Hyperion Joins CAM-I to Further the Development of Activity-based Management Standards

Business Wire, Feb 10, 2000

Business/Technology Editors

SUNNYVALE, Calif.--(BUSINESS WIRE)--Feb. 10, 2000

Furthering its role as a market- and thought-leader in performance management solutions, Hyperion (Nasdaq:HYSL) today announced it has joined CAM-I (Consortium for Advanced Manufacturing -- International), a leading international research and development think-tank. Hyperion brings to CAM-I proven business methodologies and solutions that will influence and support the future, ongoing research and development activities of this organization, particularly in the areas of operations planning, strategic cost management and business analytics.

CAM-I was established to support research and development in areas of strategic importance to various industries, such as aerospace, automotive, defense, electronics and telecommunications. CAM-I's membership consists of more than 75 leading industrial, academic and government organizations, including Arthur Andersen, Boeing, DaimlerChrysler, Honeywell International, Eastman Kodak and IBM, working to define and understand critical business issues. As a group, CAM-I sponsors work to create solutions that resolve common problems.

&uot;Hyperion's membership in CAM-I is another example of the leadership role we play in the advancement and sharing of innovative business solutions for manufacturers through our performance management analytic applications,&uot; said Doug Barton, senior director of product marketing at Hyperion. &uot;Our leading-edge approach to combining industry-specific key performance indicators and driver-based activity models will accelerate the return on investment from performance management initiatives.&uot;

&uot;We consider it a privilege to have a collaborative research alliance with a forward thinking company such as Hyperion,&uot; said Ron Bleeker, director of cost management for CAM-I. &uot;As a leading provider of performance management and activity-based management analytic applications, Hyperion will bring a fresh perspective to the continued development of leading edge strategic cost management tools and techniques.&uot;

About CAM-I

CAM-I is a not-for-profit, cooperative membership organization established in 1972 to support research and development in areas of strategic importance to manufacturing industries. Since 1972, the membership has expanded to include several industries outside manufacturing. CAM-I is an industry-based, industry-driven organization that is owned, governed and directed by its members. Its sole purpose is to support member companies in their quest for excellence in today's highly competitive global marketplace.

About Hyperion

The worldwide analytic application software leader, Hyperion Solutions Corporation (Nasdaq:HYSL) gives today's knowledge workers the &uot;freedom to succeed&uot; with software, services and partner offerings that help them understand and optimize their businesses. More than 6,000 organizations worldwide use Hyperion's analytic application software products, which include market-leading packaged analytic applications, and OLAP server technology and tools. Hyperion's customers include more than 60 of the Fortune 100 and more than 40 of the Financial Times European Top 100 companies. In addition, more than 350 leading data warehousing, OLAP tools, services, ERP, packaged application, and platform alliance partners extend the value of Hyperion's products and services to deliver maximum flexibility and choice to customers. Headquartered in Sunnyvale, California, the company has offices in 26 countries. Information on Hyperion's products and services is available at http://www.hyperion.com, info@hyperion.com, or 1-800-286-8000.

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