Back to MSTR
99 Cents Only Stores(R) Selects MicroStrategy as its Enterprise Reporting Standard

MCLEAN, Va., Sept. 10 /PRNewswire-FirstCall/ -- MicroStrategy((R)) Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced that 99 Cents Only Stores(R) has selected MicroStrategy for enterprise-wide reporting and analytics. Operating more than 270 retail stores, 99 Cents Only Stores emphasizes quality name-brand consumables, priced at an excellent value.

A new MicroStrategy customer, 99 Cents Only Stores chose MicroStrategy's Business Intelligence Platform as its business intelligence standard. 99 Cents Only Stores plans to use MicroStrategy-based reports and information dashboards for greater insights into product sales, store operations, inventory management, and merchandising. MicroStrategy's at-a-glance dashboards will provide actionable information, enabling 99 Cents Only Stores' personnel to monitor key business metrics, quickly identify trends, and enhance decision-making.

"MicroStrategy's proven experience in retail business intelligence and seamless integration with Netezza were important to us as we selected our new BI partner," said Terry Rountree, Director of Application Development at 99 Cents Only Stores. "With MicroStrategy's user-friendly dashboards, our employees will be able to view large volumes of data in a highly interactive way to make timely, data-driven decisions."

"We are delighted that 99 Cents Only Stores selected MicroStrategy to support their BI applications," said Sanju Bansal, MicroStrategy's COO. "MicroStrategy's BI platform has the scalability and flexibility to analyze large volumes of transactional data and provide retailers with valuable insights on essential areas such as sales trends, inventory management, store operations, and customer loyalty."

About 99 Cents Only Stores((R))

Founded over 25 years ago, 99 Cents Only Stores((R)) operates 271 extreme value retail stores with 202 in California, 32 in Texas, 25 in Arizona and 12 in Nevada. 99 Cents Only Stores((R)) emphasizes quality name-brand consumables, priced at an excellent value, in convenient, attractively merchandised stores. Over 50% of the company's product mix consists of food and beverage including produce, dairy, deli and frozen foods, along with fresh baked goods and gourmet foods. The Company's New York Stock Exchange symbol is NDN.

99 Cents Only Stores((R)) news releases and information available on the Company's website at http://www.99only.com.

About MicroStrategy

Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy provides integrated reporting, analysis, and monitoring software that helps leading organizations worldwide make better business decisions every day. Companies choose MicroStrategy for its advanced technical capabilities, sophisticated analytics, and superior data and user scalability. More information about MicroStrategy (Nasdaq: MSTR) is available at www.microstrategy.com.

MicroStrategy and MicroStrategy Business Intelligence Platform 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.

    Contact:
    Wende Cover
    MicroStrategy Incorporated
    703-770-1646
    wcover@microstrategy.com

SOURCE MicroStrategy

Copyright (2009) PR Newswire. All Rights Reserved.
Back to MSTR
Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki