MicroStrategy Sees Strong Positive Market Response to its Evaluation Software
MicroStrategy – Only Business Intelligence Company to Provide Free Evaluation Software – Ships Copy #3200
MCLEAN, Va., August 7, 2001 – MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced it has shipped 3200 Evaluation Editions of MicroStrategy 7™, the Scalable Business Intelligence Platform Built for the Internet™. MicroStrategy is the only company that offers site visitors, prospects, customers and partners the opportunity to receive its business intelligence software and excellent customer support for a free, 30-day trial in a packaged evaluation edition.
“With MicroStrategy’s Evaluation Edition, we were able to quickly and easily assess how effectively the MicroStrategy 7 platform would meet our business needs,” said Peter Adamo, vice president of technology at Excite Canada. “The Evaluation Edition made it clear how simple it is to set up a MicroStrategy-based solution on our data. Being able to determine within three weeks whether MicroStrategy was the right solution for our reporting and business intelligence requirements allowed us to run our selection process smoothly and avoid the hassle of a lengthy sales cycle.”
“Corporations are always looking for better ways to optimize their businesses – MicroStrategy 7 provides solutions to help business achieve higher efficiency and enhance business performance,” said Sanju K. Bansal, chief operating officer of MicroStrategy Incorporated. “The number of visitors to our site that have ordered our Evaluation Edition is indicative of the growing interest companies have in our business intelligence technology and is an endorsement of the strength of our platform. The fact that our competitors do not provide a packaged evaluation edition to the public is noteworthy.”
With MicroStrategy 7, organizations can quickly and easily set up out-of-the-box business intelligence solutions that can help drive efficiency and productivity across all aspects of their business. MicroStrategy 7 offers exceptional Web-based query, reporting and analysis, rapid deployment functionality and intelligent information delivery capability via Web, wireless and voice.
“MicroStrategy has packaged the equivalent of two person-weeks of MicroStrategy consulting expertise into the Evaluation Edition,” added Bansal. “Customers can quickly map their business model to their data, and start to better understand their business.”
For more information on the Evaluation Edition, join MicroStrategy Product Manager Fred Richards for a live online seminar on Thursday, August 9, 2001at 12:00 PM EDT. Anyone interested in learning how easy it is to install MicroStrategy’s Evaluation Edition is encouraged to register for the seminar at http://www.microstrategy.com/Events/Online_Seminars/register.asp?ID=270.
About MicroStrategy
For 11 years, MicroStrategy has helped corporations transform their operational data into actionable information. Its flagship product is MicroStrategy 7™, the Scalable Business Intelligence Platform Built for the Internet™. Its pure-web architecture provides the Web querying, reporting, security, performance, and standards that are critical for deployment over the Internet. With proven data and user scalability, MicroStrategy is capable of analyzing today’s growing multi-terabyte data warehouses and distributing information to millions of users via Web, wireless and voice. The open and flexible platform provides the business intelligence foundation for query, reporting and advanced analytical applications across the enterprise and out to partners and customers in extranet deployments.
MicroStrategy has approximately 1,100 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, First Union Corporation and GlaxoSmithKline. MicroStrategy also has relationships with over 200 systems integrators, application development, and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards.
MicroStrategy was founded in 1990 and is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy’s software, please visit MicroStrategy’s Web site at http://www.microstrategy.com.
MicroStrategy, MicroStrategy 7, Scalable Business Intelligence Platform Built for the Internet 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.
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 possibility that the conditions to the securities class action and shareholder derivative settlement agreements will not be satisfied; 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 7 software on a timely basis; adverse reaction by the Company’s employees, investors, customers, vendors and lenders to the restatement of the Company’s financial results or its future prospects; 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.
Contact:
Alka Nayyar
MicroStrategy Incorporated
(703) 848-8600
pr_info@microstrategy.com
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