In a landmark new deal involving an initial order just over $5 million, MicroStrategy® Incorporated (NASDAQ: MSTR), a leading provider of business intelligence software, today announced that the U.S. Postal Service will deploy the MicroStrategy Business Intelligence Platform⢠enterprise-wide for
McLEAN, Va., (July 07, 2003) –
In a landmark new deal involving an initial order just over $5 million, MicroStrategy® Incorporated (NASDAQ: MSTR), a leading provider of business intelligence software, today announced that the U.S. Postal Service will deploy the MicroStrategy Business Intelligence Platform(TM) enterprise-wide for reporting, analysis and information delivery.
“The Postal Service is investing in business intelligence to improve the service we provide our customers as well as the efficiency of our operations,” said Robert Otto, Chief Technology Officer for the Postal Service. “This platform will eventually be used by up to 30,000 employees to enhance efficiencies in areas that include retail, financial, and network operations, transportation logistics, and supply-chain management.”
The Postal Service purchased over $5 million of MicroStrategy software licenses, education, and software support services in June 2003. Additionally, the Postal Service has acquired options to procure consulting services, education, and software support services over the next 5 years.
“We’re proud to work with an organization as prestigious as the Postal Service,” said MicroStrategy’s COO Sanju Bansal. “It’s MicroStrategy’s experience that large companies such as the Postal Service have found that business intelligence, when deployed on an enterprise scale, can have a remarkable impact on operational efficiency.”
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 2,000 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 JD Edwards. 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 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; 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 is a registered trademark 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