ENGINEERING

MicroStrategy has announced financial results for the three-month period ended June 30, 2010 (the second quarter of its 2010 fiscal year).

Second quarter 2010 revenues were $107.5 million versus $87.8 million for the second quarter of 2009, a 23% increase. Product licenses revenues for the second quarter of 2010 were $28.9 million versus $20.5 million for the second quarter of 2009, a 41% increase. Product support and other services revenues for MicroStrategy's core business intelligence (BI) business in the second quarter of 2010 were $74.5 million versus $64.1 million for the second quarter of 2009, a 16% increase.

Operating expenses for the second quarter of 2010 were $68.8 million versus $55.3 million for the second quarter of 2009, a 24% increase. During the second quarter of 2010, MicroStrategy capitalized $2.2 million in research and development costs associated with the development of its MicroStrategy Mobile software, while no software development costs were capitalized during the second quarter of 2009.

Net income for the second quarter of 2010 was $11.6 million, or $0.97 per share on a diluted basis, compared to $10.0 million, or $0.81 per share on a diluted basis, for the second quarter of 2009.

During the second quarter of 2010, MicroStrategy repurchased 368,055 shares of its class A common stock at an average price per share of $73.69 and an aggregate cost of $27.1 million. As of June 30, 2010, MicroStrategy had 8,722,113 shares of class A common stock and 2,694,362 shares of class B common stock outstanding.

Launch of MicroStrategy Mobile:

MicroStrategy Mobile, a platform that easily extends business intelligence applications (apps) to the iPhone and iPad, was made generally available on June 30, 2010 and introduced at MicroStrategy's user conference in Cannes, France on July 6, 2010.

MicroStrategy President and CEO Michael Saylor stated, "The mobile Internet is the next wave of information technology. We see a revolution afoot in business intelligence as organizations can now empower their executives, workforce, suppliers, and partners with immediate access to business information from mobile devices. We believe that mobile business intelligence has the potential to expand the BI market dramatically and that MicroStrategy Mobile is on the leading edge of this new market."

Easily Extends Enterprise Reports and Information Dashboards to the iPhone and iPad

MicroStrategy Mobile enables companies to easily extend graphs, grids, enterprise reports, and information dashboards to the iPhone and iPad. Many people prefer to consume business intelligence on their mobile devices rather than on their desktop computers, since mobile devices are more portable, always on, and always connected. Mobile business intelligence is a logical extension of traditional business intelligence, but requires even higher performance and the ability to serve even larger user populations. MicroStrategy's architecture is engineered to provide the speed and scalability to support the escalating demands of mobile BI applications.

Deploy Mobile BI Applications Quickly

With MicroStrategy Mobile, existing MicroStrategy projects can be extended to the iPhone, iPad, and BlackBerry, typically within several days. MicroStrategy Mobile applications are assembled in a point-and-click fashion and do not require any coding. App creators can choose from an array of finely-designed, iPhone and iPad-optimized displays and controls.

MicroStrategy Mobile includes the infrastructure needed to support each new mobile app, so application developers only need to focus on creating the user experience and not on the back-end infrastructure. MicroStrategy's metadata-driven design approach enables rapid, point-and-click portability of reports between platforms, including iPhone, iPad, BlackBerry, web browsers, Microsoft Office, and Microsoft Windows.

Enhanced Business Intelligence User Experience

The latest release of MicroStrategy Mobile takes full advantage of the native capabilities of the iPhone and iPad to deliver an enhanced business intelligence experience to users. By leveraging the user-friendly features of the iPhone and iPad, MicroStrategy Mobile provides intuitive business intelligence that is optimized for the mobile user.

Integrated Mapping: MicroStrategy Mobile offers out-of-the-box integration with Google Maps for easy visualization of geospatial data and rapid location identification.

Multi-touch: MicroStrategy Mobile leverages the new Apple multi-touch gestures, such as swipe, tap, flick, and rotate, to ease data navigation for users.

BI-specific Gestures: MicroStrategy Mobile includes specialized data gestures such as drilling and paging that extend native iPhone functionality to enhance data exploration.

App Integration: App functionality can be extended by directly integrating with other on-device apps, including e-mail, browser, and text messaging; third-party apps such as social networks or payment solutions; and existing enterprise systems or data sources.

Sensor-based Query: MicroStrategy Mobile is integrated with on-device sensors, such as the GPS receiver, accelerometer, and bar code reader, to accelerate query speed and relevance. For example, since the device already knows the user's location, there is no need to manually enter the address.

Mobile Information Capture: Users can quickly capture information with on-device sensors, such as a camera or bar code reader, reducing the need for manual data entry.

Built for Enterprise Deployments

MicroStrategy Mobile inherits the core strengths of the MicroStrategy platform to provide an enterprise-grade foundation for mobile applications.

High Performance: MicroStrategy Mobile is designed to provide the high performance expected on mobile devices. Specifically, MicroStrategy Mobile uses multi-level caching, an in-memory data structure, and a high efficiency network interchange to provide the high performance required to make mobile business intelligence apps most useful.

Comprehensive Security: Security is one of the highest concerns of enterprises using mobile devices. MicroStrategy Mobile is designed to ensure the privacy and security of data, even when the devices leave the four walls of the enterprise.

High Scale Operation: MicroStrategy Mobile is designed specifically for high efficiency operation in environments of tens of thousands of users. MicroStrategy's powerful administrative tools make it easy for a small number of IT administrators to manage dozens of BI apps and many thousands of users from a central admin console.

MicroStrategy Mobile Suite Free Trial

MicroStrategy Mobile Suite is an easy-to-access, no cost software and services package that allows companies to try MicroStrategy Mobile. The free MicroStrategy Mobile Suite contains 25 perpetual named user licenses of MicroStrategy Mobile, a full set of development tools, online training, and technical support, all at no cost.

MicroStrategy Mobile iPhone App on the Apple App Store

The MicroStrategy Mobile iPhone app is now available on the Apple App store. With the app, there are three demo datasets, including Restaurant Trends, Casino Management, and Retail Performance Management, that allow users to sample the functionality of MicroStrategy Mobile.