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Click this: Knoxville crime map provides details, solicits tips

August 3, 2011 by  
Filed under Choosing Lingerie

Knoxville Police Department crime map website


With the click of a mouse, Knoxvillians can get details about crimes in their neighborhood almost as soon as the police officer investigates it. They can even submit a tip to police electronically.

On Tuesday, Knoxville Mayor Daniel Brown and Police Chief David Rausch unveiled a new interactive website to be used to share crime information with the public.

A new crime mapping system, Regional Analysis and Information Data Sharing (RAIDS) Online, will provide residents with a firsthand look at crimes occurring throughout Knoxville.

“Obviously, technology is the way the community talks,” Rausch said, noting the Internet is growing as a primary mode of communication, with Facebook alone having more than 750 million active users.

The Knoxville Police Department hopes the system will allow better communication between officers and the community.

Over the past several months, KPD researched several crime-mapping programs but recently chose to implement RAIDS Online because it provides an interactive, intuitive experience.

When users visit the site, they have the option of customizing the map to show only crime in their neighborhood or crime in the entire city. Users may input an address and specify a search radius to view crimes reported only in a specific area.

Rausch warned that citizens may initially feel concerned or shocked at seeing crime visually mapped throughout the city but said that Knoxville has a relatively low crime rate compared with many others.

“This is a major step forward in our efforts to keep the public informed on activities occurring in their neighborhood,” Rausch said.

RAIDS Online will be updated within the hour of the completion of the crime report, 24 hours a day, seven days a week.

The crime-mapping system also includes a crime tip program that allows citizens to send anonymous tips to KPD to be shared with appropriate investigators.

“It’s one more tool in our toolbox of the community having the opportunity to report what they see,” Rausch said.

Citizens will also be able to register for daily, weekly or monthly criminal activity reports tailored specifically to their neighborhood.

The unveiling of the crime-mapping system follows the June launch of KPD’s Facebook page, which now has more than 500 likes.

“We will continue to explore new and innovative programs and social media opportunities to help stay connected to the citizens we serve,” Rausch said.

The crime map may be found here: http://www.raidsonline.com/?address=KnoxvilleCTN

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MicroStrategy Announces Second Quarter 2011 Financial Results

August 3, 2011 by  
Filed under Latest Lingerie News

TYSONS CORNER, Va., Aug. 2, 2011 /PRNewswire via COMTEX/ –
MicroStrategy® Incorporated


/quotes/zigman/88725/quotes/nls/mstr MSTR
-5.04%



, a leading worldwide provider of business intelligence software, today announced financial results for the three-month period ended June 30, 2011 (the second quarter of its 2011 fiscal year).

Second quarter 2011 revenues were $138.2 million versus $107.5 million for the second quarter of 2010, a 28% increase. Product licenses revenues for the second quarter of 2011 were $33.4 million versus $28.9 million for the second quarter of 2010, a 16% increase. Product support and other services revenues for MicroStrategy’s core business intelligence (BI) business in the second quarter of 2011 were $98.7 million versus $74.5 million for the second quarter of 2010, a 32% increase.

Operating expenses for the second quarter of 2011 were $100.1 million versus $68.8 million for the second quarter of 2010, a 45% increase. The increase in operating expenses was primarily due to increased headcount and related expenses, particularly for engineering and sales personnel.

“Companies are seeking to capitalize on the emergence of big data, mobile, cloud and social media to operate more efficiently and gain competitive advantage. We have made significant investments to position ourselves to capitalize on these key trends in our marketplace,” said Douglas K. Thede, MicroStrategy’s Executive Vice President, Finance and Chief Financial Officer.

Net income for the second quarter of 2011 was $2.9 million, or $0.26 per share on a diluted basis, compared to $11.6 million, or $0.97 per share on a diluted basis, for the second quarter of 2010.

For the second quarter of 2011, MicroStrategy’s effective tax rate was 10% compared to 30% for the second quarter of 2010. The lower effective tax rate in the second quarter of 2011 was primarily attributable to a decrease in income from operations before income taxes and stronger results outside the U.S.

As of June 30, 2011, MicroStrategy had cash and cash equivalents of $193.0 million versus $174.1 million as of December 31, 2010, an increase of $18.9 million. As of June 30, 2011, MicroStrategy had 8,217,352 shares of class A common stock and 2,492,830 shares of class B common stock outstanding.

MicroStrategy Launches New Mobile, Cloud and Social Media Technologies:

MicroStrategy has introduced a number of innovative technologies designed to enable companies to capitalize on the big data, mobile, cloud and social media trends cited above.

