MicroStrategy Added to Russell 2000 Stock Index
VIENNA, Va.--July 16, 1999--MicroStrategy(R)
Incorporated (NASDAQ: MSTR), a leading worldwide provider of business
intelligence software, announced today that it has recently been added
to the Russell 2000(R).
The Russell 2000 is one of the better known indexes used to
measure the performance of U.S. small company stocks.
"Since becoming a publicly-traded company last year,
MicroStrategy has been dedicated to pursuing business intelligence and
e-business initiatives that bring value to both our customers and our
shareholders," said Michael J. Saylor, president and CEO of
MicroStrategy Incorporated. "We are pleased to be a new addition to
the Russell 2000."
The Russell 2000 stock index, sponsored by the Frank Russell
Company, represents a select list of publicly traded small companies.
The Frank Russell Company also maintains the Russell 1000(R) and the
Russell 3000(R). These stock indexes allow investors to track current
and historical market performance by market segment and investment
About MicroStrategy Incorporated
MicroStrategy is a leading worldwide provider of e-business
intelligence software and related services. MicroStrategy's product
line, DSS Suite(TM), enables both proactive and interactive delivery
of information from large-scale databases, providing Global 2000
enterprises a platform for developing solutions that deliver insight
and intelligence to their enterprise, supply-chain, and customers.
MicroStrategy's 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 platform delivers critical business information 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's platform is ideal for
developing e-business solutions that are personalized and proactive,
and that reach millions of users. MicroStrategy also offers a
comprehensive set of consulting, training and support services for its
customers and partners.
MicroStrategy has over 750 customers across such diverse
industries as retail, telecommunications, finance, insurance,
healthcare, pharmaceuticals and consumer packaged goods.
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 185 systems
integration, application development and platform partners, including
Axiom, HNC Software, IBM, NCR, and Oracle.
For more information, please visit MicroStrategy's Web site:
MicroStrategy and 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.
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.
CONTACT: MicroStrategy Inc., Vienna Lisa Nolan, 703/848-8692 email@example.com