Hyperion Highlights Newly Available Products Through Its OEM Agreement With Brio SoftwareHyperion Enhances Business Performance Management Suite with New Software Additions SUNNYVALE, Calif., Aug. 20, 2003 -- Hyperion (Nasdaq: HYSL), the leader in Business Performance Management software, today announced that it has begun reselling the Brio product line to its customers under the terms of its recent OEM agreement with Brio Software. The product set includes three key products -- Hyperion SQR, Hyperion Intelligence and Hyperion Metrics Builder. Hyperion Intelligence provides organizations with Web-based ad hoc query, reporting and analysis; Hyperion Metrics Builder delivers Web-based, individual, personalized KPI dashboards for performance monitoring; and Hyperion SQR offers enterprise-class reporting. The new additions to Hyperion's Business Performance Management suite provide organizations with timely, personalized insight that empowers both financial and operational users to make the right decisions to drive performance accountability. Hyperion SQR Hyperion SQR provides a proven cross-platform, high-volume, enterprise-class engine for generating reports and processing data. Leveraging SQR, one of the best-known brands in industrial strength enterprise reporting, Hyperion SQR can be utilized against a broad range of operational sources. "The Hyperion-Brio product combination allows customers to transcend the analysis and reporting of their transactional activities to manage and respond to the key operational and financial indicators that reflect strengths, weaknesses and opportunities for improvement," said Nazhin Zarghamee, chief marketing office for Hyperion. "Our customers have expressed the need for a single-vendor solution that includes enterprise-class, easy-to-use and scalable reporting tools integrated with packaged applications, and are welcoming the news of the planned acquisition and OEM agreement as a result." Hyperion Intelligence Hyperion Intelligence provides a "self-service" query and reporting environment that enables rapid publishing of key enterprise information assets for both online and offline users. For IT staff, Hyperion Intelligence offers a proven query and reporting tool with rapid Web-based deployment to support information sharing throughout all corners of the enterprise. With its self-service capabilities, users gain valuable insight and can turn that insight into immediate action. The product captures the requirements of many levels of online or offline operational users throughout the organization. Hyperion Metrics Builder With Hyperion Metrics Builder, enterprise-wide users have access to an intuitive dashboard to continuously monitor and align their performance against corporate goals, while the ability to receive alerts and notifications helps users anticipate results and stay focused on key corporate objectives. With the combined software, customers will be able to bring together the information they use for operational and financial planning, and populate scorecards and dashboards for forecasting and monitoring results. About Hyperion Hyperion is the global leader in Business Performance Management software that enables companies to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance. More than 6,000 customers worldwide use Hyperion's Business Performance Management family of packaged and tailored applications and its leading business intelligence platform. Hyperion has a network of more than 330 partners to provide innovative and specialized Business Performance Management solutions and services. Headquartered in Sunnyvale, California, Hyperion generated annual revenues of $510 million in fiscal 2003. The company employs more than 2,100 people in 20 countries and is represented in 16 additional countries through distributor relationships. Hyperion is traded under the Nasdaq symbol HYSL. For more information, please visit www. hyperion.com, http://www.hyperion.com/contactus or call 800-286-8000 (U.S. only). Safe Harbor Statement Statements in this press release other than statements of historical fact are forward-looking statements, including, but not limited to, statements concerning the potential success of anticipated product features, the anticipated product offerings and the potential market opportunities for business performance management software. Such statements constitute anticipated outcomes and do not assure results. Actual results may differ materially from those anticipated by the forward-looking statements due to a variety of factors, including, but not limited to the company's ability to retain and attract key employees, the successful and timely development of new products, the impact of competitive products and pricing, customer demand, and technological shifts. For a more detailed discussion of factors that could affect the company's performance and cause actual results to differ materially from those anticipated in the forward-looking statements, interested parties should review the company's filings with the Securities and Exchange Commission, including the Report on Form 10-K filed on August 13, 2003. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances. NOTE: Hyperion is a registered trademark of Hyperion Solutions Corporation. All other trademarks and company names mentioned are the property of their respective owners.
SOURCE Hyperion Solutions Corporation |