MicroStrategy 9.2.1:

In July 2011, the Company announced the general availability of MicroStrategy 9.2.1. This latest release of the MicroStrategy Business Intelligence Platform(TM) features a new product, MicroStrategy Transaction Services(TM), which allows users to initiate actions and transactions from a mobile device. MicroStrategy Transaction Services helps companies increase the speed and productivity of their businesses by building mobile apps that connect to back-end transactional systems and databases. MicroStrategy Transaction Services allows mobile apps and web-based dashboards to include action-taking features, including submitting orders, one-click approvals and denials, notes for tracking and directing business activity, and write-back to data sources. Organizations can use the MicroStrategy platform to create the mobile apps they need to stay competitive. In addition, MicroStrategy 9.2.1 includes new enhancements to Visual Insight, which allows business people to quickly get insights from their data with little or no assistance from their information technology (IT) teams.

MicroStrategy Cloud:

MicroStrategy also announced the general availability of MicroStrategy Cloud(TM), a cloud-based platform-as-a-service. MicroStrategy Cloud enables rapid, cost-effective development of business intelligence and mobile and social apps. Compared to traditional on-premises BI approaches, MicroStrategy Cloud is faster to deploy, delivers world-class performance, and offers significant financial advantages. MicroStrategy Cloud is powerful and flexible enough to support the full range of cloud use cases, from fast, tactical BI solutions, to the largest implementations where performance and scalability are imperative. Unlike general-purpose cloud solutions that are not designed for the unique requirements of large-scale business intelligence, MicroStrategy Cloud is architected and optimized for large data volumes, high concurrency, and high performance. MicroStrategy Cloud includes the entire MicroStrategy BI platform technology for reporting and analysis, enabling users to tap into enterprise data from their desktop or mobile device, improving insight and business decision-making.

Gateway for Facebook:

In July 2011, the Company introduced Gateway for Facebook, a new cloud-based service that can interconnect enterprise IT environments and enterprise applications with the Facebook social graph. Gateway for Facebook converts the Facebook social graph data structure into a tabular data structure, making it easier for enterprise applications like CRM, marketing, service, sales, loyalty, and mobile applications to be personalized using data from Facebook. With the introduction of Gateway for Facebook, MicroStrategy is establishing its intention to be a leader in the emerging social media technologies space.

Gateway for Facebook incorporates a broad set of features to promote efficient interaction with the Facebook database and high performance response to enterprise applications:

Facebook Integration – Gateway uses Facebook’s open graph APIs.

Rich Data Query – Gateway can execute chained queries that generate rich query results by traversing social network pathways.

High Efficiency Query Algorithms – Gateway intelligently combines multiple overlapping queries into consolidated API calls to minimize the load on Facebook and maximize performance.

Real-time Data Response – Gateway maintains an operational database to house the social graph data, making the data available to applications, even when connectivity to Facebook is limited.

Facebook Governing Process Safeguards – Gateway has self-monitoring features that help prevent its data requests from exceeding Facebook’s governed maximums and automatically restrict query submission if the governed levels are approached.

Highly Scalable – Gateway is built using an MPP architecture, enabling it to achieve significant scale.

With Gateway for Facebook, a wide range of applications can be developed or enhanced with social intelligence, personalization, and social interactivity. These application types include Microsoft Windows applications, mobile applications for Apple iOS and Google Android, and ERP systems from Oracle, SAP, and Microsoft.

Alert:

In connection with the Gateway for Facebook launch, MicroStrategy also introduced Alert, a mobile Facebook application that gives Facebook users a new way to follow all of their favorite celebrity and brand Facebook pages. Alert presents users with a consolidated view of the news, events, photos, and videos from their favorite pages, while allowing users to organize those pages into customized groups. Alert enables brands to use their Facebook pages as a continual Twitter-like feed to their fans, and improves on the Twitter-like experience by supporting more text per message, supporting multimedia content, and providing the ability to RSVP to events and share postings within Facebook friend networks. Using Alert, brands can also share exclusive content with their Facebook fans, creating more meaningful interactions with them.

