Hyperion (Nasdaq Global Select: HYSL), the global leader in Business Performance Management (BPM) software, today announced it has signed a definitive agreement to acquire Decisioneering, a privately held decision analysis software and solutions company headquartered in Denver, Colorado. Hyperion will operate Decisioneering as a stand-alone Hyperion business unit. Business Performance Management today requires predictive analytic applications that enable businesses to make decisions that maximize success while mitigating risk and understanding uncertainty. Decisioneering�s award-winning software, Crystal Ball, is the industry-leading predictive analytics, simulation and modeling tool built for business users. Crystal Ball includes a full suite of Microsoft Excel-based predictive analytic applications that are easy to use and implement. This acquisition of Decisioneering will allow Hyperion to integrate risk management more deeply into its solutions that automate the business management cycle. �Most planning activities, be they financial or operational, require a healthy dose of prognostication; but today most rely on a seat-of-the-pants approach to prophesizing future performance, a.k.a. guesswork,� said John Hagerty, vice president and research fellow at AMR Research. �Hyperion is looking to close this gap between guesswork and statistical prediction by acquiring an experienced vendor: Decisioneering.� Risk and uncertainty exist in every business decision, from launching new initiatives to allocating scarce resources among projects. Decisioneering�s business-user-oriented technology enables companies to quantify risk and uncertainty across the enterprise to make good decisions and focus on business drivers that impact success and value. Crystal Ball leverages sophisticated modeling and simulation techniques, enabling companies to gain insight into the range of possible business planning outcomes, quantify the likelihood and impact of those outcomes, and make decisions that balance risk and reward. As a result, companies can make higher value decisions, achieve alignment across the enterprise driven by agreement on key business drivers, and realize accountability for risk and uncertainty in their plans. �Pairing Crystal Ball�s simulation capabilities with Hyperion�s modeling base will allow companies like ours to better quantify the risks associated with our business plans,� said Joe Mazumdar, project analysis manager at Newmont Mining Corp., a joint customer of Hyperion and Decisioneering. �In our fast moving and increasingly uncertain world, companies need to be able to account for risk in their decision making processes,� said Jon Temple, executive vice president of Hyperion�s Worldwide Field Organization. �Hyperion�s acquisition of Decisioneering will embed sophisticated modeling and simulation techniques in the Hyperion management cycle, helping users understand risk and enabling decisions that are not only most likely to succeed, but also highly beneficial.� �For 20 years, we�ve been providing Crystal Ball software to business managers and users who need easy access to powerful predictive analytic capabilities for decision making and planning,� said Jim Franklin, president and CEO of Decisioneering. �As part of Hyperion, we will not only be adding our predictive analytics capabilities to Hyperion�s suite of applications, but also helping extend the power of BPM beyond the CFO�s office.� Crystal Ball is recognized as the standard by its 4,600 customers and 140,000 business users who benefit from the application�s Monte Carlo simulation functionality, low cost of ownership, and fast time-to-value. Operations, finance and IT decision makers in 85 percent of Fortune 500 companies use Crystal Ball for capacity planning, new project evaluation, capital investment, Six Sigma, and other areas of operational analytics. Crystal Ball is also embedded in the curriculum of over 700 business schools and universities around the world. The acquisition is expected to close within the next month and is subject to customary closing conditions. Terms of the agreement were not disclosed. About Hyperion Hyperion Solutions Corporation (Nasdaq Global Select: HYSL) is the global leader in Business Performance Management software. More than 12,000 customers in 90 countries rely on Hyperion both for insight into current business performance and to drive performance improvement. With Hyperion software, businesses collect, analyze and share data across the organization, linking strategies to plans and monitoring execution against goals. Hyperion integrates financial management applications with a business intelligence platform into a single management system for the global enterprise. For more information, contact us at http://www.hyperion.com/company/contact/salesrep.cfm?CMP=PR_US. �Hyperion� and Hyperion�s product names are trademarks of Hyperion. References to other companies and their products use trademarks owned by the respective companies and are for reference purpose only. Safe Harbor Statement This press release contains forward-looking statements that involve risks and uncertainties concerning Hyperion�s proposed acquisition of Decisioneering, Inc., Hyperion�s expected financial performance (including without limitation as described in the quotations from management in this press release), as well as Hyperion�s strategic and operational plans. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, the possibility that the transaction will not close, that the closing may be delayed; the reaction of customers of Hyperion and Decisioneering, Inc. to the transaction; Hyperion�s ability to successfully integrate Decisioneering, Inc.�s operations and employees; the introduction of new products by competitors or the entry of new competitors into the markets for Hyperion�s and Decisioneering, Inc.�s products; and economic and political conditions in the U.S. and abroad. 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 (�SEC�), including the company's quarterly report on Form 10-Q filed on November 8, 2006 and annual report on Form 10-K filed on September 1, 2006 which are available at the SEC�s website at www.sec.gov. Neither Hyperion nor Decisioneering, Inc. undertake any obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release.
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