08/10/2004

MicroStrategy (NASDAQ: MSTR), the provider of business intelligence software, expanded its relationship with the world’s second largest retailer, Carrefour. Carrefour, Europe’s largest retailer, operates more than 10,600 stores in 29 countries and employs nearly 450,000 people.

MicroStrategy offered these details:

Carrefour, a MicroStrategy customer for several years now, already has an important number of users and will continue the rollout of its business intelligence solution, based on MicroStrategy technology, in new countries.

“Our deal with Carrefour is a crowning achievement for MicroStrategy and validation of the value our business intelligence technology brings to businesses,” said MicroStrategy’s COO Sanju Bansal. “MicroStrategy software is recognized for its user-friendly reporting features, data scalability and its ability to be Web-deployed to thousands of users securely. Business intelligence is a critical capability for many of the largest companies of the world and MicroStrategy is a leader in this business.”

MicroStrategy now boasts as customers seven of the top ten global retailers; six of the top ten U.S. diversified financial services companies; seven of the top ten U.S. consumer products companies; each of the top five U.S. commercial and savings banks; each of the top ten U.S. pharmaceutical companies; and nine of the top ten telecom companies.