Hyperion Names Mark Cochran New General Counsel

    Business Editors/High-Tech Writers

    SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 10, 2005--Hyperion (Nasdaq:HYSL), the global leader in Business Performance Management software, today announced that Mark Cochran has been appointed as Vice President, General Counsel and Corporate Secretary for the company. Cochran brings nearly two decades of technology industry experience to this post. He replaces former general counsel, Russ Wayman, who retired in September 2004.
    "Mark brings a unique combination of business acumen and legal expertise to Hyperion," said Godfrey Sullivan, president and chief executive officer for Hyperion. "The range of his experience, including mergers and acquisitions, corporate governance, Sarbanes-Oxley compliance and intellectual property protection, adds strength to our management team and better positions Hyperion for continued growth."
    Cochran reports to Sullivan and becomes a member of Hyperion's management committee.
    Cochran joins Hyperion from Brocade Communications Systems, Inc., a storage networking leader, where he worked as vice president, general counsel and corporate secretary. At Brocade, he was responsible for all legal matters affecting the company including private and public company acquisitions, governance improvement programs which increased investor approval ratings, as well as all patent, trade secret and merger agreement disputes.
    Prior to joining Brocade Communications, Cochran served as vice president, general counsel to AvantGo Inc. (acquired by Sybase). At AvantGo, he also was responsible for all legal matters including the negotiation of multiple acquisitions and managing the SEC function. From 1990 to 1999, he served as senior corporate counsel for Advanced Micro Devices and corporate counsel to Syntex (acquired by Roche). He began practicing law with the Bay Area firm of Ropers, Majeski, Kohn, Bentley, Wagner & Kane.
    Cochran graduated from University California Davis with a Bachelor of Science. He received his Juris Doctor degree from Santa Clara University Law School in 1987 and a Masters of Business Administration from Santa Clara University Graduate School of Business in 1987.

    About Hyperion

    Hyperion is the global leader in Business Performance Management software. More than 9,000 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 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).

    "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.

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CONTACT: Hyperion Ian Yellin, 408-588-8462 ian_yellin@hyperion.com

KEYWORD: CALIFORNIA INDUSTRY KEYWORD: SOFTWARE MANAGEMENT CHANGES SOURCE: Hyperion

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