New Customers and New Deals with Existing Customers in Q2 2011 Included:

Activision; AEON Integrated Business Service Co.; Ancestry.com; Aquilent; Bank of America; Barclays Bank Delaware; baumarkt direkt; BBT Centralized Solutions; Belk; Bell Canada; Big Lots; Boehringer Ingelheim; Cisco Systems; Citibank; Credit Agricole; Department of Veterans Affairs; eBay; Emmi Schweiz; European Space Agency; FedEx; Gymboree Corporation; Hachette Book Group; Jabil Circuit, Inc.; JD Power and Associates; KT; LinkedIn; Liz Claiborne Canada; Logan’s Roadhouse; McAfee; McDonald’s Corporation; Meredith Corporation; Metro-Goldwyn-Mayer Studios; Navteq; O’Reilly Automotive; Payless ShoeSource Worldwide; QVC; Safeway; Sears Holdings Management Corporation; Shoppers Drug Mart; Sonic Automotive; Sony Electronics; Tilly’s; Universal Music Group; Valpak Direct Marketing Systems; and Warner Bros. Entertainment.

Examples of Customer Deals from Q2 2011:

Jabil Circuit, Inc.

With more than 100,000 employees and facilities in 22 countries, Jabil Circuit, Inc. is an electronic product solutions company providing comprehensive electronics design, manufacturing and product management services to global electronics and technology companies. A MicroStrategy customer since 2009, Jabil Circuit uses MicroStrategy for a broad range of BI applications, including finance, operations, sales and merchandising, marketing, and supply chain analyses. A recent expansion of MicroStrategy licenses allows Jabil Circuit to monitor the usage and productivity of its MicroStrategy BI infrastructure across the enterprise. Jabil Circuit selected MicroStrategy for its ease-of-use, integrated platform, Web interface, and self-service infrastructure, which helps the company quickly address the reporting needs of their business.

LinkedIn

LinkedIn, the world’s largest professional network on the Internet, recently expanded its agreement with MicroStrategy. With more than 100 million members worldwide, including executives from every Fortune 500 company, LinkedIn relies on MicroStrategy to access the company’s massive data warehouse and understand how its website is performing. MicroStrategy-based advanced analytics data also helps LinkedIn identify customer behavior and intraday trends, as well as monitor and evaluate key performance measures such as page views, registrations, invitations, and product usage.

Logan’s Roadhouse

Logan’s Roadhouse®, Inc., headquartered in Nashville, Tennessee, currently owns and operates over 200 company-operated and 26 franchised Logan’s Roadhouse restaurants in 23 states. A MicroStrategy customer since 2005, Logan’s Roadhouse uses MicroStrategy for a broad range of BI applications, including financial reporting and analysis, menu analysis, and exception reporting. A recent expansion of MicroStrategy licenses will allow Logan’s Roadhouse to track additional key performance indicators more efficiently and on a more timely basis. With help from MicroStrategy, Logan’s Roadhouse has improved efficiencies and the flow of information across the enterprise. MicroStrategy was selected for its high performance, robust reporting capabilities, and strong presence in the retail industry.

About MicroStrategy Incorporated

Founded in 1989, MicroStrategy is a global leader in business intelligence (BI) technology. MicroStrategy software enables leading organizations worldwide to analyze the vast amounts of data stored across their enterprises to make better business decisions. The MicroStrategy Platform delivers actionable information to business users via the web and mobile devices, including the iPad®, iPhone®, and BlackBerry®. Companies choose MicroStrategy for its ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy offers free reporting software that can be downloaded from its website. To learn more about MicroStrategy


/quotes/zigman/88725/quotes/nls/mstr MSTR
-5.04%



, visit
www.microstrategy.com and follow us on Facebook (
http://www.facebook.com/microstrategy ) and Twitter (
http://www.twitter.com/microstrategy ).

MicroStrategy, MicroStrategy Business Intelligence Platform, MicroStrategy 9, MicroStrategy Transaction Services, MicroStrategy Cloud, and MicroStrategy Mobile 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.

This press release may include statements that may constitute “forward-looking statements,” including estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the extent and timing of market acceptance of MicroStrategy’s new offerings, including MicroStrategy 9.2.1, MicroStrategy Cloud, Gateway for Facebook and Alert; the Company’s ability to recognize revenue or deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s other products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; competitive factors; general economic conditions, including significant downturns in industries, including the financial services and retail industries, in which we have a significant number of customers; currency fluctuations; impairment charges that may be required with respect to the Company’s damaged corporate aircraft; and other risks detailed in the Company’s registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.



