Hyperion
NASDAQ : HYSL

October 03, 2005 03:59 ET

Howard Dresner Joins Hyperion as Chief Strategy Officer

SANTA CLARA, Calif.--(CCNMatthews - Oct 3, 2005) -

Hyperion (Nasdaq:HYSL), the leading provider of Business Performance Management software, today announced that Howard Dresner is joining the company as Chief Strategy Officer. Dresner, a preeminent authority on business intelligence, joins Hyperion from Gartner, where he was Vice President and Research Fellow.

"Howard has shaped an entire industry's understanding of business intelligence and performance management," said Godfrey Sullivan, president and CEO for Hyperion. "As a result he has become a trusted advisor to many global companies. We are excited about his contribution to the management team, about the power of his voice as an evangelist for Hyperion, and especially about making his expertise and insights available to our customers."

"I'm well acquainted with the strengths and weaknesses of every company in the field," said Dresner. "Hyperion has all the necessary ingredients to be the definitive leader in every market segment in which it plays.

"I've observed Hyperion for some time and have been impressed with its management team and organization. It acts with integrity and respect when developing products, competing in the marketplace and when dealing with customers, employees and shareholders. I'm excited to be a part of the company and energized by the opportunity in front of us," Dresner said.

Dresner will guide the development and evolution of Hyperion's business strategy. He will also serve as an advocate and spokesperson on BI and performance management topics, and will work with customers to help them implement best practices for achieving performance visibility.

Dresner joined Gartner in 1992. One of only 13 Gartner Fellows, he is often credited with coining the term "business intelligence," and is recognized for making the field a mainstream and highly valued research area within Gartner. At Gartner, Dresner chartered and chaired its internal Business Intelligence Research Community, which boasted broad participation across three continents. Dresner was also responsible for forming communities for Business Activity Monitoring (BAM) and Analytics. He also conceived and chaired Gartner's renowned and industry-defining Business Intelligence Conference, held in Chicago each year.

Prior to joining Gartner, Dresner held a variety of technical, marketing and management roles at Digital Equipment Corporation and other end-user and vendor organizations. During his 24-plus years in the computer industry, he spent nearly 10 years in the financial services and import/export industries.

Dresner will report to Sullivan as a member of Hyperion's executive management team.

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 flexible 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 www.hyperion.com.

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