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Consolidated Stores Selects MicroStrategy's BI Platform

MicroStrategy Incorporated, a leading worldwide provider of Intelligent EBusiness software, announced that Consolidated Stores has selected MicroStrategy's Intelligent E-Business Platform to anchor a new sales and inventory analysis application aimed at significantly improving closeout store retail operations. The new application will give the company's closeout division executives, sales managers and merchandisers rapid access to accurate and timely business performance reports that will help them make strategic business decisions that can minimize costs and maximize profit potential.

Consolidated Stores' operates nearly 1,250 closeout retail stores across the country under the brand names Odd Lots, Big Lots, Big Lots Furniture, Mac Frugals' Bargains Close-outs and Pic 'N' Save. With MicroStrategy Web, nearly 300 users will have desktop access to powerful sales and inventory analysis capabilities. MicroStrategy Web enables users to run pre-defined sales and inventory reports, build their own customized reports and download information into an Excel spreadsheet for easy off-line analysis. Additionally, advanced data drilling features provide a complete picture of business performance by permitting users to view reported information in greater detail, from a high level enterprise wide overview to information relating to specific stores and products. MicroStrategy Web and other Intelligent E-Business products are designed to allow Consolidated Stores to generate targeted sales promotions, accurate trend forecasts, proactive business decisions and more efficient store operations.

"Our ultimate goal is to generate higher sales with less inventory," said Jeff Hagood, project manager for data warehousing at Consolidated Stores. "We believe that MicroStrategy delivers superior e-business technology and the world-class expertise to help us maximize the value of our sales and inventory information by turning it into strategic insight."

"The retail industry continues to be a strong vertical for MicroStrategy's Intelligent E-Business technology, and we are proud to play a part in helping Consolidated Stores achieve its business goals," said Michael J. Saylor, president and CEO of MicroStrategy Incorporated. "We anticipate working closely together, and look forward to exploring further opportunities."

About Consolidated Stores

Consolidated Stores Corporation, a leading value retailer specializing in toys and closeout merchandise, operates a total of 2,548 stores in all 50 states, Puerto Rico and Guam. Stores by division consist of: 1,238 closeout stores operating as Odd Lots, Big Lots, Big Lots Furniture, Pic 'N' Save and MAC Frugals' Bargains-Close-Outs and 1,310 toy and close-out toy stores operating as K-B Toys, K-B Toy Works, K-B Toy Outlet and with Online Shopping at www.KBkids.com. Wholesale operations are conducted through Consolidated International and Wisconsin Toy. Consolidated Stores Corporation's Website is located at www.cnstores.com. Investors can monitor the progress of company sales by calling 614-870-2095.

About MicroStrategy Incorporated

MicroStrategy is a leading worldwide provider of Intelligent E-Business software and related services. MicroStrategy's technology platform is creating a new generation of one-to-one e-business solutions that enable global 2000 organizations to build personal relationships with their partners, supplychains, and customers. MicroStrategy delivers these solutions via Web, wireless, and voice. In addition to its industry leading technology, MicroStrategy also offers a comprehensive set of consulting, training and support services for its customers and partners.

MicroStrategy has approximately 1000 customers across such diverse industries as retail, finance, telecommunications, dot-com, insurance, healthcare, pharmaceuticals and consumer packaged goods. MicroStrategy also has entered into relationships with more than 225 systems integrators, application development and platform partners. For more information, please visit MicroStrategy's Web site: www.microstrategy.com.

Contact Lisa Nolan of MicroStrategy Incorporated, 703-848-8600 info@microstrategy.com.

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