Fieldstone Mortgage Chooses MicroStrategy as Enterprise Business Intelligence Standard
September 13 2006 - 9:00AM
PR Newswire (US)
MCLEAN, Va., Sept. 13 /PRNewswire-FirstCall/ -- MicroStrategy(R)
Incorporated (NASDAQ:MSTR), a leading worldwide provider of
business intelligence software, today announced that Fieldstone
Mortgage Company, a wholly owned subsidiary of Fieldstone
Investment Corporation (NASDAQ:FICC), has selected MicroStrategy as
its enterprise standard. Fieldstone Mortgage Company is one of the
nation's leading direct residential lenders that originates first
and second lien mortgage loans through both wholesale and retail
channels. Fieldstone Mortgage initially selected MicroStrategy in
2005 to provide a small group of users with reporting and analysis
capabilities for critical areas of the business. In early 2006,
Fieldstone Mortgage expanded its deployment of MicroStrategy to
address increased demand for more reports to more users. As a
result of its success with MicroStrategy, Fieldstone Mortgage has
now made MicroStrategy its business intelligence standard for the
entire organization. MicroStrategy was selected because of its
industrial-strength platform, analytical performance, and
user-friendly reporting features. "From our first application, we
quickly realized the significant benefits of MicroStrategy's
reporting and analysis capabilities," said John Camp, CIO of
Fieldstone Mortgage Company. "We are delighted to make
MicroStrategy available to our entire organization. The ability to
rapidly create reports and modify report content to view different
scenarios is extremely valuable in helping us to make
analytically-based business decisions, in real-time." "We are
pleased that Fieldstone Mortgage Company is achieving success with
its business intelligence applications and has selected
MicroStrategy as its enterprise standard," said Sanju Bansal,
MicroStrategy's COO. "MicroStrategy's flexible and scalable
architecture provides customers with a broad spectrum of reporting
options that can be delivered to large and diverse audiences across
the enterprise." About Fieldstone Mortgage Company Fieldstone
Investment Corporation owns and manages a portfolio of non-
conforming mortgage loans originated primarily by its mortgage
origination subsidiary, Fieldstone Mortgage Company, and has
elected to be a real estate investment trust for federal income tax
purposes. Founded in 1995, Fieldstone Mortgage Company is a
nationwide residential mortgage banking company that originates
non-conforming and conforming residential mortgage loans through
independent mortgage brokers serviced by regional wholesale
operations centers and a network of retail branch offices located
throughout the country. Fieldstone is headquartered in Columbia,
Maryland. To find out more, please visit,
http://www.fieldstonemortgage.com/ or
http://www.fieldstoneinvestment.com/. 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 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. 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.fieldstonemortgage.com/
http://www.fieldstoneinvestment.com/
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