…will allow Infogain to broaden business intelligence and financial solutions offered…
LONDON, UK, 10th February 2004 – Hyperion (Nasdaq: HYSL), the global leader in Business Performance Management software, today announced a new reseller agreement with customer knowledge management provider Infogain, which will allow the company to offer Hyperion Essbase and Hyperion Planning-based solutions.
The deal means Infogain will considerably enhance its ability to provide the best possible business intelligence and financial application solutions to its growing customer base.
Commenting on the new deal, Richard Carrington, UK Alliance and Channel Director at Hyperion said: “With over 600 partners worldwide, we see the kind of relationship we are now developing with Infogain as crucial to ensuring customers get the very best solutions to meet their business performance management and business intelligence needs. With Hyperion Planning, our centralised, Web-based planning, budgeting and forecasting application, Infogain will be able to provide optimised enterprise-class solution deployments. Hyperion Essbase will give Infogain the technology foundation to support comprehensive enterprise Business Performance Management solutions as well as initiatives that start with business intelligence or specific performance management applications and evolve into more comprehensive solutions over time.”
"We are excited about our new partnership with Hyperion,” said Kapil Nanda, President and Chief Executive Officer at Infogain. “Its applications enable Infogain to broaden the solutions we offer our customers in both the Business Intelligence and Financial arenas."
According to Gary Butler, Vice President of Business Intelligence at Infogain: “Our partnership with Hyperion allows us to better assist companies in increasing their ability to capture, merge and synthesise data from across the enterprise into actionable information. With technology from Hyperion, we are able to significantly increase the flow and value of information."
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.
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 /uk, e-mail firstname.lastname@example.org or call 01784 228015.
Infogain, the Customer Knowledge Company, develops and delivers Customer Asset Strategies to increase tactical and strategic decision-making capabilities across the enterprise. As a leading provider of CRM, ERP, integration, and business intelligence services to the Global 2000, Infogain turns customer data into strategic knowledge that positively affects the entire enterprise. Established in 1990 with international offices, Infogain has a long-standing commitment to global delivery and is uniquely qualified to deliver end-to-end solutions through valuable strategy consulting services and highly skilled engineering execution. For additional information on Infogain's full range of services, please visit www.infogain.com.
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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 From 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.
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Object Marketing (for Hyperion)
Tel: (020) 8762 9292
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