Lawson Extends Hyperion Partnership with Enterprise 5

Lawson Software announced it has expanded its strategic partnership with Hyperion to include the integration of Hyperion Enterprise 5 with Lawson's ebusiness financials solutions. Lawson will integrate and resell Hyperion Enterprise 5, a leading packaged business analysis application for advanced financial consolidation, reporting and analysis, as part of Lawson's Enterprise Consolidations solution. Under the existing relationship between Lawson and Hyperion, Lawson resells Hyperion Essbase OLAP Server as part of Lawson's Analytic Suite and Hyperion Pillar as part of Lawson's Enterprise Budgeting solution.

The Lawson financials suite helps companies streamline, integrate and automate processes for performance improvement. Lawson's e-business financials solutions leverage advanced technologies including project and activity accounting, enterprise workflow, Web self service and tight integration with Lawson's analytics solutions to enable end-to-end e-business processes. Lawson's world-class financials products include multinational support, online validation for real-time processing, audit controls and user-defined selection criteria and attributes.

"The addition of Hyperion Enterprise to the Lawson financials suite offers joint customers the scalability and Web-deployable functionality necessary to handle large and complex financial and analytical requirements," said Steve Fioretti, senior vice president of Marketing, Hyperion. "With its superior end-user reporting and analysis tools, unparalleled ease of use, and rapid implementation, Hyperion Enterprise meets the complex financial consolidation and reporting requirements of today's global companies."

In use by more than 3,000 organizations worldwide, Hyperion Enterprise simplifies the global collection, consolidation and reporting of financial results from various systems across the enterprise. It shortens reporting cycles and enhances financial analysis and planning capabilities while providing a common view across multiple data sources. Hyperion Enterprise supports a wide array of deployment options ranging from distributed and desktop-based, to centralized and Web-enabled.

"Hyperion and Lawson have had an extremely successful partnership for more than three years providing our customers with comprehensive analytic and budgeting solutions," said Eric Lopez, vice president, Global Financials and Analytic Solutions, Lawson Software. "Our tight integration provides best-ofbreed business efficiencies and analytic capabilities for high-growth to mature companies."

A worldwide analytic application software leader, Hyperion Solutions Corporation gives today's knowledge workers the "freedom to succeed" with software, services and partner offerings that help them understand and optimize their businesses. More than 6,000 organizations worldwide use Hyperion's analytic application software products, which include marketleading packaged analytic applications, and OLAP server technology and tools. Hyperion's customers include more than 60 of the Fortune 100 and more than 40 of the Financial Times European Top 100 companies. In addition, more than 350 leading data warehousing, OLAP tools, services, ERP, packaged application, and platform alliance partners extend the value of Hyperion's products and services to deliver maximum flexibility and choice to customers. Headquartered in Sunnyvale, California, the company has offices in 26 countries. Information on Hyperion's products and services is available at www.hyperion.com, info@hyperion.com or 1-800-286-8000.

Lawson Software is a $270 million provider of integrated e-business solutions powering enterprises and e- services. Lawson offers role-based SelfEvident Applications, transaction engines and solution extensions powering financials, human resources, procurement, distribution and analytics solutions. With 3,000 mid- to large-sized corporate customers, Lawson has distinguished itself competitively through a unique blend of feature-rich customer solutions, technology innovation and user-friendly support. IDC states that Lawson is "...primed for the next generation of enterpriseapplications utility." According to the Aberdeen Group, "Lawson's commitment to Internet application standards and the delivery of e-business-enabling enterprise applications...should propel it to the forefront of this market space."

Red Herring magazine lists Lawson among the world's top 50 private companies. Offering enterprise e-business solutions for UNIX, Windows 2000, Windows NT, and IBM AS/400 and S/390 platforms, Lawson has 30 offices and affiliates serving North and South America, Europe, Asia and Africa. The company is headquartered in St. Paul, Minn. and London. Additional information about Lawson Software is available on the company's Website, www.lawson.com, or by calling 800-477-1357 ext. 100.

Contact Lawson Software Terry Boevers, 651-767-4709 terry.boevers@lawson.com or Joanna McMillan Hyperion, 408-220-8075, joanna_mcmillan@hyperion.com.