Paul Demery , Managing Editor, B2B E-commerce
McLean, Va., October 6, 2005 - MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that Herbalife Ltd. (NYSE:HLF) has selected the MicroStrategy Business Intelligence Platform™ to facilitate sharing of pertinent information. Herbalife is a global network marketing company that sells weight management, nutritional supplement and personal care products intended to support a healthy lifestyle.
Currently, requests for complex business data can take several days to complete. With MicroStrategy’s zero-footprint Web interface, Herbalife employees will have vital information at their fingertips from consistent data sets, which will provide them with greater insight and improved analysis capabilities.
“MicroStrategy will provide our entire organization with sophisticated reporting and analysis capabilities,” said Tim Waters, vice president of business analysis at Herbalife. “We are impressed by their easy-to-use Web interface, their ROLAP technology to drill down to transaction level detail, and their exceptional scalability to expand with our growing international business.”
“Herbalife is a valued new customer and we are pleased that they have selected MicroStrategy as their enterprise standard,” said MicroStrategy’s COO Sanju Bansal. “Global companies like Herbalife have recognized that MicroStrategy`s industrial-strength platform provides outstanding enterprise-class reporting and sophisticated business intelligence applications."
Herbalife is a global network marketing company that sells weight management, nutritional supplement and personal care products intended to support a healthy lifestyle. Herbalife products are sold in 59 countries through a network of more than one million independent distributors. In 2004, the company had net sales of $1.3 billion. The company celebrated its 25th anniversary year with a worldwide distributor event in Atlanta, Georgia in April 2005. More information is available at www.herbalife.com.
Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (NASDAQ: MSTR) is available at www.microstrategy.com.
MicroStrategy and MicroStrategy Business Intelligence Platform are 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.