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MicroStrategy Named a Premier Member of IBM's Solution Developer Program
VIENNA, VA, November 9, 1998 — MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of mission-critical decision support systems, today announced that IBM has named it a premier member of the IBM Solution Developer Program. With over 24,000 companies in the Solution Developer Program, the premier membership recognizes MicroStrategy’s tremendous success in developing products that leverage the strengths of IBM’s DB2 Universal Database, Lotus Notes and other software tools. As a premier member, IBM will help facilitate the sale of MicroStrategy’s product line, DSS Suite™, to customers.
"The IBM Solution Developer Program premier membership further illustrates the strength of the MicroStrategy/IBM relationship and the synergy that exists between the two companies," said Sanju K. Bansal, chief operating officer at MicroStrategy Incorporated. "By combining the power of MicroStrategy’s decision support software products with IBM’s hardware, software and services, companies will be able to transform themselves into true e-businesses."
MicroStrategy’s latest product, DSS Broadcaster™, helps businesses maximize their investments in data warehouses and communication devices, such as email, fax, pager and mobile phone. As the industry’s first Information Broadcast Server, DSS Broadcaster delivers personalized analyses from data warehouses to common business media on a time or event triggered basis. By delivering personalized information from a DB2 Universal Database data warehouse to users, DSS Broadcaster helps organizations leverage their IBM software and hardware investments while extending access to information throughout and beyond the enterprise.
"MicroStrategy has consistently been a leader in developing innovative products that provide measurable benefits to Global 2000 companies, making the company an ideal candidate for the premier level of our Solution Developer Program," said Donna Troy, vice president, Global Solution Developer Alliances, IBM. "MicroStrategy is paving the way by enabling companies to develop e-commerce and decision support applications that create new business opportunities while improving operations, sales and marketing."
IBM Solution Developer Program
With more than 24,000 commercial members, having grown in number by 24 percent last year, the IBM Solution Developer Program is a worldwide program designed to help commercial software developers reduce development costs, take their products to market quickly, and broaden their business opportunities. The Premier and Advanced Alliance levels of the program recognize the leading 300 solution developers worldwide. The program facilitates the development and sale of third-party software applications running on IBM hardware and software platforms by providing business services, technical services, marketing services, sales support, and information services. The program is focused on leading-edge technologies that enable developers to deliver complete e-business solutions to their customers. For more information on the Solution Developer Program visit: http://www.developer.ibm.com.
About MicroStrategy Incorporated
MicroStrategy is a leading worldwide provider of enterprise decision support system (“DSS”) software and related services. MicroStrategy’s suite of products (DSS Suite™) enables both active and passive delivery of information from large-scale databases, providing Global 2000 enterprise user communities with timely answers to mission-critical questions.
MicroStrategy’s decision support platform enables users to query and analyze the most detailed, transaction-level databases, turning data into business intelligence. In addition to supporting internal enterprise users, MicroStrategy’s products extend DSS beyond corporate boundaries to customers, partners and supply chain constituencies through a broad range of pull and push technology such as the Internet, e-mail, telephones, pagers and other wireless communications devices. MicroStrategy also offers a comprehensive set of consulting, training and support services for its customers and partners.
MicroStrategy has over 650 customers across such diverse industries as retail, telecommunications, finance, insurance, healthcare, pharmaceuticals and consumer packaged goods. MicroStrategy’s customers use DSS Suite to perform mission-critical activities such as: customer segmentation and profitability analysis; supply chain management; one-to-one customer marketing; financial analysis; customer acquisition, retention, and churn analysis; merchandising and inventory analysis; product category management; and customer risk profiling. Representative MicroStrategy customers include American Express Travel Services, CVS Pharmacy, Harris Teeter, IMS America, Kmart, MCI WorldCom, Merck-Medco, Nike, and Ralston Purina. MicroStrategy has also entered into relationships with more than 145 system integration, application development and platform partners, including Acxiom, Andersen Consulting, HNC Software, IBM, NCR, and Oracle.
For more information, please visit MicroStrategy’s Web site: www.strategy.com.
This press release includes statements that may constitute “forward-looking” statements, usually containing the words believe”, “estimate”, “project”, “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause or contribute to such differences include 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, DSS Broadcaster, DSS Suite 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.