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LONDON, UK – 23 September, 2003 – Invensys, a global leader in production
technology, is set to greatly enhance its financial reporting and
consolidation capabilities through the purchase of technology solutions
from Hyperion, (Nasdaq: HYSL) the global leader in Business Performance
Management software.



David Thomas, Group Controller of Invensys says: “We are a large global
organisation, operating in over 60 countries with complex financial
reporting needs. We identified a requirement to update our existing
platform with an application that will provide a streamlined, visible and
easy to maintain financial information system.



After evaluating a number of potential approaches, we chose Hyperion
Financial Management (HFM). We believe that HFM will deliver financial
consolidation, reporting and analysis in a single scaleable application to
meet our needs. Its introduction will enable us to shorten our financial
close process, providing senior management more time for review. Also with
HFM we saw that the pre-packaged features can be deployed out of the box
quickly and cost effectively which was particularly attractive for our
implementation plan.”



HFM centralisation gives Invensys the tools with which to greatly simplify
its financial reporting processes and, with the capability of textual
commentaries, provides a transparent view of the Group’s businesses. The
application will provide financial information to managers and executives
irrespective of location. Altogether there will be some 400 users
throughout Invensys.





About Invensys



Invensys is a global leader in production technology. The group helps
customers improve productivity, performance and profitability using
innovative services and technologies and a deep understanding of their
industries and applications.

Invensys Production Management works closely with customers to increase
performance of production assets, maximize return on investment in
production and data management technologies and remove cost and cash from
the supply chain. The division includes APV, Avantis, Eurotherm, Foxboro,
IMServ, SimSci-Esscor, Triconex and Wonderware. These businesses address
process and batch industries -- including oil and gas, chemicals, power and
utilities, food and beverage, pharmaceuticals and personal health care
products, metals and mining -- plus the discrete and hybrid manufacturing
sectors.

Invensys Rail Systems is a global leader in the design, manufacture,
supply, installation, commissioning and maintenance of safety-related rail
signalling and control systems as well as a complete range of rail
signalling and communications products. The business includes Westinghouse
Rail Systems Limited (WRSL), Dimetronic Signals, Safetran Systems, Burco
Services, Westinghouse Signals Australia and Foxboro Transportation. WRSL
was recently awarded two contracts valued at more than £850m (US.3 billion)
for the renewal of signalling on the London Underground.

Invensys also currently serves other market sectors through its Development
Division. The businesses in this division are: Appliance Controls, APV
Baker, Climate Controls, Hansen Transmissions, Lambda, Metering Systems and
Powerware. Invensys is actively seeking to develop these businesses through
equity partners or new owners.

Invensys operates in more than 60 countries, with its headquarters in
London.



About Hyperion



Hyperion is the global leader in Business Performance Management software
that enables companies to translate strategies into plans, monitor
execution and provide insight to improve financial and operational
performance. More than 6,000 customers worldwide use Hyperion\'s Business
Performance Management family of packaged and tailored applications and its
leading business intelligence platform. Hyperion has a network of more
than 330 partners to provide innovative and specialized Business
Performance Management solutions and services.



Headquartered in Sunnyvale, California, Hyperion generated annual revenues
of 0 million in fiscal 2003. The company employs more than 2,100 people in
20 countries and is represented in 16 additional countries through
distributor relationships. Hyperion is traded under the Nasdaq symbol
HYSL. For more information, please visit www.hyperion.com/uk, e-mail
enquiryuk@hyperion.com or call 01784 228015



# # #



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. The company does not undertake an obligation to
update its forward-looking statements to reflect future events or
circumstances.


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



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