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MicroStrategy and SAIC Form Alliance to Provide Business Intelligence and Narrowcasting Capabilities to both Government and Commercial ClientsVIENNA, Va., Sept. 11 -- MicroStrategy® Incorporated (Nasdaq: MSTR) a leading worldwide provider of Intelligent E-Business(TM) software, today announced a strategic alliance with Science Applications International Corporation (SAIC). Through this alliance, SAIC will provide MicroStrategy's business intelligence and narrowcasting capabilities to both commercial and government customers. With more than 41,000 employees and $5.5 billion dollars in revenues, SAIC has a strong presence in the IT markets in numerous business fields including criminal justice, energy, environment, financial services, health care, maritime, national security, space, telecommunications and transportation. The SAIC/MicroStrategy relationship will provide these information intensive industries with the powerful MicroStrategy 7(TM) platform for analyzing enormous data warehouses to create business insight.The need for business intelligence and narrowcasting solutions has become increasingly clear for businesses in the private and government sectors. With the growing size of corporations and government agencies, the need for efficient information analysis and information sharing is critical for the overall success of an organization. A business intelligence platform allows for the analysis of data stored in the data warehouses. Business intelligence helps organizations use information to make better business decisions and helps them to provide customers or constituents with the information they want or need. Narrowcasting is the ability to contact individuals, whether they be employees or customers, with information relevant specifically to that person. Information is delivered proactively based on preset criteria in the data warehouse, and can be sent via web, wireless or voice. The alliance between MicroStrategy and SAIC combines the full service and integration capabilities of SAIC with MicroStrategy's business intelligence and narrowcasting capabilities in order to provide powerful solutions to Fortune 2000 companies and government agencies. The combined team approach will be beneficial for customers, allowing them to analyze information stored in the database then send that information out to the people who need it via web, wireless or voice. ``The need for business intelligence and narrowcasting applications is growing at a rapid pace,'' said Sanju K. Bansal, chief operating officer of MicroStrategy Incorporated. ``Sophisticated analysis of information is now a necessity for doing business, and SAIC recognizes that this applies to both government and commercial industries. SAIC has successfully implemented many data warehouse solutions for large clients, and we expect that this relationship will lead to more satisfied customers.'' SAIC will resell and integrate MicroStrategy 7, MicroStrategy's recently launched business intelligence platform, into the overall IT infrastructure of companies, providing a foundation on which companies can build powerful applications. MicroStrategy 7 meets key needs of e-business organizations, offering the ability to analyze very large data warehouses, provide an easy to use analysis workflow, leverage an open XML based web-centric architecture, and scale to millions of users. MicroStrategy 7 is ideal for building numerous applications, including business intelligence, eCRM, narrowcast networks, ERP analytics, mobile commerce and click-stream analysis. ``Our clients are looking for leadership technologies that unlock the value of information stored in the data warehouse,'' said Mike Daniels, Sector Vice President of SAIC. ``With the size of data warehouses growing and the increasing impatience of the public to have easy access to corporate and government information, the organizations we work with are under considerable pressure to turn to a business intelligence solution. MicroStrategy's business intelligence platform provides significant analytic capabilities and system scalability which we expect to be helpful to many of our customers.'' About SAIC SAIC is the nation's largest employee-owned research and engineering company, providing information technology, systems integration and eBusiness products and services to commercial and government customers. SAIC engineers and scientists work to solve complex technical problems in telecommunications, national security, health care, transportation, energy, the environment and financial services. With annual revenues exceeding $5.5 billion, SAIC and its subsidiaries, including Telcordia Technologies, have more than 41,000 employees at offices in more than 150 cities worldwide. More information about SAIC can be found on the Internet at www.saic.com. About MicroStrategy Incorporated MicroStrategy is a leading worldwide provider of Intelligent E- Business(TM) software and related services. MicroStrategy's technology platform is creating a new generation of one-to-one e-business solutions that enable global 2000 organizations to build personal relationships with their partners, supply-chains, and customers. MicroStrategy delivers these solutions via web, wireless, and voice. In addition to its industry leading technology, MicroStrategy also offers a comprehensive set of consulting, training and support services for its customers and partners. MicroStrategy has approximately 1,000 customers across such diverse industries as retail, finance, telecommunications, dot-com, insurance, healthcare, pharmaceuticals and consumer packaged goods. MicroStrategy also has entered into relationships with more than 270 systems integrators, application development and platform partners. For more information, please visit MicroStrategy's Web site: www.microstrategy.com. MicroStrategy, Intelligent E-Business and MicroStrategy 7 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 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 7 software and Strategy.com network 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. Editorial Contact: Mr. Michael Quint MicroStrategy 703-848-8600 info@microstrategy.com top of page |
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