        MICROSTRATEGY INCORPORATED
        CONSOLIDATED STATEMENTS OF OPERATIONS
        (in thousands, except per share data)
                                                                                          Three Months Ended            Six Months Ended
                                                                                          June 30,                      June 30,
                                                                                          ----------------------------  ----------------------------
                                                                                          2011           2010           2011           2010
                                                                                          -------------  -------------  -------------  -------------
                                                                                          (unaudited)    (unaudited)    (unaudited)    (unaudited)
        Revenues
        Product licenses                                                                  $    33,430    $    28,930    $    60,810    $    46,884
        Product support and other services                                                104,721        78,607         199,370        154,043
        Total revenues                                                                    138,151        107,537        260,180        200,927
                                                                                          -------------  -------------  -------------  -------------
        Cost of Revenues
        Product licenses                                                                  2,322          1,860          4,230          3,775
        Product support and other services                                                32,221         22,489         63,474         42,198
        Total cost of revenues                                                            34,543         24,349         67,704         45,973
                                                                                          -------------  -------------  -------------  -------------
        Gross profit                                                                      103,608        83,188         192,476        154,954
                                                                                          -------------  -------------  -------------  -------------
        Operating Expenses
        Sales and marketing                                                               60,942         39,361         112,453        72,748
        Research and development                                                          16,874         10,812         29,872         23,143
        General and administrative                                                        22,319         18,674         45,600         37,134
        Total operating expenses                                                          100,135        68,847         187,925        133,025
                                                                                          -------------  -------------  -------------  -------------
        Income from operations before
        financing and other income and income taxes                                       3,473          14,341         4,551          21,929
                                                                                          -------------  -------------  -------------  -------------
        Financing and Other (Expense) Income
        Interest income, net                                                              39             15             121            117
        Other (expense) income, net                                                       (316)          2,144          (947)          4,993
        Total financing and other (expense) income                                        (277)          2,159          (826)          5,110
                                                                                          -------------  -------------  -------------  -------------
        Income from operations before income taxes                                        3,196          16,500         3,725          27,039
        Provision (benefit) for income taxes                                              311            4,882          (294)          8,520
                                                                                          -------------  -------------  -------------  -------------
        Net income                                                                        $      2,885   $    11,618    $      4,019   $    18,519
        Basic earnings per share (1)                                                      $        0.27  $        1.00  $        0.38  $        1.57
        Weighted average shares outstanding used in computing basic earnings per share    10,709         11,629         10,690         11,759
        Diluted earnings per share (1)                                                    $        0.26  $        0.97  $        0.36  $        1.52
        Weighted average shares outstanding used in computing diluted earnings per share  11,068         12,029         11,056         12,165
        (1) Basic and fully diluted earnings per share for class A and class B common stock are the same.
        




        MICROSTRATEGY INCORPORATED
        CONSOLIDATED STATEMENTS OF OPERATIONS
        (in thousands, except per share data)
        (unaudited)
                                                                                          Core BI Business     Angel.com            Consolidated
                                                                                          -------------------  -------------------  ----------------------
                                                                                          Three Months Ended   Three Months Ended   Three Months Ended
                                                                                          June 30,             June 30,             June 30,
                                                                                          -------------------  -------------------  ----------------------
                                                                                          2011       2010      2011        2010     2011        2010
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Revenues
        Product licenses                                                                  $ 33,430   $ 28,930  $        -  $     -  $ 33,430    $ 28,930
        Product support and other services                                                98,717     74,527    -           -        98,717      74,527
        Angel.com services                                                                -          -         6,004       4,080    6,004       4,080
        Total revenues                                                                    132,147    103,457   6,004       4,080    138,151     107,537
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Cost of Revenues
        Product licenses                                                                  2,322      1,860     -           -        2,322       1,860
        Product support and other services                                                29,409     20,399    -           -        29,409      20,399
        Angel.com services                                                                -          -         2,812       2,090    2,812       2,090
        Total cost of revenues                                                            31,731     22,259    2,812       2,090    34,543      24,349
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Gross profit                                                                      100,416    81,198    3,192       1,990    103,608     83,188
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Operating Expenses
        Sales and marketing                                                               57,807     37,776    3,135       1,585    60,942      39,361
        Research and development                                                          15,779     9,985     1,095       827      16,874      10,812
        General and administrative                                                        21,617     18,246    702         428      22,319      18,674
        Total operating expenses                                                          95,203     66,007    4,932       2,840    100,135     68,847
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Income (loss) from operations before
        financing and other income and income taxes                                       5,213      15,191    (1,740)     (850)    3,473       14,341
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Financing and Other (Expense) Income
        Interest income, net                                                              39         15        -           -        39          15
        Other (expense) income, net                                                       (277)      2,121     (39)        23       (316)       2,144
        Total financing and other (expense) income                                        (238)      2,136     (39)        23       (277)       2,159
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Income (loss) from operations before income taxes                                 $   4,975  $ 17,327  $ (1,779)   $ (827)  $   3,196   $ 16,500
        Provision for income taxes                                                                                                  311         4,882
                                                                                                                                    ----------  ----------
        Net income                                                                                                                  $   2,885   $ 11,618
        Basic earnings per share                                                                                                    $     0.27  $     1.00
        Weighted average shares outstanding used in computing basic earnings per share                                              10,709      11,629
        Diluted earnings per share                                                                                                  $     0.26  $     0.97
        Weighted average shares outstanding used in computing diluted earnings per share                                            11,068      12,029
        




