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Youth Empowerment Center News Hyperion to Empower Nonprofit Organizations Through Software Donation Program; Program to Maximize Operational Potential Offered to Charities Through Gifts In Kind International SANTA CLARA, Calif. & ALEXANDRIA, Va.--(BUSINESS WIRE)--July 19, 2005--Hyperion (Nasdaq:HYSL), the global leader in Business Performance Management software, and Gifts In Kind International, the world's leading charity in product philanthropy, today announced a new global software donation program to help nonprofit organizations. With this new donation program, charities will have the opportunity to use Hyperion Business Performance Management solutions to improve transparency and visibility into finance and operations, and make informed decisions that can improve performance. Like commercial enterprises, nonprofits face a growing demand for transparency into their operations, along with financial consolidation, budgeting, planning and reporting solutions that meet stringent requirements. The Hyperion donation program will provide the nonprofit community with the same resources as commercial business to manage their operations and optimize performance. The software donation program will make Hyperion's industry-leading applications and Business Intelligence software available to nonprofits around the world. "Together with partners such as Hyperion, we can work to make a positive impact on the lives of people in need," said Barbara Florence, vice president of Donor Development, Gifts In Kind International. "Helping nonprofits cost-effectively improve their business and financial operations will give them more time to devote to their mission and to the people they serve in the areas of education, youth achievement, health and human services." Through the software donation program, Hyperion provides Business Performance Management solutions, including a leading Business Intelligence platform and tools, and applications for budgeting, planning and financial reporting. The software will enable nonprofits to identify problem areas, furnish more detailed reports to stakeholders and make better informed decisions about running their operations. "As a nonprofit that has benefited from Hyperion's generosity, we can speak to the value of the software donation program," said Christopher Crane, president and CEO of Opportunity International, a world leader in microenterprise development, which fights poverty in developing countries. "Hyperion's contribution to our microfinance network has improved our speed and efficiency, so we've been able to help thousands more poor entrepreneurs work their way out of poverty." "Software can and should be leveraged as a powerful resource to ultimately aid those in need," said Godfrey Sullivan, Hyperion president and CEO. "We are pleased to work with Gifts In Kind International to make that resource available to nonprofits that benefit from that same visibility that gives for-profit businesses the insight they need to make decisions that impact performance." Nonprofits with revenues of $5 million or less will receive Hyperion software at no cost. Organizations with higher revenues will receive significant discounts. For more information on Hyperion's Software Donation Program visit http://www.giftsinkind.org/resources/hyperion_software.asp. For details on the Gifts In Kind International, visit www.giftsinkind.org. About Hyperion 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. Named one of the FORTUNE 100 Best Companies to Work For in 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, www.hyperion.com/contactus or call 800-286-8000 (U.S. only). About Gifts In Kind International Gifts In Kind International is the world's leading charity in product philanthropy and the 3rd largest charity in the United States. Its network of 445 affiliates provides nonprofits access to millions of dollars annually in product and service donations, including nearly $820 million in 2004. Gifts In Kind International operates at less than 1 percent of the fair market value of products donated, making it one of the most cost-efficient charities in the world. |
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