Assessing Sales, Marketing and Finance Applications
McLEAN, VA (May 10, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Agriliance, LLC has expanded the deployment of the MicroStrategy Business Intelligence Platform(TM) for enterprise reporting and analysis. Headquartered in St. Paul, MN, Agriliance is the agronomy marketing joint venture formed by Land O’Lakes, Inc., Arden Hills, Minn.; CHS Inc., St. Paul, Minn.; and Farmland Industries, Kansas City, Mo.
Standardized on MicroStrategy since 2002, Agriliance has expanded its MicroStrategy deployment to support AgriMine (TM), an advanced information management tool with sophisticated data analysis capabilities. AgriMine links retailers and manufacturers to help get the most out of marketing programs. AgriMine identifies customer trends, purchasing habits and opportunities to strengthen customer relationships and increase dealer revenue and profits.
“We needed a solution that was flexible and scalable enough to provide a variety of reporting options to a large and diverse audience across the enterprise,” said Kim Meek, Director, BI, Strategic Marketing and Supply and Logistics Systems, Agriliance. “With MicroStrategy, our users are empowered with added insight to make more strategic and proactive decisions. We’re also able to more efficiently track and assess our business in today’s dynamically changing agribusiness environment.”
“Agriliance’s commitment to MicroStrategy is further evidence of the importance of business intelligence to large organizations today,” said MicroStrategy’s COO Sanju K. Bansal. “Leading companies are choosing MicroStrategy’s industrial-strength platform to gain increased visibility into their operations and make revenue-generating decisions. We are eager to continue and build our relationship with Agriliance and are pleased that they have been able to realize the significant benefits that our industrial-strength platform enables.”
About Agriliance
Agriliance (www.agriliance.com) is the agronomy marketing joint venture formed by Land O’Lakes, Inc., Arden Hills, Minn.; CHS Inc., St. Paul, Minn.; and Farmland Industries, Kansas City, Mo. Agriliance supplies crop nutrients, crop protection products, seed (through CROPLAN GENETICS®) and related technical services to farmers and ranchers through local cooperatives and independent retailers in all 50 states, Canada and Mexico.
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 2,600 enterprise-class customers, including General Motors, 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, HP, and Teradata, a division of NCR. 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.
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, MicroStrategy Office 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