Aberdeen Group Applauds Merits of Merger Between Arbor Software and Hyperion Software.SUNNYVALE, Calif.--(BUSINESS WIRE)--August 24, 1998--Hyperion Solutions Corporation, (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :HYSL), a leading provider of analytic application software for integrated reporting, analysis, modeling and planning, today announced the availability of a recent Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. Impact naming Hyperion Solutions Hyperion Solutions Corporation is a business performance management software company, located in Santa Clara, California, USA. Many of its products are targeted at the Business Intelligence and Business performance management market. the "gorilla" in the rapidly growing analytic applications Analytic Applications are a type of business application software, used to measure and improve the performance of business operations. More specifically, Analytic Applications are a type of Business Intelligence solution. market. The Impact from Aberdeen, a leading computer industry market research, analysis and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , analyzes the merits of the merger between Arbor Software See Hyperion. and Hyperion Software to create Hyperion Solutions, which today began combined operations For the department of the British War Office during World War II, see . In the military, combined operations are operations conducted by forces of two or more allied nations acting together for the accomplishment of a single mission. See also
"Hyperion Solutions combines Hyperion's packaged analytic applications, financial domain expertise, services and global infrastructure with Arbor's scalable OLAP technology, IT/data warehousing expertise, and global channel partnerships," said Bob Moran, director of decision support research for Aberdeen Group. "Deeply focused on strategic information analysis, Hyperion Solutions capitalizes on the strengths and core competencies of both companies and readily positions the new company for market dominance Market dominance is a measure of the strength of a brand, product, service, or firm, relative to competitive offerings. There is often a geographic element to the competitive landscape. in on-line analytical application solutions." The Aberdeen Group Impact is available on Hyperion's Web site at http://www.hyperion.com. About Aberdeen Group Aberdeen Group is a Boston-based computer industry market research, analysis and consulting organization. Aberdeen performs custom projects for a select group of domestic and international clients emphasizing a combination of strategic advice and pragmatic, experience-based action plans. Aberdeen's uniqueness lies in its ability to analyze both information technology market dynamics and individual client's business issues through a unified methodology with the objective of exceeding each and every client's project goals. Additional information is available at http://www.aberdeen.com or by calling 617-723-7890. About Hyperion Solutions Hyperion Solutions Corporation (NASDAQ:HYSL), formed through the merger of Hyperion Software and Arbor Software, is a leading provider of analytic application software for reporting, analysis, modeling and planning. Hyperion's family of packaged analytic applications, OLAP server, and developer and end-user tools helps organizations maximize performance and gain competitive advantage. Hyperion's products are in use by more than 4,000 customers worldwide, including more than 60 percent of the Fortune 100 and 40 percent of the Financial Times European Top 100. Hyperion Solutions has established strategic partnerships with more than 300 leading data warehousing, OLAP tools, services, ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. , packaged application, and platform vendors to extend the value of the company's products and services and deliver maximum flexibility and choice to customers. The company is headquartered in Sunnyvale, California and has more than 1,800 employees 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. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: This press release includes statements which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although Hyperion Solutions Corporation believes the expectations contained in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. This information may involve risk and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings. Media/Industry Analyst Hotline: For media and industry analyst inquires regarding today's announcement, please dial (408) 220-8130. Hyperion Solutions Investor Relations Investor relations The process by which the corporation communicates with its investors. : For shareholder or financial analyst inquiries, please contact James Budge at (408) 744-9500 or Lisa Williams at (203) 703-3415. Note to Editors: Hyperion is a registered trademark and Hyperion Solutions is a trademark of Hyperion Software Operations Inc., a wholly-owned subsidiary of Hyperion Solutions Corporation. Arbor and Essbase are registered trademarks of Hyperion Solutions Corporation. All other trademarks and company names mentioned are the property of their respective owners.
CONTACT: Hyperion Solutions
Joanna McMillan, 408/220-8075
joanna_mcmillan@hyperion.com
or
Hyperion Solutions
Alan Mangelsdorf, 203/703-3137
alan_mangelsdorf@hyperion.com
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