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HYPERION'S MORE THAN 10,000 CUSTOMERS DRIVE BREAKTHROUGH PERFORMANCE
Increasing Adoption of Business Performance Management Marks
Momentum of the Category
LONDON, UK, February 8, 2005 - More than 10,000 customers worldwide are relying on Hyperion's Business Performance Management software to gain insight, drive change, and improve overall business performance. Hyperion (Nasdaq: HYSL) reports that the increasing need for transparency and accountability-attached to new regulations and compliance requirements-is further fueling the need for Business Performance Management solutions.
“The business environment remains challenging. Companies are wrestling with demands for higher performance at the same time that they need more transparency,” said Nazhin Zarghamee, chief marketing officer at Hyperion. “More and more companies are seeing Business Performance Management as a critical part of the foundation they can rely on for both deeper insights into their business and as a catalyst for driving change across the organization.”
Hyperion's full suite of Business Performance Management software allows its customers to relieve some of today's most crucial business problems, including compliance pressures, the need to mitigate risk, and the challenge of ensuring the right information is always in the hands of the right decision makers at the right time.
CoBank, a leader in delivering loans, financial solutions and leasing services to U.S. agribusinesses, rural communications, energy and water companies, and Farm Credit associations, is an example of a long-standing Hyperion customer that is using Business Performance Management software to streamline data management in its organization.
“CoBank has been using Hyperion software for more than a decade,” said Tony Noble, director of management reporting and budgeting for CoBank. “Our track record with Hyperion made its Business Performance Management software-specifically Hyperion Financial Management and Hyperion Essbase- a clear choice to further meet our internal and external reporting, budgeting and forecasting needs.”
More than 1,000 new customers purchased Hyperion solutions directly or via Hyperion's partners in the past year, 282 in the last quarter alone, in organizations as diverse as automotive, healthcare, financial services, government, higher education, retail, manufacturing and transportation. In these verticals, Hyperion has been relying on its strong partner network to deliver best-suited solutions and best support to customers worldwide. The number one driver of recent customer wins has been Hyperion Performance Suite, the dashboard creation and query and reporting component of Hyperion Business Intelligence Platform.
In just the past few months, global companies such as AB Nynäs Petroleum, Capital One, Carl Zeiss AG, Carlson Companies, CoBank, HBOS, Reed Elsevier, Regus Group Plc, Sanofi-Synthelabo Groupe, the School Board of Broward County, the Social Security Administration and University of Alabama Birmingham Health System have adopted Hyperion Business Performance Management solutions.
Hyperion determines its customer total very differently than many other companies, counting just those companies with an active, unique maintenance contract.
Hyperion is the global leader in Business Performance Management software. More than 10,000 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 2,500 people in 20 countries. Distributors represent Hyperion in an additional 25 countries. Headquartered in Santa Clara, California, Hyperion generated annual revenues of $622 million for the 12 months that ended June 30, 2004. 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.
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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 the company's filings with the Securities and Exchange Commission, including the Report on Form 10-K filed on September 13, 2004 and the report on Form 10-Q filed on November 9, 2004. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
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