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Andrew Smith

Object Marketing

Tel: (020) 8762 9292




FORTUNE Recognition Caps A Great Year for Business Performance Management Leader

LONDON, UK. 6th January 2004 – Hyperion (Nasdaq: HYSL), the global leader in Business Performance Management software, today announced it has been named one of the 100 Best Companies to Work For 2004, according to FORTUNE magazine’s seventh annual survey. Employee opinion is the most important factor in selecting companies for the list, accounting for two-thirds of the total score. The survey, created by the Great Place to Work Institute, included questions about people policies, practices and philosophies.

“That we’ve been selected among the best places to work is a great recognition for our company,” said Jeff Rodek, chairman and CEO at Hyperion. “But it is an even more outstanding testament to the quality of our people and what we are accomplishing as a team in satisfying our customers, innovating software and delivering great value for our shareholders. Hyperion is firing on all cylinders—the Fortune 100 Best Companies to Work For award is yet another example of our progress.”

Hyperion, a first time ranked entrant, is number 88 on the list, and is one of only 16 high tech companies included, as opposed to 22 five years ago.

“It’s been a rough couple of years for jobs. But lots of companies still want to be good places to work—and 59 of the companies on the list actually added to their payrolls last year,” write Robert Levering and Milton Moskowitz of the Great Place to Work Institute, which researches and compiles the list for FORTUNE. Hyperion is one of the 59 companies listed as adding to its payroll in the last year.

To create the list, Levering and Moskowitz surveyed 46,526 randomly selected employees from 304 candidate companies who filled out an employee-opinion survey. Nearly half also gave written comments about their workplaces. Companies were evaluated on both the employee surveys and the company questionnaires, which included questions about how management shares information with employees, how senior managers make themselves available to input and how the company expresses its belief in the role employees play in the organization’s success.

The 2004 100 Best Companies to Work For and related stories appear in the January 12, 2004 issue of FORTUNE, available on newsstands today.

About Hyperion

Hyperion is the global leader in Business Performance Management software. More than 9,000 customers 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.

Headquartered in Sunnyvale, California, Hyperion employs approximately 2,600 people in 20 countries and is represented in 25 additional countries through distributor relationships. Hyperion, together with recently acquired Brio Software Inc., generated combined annual revenues of 2 million for the 12 months ending June 30, 2003. Hyperion is traded under the Nasdaq symbol HYSL. For more information, please visit, e-mail 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 t
he 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 November 7, 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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