Press Releases
Anexinet Expands Business Intelligence Offerings With Strategic Alliance With MicroStrategy
Strategic Partnership Will Continue To Help Anexinet's Clients Work Smarter, Faster and More Effectively
Philadelphia, PA & Washington D.C. - November 15, 2001 - Anexinet, a business intelligence, net infrastructure and e-systems integrator, announced today that it was chosen to participate in the MicroStrategy Preferred Reseller Program.
In this new alliance with MicroStrategy, Anexinet has agreed to be a software license reseller and consulting services provider, which will lead to the integration of MicroStrategy's products into Anexinet's current, and future, custom technology solutions.
The program is in line with MicroStrategy's partner focus in developing key relationships with IT Solution Providers that meet certain criteria and standards. Anexinet will serve as the exclusive preferred reseller in the Tri-State Area, covering Pennsylvania, New Jersey, and Delaware.
"This relationship increases our ability to deliver Business Intelligence Solutions to our clients today, and into the future," said John Parker, Head of Business Intelligence at Anexinet. "Enterprises looking to increase ROI from their Business Intelligence and Knowledge Management systems must migrate from today's current processes that utilize single threaded pull technology, to more robust closed-loop management systems. MicroStrategy is the only platform today offering the ability to automatically act on information received with the ability to track the entire process no matter where you are."
"Anexinet's experienced team has made it into one of the region's leading enterprise professional services organizations, and we are pleased and proud they've chosen our technology platform to deliver true business value to their customers," said Brian Reitenauer, Vice President for Strategic Partners at MicroStrategy. "Anexinet's Business Intelligence vision, proven methodology and implementation successes make it an ideal partner for implementing our preferred reseller program."
About MicroStrategy, Inc.
Leadership in a Critical Market: Founded in 1989, MicroStrategy is
a worldwide leader in the increasingly 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 1,300 enterprise-class customers, including Lowe's Home Improvement Warehouse, AT&T Wireless Group, Wachovia and GlaxoSmithKline. MicroStrategy also has relationships with over 375 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 MicroStrategy's software, please visit MicroStrategy's Web site at http://www.microstrategy.com.
MicroStrategy, MicroStrategy Web, MicroStrategy 7, MicroStrategy Business Intelligence Platform, Scalable Business Intelligence Platform Built for the Internet 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 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.
About Anexinet
Anexinet, a premier solutions integrator based in Philadelphia, applies leading-edge technology to complex business challenges to simplify business processes, strengthen IT organizations and provide competitive advantage. Anexinet offers application development, implementation and integration, business intelligence and technology infrastructure services to mid-sized and Fortune 1000 companies in the mid-Atlantic region. Anexinet's experienced consultants ensure the success of each client's solutions through the company's S.A.F.E-T2™ delivery model, a proven and pragmatic approach based on more than 20 years of collective best practices in business-based technology. Clients include ACE Insurance, Exelon and SEI Investments.
Anexinet: Where Leading-Edge Technology Meets Competitive Advantage.
All products and trademarks referred to are the property of their respective owners.