MicroStrategy Selected for its Superior Web Presentation and Ease of Use
McLEAN, Va., (March 21, 2002) –
MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, today announced that the University of Miami is using the MicroStrategy Business Intelligence Platform(TM) to gain insight into its academic environment and student population and drive decision-making on admissions and enrollment processes. The University of Miami, which offers a wide selection of academic disciplines from accounting to women’s studies, is comprised of fourteen schools and colleges and has approximately 14,500 enrolled students and 2,160 new freshmen.
“MicroStrategy software provides the University of Miami with an innovative way to organize and share information about our students, and drive our admissions and enrollment decisions,” said Mary Sapp, executive director of planning and institutional research at the University of Miami. “With MicroStrategy, we can easily pull up reports about our current student body or applicant pool and make important decisions on admissions acceptances and enrollment questions.”
The University of Miami is using MicroStrategy Web(TM) to analyze its student data in order to get a better profile of its applicant pool and existing student body. End users across the various schools and colleges are able to run reports that examine demographic data, standardized test scores and other admissions and enrollment-related information to make critical admissions and enrollment decisions. Analysis of the data can be done across the student body or at the individual level, with student-specific identifiers removed to ensure individual privacy. The institution is currently developing two additional business intelligence applications – financial and human resources – that it will deploy on the MicroStrategy platform in the near future.
About the University of Miami
The University of Miami is the largest, most comprehensive private research university in the southeastern United States with a well-earned reputation for academic excellence. Approximately 14,500 undergraduate and graduate students from every state and more than 100 nations around the world call UM home during the academic semesters. The University has grown from its main location in the City of Coral Gables to the medical campus located in Downtown Miami, the Rosenstiel School of Marine and Atmospheric Science on Virginia Key, the John J. Koubek Center in Little Havana, the James L. Knight Center in Downtown Miami, and the South and Richmond campuses in southwest Miami-Dade county. With more than 9,000 full-time faculty and staff, UM is the second largest private employer in Miami-Dade County.
About MicroStrategy Incorporated
Leadership in a Critical Market: Founded in 1989, MicroStrategy is a worldwide leader in the critical business intelligence software market. Large and small companies alike are harnessing MicroStrategy’s business intelligence software to gain vital insights from their data to help them proactively enhance cost-efficiency, productivity and customer relations and optimize revenue-generating strategies. MicroStrategy’s business intelligence platform offers exceptional capabilities that provide organizations — in virtually all facets of their operations — with user-friendly solutions to their data query, reporting, and advanced analytical needs, and distributes valuable insight on this data to users via Web, wireless, and voice. PC Magazine recently selected MicroStrategy 7(TM) as the 2001 “Editors’ Choice” for business intelligence software.
Built for the Internet: MicroStrategy 7 is the Scalable Business Intelligence Platform Built for the Internet(TM). Its pure-Web architecture provides Web reporting, security, performance and standards that are critical for Web deployment. Within intranets, MicroStrategy’s products provide employees with information to enable them to make better, more cost-effective business decisions. In extranets, enterprises can use MicroStrategy 7 to build stronger relationships by linking customers and suppliers via the Internet.
Diverse Customer Base: MicroStrategy’s customer base cuts across industry and sector lines, with approximately 1,500 enterprise-class customers, including Lowe’s Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 400 systems integrators and 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.
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; 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 7, Scalable Business Intelligence Platform Built for the Internet, MicroStrategy Web 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.
Alka Nayyar
MicroStrategy Incorporated
(703) 847-4897
anayyar@microstrategy.com
Source: MicroStrategy