UCLA graduates to next level in budgeting and reporting with Hyperion Software

California's Largest University Expects Greater Budget and Strategic Plan Alignment as well as Improved Expense Management

SUNNYVALE, Calif., Nov. 8, 2004 -- Hyperion (Nasdaq:HYSL), the global leader in Business Performance Management software, today announced that The University of California Los Angeles, California's largest university with approximately 35,000 students, 24,000 faculty and staff and $3.2 billion in operating expenses, has purchased Hyperion Planning and Hyperion Analyzer to align budgetary and strategic planning information with actual expenditures for improved budgeting and management reporting.

A web-based budgeting and planning solution, Hyperion Planning drives collaborative, integrated, event-based planning processes throughout the organization. Hyperion Analyzer, also purchased by the university, is an online analytical processing tool for analysis, presentation and reporting throughout the enterprise.

The newly purchased software will be used campus-wide, with users spread among each of the division CFO offices as well as in the Chancellor's office, which houses the university CFO. Approximately 455 university employees at a variety of levels will use the new Hyperion products to view or build budgets and reports.

The university selected Hyperion Planning from a slate of competing products to augment its current financial system because it needed a system that could be used to develop quarterly budgets and align budgets with strategic plans. Hyperion Analyzer will be used to create ad-hoc reports and enhance the graphical presentation of its analytic reports.

Overall, Hyperion's software will enable the university to move from a yearly budget to a quarterly budget model, allowing the organization to spread the total annual budget across months, track actual expense variances against budget and make mid-year budget adjustments as needed to achieve objectives.

"This project is part of our ongoing efforts to streamline and improve our budget and evaluation process," said Glyn Davies, assistant vice chancellor, Academic Planning and Budget at UCLA. "Our goal is to use these tools to help simplify management reporting processes at UCLA, improve the coordination of information and thus enable campus leadership to better assess the progress and success of our strategic plans."

About Hyperion

Hyperion is the global leader in Business Performance Management software. More than 9,000 customers -- including 91 of the Fortune 100 -- rely on Hyperion software to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance. Hyperion combines the most complete set of interoperable applications with the leading Business Intelligence platform to support and create Business Performance Management solutions. A network of more than 600 partners provides the company's innovative and specialized solutions and services.

Named one of the FORTUNE 100 Best Companies to Work For 2004, Hyperion employs approximately 2,500 people in 20 countries. Distributors represent Hyperion in an additional 25 countries. Headquartered in Sunnyvale, California, Hyperion generated annual revenues of $622 million for the 12 months that ended June 30, 2004. Hyperion is traded under the Nasdaq symbol HYSL. For more information, please visit, 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 September 13, 2004. 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.

Barbara Maigret, 408-220-8729 

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