Selects MicroStrategy Over Brio, Business Objects and Cognos

McLEAN, Va., (October 23, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that CompAir, one of the world’s leading manufacturers of compressed air and gas systems, has successfully deployed the MicroStrategy Business Intelligence Platform(TM) in only four weeks. CompAir, with manufacturing facilities in North America, the United Kingdom, Continental Europe and China, selected MicroStrategy over Brio, Business Objects and Cognos in June of 2002 as the easiest business intelligence platform to customize, integrate and deploy for its rigorous strategic sourcing analysis.

Today, the strategic sourcing team at CompAir analyzes real-time, enterprise-wide information contained in an Oracle data warehouse. End users are able to easily run reports online and perform standard and ad hoc analyses aimed at reducing material costs associated with CompAir’s business.

“The single largest cost to our business is supplier expenditures,” said Mark Simmons, vice president of sourcing at CompAir. “With our MicroStrategy application, our strategic sourcing team is able to analyze supplier, commercial and technical information. The analyses drive a wide range of benefits such as supplier and component rationalization, thereby reducing direct material and other indirect costs by 10-15 percent. We’re taking advantage of the platform’s powerful analytics, tremendous reporting capabilities and user-friendly interface to help us to make better cost-cutting decisions.”

The supplier management application will also provide CompAir and third parties with online access to scorecards that post relevant supplier performance and CompAir order information. CompAir is now exploring the expansion of its MicroStrategy platform to other areas of the business, including sales order and operations management.

About CompAir

CompAir is one of the world’s leading manufacturers of compressed air and gas systems. The company has manufacturing facilities in the UK, Continental Europe, North America and China, with sales and service outlets in more than 95 countries worldwide.

CompAir’s compressors, equipment and services are in use across the globe, providing economic, clean, quality and reliable compressed air and gas for virtually every compressed air application from general industry, offshore, oil-free, construction, high pressure marine to gas compression. Its product ranges include rotary screw, oil-free, vane, piston and portable compressors, plus ancillary downstream products and services.

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.

MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 7i, Scalable Business Intelligence Platform Built for the Internet 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