MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Chela Financial has successfully deployed the MicroStrategy Business Intelligence Platform™ to improve its educational financing offerings by more effectively tracking

McLean, Va., (June 12, 2003) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Chela Financial has successfully deployed the MicroStrategy Business Intelligence Platform(TM) to improve its educational financing offerings by more effectively tracking its loan origination and acquisition volume. Chela Financial, with headquarters in San Francisco, CA, is a leading not-for-profit education financing company.

Chela Financial’s analysts and senior management use MicroStrategy software to monitor its $2.4 billion student loan portfolio. End users are able to evaluate the performance of these loans, monitor past acquisitions and originations, and provide analysis that improves the modeling of future loan acquisitions and originations.

“MicroStrategy supports our business intelligence needs, enabling us to effectively analyze financial information through a secure environment,” said Douglas Dolton, chief operating officer at Chela Financial. “Our MicroStrategy-based system is an outgrowth of our focus on superior customer service. Using MicroStrategy, we’ve been able to improve our educational financing offerings, underscoring our commitment to providing students with the best products and services.”

Chela Financial also uses MicroStrategy technology to report on the origination composition of its loans. End users, for instance, can track application volume, identify the options applicants choose at the time of loan origination, and ensure that Chela Financial is approving loans to meet underwriting criteria. End users are also able to track application volume by channel performance –determining the success rate of Web-based applications versus telephone-based applications.

Of the MicroStrategy reports fulfilled per month, 30 percent are ad hoc queries that are run against an Oracle® loan origination data warehouse and a SQL Server® servicing data warehouse.

About Chela Financial

Since 1979, Chela Financial has been committed to helping students and their families find the financial resources to unleash their potential with loans, scholarships, and information. As a leading not-for-profit education finance company, Chela Financial has helped students achieve their educational goals by financing approximately $4 billion of loans. The company is actively involved in community-based programs and has dedicated more than $2 million to scholarship and outreach programs. In addition to providing student loan secondary market services, Chela Financial originates private education loans, the AcademicEdge® Loan and the CalEdge Loan, as well as the Federal Stafford Loan, the Federal PLUS Loan, and the OnePay Consolidation Loan. For more information, please visit www.loans4students.org.

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