Release of Web Universal for Unix Systems a Milestone for MicroStrategy
McLEAN, Va., (December 03, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the MicroStrategy Web Universal product, released in the fourth quarter of 2002, is available on IBM’s WebSphere* Application Server and AIX* operating systems. MicroStrategy Web Universal, a component of the MicroStrategy 7i(TM) business intelligence platform, provides a J2EE(TM) compliant, zero-footprint Web interface that runs on Unix®, Linux® and Windows® platforms.
“We are pleased that MicroStrategy has selected IBM WebSphere as a key application server for its MicroStrategy Web Universal product,” stated Bill Reedy, VP of WebSphere Business Development at IBM. “Enabling MicroStrategy Web Universal for IBM WebSphere will provide businesses with sophisticated business intelligence solutions for managing their customer, partner and employee relationships.”
“MicroStrategy is proud to announce a milestone achievement with the recent release of MicroStrategy Web Universal on Unix systems,” said Sanju K. Bansal, vice chairman and chief operating officer of MicroStrategy Incorporated. “Our joint customers are now able to take advantage of MicroStrategy’s zero-footprint Web client on their current IBM WebSphere infrastructure. This creates new opportunities for enterprises to utilize our industrial-strength MicroStrategy 7i platform.”
For more information on MicroStrategy Web Universal visit MicroStrategy’s Web site:
http://www.microstrategy.com/news/pr_system/press_release.asp?ctry=167&id=922.
About MicroStrategy Incorporated
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, Hewlett-Packard, and JD Edwards.
MicroStrategy is listed on Nasdaq under the symbol MSTR. 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.
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; 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.
*Indicates trademark or registered trademark of International Business Machines Corporation.
MicroStrategy, 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.
Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com
Source: MicroStrategy