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Howard Dresner Joins Hyperion as Chief Strategy Officer

  • 05 October, 2005 17:19

<p>Hyperion (NASDAQ: HYSL), the global leader in Business Performance Management (BPM) software, today announced that Howard Dresner is joining the company as Chief Strategy Officer. Dresner, a pre-eminent authority on business intelligence, joins Hyperion from Gartner, where he was Vice President and Research Fellow.</p>
<p>“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.”</p>
<p>“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.</p>
<p>“I’ve observed Hyperion for some time and have been impressed with its management team and organisation. 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 energised by the opportunity in front of us,” Dresner said.</p>
<p>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.</p>
<p>Dresner joined Gartner in 1992. One of only 13 Gartner Fellows, he is often credited with coining the term ‘business intelligence,’ and is recognised 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.</p>
<p>Prior to joining Gartner, Dresner held a variety of technical, marketing and management roles at Digital Equipment Corporation and other end-user and vendor organisations. During his 24-plus years in the computer industry, he spent nearly 10 years in the financial services and import/export industries.</p>
<p>Dresner will report to Sullivan as a member of Hyperion’s executive management team.</p>
<p>About Hyperion</p>
<p>Hyperion Solutions Corporation is the global leader in Business Performance Management software. More than 10,000 customers – including 91 of the Fortune 100 – rely on Hyperion software to translate strategies into plans, monitor execution and provide insight to improve financial and operational performance. Hyperion combines the most complete set of interoperable applications with the leading Business Intelligence platform to support and create Business Performance Management solutions. A network of more than 600 partners provides the company’s innovative and specialized solutions and services.</p>
<p>Named one of the FORTUNE 100 Best Companies to Work For 2004, Hyperion employs approximately 2,500 people in 20 countries. Distributors represent Hyperion in an additional 25 countries. Headquartered in Santa Clara, California, Hyperion generated annual revenues of $622 million for the 12 months that ended June 30, 2004. Hyperion is traded under the Nasdaq symbol HYSL. For more information, please visit www.hyperion.com.</p>
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<p>Safe Harbor Statement</p>
<p>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 September 13, 2004 and the report on Form 10-Q filed on February 9, 2005. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.</p>
<p>“Hyperion,” the Hyperion “H” logo 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.</p>
<p>Media Contact
John Back
Kinetics
(02)9976-6611
john@kinetics.com.au</p>

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