New âReport Servicesâ Technology Gaining Momentum
McLEAN, Va., (November 24, 2003) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that PRG-Schultz International, Inc. (NASDAQ: PRGX) has selected MicroStrategy Report Services(TM) for enterprise-wide reporting and analysis. Headquartered in Atlanta, PRG-Schultz International, Inc. (PRG-Schultz) is the world’s leading provider of recovery audit services.
“With MicroStrategy Report Services, more PRG-Schultz team members will be able to realize the benefits of business intelligence,” said Eric Goldfarb, CIO, PRG-Schultz International, Inc. “MicroStrategy Report Services creates content-rich, user-friendly reports that empower our employees – to make more efficient and proactive decisions. After evaluating the new product, we found MicroStrategy Report Services to be both feature-rich and reliable.”
MicroStrategy Report Services simplifies the deployment of business intelligence applications throughout a large organization – to all its employees, customers, and suppliers – and delivers the entire range of enterprise report types that companies need. Over 500 PRG-Schultz employees will be using MicroStrategy Report Services to run reports and analysis against a 300-gigabyte Microsoft SQL Server database. This will markedly enhance such existing applications as financial reporting, human resource reporting, operational analysis reporting, auditor reporting and sales reporting.
“MicroStrategy Report Services is combining the best in business analytics and reporting to bring customers an integrated technology that is designed to fulfill their analytical data and reporting requirements enterprise-wide,” said MicroStrategy’s COO Sanju Bansal. “We’re proud that PRG-Schultz has selected MicroStrategy Report Services – which is already receiving high praise from our customers and industry analysts.”
About PRG-Schultz International, Inc.
Headquartered in Atlanta, PRG-Schultz International, Inc. (PRG-Schultz) is the world’s leading provider of recovery audit services. PRG-Schultz employs approximately 3,500 employees, providing clients in over 40 countries with insightful value to optimize and expertly manage their business transactions. Using proprietary software and expert audit methodologies, PRG-Schultz industry specialists review client invoices, purchase orders, receiving documents, databases, and correspondence files to recover lost profits due to overpayments or under-deductions. PRG-Schultz is retained on a pay-for-performance basis, receiving a percentage of each dollar recovered.
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 HP. 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 http://www.microstrategy.com.
MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy Report Services, 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