Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

Hyperion Positioned in Leaders Quadrant for Corporate Performance Management Suites

  • 09 November, 2005 16:12

<p>Hyperion (Nasdaq: HYSL) has announced that it has been positioned in the leader quadrant for corporate performance management suites according to Gartner, Inc., a leading industry analyst firm. Hyperion has been placed in the Leaders Quadrant in the firm’s Magic Quadrant for Corporate Performance Management (CPM) Suites that was published on November 4, 2005.</p>
<p>Hyperion was evaluated on ‘completeness of vision’ and its ‘ability to execute’ in CPM suites. According to Gartner, Leaders are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market.</p>
<p>“Our vision to enable companies to actively manage their success has been endorsed by our customers,” said Heidi Melin, chief marketing officer for Hyperion. “With the powerful integration of our business intelligence platform and leading financial management applications in Hyperion System 9, we will continue to deliver market-leading Business Performance Management solutions to the marketplace.”</p>
<p>Gartner defines CPM as not only the processes used to manage corporate performance, but also the methodologies that may drive some of the processes, the metrics used to measure performance against strategic and operational performance goals, and the appropriate supporting systems. Hyperion uses a similar term, Business Performance Management, to define its solutions that are designed to help businesses translate strategies into plans, monitor execution and provide insight to improve financial and operational performance.</p>
<p>About The Magic Quadrant</p>
<p>The Magic Quadrant is copyrighted 2005 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the ‘Leaders’ quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.</p>
<p>About Hyperion</p>
<p>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, organise and analyse 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.</p>
<p>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.</p>
<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 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.</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>
<p>Media Contact:
John Back
Kinetics Pty Ltd
+61 2 9976 6611
john@kinetics.com.au</p>

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