MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Deloitte & Touche in Spain has purchased additional licenses of the MicroStrategy Business Intelligence Platform⢠to deploy a mission-critical corporate performance man
McLean, Va. (June 26, 2003) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Deloitte & Touche in Spain has purchased additional licenses of the MicroStrategy Business Intelligence Platform(TM) to deploy a mission-critical corporate performance management application across its enterprise. Deloitte & Touche in Spain is a member firm of Deloitte Touche Tohmatsu, one of the world’s leading professional services organizations.
“MicroStrategy is one of the leaders in the business intelligence market, and an important component of our services and products portfolio,” said Joaquín Aspiroz, Partner in Management Solutions at Deloitte & Touche in Spain. “Over the years, Deloitte & Touche in Spain has implemented MicroStrategy-based systems at many leading companies. This new deal with MicroStrategy will expand the reach of our corporate performance reporting system, which we view as one of our most important, internal reporting projects.”
The enterprise-wide reporting application will enable approximately 800 partners, managers and other professionals to perform corporate performance management analyses and run reports against a SQL Server data warehouse. Users will be able to more effectively track valuable business information, such as time distribution reports, net fees, job inventory, backlog, accounts receivable, profit and loss items, and service line and industry line reports.
“We value our relationship with Deloitte & Touche in Spain,” said MicroStrategy’s COO Sanju Bansal. “MicroStrategy’s sophisticated capabilities — proven scalability to thousands of users and to terabytes of data, ease-of-use, exceptional analytical flexibility and industrial-strength reliability — make it an ideal business intelligence platform for Deloitte & Touche’s internal reporting initiatives as well as for the complex business requirements of Deloitte & Touche customers.”
About Deloitte & Touche in Spain
Deloitte & Touche in Spain is a member firm of Deloitte Touche Tohmatsu, one of the world’s leading professional services organizations. The member firms of Deloitte Touche Tohmatsu deliver world-class assurance and advisory, tax, and consulting services. With more than 119,000 people in more than 140 countries, the member firms serve over one-half of the world’s largest companies, as well as large national enterprises, public institutions, and successful, fast-growing global growth companies. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit: www.deloittetouche.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 2,000 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, and JD Edwards. 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 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; 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 is a registered trademark 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