MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Retail Ventures Services, Inc. (a subsidiary of Retail Ventures, Inc., NYSE: RVI), has chosen the MicroStrategy Business Intelligence Platform™ as its enterprise report

McLean, Va., (February 23, 2004) –

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Retail Ventures Services, Inc. (a subsidiary of Retail Ventures, Inc., NYSE: RVI), has chosen the MicroStrategy Business Intelligence Platform(TM) as its enterprise reporting standard.

RVI operates a strong portfolio of off-price retailing brands with three very distinct retail concepts: Value City Department Stores, DSW and Filene’s Basement. These brands encompass the off-price retail segment, both in terms of price point and merchandising, as well as geography. Value City Department Stores, DSW and Filene’s Basement employees, merchandising analysts, and senior management, will use MicroStrategy software to analyze customer data and product inventories. Ken DeWitt, RVI Sr. Vice President and CIO, stated that, “end users will be able to perform sales, category and inventory management analyses in order to more effectively track promotions, product mix and inventory levels.”

“Retail Ventures’ commitment to MicroStrategy is further proof of the importance of business intelligence to large corporations today,” said MicroStrategy’s COO Sanju K. Bansal. “Leading retailers like Value City Department Stores, DSW and Filene’s Basement are choosing MicroStrategy’s industrial-strength platform to gain visibility into their operations and make revenue-generating decisions that please management, shareholders, and most importantly, a discerning customer base.”

About Retail Ventures, Inc.

Retail Ventures, Inc., headquartered in Columbus, Ohio, is a leading off- price retailer with stores in the Midwest, Northeast and Southeast. It currently operates 116 Value City Department Stores, 142 DSW stores and 21 Filene’s Basement stores.

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 2,500 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, 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 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