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McLean, Va., February 14, 2008 – MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of Business Intelligence software, today announced that Lund Food Holdings has selected MicroStrategy for sales and financial reporting. Lund Food Holdings owns and operates upscale supermarkets in the Minneapolis-St. Paul region. |
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Store general managers and merchandising personnel at Lund Food Holdings plan to use MicroStrategy for greater insights into product sales at the company’s 21 locations. MicroStrategy-based BI applications will provide Lund Food Holdings’ financial analysts with visibility into the company’s business and financial operations. A new MicroStrategy customer, Lund Food Holdings selected MicroStrategy for its comprehensive platform, open system flexibility, and powerful analytics that will enable users to make data-driven decisions to improve store operations and financial performance. |
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“MicroStrategy has strong expertise in retail business intelligence, and that was important to us as we selected our BI partner,” said Kevin Baartman Vice President of Information Services at Lund Food Holdings. “In addition, MicroStrategy’s integration with Teradata was instrumental in our decision. Over time, we expect to expand our BI applications and are interested in MicroStrategy’s information dashboards and MicroStrategy Mobile to provide BI reports to our mobile business users.” |
“We are delighted to add Lund Food Holdings to our impressive list of retail customers,” said MicroStrategy’s COO Sanju Bansal. “The MicroStrategy platform enables retailers to gain valuable insights into essential areas such as store operations, product sales, inventory management, and financial performance.”
About Lund Food Holdings
Lund Food Holdings currently owns and operates 10 Lunds and 11 Byerly’s supermarkets in the Twin Cities and surrounding area. For more information, visit www.LundsandByerlys.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.
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