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MicroStrategy Named One of Fortunes's ‘100 Best Companies to Work For’

MicroStrategy Named One of Fortunes's ‘100 Best Companies to Work For’

Published 12-19-00

Submitted by MicroStrategy

MicroStrategy® Incorporated (NASDAQ: MSTR), a leading worldwide provider of business intelligence software, has been named as one of FORTUNE Magazine's “100 Best Companies to Work For” for the second consecutive year. The list was announced in the January 8, 2001, issue of FORTUNE Magazine. MicroStrategy, which ranked #73 on this year’s list, was on the list last year in its first year of eligibility. MicroStrategy's focus on its corporate culture has been well-documented. The 11 year-old company has always recognized that employee satisfaction and career growth are critical components of building a great technology company. This survey is conducted every year by the Great Place to Work Institute in San Francisco.

“This is a tremendous honor to be ranked among the ‘100 Best Companies to Work For’ again in just our second year of eligibility,” said Michael J. Saylor, chairman and CEO of MicroStrategy Incorporated. “While this past year created many challenges for our corporation, at the end of the day the strength of MicroStrategy is our employees who are dedicated to our future success. This award serves as a great feedback mechanism letting us know that we are on the right path toward building a great institution.”

MicroStrategy was selected out of more than 1,000 companies considered for this year’s award. The company underwent considerable scrutiny, including an employee survey that accounted for two-thirds of the scoring. The remainder of the score was determined by each company’s responses to the Institute's Culture Audit, in which it explains its philosophy and practices, and includes supplementary materials--employee handbooks, company newsletters, and videos.

“Considering the somewhat difficult year MicroStrategy had, we were impressed that its employees have remained so loyal and positive about the company’s culture and what it has to offer,” said Robert Levering, co-founder of the Great Place to Work Institute. “Even after the company laid off nearly 10 percent of its workforce, we re-audited its employees and found that they were still on board and in fact very upbeat about the future of the company and its culture.”

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