SUNNYVALE, Calif., June 28, 2004 -- Most of us take for granted that we can walk into a store and find just about whatever we want on the shelves. However, making tens of thousands of items -- in their varied sizes, colors and flavors -- consistently available is a complicated process involving not just the retailer but the entire supply chain. Optimizing the "what, when and how much" of the supply chain adds another layer of complexity. And that layer is best handled by sophisticated software.

Hyperion (Nasdaq: HYSL) is the global leader in Business Performance Management solutions used by many of the world's largest retailers and consumer brands to increase profitability by managing the cost, price and flow of goods.

For example Belk, Inc., based in Charlotte, N.C., is the largest privately owned department store company in the United States. Belk uses Hyperion applications to quickly analyze sales trends, inventory levels, margins and markdowns across 225 fashion department stores in 14 Southeastern states. Belk shares the information with its merchants so they can work together to respond quickly to inventory shortages or oversupply.

"We help our merchants understand where their risks and opportunities are," said David Palmer, vice president of financial services for Belk. "Working together, we are making better decisions to get the right inventory to the right store."

The North Face produces the performance apparel, equipment and footwear of choice for the world's most accomplished climbers, mountaineers, extreme skiers, snowboarders and explorers. The approximately 12,000 stock-keeping units (SKUs) offered by The North Face are produced by a global network of manufacturing partners and sold through thousands of outdoor resellers and in the company's own retail and outlet stores.

The North Face uses Hyperion solutions to orchestrate its supply chain so efficiently that it has achieved an on-time delivery rate of 98 percent to its reseller customers, up from below 50 percent in 2000. In such a seasonal business, sales delayed by late shipments are sales likely lost for good -- not only to The North Face but to its customers as well, making timely delivery a mission-critical requirement. In addition, the company reduced excess inventory by 65 percent and closed most of its outlet stores, which has helped increase margins and strengthen its brand.

The North Face automatically generates 50 standard supply chain reports that are made available via email and online. Before implementing Hyperion solutions, these reports took days and weeks to generate. Now, they take hours. Time previously spent manually compiling data is now spent analyzing it and improving operations.

"Our product managers rely on product profitability reports generated by the Hyperion system to see which styles, colors and sizes are best sellers and which warrant discontinuation," said Richard Hays, vice president of information systems and CIO for parent company VF Corporation's outdoor product lines. "Hyperion helps us see, for example, that small sizes are becoming less popular and large sizes are selling more, and we can adjust our forecasts accordingly."

"Nowhere are the benefits of Business Performance Management more visceral than in managing sales and the supply chain," said Rich Clayton, vice president of product marketing for Hyperion. "When you can't deliver what the customer needs, you may not just lose a sale, you may lose that customer's business entirely. Retaining customers is the lifeblood of any company, and meeting customer needs and expectations absolutely requires managing your company's performance across the board."

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 2,600 people in 20 countries. Distributors represent Hyperion in an additional 25 countries. Headquartered in Sunnyvale, California, Hyperion -- together with recently acquired Brio Software Inc. -- generated combined annual revenues of $612 million for the 12 months ending June 30, 2003. 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 and the Report on Form 10-Q filed on May 10, 2004. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.

NOTE: "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.

SOURCE Hyperion Solutions Corporation

Web Site: http://www.hyperion.com