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SUNNYVALE, Calif., March 21, 2001 – Hyperion, (Nasdaq: HYSL), a global leader in business analysis software, today announced the availability of Hyperion Application Builder, a Java 2 Enterprise Edition (J2EE) compliant application development tool that enables the rapid creation, management and deployment of Web-centric, custom business analysis applications.

Hyperion Application Builder allows companies to reduce application development time and the total cost of ownership for building and deploying custom analysis applications in cross-platform environments. It is the first development tool to extend Hyperion’s leading OLAP (online analytical processing) technology, Hyperion Essbase, to the Java development community, thus creating a new market opportunity for Hyperion and new development possibilities for the company’s clients and application development partners.

“Hyperion Application Builder brings exciting growth for the analysis application development community,” said Tim Tow, founder and president of Applied OLAP, a Hyperion Gold partner. “Using the underlying Java-based application programming interface, Hyperion Application Builder is the first development tool that is truly open and is designed to be highly scalable. As part of Hyperion’s alliance partner program, Applied OLAP is confident that Hyperion Application Builder will satisfy our customers’ demands for leading-edge application development technology.”

Dyke Hensen, chief product officer for Hyperion said, “Our customers and partners have expressed their interest in tools that support industry standards, like J2EE, that can help them keep pace with rapidly changing business needs. To meet these needs, Hyperion Application


Builder expands and strengthens Hyperion’s analysis tool offerings by adding industry-standard, Web-enabled, custom development capabilities for multiple operating systems and languages.”

Enabling customers to leverage the Java 2 Enterprise Edition platform allows application developers to gain numerous programming benefits, including: robust cross-platform support; straightforward integration of multiple disparate data sources; easier development and deployment of distributed applications throughout the enterprise; and faster run-time performance.

“We were looking for a powerful Java-based application development tool that we could use to build an application for our advertising customers to analyze, manage and measure their online campaigns,” said Phillip Powell, vice president of Product Development at TargetNet.com, an interactive marketing company. “By coupling Hyperion Essbase with Hyperion Application Builder, we achieved a level of power, flexibility, scalability and openness that makes our interactive marketing services so attractive to our customers, that this became an immediate payoff. We are very pleased with what Hyperion’s products have enabled us to deliver.”

Hyperion Application Builder offers customers and partners a smart way to create custom analysis applications faster, by providing comprehensive sample applications and templates with complete source code for rapid application development. This allows customers and partners to focus more of their time on delivering critical business functionality and increases their competitive advantage by broadening the use of critical business information throughout the enterprise.

“By facilitating the development of Hyperion Essbase-based analytic applications, Hyperion Application Builder not only increases the attractiveness of Hyperion Essbase as a development platform, but also benefits Hyperion’s partners and users who will be able to more quickly develop, deploy and maintain their resulting solutions,” said Michael Schiff, vice president, e-Business and Business Intelligence at Current Analysis, Inc., a provider of competitive market intelligence. “Its Java 2 Enterprise Edition technology and its additional


ability to provide Java Database Connectivity (JDBC) to relational data sources will appeal to the Java development community.”

As companies increasingly seek ways to share information and analyze data -- not only within the enterprise but also throughout the entire corporate value chain, including customers, partners, suppliers and employees -- Hyperion Application Builder can facilitate this process.

“Many business leaders recognize the need to broaden the availability of critical business insights to their employees and strategic partners,” said Jon Christensen, founder and CEO of Elytics, an e-business intelligence solution provider. “Through the use of the Internet and Web technologies like J2EE, Hyperion Application Builder makes it possible for IT organizations to quickly deliver cost-effective and custom business analysis applications for the entire enterprise.”

Availability

Hyperion Application Builder is available today in English, French, German and Japanese. Supported platforms include Microsoft Windows NT, Sun Solaris, HP-UX and IBM AIX.

About Hyperion

Hyperion (Nasdaq: HYSL) is a leader in business analysis software. Hyperion helps business leaders plan, manage and execute on strategies by analyzing information on e-business initiatives, supply chain execution, customers, operations and finance. The company’s market-leading OLAP (online analytical processing) technology, packaged business analysis applications and tools are used by 6,000 organizations worldwide, including more than 60 of the Fortune 100 and more than 40 of the Financial Times European Top 100. In addition, more than 400 Hyperion alliance partners deliver technology, applications and services to increase the flexibility and choice for customers. Headquartered in Sunnyvale, California, the company has offices in 22 countries. More information is available at http://www.hyperion.com

info@hyperion.com

or 1-800-286-8000.


Hyperion and Essbase are registered trademarks and Hyperion Solutions is a trademark of Hyperion Solutions Corporation. All other trademarks and company names mentioned are the property of their respective owners.

Contacts:

Andrew Smith

Object Marketing

Tel: (020) 8762 9292

E-mail: andrews@objectmarketing.com


Lena Bhimani

Hyperion

Tel: (020) 8995 3631

E-mail: lena_bhimani@hyperion.com



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