FOR IMMEDIATE RELEASE
Tel: (020) 8762 9292
HYPERION APPOINTS NORTHDOOR TO DISTRIBUTE ENTIRE BUSINESS PERFORMANCE MANAGEMENT PORTFOLIO
…also appointed as Distributor for Ireland…
LONDON, UK – 13th October, 2005 – Hyperion (NASDAQ: HYSL), the global leader in Business Performance Management software, today announced it has appointed independent IT consultancy Northdoor to resell its entire BPM software portfolio in the UK.
In addition, Northdoor has established an office in Dublin and now becomes a Hyperion distributor in Ireland. The new Irish office will provide full customer support, including business consultancy, implementation and technical support for all Hyperion products.
Richard Carrington, UK Partner Sales Director at Hyperion says: “Northdoor have already proven their ability to resell Hyperion business intelligence software and the move to reselling our entire BPM portfolio is the next logical step. We are also very pleased that Northdoor will now be taking on the role of supporting our software sales, support and implementation in Ireland.”
According to Northdoor Services Director Andy Chalklin: “We are already one of Hyperion’s biggest resellers in Europe and this move confirms our ability to genuinely support customers across the entire BPM software portfolio. The establishment of our Irish office is also a mark of our aggressive plans for growth and expansion into other major territories in Europe.”
Northdoor is a leading provider of lifecycle IT solutions and services to the financial services sector. Although known for particular strengths in the banking and insurance markets, the company works for clients across a range of sectors. Northdoor helps clients achieve a significant return on their IT investment through a blend of technical excellence, business focus and a true sense of partnership. ?By understanding needs from a commercial, operational and technical perspective, Northdoor ensures businesses will maximise their investment in IT and build a platform for future growth. ?Northdoor’s solutions-based approach has been highly successful, and the company has experienced rapid growth since foundation in 1989 receiving awards from Deloitte & Touche Fast 50 and PwC Profit Track 100.
Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 10,000 customers rely on Hyperion software to provide visibility into how their businesses are performing and to help them plan and model to improve that performance. Using Hyperion software, customers collect data, organize and analyze it, then communicate it across the enterprise. Hyperion offers the industry's only Business Performance Management solution that integrates financial management applications with a business intelligence platform into a single system.
Named one of the FORTUNE 100 Best Companies to Work For (2004), Hyperion serves global customers in 45 countries. A network of more than 600 partners provides the company’s innovative and specialized solutions and services. Hyperion generated revenues of $703 million for the fiscal year that ended June 30, 2005 and is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com.
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 31, 2005 and the report on Form 10-Q filed on May 10, 2005. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
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