SANTA CLARA, Calif., Aug. 30, 2005 -- Carphone Warehouse, Europe's leading independent mobile communications retailer, is set to greatly improve its approach to planning, budgeting and financial reporting by investing in technology solutions from Hyperion (Nasdaq:HYSL), the global leader in Business Performance Management software.

"As a new generation retailer, we aim to exceed our customer's expectations by providing an innovative approach to service," said Nigel Langstaff, group director of Finance at Carphone Warehouse. "To stay at the front of this dynamic and rapidly moving industry, we constantly develop new ideas and services for our customers."

"We realized we needed to apply a similarly innovative approach to our financial management and planning systems. Hyperion offers us the best way to do this by providing a truly integrated approach."

Carphone Warehouse purchased Hyperion Planning, Hyperion Financial Management and Hyperion Master Data Management Server. Around 200 users will benefit from the use of this software.

Carphone Warehouse was already a Hyperion Essbase customer, and has increased the number of users from 32 to nearly 200. Hyperion Essbase allows for centralized maintenance of dimensions, hierarchies, calculations and business rules. Carphone Warehouse intends to now expand its usage of Hyperion Essbase to create a unified analytical platform.

As an integral part of the Hyperion Business Performance Management offering, Carphone Warehouse will also use Hyperion Planning, a centralized, Web-based solution, to track and monitor business plans and forecasts, translating strategic objectives into operational goals and targets.

"For financial planning, we had previously used Microsoft Excel," says Langstaff. "With Hyperion Planning, we now have the ability to more easily generate rolling forecasts. It will be a big improvement over our manually intensive use of spreadsheets."

Hyperion Financial Management, a web-based application for financial consolidation and reporting, is owned and maintained by Carphone Warehouse's group finance team. By using Hyperion's software, Carphone Warehouse intends to improve its financial close and reporting process and reduce internal control risk. Carphone Warehouse finance personnel should be able to spend less time on processing and more time on value-added analysis, as well as providing a single version of the truth to support financial management and statutory reporting.

"Hyperion Financial Management will give us a far greater degree of integrity and will help us significantly improve our approach to reporting at both a group level and business unit level," says Langstaff.

The final component of Carphone Warehouse's purchase is the Hyperion Master Data Management (MDM) Server. Using the Hyperion MDM Server, Carphone Warehouse finance personnel can be directly involved in the iterative process of managing complex, rapidly changing Business Performance Management master data, rather than having IT manage this for them. Hyperion MDM Server synchronizes master data across analytic applications, data warehouses, transaction systems and Business Performance Management applications. Hyperion MDM Server integrates with the Hyperion Business Intelligence Platform.

"The key benefit we expect to gain is a single version of the truth in terms of financial management, reporting, planning, budgeting and data management. We believe we will gain significant process efficiencies as a result of investing in Hyperion software," said Langstaff.

About Hyperion

Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 10,000 customers rely on Hyperion software to provide visibility into how their businesses are performing and to help them plan and model to improve that performance. Using Hyperion software, customers collect data, organize and analyze it, then communicate it across the enterprise. Along with the industry's most comprehensive and flexible set of interoperable applications, Hyperion offers the leading Business Intelligence platform optimized to support Business Performance Management solutions.

Named one of the FORTUNE 100 Best Companies to Work For (2004), Hyperion serves global customers in 45 countries. A network of more than 600 partners provides the company's innovative and specialized solutions and services. Hyperion generated revenues of $703 million for the fiscal year that ended June 30, 2005 and is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com.

"Hyperion," the Hyperion "H" logo and Hyperion's product names are trademarks of Hyperion. References to other companies and their products use trademarks owned by the respective companies and are for reference purpose only.

Jennifer Leggio, 408-588-8473
Jennifer_Leggio@Hyperion.com