        MICROSTRATEGY INCORPORATED
        CONSOLIDATED STATEMENTS OF OPERATIONS
        (in thousands, except per share data)
        (unaudited)
                                                                                          Core BI Business     Angel.com            Consolidated
                                                                                          -------------------  -------------------  ----------------------
                                                                                          Six Months Ended     Six Months Ended     Six Months Ended
                                                                                          June 30,             June 30,             June 30,
                                                                                          -------------------  -------------------  ----------------------
                                                                                          2011       2010      2011        2010     2011        2010
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Revenues
        Product licenses                                                                  $ 60,810   $ 46,884  $        -  $     -  $ 60,810    $ 46,884
        Product support and other services                                                186,566    145,865   -           -        186,566     145,865
        Angel.com services                                                                -          -         12,804      8,178    12,804      8,178
        Total revenues                                                                    247,376    192,749   12,804      8,178    260,180     200,927
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Cost of Revenues
        Product licenses                                                                  4,230      3,775     -           -        4,230       3,775
        Product support and other services                                                57,907     38,554    -           -        57,907      38,554
        Angel.com services                                                                -          -         5,567       3,644    5,567       3,644
        Total cost of revenues                                                            62,137     42,329    5,567       3,644    67,704      45,973
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Gross profit                                                                      185,239    150,420   7,237       4,534    192,476     154,954
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Operating Expenses
        Sales and marketing                                                               106,382    69,663    6,071       3,085    112,453     72,748
        Research and development                                                          27,773     21,643    2,099       1,500    29,872      23,143
        General and administrative                                                        44,156     36,192    1,444       942      45,600      37,134
        Total operating expenses                                                          178,311    127,498   9,614       5,527    187,925     133,025
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Income (loss) from operations before
        financing and other income and income taxes                                       6,928      22,922    (2,377)     (993)    4,551       21,929
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Financing and Other (Expense) Income
        Interest income, net                                                              121        117       -           -        121         117
        Other (expense) income, net                                                       (870)      4,970     (77)        23       (947)       4,993
        Total financing and other (expense) income                                        (749)      5,087     (77)        23       (826)       5,110
                                                                                          ---------  --------  ----------  -------  ----------  ----------
        Income (loss) from operations before income taxes                                 $   6,179  $ 28,009  $ (2,454)   $ (970)  $   3,725   $ 27,039
        (Benefit) provision for income taxes                                                                                        (294)       8,520
                                                                                                                                    ----------  ----------
        Net income                                                                                                                  $   4,019   $ 18,519
        Basic earnings per share                                                                                                    $     0.38  $     1.57
        Weighted average shares outstanding used in computing basic earnings per share                                              10,690      11,759
        Diluted earnings per share                                                                                                  $     0.36  $     1.52
        Weighted average shares outstanding used in computing diluted earnings per share                                            11,056      12,165
        




