Facilitating & Speeding Intranet and Extranet Application Integration and Deployment

McLEAN, Va., (October 07, 2002) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today reported that its recently released Web Services Development Kit is earning praise from MicroStrategy partners and enabling them to provide enhanced reporting and analysis capabilities to their customers. Available through its business intelligence platform MicroStrategy 7i(TM), the Web Services Development Kit allows systems integrators to help organizations quickly build, integrate and deploy analytical applications to corporate intranets and extranets using the Web services framework.

“Web services play a significant role in fully optimizing the application of business intelligence software,” said Sanju Bansal, MicroStrategy’s Vice Chairman and COO. “MicroStrategy’s Web Services Development Kit allows companies to incorporate MicroStrategy 7i’s sophisticated reporting and analysis functionality directly into their corporate portals, extranets, and operational applications. With the Web Services Development Kit, MicroStrategy 7i business intelligence applications deliver data integrity enterprise-wide because they can feed, in real-time, the correct data, calculations and analytics to a company’s operational applications.”

“With MicroStrategy’s Web Services Development Kit, we can now very quickly and easily meet customer demands by providing them with the sophisticated analytical strength of business intelligence applications as Web services,” said John Parker, chief technology officer at Anexinet. “MicroStrategy 7i’s reliability and performance ensure that our business intelligence applications allow our customers to make business decisions based on the latest, most accurate data.”

The new Web Services Development Kit opens up all the business intelligence functionality, ranging from basic performance reporting to statistical analysis, available in the MicroStrategy 7i Business Intelligence Platform(TM) as Web services. MicroStrategy 7i’s pure XML-based architecture requires no ‘adapters’, as does Cognos, or ‘bolt-on’ code, as does Business Objects, to translate data into XML for use with any Web services-compatible system.

“The point of Web services for business intelligence (BI) is to integrate reporting, query, and analysis functions into almost any kind of application, portal, or extranet, both inside and outside an enterprise,” said Philip Russom, research director at Giga Information Group, Inc. In a recent Giga report, Building Web Services for Business Intelligence, July 2002, Russom notes that “BI Web services show promise and could well be a commonly applied enabling technology (especially with Business-to-Business BI) within the next two years …[and] it makes sense for CIOs to foster education via exploratory projects with BI Web services.”

Nithi Vivatrat, managing director at Claraview states: “MicroStrategy now delivers the power of its business intelligence platform through Web services, making it easier for organizations to provide end users with the information and reporting functionality they need.” He added, “MicroStrategy’s Web Services Development Kit will allow our customers to easily and effectively share information within and beyond their organizations and make more informed business decisions.”

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 7, MicroStrategy SDK, 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