MicroStrategy to Support Information Sharing Among Law Enforcement, Intelligence & Homeland Security Agencies
McLEAN, Va., (October 11, 2004) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the Federal Bureau of Investigation (FBI) will be deploying MicroStrategy as its business intelligence platform to support the Bureau’s Investigative Data Warehouse. MicroStrategy’s technology will support information sharing among law enforcement, intelligence and homeland security agencies.
Information sharing among these agencies — essential to national security — will be supported by MicroStrategy’s ability to provide a Web-based, collaborative environment for hundreds of analysts to access vast amounts of data to respond and react to possible homeland security threats.
The purchase of MicroStrategy’s software and services is valued at approximately $720,000.
MicroStrategy’s platform will be used with other tools to help FBI analysts identify critical pieces of intelligence within the massive information repository that they utilize to drive investigative and intelligence activities. Specific MicroStrategy capabilities required by the FBI for this project include a secure architecture and the ability to provide real-time access to the full breadth and depth of information stored in the data warehouse.
“MicroStrategy is extremely proud that it will be used by the FBI for these critical applications, as they are so clearly vital to the nation’s security,” said MicroStrategy’s COO Sanju Bansal. “Federal and state government agencies are selecting MicroStrategy’s monitoring, reporting, and analysis platform to gain better visibility into their operations and to aid decision-making on a wide range of important matters.”
MicroStrategy’s federal customers include the U.S. Postal Service, the Centers for Medicare and Medicaid Services, National Institutes of Health, U.S. Census Bureau, Department of Housing & Urban Development, Department of Homeland Security, U.S. Air Force and U.S. Army.
About MicroStrategy
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 2,800 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 and MicroStrategy Report Services 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 7i Universal Edition, 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