        MICROSTRATEGY INCORPORATED
        CONSOLIDATED BALANCE SHEETS
        (in thousands, except per share data)
                                                                                  June 30,     December 31,
                                                                                  2011         2010
                                                                                  -----------  -----------------
        Assets                                                                    (unaudited)  (audited)
        Current assets
        Cash and cash equivalents                                                 $  193,025   $        174,097
        Restricted cash and short-term investments                                470          284
        Accounts receivable, net                                                  70,974       82,056
        Prepaid expenses and other current assets                                 19,314       26,751
        Deferred tax assets, net                                                  21,494       13,670
                                                                                  -----------  -----------------
        Total current assets                                                      305,277      296,858
        Property and equipment, net                                               78,931       65,033
        Capitalized software development costs, net                               10,831       9,059
        Deposits and other assets                                                 5,668        5,587
        Deferred tax assets, net                                                  2,385        5,029
                                                                                  -----------  -----------------
        Total Assets                                                              $  403,092   $        381,566
        Liabilities and Stockholders' Equity
        Current liabilities
        Accounts payable and accrued expenses                                     $    37,726  $          36,683
        Accrued compensation and employee benefits                                51,941       60,201
        Deferred revenue and advance payments                                     102,323      89,331
        Deferred tax liabilities                                                  236          355
                                                                                  -----------  -----------------
        Total current liabilities                                                 192,226      186,570
        Deferred revenue and advance payments                                     10,169       7,878
        Other long-term liabilities                                               43,816       37,946
        Deferred tax liabilities                                                  385          -
                                                                                  -----------  -----------------
        Total Liabilities                                                         246,596      232,394
                                                                                  -----------  -----------------
        Stockholders' Equity
        Preferred stock undesignated, $0.001 par value; 5,000 shares authorized;
        no shares issued or outstanding                                           -            -
        Class A common stock, $0.001 par value; 330,000 shares authorized;
        14,622 shares issued and 8,217 shares outstanding, and 14,351 shares
        issued and 7,947 shares outstanding, respectively                         15           14
        Class B common stock, $0.001 par value; 165,000 shares authorized;
        2,493 and 2,694 shares issued and outstanding, respectively               2            3
        Additional paid-in capital                                                458,782      455,374
        Treasury stock, at cost; 6,405 shares                                     (475,184)    (475,184)
        Accumulated other comprehensive loss                                      (1,558)      (1,455)
        Retained earnings                                                         174,439      170,420
        Total Stockholders' Equity                                                156,496      149,172
                                                                                  -----------  -----------------
        Total Liabilities and Stockholders' Equity                                $  403,092   $        381,566
        




        MICROSTRATEGY INCORPORATED
        CONSOLIDATED STATEMENTS OF CASH FLOWS
        (in thousands)
        (unaudited)
                                                                                                                                          Six Months Ended
                                                                                                                                          June 30,
                                                                                                                                          -----------------------
                                                                                                                                          2011         2010
                                                                                                                                          -----------  ----------
        Operating activities:
                      Net income                                                                                                          $     4,019  $   18,519
                      Adjustments to reconcile net income to net cash provided by operating activities:
                                                  Depreciation and amortization                                                           7,851        6,119
                                                  Bad debt expense                                                                        266          1,648
                                                  Deferred taxes                                                                          (2,852)      776
                                                  Excess tax benefits from stock-based payment arrangements                               (1,854)      (12)
                                                  Other, net                                                                              -            16
                      Changes in operating assets and liabilities:
                                                  Accounts receivable                                                                     13,149       (402)
                                                  Prepaid expenses and other current assets                                               5,043        (5,727)
                                                  Deposits and other assets                                                               62           (882)
                                                  Accounts payable and accrued expenses                                                   (2,106)      (2,564)
                                                  Accrued compensation and employee benefits                                              (9,799)      (5,439)
                                                  Deferred revenue and advance payments                                                   11,831       12,606
                                                  Other long-term liabilities                                                             5,856        6,724
                                                                                                                                          -----------  ----------
                                                                                     Net cash provided by operating activities            31,466       31,382
        Investing activities:
                      Purchases of property and equipment                                                                                 (18,806)     (4,307)
                      Capitalized software development costs                                                                              (5,432)      (2,185)
                      Insurance proceeds                                                                                                  5,675        -
                      (Increase) decrease in restricted cash and investments                                                              (167)        223
                                                                                                                                          -----------  ----------
                                                                                     Net cash used in investing activities                (18,730)     (6,269)
        Financing activities:
                      Proceeds from sale of class A common stock under exercise of employee stock options                                 1,554        111
                      Excess tax benefits from stock-based payment arrangements                                                           1,854        12
                      Purchases of treasury stock                                                                                         -            (41,674)
                                                                                                                                          -----------  ----------
                                                                                     Net cash provided by (used in) financing activities  3,408        (41,551)
                                                  Effect of foreign exchange rate changes on cash and cash equivalents                    2,784        (5,649)
                                                                                                                                          -----------  ----------
        Net increase (decrease) in cash and cash equivalents                                                                              18,928       (22,087)
        Cash and cash equivalents, beginning of period                                                                                    174,097      224,769
                                                                                                                                          -----------  ----------
        Cash and cash equivalents, end of period                                                                                          $ 193,025    $ 202,682
        


Contact:MicroStrategy IncorporatedInvestor Relationsir@microstrategy.com(703) 848-8600

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SOURCE MicroStrategy Incorporated

Copyright (C) 2011 PR Newswire. All rights reserved

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