One of the Nation’s Leading E-tailers Deploys MicroStrategy Platform

Guide to E-Commerce Technology

FOR IMMEDIATE RELEASE

Contact:
Claudia Cahill
MicroStrategy Incorporated
(703) 848-8600
pr_info@microstrategy.com

MicroStrategy 7 Platform Enables Clicks and Mortar Retailer to Derive True Online Customer Knowledge

VIENNA, VA, May 23, 2001 — MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that JCPenney.com, the leading home and apparel site, is using the MicroStrategy platform. The relationship, which began in 1996, was extended in 2000 with the purchase of MicroStrategy 7™.

“We’re proud to do business with one of the world’s leading e-tailers,” said Sanju K. Bansal, chief operating officer of MicroStrategy Incorporated. “This relationship extends our presence in the retail market, and underscores the richness of MicroStrategy’s business intelligence platform. We are committed to giving our customers the business intelligence foundation that best supports their analytical, reporting or CRM applications.” MicroStrategy 7 is a scalable business intelligence platform built specifically for the Internet. Its pure-Web architecture provides the Web reporting, security, performance and standards critical for deployment over the Internet. To order a free copy of the MicroStrategy 7 Evaluation Edition, visit: www.microstrategy.com/eval.

About MicroStrategy
MicroStrategy is a leading provider of business intelligence software for Global 5000 organizations. Since 1990, the company has specialized in helping businesses transform their extensive operational data into actionable information. MicroStrategy’s business intelligence platform gives organizations solutions to all of their query, reporting, and advanced analytical needs, and distributes insight to users via Web, wireless, and voice. MicroStrategy 7™, the company’s scalable business intelligence platform, is built specifically for the Internet era. Its pure-Web architecture provides Web reporting, security, and performance, and standards that are critical for deployment over the Web. Within intranets, the company’s products provide employees with information to make better business decisions. In extranets, extended enterprises use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.

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 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.

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MicroStrategy and MicroStrategy 7 are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries Any 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 (the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the possibility that the securities class action and shareholder derivative settlement agreements will not obtain court approval or that the other conditions to the settlements 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.