive array of financial solutions to over 18 million individual, corporate, and institutional customers. A MicroStrategy customer since 1998, FleetBoston Financial has deployed MicroStrategy enterprise-wide to anchor multiple, high-value business intelligence applications.
With Mr. Caron’s guidance and leadership, these applications have had significant bottom-line benefits for Fleet. One of these applications, BI 2.0, provides a comprehensive view of Fleet’s commercial customers and represents the backbone of the bank’s analytical CRM strategy. Deployed through a portal environment, MicroStrategy provides Fleet’s 2,000 relationship managers, portfolio managers and business analysts with detailed revenue, expense, and profitability information. This business intelligence portal is integrated into the workflow of Fleet’s Seibel sales force automation solution. This consolidated customer view has helped drive a 21 percent increase in sales productivity.
Further, Fleet’s use of business intelligence to improve campaign design and direct marketing has increased cross-sell revenues and products used per customer 14 and 16 percent, respectively.
The benefits of using MicroStrategy to access, analyze, and share information in Fleet’s enterprise data warehouse are recognized throughout the company. Fleet has seen positive change and product gains in its sales management process, as well as improvements in product cross-sell, especially across different lines of business as the velocity of referrals increases. Mr. Caron has also worked across divisions at Fleet to improve the use of business intelligence in the transaction approval and pricing processes, making available customer information in a way that reduces handling time and makes managers more efficient.
“I’m very honored to receive MicroStrategy’s Best Practices In Business Intelligence Individual Excellence award,” said Michael Caron. “MicroStrategy’s capabilities have enabled us to achieve real cost-savings and revenue growth. This award is a reflection of the hard-working and talented group of professionals that work with me everyday to maximize the benefits of the MicroStrategy platform. I accept this individual excellence award on behalf of my great team, and thank MicroStrategy for this honor.”
“Our customers can achieve significant improvement in their businesses with MicroStrategy’s technology; however, Michael Caron has exhibited exceptional distinction, defined leadership and innovation in business intelligence software deployment,” said MicroStrategy’s COO Sanju K. Bansal. “With over 20 years of experience in information technology, Michael Caron has played a critical role in deploying MicroStrategy’s business intelligence platform at Fleet and is helping make it a smarter, more proactive company.”
About FleetBoston Financial
FleetBoston Financial (NYSE & BSE: FBF), a diversified financial services company with assets of $197 billion, offers a comprehensive array of financial solutions to over 18 million individual, corporate, and institutional customers. Products and services are available through a variety of channels including 1,460 stores and more than 3,400 ATMs from Maine to Pennsylvania, HomeLinkSM online banking, and telephone banking. Fleet is the leading small business and commercial banking provider in the Northeast and a premier provider of financial services to selected industries nationwide.
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 2,500 enterprise-class customers, including General Motors, Best Buy, 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 and MicroStrategy Report Services 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 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 Honors Three Companies for Excellence in Enterprise-Class Business Intelligence
KPMG, METRO Group and TRX Inc. Awarded at MicroStrategy World 2004 User Conference
Miami, FL (February 11, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today honored three companies for achieving outstanding enterprise-class business performance with their MicroStrategy-based business intelligence applications. The “Best Practices in Business Intelligence” award winners for 2004 are KPMG LLP, METRO Group and TRX Inc. These customers have deployed world-class business intelligence (BI) applications and are successfully leveraging them across the enterprise to boost revenue, enhance efficiency and productivity, strengthen customer relationships and increase their competitive advantage. The awards were announced at the company’s international user conference, MicroStrategy World 2004, in Miami, FL. The award categories and their winners are:
* Best Extranet Deployment: TRX Inc.
* Best User Scalability: KPMG LLP
* Best Data Scalability: METRO Group
“We’re pleased to honor these three companies, all industry leaders, for demonstrating best practices in their MicroStrategy business intelligence deployments,” said MicroStrategy COO Sanju K. Bansal. “The honorees have deployed innovative, enterprise-wide applications that help make thousands of their employees more efficient and proactive; they have harnessed vast, terabyte-sized databases for new insights to strengthen their internal operations and bring new value to their customers worldwide; and they have devised new, cost-saving solutions to common problems faced by business intelligence practitioners. We congratulate these three winners for their technology achievements and for making MicroStrategy software a critical component of their strategy to become better, smarter businesses.”
