Hyperion Becomes Corporate Member of AACSB International; Business Performance Management Leader to Help Set Agenda for Business Education

Business Wire, Oct 19, 2005

SANTA CLARA, Calif. & TAMPA, Fla. -- Hyperion (Nasdaq:HYSL), the global leader in Business Performance Management software, has become the newest corporate member of AACSB International -- the Association to Advance Collegiate Schools of Business. Through its membership, Hyperion will have the opportunity to participate with AACSB on projects and initiatives, and apply its expertise in optimizing business performance to provide input that can help business schools produce graduates with the skills most desired by today's employers.

"We are delighted to welcome Hyperion as a corporate member," said John Fernandes, president and chief executive officer of Tampa-based AACSB International, which accredits 506 business schools in 28 countries. "Hyperion brings significant prestige and expertise to our membership base that will help deans, faculty, and administrators identify critical issues facing today's students who are tomorrow's future managers."

Godfrey Sullivan, president and chief executive officer at Hyperion, said that the relationship with AACSB is a natural evolution of the company's involvement with business education.

"We look forward to working with AACSB and its member institutions on ways in which Hyperion and Business Performance Management can help strengthen and enrich business education," Sullivan said. "As global businesses demand greater visibility into the factors that drive performance, the theory and practice of Business Performance Management is being recognized as core to a comprehensive business school curriculum. Hyperion is stepping up involvement with schools in response, ensuring that the processes and systems that provide performance visibility are made available to students early in their careers."

According to industry analyst organization IDC, information transparency and performance management initiatives are a top priority for businesses, with the trend beginning in the large global organizations and continuing across businesses of all types and sizes. (June 2005 "Worldwide Financial and Business Performance Management Analytic Applications 2005-2009")

AACSB corporate membership enables businesses to connect with the world's top business schools through the association's 1,000-plus membership base. Corporate members gain access to deans and other school leaders, and have the chance to drive business school change by participating on panels, task forces, peer review teams, and committees. They also gain access to AACSB data resources that can connect them directly with schools, enabling them to utilize information to improve company performance.

In addition to its membership in AACSB International, Hyperion recently joined forces with Peking University Guanghua to open the world's first Business Performance Management Research Institute with a goal of integrating academic research and practical application. Hyperion makes its software available to global business schools through the Hyperion Academic Alliance program. To learn more about Hyperion's Academic Alliance Program, go to www.hyperion.com/services/education_services/academic_alliance.cfm.> About Hyperion

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, Along with the industry's most comprehensive and flexibility set of interoperable applications, Hyperion offers the leading Business Intelligence platform optimized to support Business Performance Management solutions.

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 hyperion.com.

About AACSB International

AACSB International was founded in 1916 by a consortium of 17 business schools, including Dartmouth College (Tuck Business School), Harvard University (Harvard Business School), the University of Pennsylvania (The Wharton School) and Northwestern University. AACSB International is the premier accrediting agency for bachelor's degree, master's degree, and doctoral degree programs in business administration and accounting. The association also is the business education community's professional development organization, conducting a wide array of conference and seminar programs at various locations around the world.

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