McCord Travel Drives Tighter Customer Relationships Using Hyperion's Business Analysis Software.

Business Editors/High Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--June 12, 2000

Plans Include Company-Wide Rollout of Hyperion Performance

Scorecard Application to 1,200 Employees

Hyperion (Nasdaq:HYSL), a leader in business analysis software, today announced that McCord Travel Management, an $800 million U.S. travel management firm, is planning a major company-wide expansion of its Hyperion business analysis software implementation.

As part of a continued effort to develop tighter and more profitable customer relationships and optimize the company's performance, McCord is planning an enterprise-scale rollout of Hyperion Performance Scorecard, a packaged business analysis application used to communicate organizational strategy and accountability, while tracking progress towards business objectives. Hyperion Performance Scorecard will eventually deliver operations analysis capabilities to all 1,200 McCord employee desktops nationwide.

"The performance measurement system is a key element of McCord's implementation of the Balanced Scorecard. This management model is used by many Fortune 500 companies to effectively link strategy to actions, create organizational alignment and drive breakthrough performance," said Michael Collins, executive director of operations for McCord, who has been spearheading the company's Balanced Scorecard efforts. "This software will enable McCord to carefully monitor performance and quickly make strategic adjustments."

The rollout of Hyperion Performance Scorecard will expand the company's use of Hyperion products, which includes Hyperion Pillar, the market-leading packaged analytic application for budgeting, planning and forecasting, and Hyperion Enterprise, the leading financial consolidation, reporting and analysis solution.

McCord specializes in corporate business travel management; international travel planning; entertainment and production travel; group and travel services; vacation travel and individual travel. Hyperion's business analysis products are helping McCord prosper in an industry facing increasing competition, as agency commissions from airlines and other travel services come under pressure. McCord views Hyperion Pillar, Hyperion Enterprise and Hyperion Performance Scorecard as key elements in its strategy to generate revenue and increase profits, while increasing the return on technology investments in call centers, Web-based ticketing and reservations systems, and financial systems.

McCord has increased its competitive advantage by expanding dramatically over the past five years through major acquisitions. Hyperion products have played a key role in McCord's smooth transition to a larger company, by providing employees with a highly optimized means for financial and operational budgeting, planning and forecasting.

"McCord's acquisitions complicated our budgeting process, and we recognized Hyperion was the ideal partner to help us overcome that challenge," said Edward J. Berkman, senior vice president of McCord's business travel unit. "Without Hyperion, budgeting took months. Now, using Hyperion Pillar we've dramatically shortened the process."

Furthermore, Hyperion Enterprise provides streamlined access to consolidated data from all of McCord's legacy and operational systems, producing reports both management and customers can understand and utilize. Looking ahead, Hyperion Performance Scorecard will play a critical role in empowering every McCord employee with the insights they need to help drive the company's overall success and profitability.

About McCord Travel Management

McCord Travel Management (www.mccord.com), ranks in the top tier of travel management firms worldwide with 1999 total annual sales of more than $800 million. The organization has more than 1,200 travel professionals at 95 locations throughout the country, providing a complete range of corporate, group and vacation travel services.

About Hyperion

Hyperion (Nasdaq:HYSL) is a leader in business analysis software. Hyperion helps business leaders plan, manage and execute on strategies by analyzing information on e-business initiatives, supply chain execution, customers, operations and finance. The company's market-leading OLAP (online analytical processing) technology, packaged business analysis applications and tools are used by 6,000 organizations worldwide, including more than 60 of the Fortune 100 and more than 40 of the Financial Times European Top 100. In addition, 350 Hyperion alliance partners deliver technology, applications and services to increase the flexibility and choice for customers. Headquartered in Sunnyvale, the company has offices in 26 countries. More information is available at http://www.hyperion.com, [e-mail], or 800/286-8000.

Note to Editors: Hyperion, Essbase, Hyperion Pillar, Pillar and Hyperion Enterprise are registered trademarks and Hyperion Solutions and Hyperion Performance Scorecard are trademarks of Hyperion Solutions Corp. All other trademarks and company names mentioned are the property of their respective owners.