Carpio Wins MicroStrategy Global Partner Award for Best 3rd Party Solution

RALEIGH, N.C., Feb. 5 /PRNewswire/ -- Carpio, a global provider of performance management solutions, announced that it was named as the "Best Third Party Solution Partner of the Year" by MicroStrategy, Inc during the MicroStrategy World Conference held January 25-28, 2010 in Las Vegas, NV.

This award was based on Carpio's success of integrating its GesFin(TM) CPM software directly into MicroStrategy's BI platform as a seamless plug-in business application. Carpio is a MicroStrategy Global Alliance Partner and provides a third party plug-in CPM application for MicroStrategy's BI platform. This specialized version of Carpio's GesFin CPM software can be accessed directly from the MicroStrategy user portal, utilizes all of MicroStrategy's BI reporting capabilities, and provides a seamless unified application interface to Finance users so they can conduct budgeting, planning, forecasting, modeling, consolidation, reporting, and performance management all from within the MicroStrategy user portal. GesFin is a Corporate Performance Management (CPM) application with versions available for leading BI platforms including Microsoft, MicroStrategy, and others.

"MicroStrategy has a robust Alliance Partner network that is composed of a broad range of companies, including System Integrators, Technology Partners, and Resellers," said Sanju Bansal, MicroStrategy's COO. "We are pleased to acknowledge these organizations who work closely with us to ensure the success of our customers' business intelligence initiatives."

You can view MicroStrategy's public release of this award at http://www.microstrategy.com.

"It is an honor to receive this award from MicroStrategy and exciting to see all of the efforts that went into integrating our two products recognized. Our joint solution has been well received by MicroStrategy customers, prospects, and partners. We look forward to helping our respective customers meet their performance management needs with this award-winning solution," states Marco Fregenal, founder and CEO of Carpio.

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 ease-of-use, sophisticated analytics, and superior data and user scalability. MicroStrategy offers free reporting software that can be downloaded from its Website, http://www.microstrategy.com/freereportingsoftware. More information about MicroStrategy is available at http://www.microstrategy.com.

About Carpio

Carpio is a global provider of comprehensive performance management (CPM) solutions headquartered in Raleigh, NC. Carpio enables financial and operational performance transformation for organizations through its award-winning product, the GesFin(TM) Comprehensive Performance Management (CPM) Suite. GesFin is a web and excel-based solution for strategic planning, budgeting, forecasting, workflow, reporting, financial modeling, scenario planning, profitability analysis, KPI monitoring, and consolidation. Carpio has global delivery operations and resources in the USA, Brazil, Panama and Mexico. For more information, please visit http://www.carpio.com.

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SOURCE Carpio