Intelligent Enterprise Publisher Presents Award Today at MicroStrategy HQ
McLean, Va., (January 29, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that it has won Intelligent Enterprise magazine’s 2004 Editors’ Choice Award as one of the “most influential companies enabling the intelligent enterprise.” Intelligent Enterprise’s publisher Fritz Nelson today will present the prestigious award to MicroStrategy executives at the company’s headquarters in McLean, Virginia.
In explaining its selection of MicroStrategy for the award, Intelligent Enterprise stated: “Probably the number one reason we’re still talking about MicroStrategy is that big customers, with big data warehouses, stuck with the company’s BI and analysis products. In 2003, MicroStrategy announced a number of major deals for new and increased business with high-profile organizations, including eBay, Ace Hardware, and the U.S. Postal Service. The positive business is surely due to the second reason: The company went back to work and produced good products.”
Intelligent Enterprise further noted: “Web-based and architecturally integrated, the [MicroStrategy] 7i Business Intelligence Platform and related tools hit the mark, especially for organizations employing advanced BI against large data resources. As a single, integrated platform with tools that share the same metadata, 7i offered a tempting alternative to the software kludge that adds difficulty to many BI implementations. In November 2003, the company threw its hat into the red-hot enterprise reporting market with MicroStrategy Report Services. The new release emphasizes a highly flexible user environment and fast, Web-based production reporting.”
“We’re very proud to receive this honor from Intelligent Enterprise magazine,” said MicroStrategy COO Sanju Bansal. “MicroStrategy continues to be praised for its leadership in producing business intelligence technology that can drive the most critical operations of leading companies worldwide.”
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 2,300 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 Hewlett-Packard. 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 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, MicroStrategy Business Intelligence Platform, MicroStrategy Report Services, 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.
Marc Brailov
MicroStrategy Incorporated
(703) 770-1670
mbrailov@microstrategy.com
Source: MicroStrategy