Following is a brief description of this year’s winners:
* TRX Inc.:TRX Inc., a Business Process Outsourcing (BPO) company, is the winner in the Best Extranet Deployment category. Serving one of the world’s largest credit card issuers, they developed and deployed an extranet allowing 5,200 corporate credit card customers to access and analyze credit card transactional detail. The 1.5-terabyte IBM® DB2-based data warehouse provides insight into corporate card activity, invoice detail, merchant summary information, spend categories, transaction level activity and travel details. “We were able to deploy a large-scale, highly secure extranet application in a four-month timeframe with MicroStrategy,” said Christopher M. Brittin, vice president at TRX Inc. “This application sets the standard for providing immediate access to and analysis of corporate data for thousands of end users.” Atlanta-based TRX Inc., the world’s largest processor and fulfiller of travel transactions, is a privately held company with 1,400 employees worldwide. TRX ranked #330 on the Inc 500 list of the fastest growing private companies in 2002, and has demonstrated over 698% sales growth over the past five years.
* KPMG LLP: A customer since 2000, KPMG LLP is the winner in the User Scalability category. The KPMG end-user community consists of 13,000 engagement partners, managers and coordinators working in 125 locations across the U.S. and Canada. They access 30,000 Excel report workbooks created bi-monthly by MicroStrategy, and these workbooks are accessible both via the web and via email. “The platform has enabled us to distribute critical data information to thousands of end users in a timely manner,” said Francis Powers, Associate Director of Enterprise Reporting at KPMG. KPMG LLP (www.us.kpmg.com) is the U.S. member firm of KPMG International. With nearly 100,000 people worldwide, KPMG International member firms provide audit, tax and advisory services from 715 cities in 148 countries.
* METRO Group:A customer since 1997, the METRO Group is the winner in the Best Data Scalability category for using the MicroStrategy platform to analyze terabytes of transactional, product, market and customer data, stored in a data warehouse that is based on Teradata®. “The MicroStrategy platform anchors a massive, worldwide data warehousing solution that includes thousands of MicroStrategy end users, accessing a growing 36-terabyte Teradata installation,” said Dr. Harald Boden, Head of Department Data Warehouse Systems at METRO Group Information Technology. “The MicroStrategy platform has the scalability and flexibility we need to support numerous analytical applications and thousands of users, as well as future applications that will support our operations across 28 countries. MicroStrategy’s business intelligence solution offers unique characteristics needed for a continuously growing large data warehouse environment.” METRO Group, the world’s fifth-largest retailer with sales revenues reaching EUR 51.5 billion in 2002, has approximately 240,000 employees and is now represented in 28 countries through its Metro/Makro Cash & Carry, Real, Extra, Mediamarkt, Saturn, Praktiker and Kaufhof brands.
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 2,500 enterprise-class customers, including General Motors, Best Buy, 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 and MicroStrategy Report Services 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 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
Lloyd’s Market Insurer Amlin Plc Selects MicroStrategy as Business Intelligence Standard
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Amlin plc has chosen the MicroStrategy Business Intelligence Platform� as its enterprise-wide business intelligence standard. Amlin plc is a leading insurer operating i
McLean, Va., (February 03, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Amlin plc has chosen the MicroStrategy Business Intelligence Platform(TM) as its enterprise-wide business intelligence standard. Amlin plc is a leading insurer operating in the Lloyd’s market, with managed capacity for 2003 of £1.1 billion.
Amlin is utilizing the MicroStrategy platform to analyze and report on policy, claims, exposure and reinsurance data; and to provide end users with the ability to understand and report on forecasts across all of their divisions. Amlin’s deployment was targeted at four groups of users, including executives, power users, managers and data analysts, running reports and analysis against a Microsoft® SQL Server data warehouse. With MicroStrategy, executives can view high-level customized summary data with drill- down capabilities where needed, and are able to gather summary-level data for managerial purposes. Power users can create and design custom reports and data analysts will use the data to identify and communicate trends in the market.
“We wanted a reporting solution that would perform well, be easy to use and scale throughout the organization to meet all of our reporting needs and enable us to make accurate decisions,” said David Harris, Operations Director, Amlin plc. “We were looking for the best solution to help us manage our regulatory information requirements whilst, at the same time giving us competitive advantage in our market. MicroStrategy is helping us to achieve our goals through a single integrated platform and a Web interface and by providing a way of managing standard reporting across the company so that we have consistent and well defined information sources that we can rely upon.”
“We’re proud to be working with a company such as Amlin plc, which is widely recognized for its financial strength and durability while providing clients with up-to-date best practices supported by leading -edge technology,” said MicroStrategy’s COO Sanju Bansal. “Three of the top five global insurance companies are MicroStrategy customers and are utilizing applications like customer analysis, financial analysis and compliance, fraud profiling and risk analysis.”
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 2,500 enterprise-class customers, including General Motors, Best Buy, 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 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 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