Best Buy Drives Business Growth with MicroStrategy Platform Nation's Leading Electronics Retailer Embraces MicroStrategy as its Enterprise Reporting Standard VIENNA, VA, October 12, 2000 — MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of Intelligent E-Business™ software, today announced that Best Buy Co., Inc. (NYSE: BBY) is using MicroStrategy’s Intelligent E-Business Platform™ as its standard reporting technology to guide business decisions. The clicks and mortar retailer currently uses the software to anchor its two and a half terabyte data warehouse and to power both its business intelligence and eCRM applications. A long-time customer, Best Buy chose to enhance and extend its Intelligent E-Business capabilities earlier this year and purchased several thousand software licenses for MicroStrategy Web™ and MicroStrategy InfoCenter™. MicroStrategy Web, a web-based information analysis and reporting product, lets users access and manipulate information from their desktop computers. MicroStrategy InfoCenter enables users to subscribe to specific reports and delivers them to users via Web, wireless or voice. The insight these combined technologies generate is designed to lead to informed business decisions regarding inventory levels, product mix, store layout and promotional campaigns, resulting in more efficient operations. As we continue to grow our business, our need for fast, accurate performance information has increased substantially,” said Clark Becker, vice president, IS-Systems & Programming for Best Buy. “MicroStrategy has proven its ability to answer our demands with a flexible, scalable architecture that we believe can continue to meet our needs in the future.” For more than three years, Best Buy has used MicroStrategy technology to provide merchandise buyers, financial analysts, store managers and executive officers detailed reports on store performance, product sales, marketing results and consumer trends. In addition, a recently launched eCRM application helps Best Buy employees foster stronger relationships with its valued customers. Our long-standing relationship with Best Buy demonstrates our commitment to our customers, and I am excited about the future successes we expect to achieve together,” said Michael J. Saylor, president and CEO of MicroStrategy Incorporated. About Best Buy Minneapolis-based Best Buy Co., Inc. (NYSE: BBY) is the nation’s number one specialty retailer of consumer electronics, personal computers, entertainment software and appliances. The Company reaches consumers nationwide through its more than 350 retail stores located in 40 states and online at www.BestBuy.com. Intelligence Everywhere, Intelligence Server, Intelligent E-Business, Intelligent E-Business Platform, MicroStrategy, MicroStrategy 6, MicroStrategy 6m, MicroStrategy 7, MicroStrategy Broadcaster are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. MicroStrategy eCRM 6 tm MicroStrategy Intelligence Server, MicroStrategy Web Business Analyzer, MicroStrategy Web Multimedia Based Training, MicroStrategy World, Strategy.com, Strategy.com Finance, Strategy.com News , Strategy.com Weather are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Any 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 its 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 to differ materially from the forward-looking statements. Factors that could contribute to such differences include: the Company’s ability to secure financing for its current operations and long-term plans on acceptable terms; the ability of the Company to implement and achieve widespread customer acceptance of its Strategy.com network on a timely basis; adverse reaction by the Company’s employees, investors, customers, vendors and lenders to the restatement of the Company’s 1999 results or its future prospects; the Company’s ability to recognize deferred revenue through delivery of products or satisfactory performance of services; continued acceptance of the Company’s products in the marketplace; the timing of significant orders; delays in the Company’s ability to develop or ship new products; market acceptance of new products; competitive factors; general economic conditions; currency fluctuations 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. Contact: Michael Quint MicroStrategy 703-848-8600 pr_info@microstrategy.com from http://www.microstrategy.com/News/PR_System/Press_Release.asp?ID=602