Hyperion Grant Helps Launch Business Performance Management Center at Ohio State's Fisher College of Business; Business Performance Management Studies Prepare Students for Leadership

Business Wire, April 24, 2006

SANTA CLARA, Calif. & LAS VEGAS -- Hyperion (Nasdaq:HYSL), the global leader in Business Performance Management software, and Fisher College of Business at The Ohio State University will open the first Center for Business Performance Management in the United States with a grant from Hyperion. The announcement was made at Solutions 2006, Hyperion's global Business Performance Management conference, taking place in Las Vegas April 23 through April 26.

The center will focus on enhancing business management education and research, and will create an interactive forum for academics, professionals and practitioners who are interested in the development and the practice of performance management.

"Ohio State's Fisher College of Business is committed to delivering the best in management education that will provide the greatest possible opportunity for our students to succeed as they take their place as business leaders," said Joseph A. Alutto, dean of Fisher College. "With the creation of the Center for Business Performance Management, we are further strengthening our mission of meeting the needs of companies looking to us to provide graduates who understand the most advanced business concepts and practices."

"With this center, Ohio State University moves to the forefront of Business Performance Management teaching and research," said Jeff Rodek, executive chairman at Hyperion. "As global businesses demand greater visibility into the factors that drive performance, it makes sense to look at business school curriculum through the lens of performance management. We believe that the Hyperion grant and partnership with the Fisher College will help facilitate innovation through faculty collaboration, multidisciplinary teaching and links with the industry and other universities."

The Center for Business Performance Management at the Fisher College of Business at Ohio State University is the result of two key Hyperion initiatives, the Hyperion Academic Alliance Program and the Alliance for Performance Leadership, working together to prepare students to be leaders in business and Information Technology, and ensuring that the processes and systems that provide performance visibility are made available to students early in their careers.

The Hyperion Academic Alliance Program enables colleges and universities to update their courses and teaching materials to keep pace with rapid changes in technology, providing students with practical learning opportunities to use the Business Performance Management tools that are rapidly being adopted by businesses in every industry.

One of its first initiatives was the opening of a Business Performance Management Research Institute at Peking University Guanghua for integration of academic research and practical application of advanced management methodologies and information technology.

The Alliance for Performance Leadership, made up of visionaries from within the Hyperion customer community, academia and Hyperion's own thought leaders, will work with the Hyperion Academic Alliance to help schools leverage Business Performance Management solutions to foster best practices in business. This will include providing access to valuable resources for the creation and testing of best practices as well as opportunities to incubate and synthesize ideas.

About OSU's Fisher College of Business

Ranked by U.S. News and World Report among the top 25 business schools in the country, The Ohio State University's Fisher College of Business offers full-time, part-time and executive MBA, Master of Accounting and Master of Labor and Human Resources programs. The college of business was started in 1916, and was named the Fisher College of Business in 1993, in honor of Max M. Fisher, a noted philanthropist, industrialist and alumnus of the college.

About Hyperion

Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 11,000 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.

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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 February 8, 2006. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.