NCR Dismisses Lawsuit Against MicroStrategyNCR Corporation, a leader in providing Relationship Technology solutions to customers worldwide, and MicroStrategy Incorporated, a leading worldwide provider of business intelligence software, announced that NCR dismissed its patent infringement lawsuit filed against MicroStrategy on June 20, 2001 in the United States District Court for the District of Delaware. No financial payments were made by either company. The parties have extended their agreement under which NCR resells MicroStrategy software. "MicroStrategy is a valued partner, and together with NCR's Teradata warehouse, its technology is second to none for organizations looking to deploy extensive, enterprise-wide business intelligence solutions," said Ruth Fornell, vice president of Marketing for Teradata, a division of NCR Corporation. "NCR is pleased that the life of our reseller agreement with MicroStrategy can be extended, as analysts predict that the need for large-scale business intelligence solutions will grow rapidly in the next few years." "For almost two years, NCR and MicroStrategy have worked closely to develop extremely successful solutions for nearly 100 customers, including Kmart, The Limited and Office Depot," said Sanju K. Bansal, chief operating officer of MicroStrategy Incorporated. "An extension of our reseller agreement would allow NCR and MicroStrategy to continue to offer an unmatched one-stop shop for business intelligence solutions -- complete with the data warehouse, hardware, relational database management system, business intelligence platform and appropriate services." About NCR CorporationNCR Corporation is a leader in providing Relationship Technology solutions to customers worldwide in the retail, financial, communications, travel and transportation, and insurance markets. NCR's Relationship Technology solutions include privacy-enabled Teradata warehouses and customer relationship management (CRM) applications, store automation and automated teller machines (ATMs). The company's business solutions are built on the foundation of its long-established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and leading edge hardware technology. NCR employs 33,200 in more than 100 countries, and is a component stock of the Standard & Poor's 500 Index. More information about NCR and its solutions may be found at www.ncr.com. About MicroStrategy IncorporatedFor 11 years, MicroStrategy has helped corporations transform their operational data into actionable information. Its flagship product is MicroStrategy 7, the Scalable Business Intelligence Platform Built Specifically for the Internet. Its Pure-Web architecture provides the Web reporting, security, performance, and standards that are critical for deployment over the Internet. With proven data and user scalability, MicroStrategy is capable of analyzing today's growing multi-terabyte data warehouses and distributing information to millions of users via Web, wireless and voice. The open and flexible platform provides the business intelligence foundation for all query, reporting and advanced analytical applications across the enterprise and out to partners and customers in extranet deployments. MicroStrategy has approximately 1,100 enterprise-class customers, including Lowe's Home Improvement Warehouse, AT&T Wireless Group, First Union Corporation and GlaxoSmithKline. MicroStrategy also has relationships with over 200 systems integrators, application development, and platform partners, including IBM, PeopleSoft, Compaq, Informatica and JD Edwards. MicroStrategy was founded in 1990 and is listed on Nasdaq under the symbol MSTR. For more information on the company, or to purchase or demo MicroStrategy's software, please visit MicroStrategy's Web site at www.microstrategy.com. Contact Aaron Radelet of MicroStrategy Incorporated, 703-270-2241, aradelet@microstrategy.com or Shelley Bird of NCR Corporation, 937-445-4435. |