Microstrategy Moves Up with e-Business
M. Reed - October 6, 1999

Event Summary

'M2 PRESSWIRE-5 October 1999-ORLANDO, Florida -- NCR Corporation (NYSE: NCR) and MicroStrategy Incorporated (NASDAQ: MSTR) today announced that the two companies have signed a comprehensive, multi-year $52.5 million licensing and technology agreement. The agreement includes an investment by both companies in technology infrastructure, integration, and marketing - spanning e-business, business intelligence, and customer-centric data warehouse applications'. Under the agreement NCR will re-market MicroStrategy's entire suite of Intelligent E-BusinessÖ products and services. MicroStrategy will purchase NCR's TeraCube OLAP business for $14 Million in MicroStrategy stock, and purchase an NCR Teradata Warehouse worth $11 Million to power their Strategy.com network. Under the terms of the agreement, MicroStrategy will provide the development effort for TeraCube 2.0, and optimize it for the NCR Teradata database...