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Hyperion Named a BearingPoint Top-Tier Alliance Partner

  • 23 July, 2004 16:54

<p>Extension of Alliance Relationship Advances the Integration of Industry-Leading Business Performance Management Solutions</p>
<p>Sunnyvale, Calif. – Hyperion (Nasdaq:HYSL) announces that BearingPoint, Inc. (NYSE: BE), one of the world’s largest business consulting and systems integration firms, has elevated Hyperion to the Strategic Partner level, one of only seven companies to achieve BearingPoint’s highest-level alliance status. The global Bearing Point – Hyperion collaboration is a result of the growing interest among businesses in adopting Business Performance Management practices and technology.</p>
<p>Hyperion and BearingPoint have teamed to address the business challenges of more than 50 clients across the globe in the last year alone. The integration of Hyperion’s Business Performance Management technology with BearingPoint’s tested practices and industry knowledge provides clients with flexible solutions that can help them improve their businesses.</p>
<p>“Delivering value to customers requires not only a solution for today’s pressing business problems, but also a vision for solving the challenges of the future,” said Perry Keating, senior vice president, BearingPoint Enterprise Solutions. “Together, BearingPoint and Hyperion can support the transformation of customers’ overall strategic objectives into actionable, measurable goals across the enterprise, at both strategic and operational levels.”</p>
<p>“Our joint customers realize the tremendous value of integrated offerings that combine BearingPoint’s leading practices with Hyperion’s Business Performance Management solutions to enable companies to effectively manage, measure and drive performance,” said Burton Goldfield, senior vice president, field operations for Hyperion. “BearingPoint has proven an invaluable partner in delivering mission-critical solutions based on Hyperion’s software. Together we continue to address the business performance challenges of global organizations across an array of industries. These successes are the foundation for more tightly integrating our combined offerings as we continue to work together to deliver high-value solutions to our clients.”</p>
<p>As a BearingPoint strategic partner, Hyperion’s industry-leading Business Performance Management software provides the technology support for a number of BearingPoint-developed solutions.</p>
<p>Hyperion combines powerful business and financial applications with a Business Intelligence Platform in an intuitive, integrated environment that can be used by managers at all levels to support continuous performance improvement and accountability.</p>
<p>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.</p>
<p>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.</p>
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<p>Safe Harbour Statement</p>
<p>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.</p>
<p>“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.</p>

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