from DSSResources.comLaidlaw enhances planning and analysis with Hyperion Business Performance Management softwareSANTA CLARA, Calif., July 12, 2005 – Hyperion (Nasdaq: HYSL), the global leader in Business Performance Management software, today announced that Laidlaw Education Services, the largest contractor of student transportation services in North America, has selected Hyperion Planning, Hyperion Essbase and Hyperion’s Business Intelligence tools for reporting, budgeting, forecasting and analysis of financial and operational data. With more than 45,000 employees and responsibility for transporting two million students to and from school every day, Laidlaw directs complex operations throughout the United States and Canada. To help manage those operations enterprise-wide, the company purchased Hyperion software to automate its planning and analysis, eliminating the need for manual processes and reducing the use of spreadsheets. A web-based budgeting and planning solution, Hyperion Planning will drive collaborative, integrated, event-based planning processes throughout the organization. Hyperion’s Business Intelligence tools, running on Hyperion Essbase’s scalable enterprise-class architecture, will be used by the company as an online analytical processing tool for analysis, presentation and reporting throughout the enterprise. Hyperion Planning will be deployed at more than 450 operating locations, with employees at Laidlaw’s Naperville, Illinois headquarters using it for reporting and budgeting, financial planning and analysis and metrics management. Additionally, 25 employees will use Hyperion Essbase and Hyperion’s Business Intelligence tools to track and evaluate branch performance and metrics management. About Hyperion Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 10,000 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 Santa Clara, 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 www.hyperion.com, www.hyperion.com/contactus or call 800 286 8000 (U.S. only). “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. Ian Yellin Hyperion 408-588-8462 ian_yellin@hyperion.com |