from DSSResources.comHyperion Academic Alliance awards faculty training grant to Dr. Betsy Page SigmanSANTA CLARA, Calif., Oct. 31, 2005 -- Hyperion (NASDAQ:HYSL), the global leader in Business Performance Management software, announced today that the Hyperion Academic Alliance has awarded its first ever faculty training grant to Dr. Betsy Page Sigman of Georgetown University's McDonough School of Business. A comprehensive industry-academic initiative, the Hyperion Academic Alliance Program enables colleges and universities to integrate Hyperion's industry-leading Business Performance Management solutions into their curricula and prepare students to meet the growing demand for skills in this field. The program provides support for professors of business and management information systems who must regularly update their courses and teaching materials to keep pace with the rapid changes in information technology. In an address to McDonough Business School students recently, Hyperion executive chairman Jeff Rodek provided an overview of Business Performance Management, spotlighting the need for performance visibility and the role that future graduates can play in using technology to deliver the performance insight increasingly considered vital by their prospective employers. Rodek cited compliance pressures, business complexity, evolution in business intelligence platforms, sophistication of financial applications, the growing use of dashboards -- displays that help monitor individual, business unit and organizational performance and processes -- and progress in system integration as factors that are driving the need for Business Performance Management solutions. "More and more, we find that companies needing greater visibility and insight into their business drivers are looking to colleges and universities to provide graduates who understand Business Performance Management systems," said Jeff Rodek. "We are pleased to provide the opportunity for the McDonough School of Business to prepare students who understand the concepts of Business Performance Management and can utilize the tools for optimizing business performance." "I am very excited about participating in this program with Hyperion," said Dr. Sigman. "It will provide our Operations and Information Management (OPIM) majors a distinct advantage, enabling them to enter the work world with valuable experience using market leading Business Performance Management software." Hyperion makes its software available to global business schools through the Hyperion Academic Alliance Program. To learn more about Hyperion's Academic Alliance Program, go to www.hyperion.com/services/education_services/academic_alliance.cfm. 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. Hyperion offers the industry's only Business Performance Management solution that integrates financial management applications with a business intelligence platform into a single system. 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. 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 31, 2005 and the report on Form 10-Q filed on May 10, 2005. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances. "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. Hyperion Phyllis Davidson, 408-588-8754 phyllis_davidson@hyperion.com |