Geac(R) Signs Global Reseller Agreement With MicroStrategy
January 23 2006 - 8:00AM
PR Newswire (US)
Alliance Brings Together Complementary Technologies for Business
Intelligence and Financial Performance Management MCLEAN, Va., Jan.
23 /PRNewswire-FirstCall/ -- MicroStrategy(R) Incorporated
(NASDAQ:MSTR), a leading worldwide provider of business
intelligence software, today announced that Geac(R), a global
enterprise software company dedicated to addressing the needs of
CFOs, has signed a Global Reseller Agreement with MicroStrategy.
Geac plans to offer a solution that integrates MicroStrategy's
business intelligence reporting with Geac's MPC performance
management software. This solution will provide finance
professionals with enhanced reporting and analysis of financial
performance management data. "MicroStrategy and Geac have produced
dramatic improvements in the enterprise performance management of
our theme park business," said Dan Aptor, Director of Financial
Systems for NBC Universal. "We faced an escalating demand from
management for enhanced operational reporting and budgeting. With
support from MicroStrategy, we can now track ticket sales,
marketing promotions, food and retail purchases, and other key data
on a daily basis and Geac's MPC financial application helped us
reduce the budgeting process from 6-8 weeks to 2 weeks. There are
many other areas across the company where MicroStrategy and Geac
have enabled us to streamline our operations, yielding millions in
cost savings and allowing us to make more timely and strategic
decisions." "MicroStrategy is a proven leader in the business
intelligence arena and we are delighted to collaborate with them
and introduce the benefits of MicroStrategy's proven solutions to
our customer base," said Brian Hartlen, Geac's vice president of
global marketing. "Our companies are working together to ensure
that we help our customers more efficiently and effectively
leverage information technology to manage their organizations."
"Through this alliance, Geac's customers will gain greater value
from their corporate performance management investment with the
ability to leverage MicroStrategy's advanced business intelligence
technology," said Tom Villani, MicroStrategy's vice president of
global alliances. "We are pleased to add Geac to our portfolio of
alliances." The partnership will be introduced at MicroStrategy
World 2006, January 23-26, 2006 in Miami, Florida. About Geac Geac
(TSE:GAC) (NASDAQ:GEAC) is a global enterprise software company
that addresses the needs of the Chief Financial Officer. Geac's
best-in-class technology products and services help organizations
do more with less in an increasingly competitive environment,
amidst growing regulatory pressure, and in response to other
business issues confronting the CFO. Further information is
available at http://www.geac.com/ or through e-mail at . 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 http://www.microstrategy.com/.
MicroStrategy and MicroStrategy Business Intelligence Platform are
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 of MicroStrategy
Incorporated, +1-703-770-1646 . DATASOURCE: MicroStrategy
Incorporated CONTACT: Wende Cover of MicroStrategy Incorporated,
+1-703-770-1646 Web site: http://www.microstrategy.com/
http://www.geac.com/
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