Business & Money Trail:

WAL-MART CHOOSES HYPERION

Hyperion, a global leader in business intelligence software, announced that Wal-Mart Stores Inc will utilize the industry-leading Hyperion Essbase OLAP (online analytical processing) technology to build an advanced merchandise planning and reporting system.

"Wal-Mart, which is experiencing dramatic global growth, is developing a system that provides merchandisers and suppliers around the world with highly accurate financial and merchandise planning projections," said Hyperion Chairman and CEO, Jeff Rodek. "Hyperion's sophisticated Essbase technology will help Wal-Mart create a scalable system that will deliver budgeting, forecasting and planning tools to international operations. The tools will assist associates in creating and accessing forecasting analysis at the 'speed of thought.'"

Technology has always been a key driver in Wal-Mart's strategy for reducing its cost of operations and achieving greater performance.

"We look forward to working with Wal-Mart to implement the new planning system as an effort to achieve its global expansion objectives," said Rodek.

About Hyperion

Hyperion is a global leader in business intelligence software. Hyperion helps managers succeed by helping their companies achieve greater performance and profitability. Business leaders use Hyperion products and services to plan, manage and execute on strategies by analyzing information on e-business initiatives, supply chain execution, customers, operations and finance. The company's market-leading Hyperion Essbase technology, packaged business analysis applications and tools are used by more than 6,000 organizations worldwide, including 86 of the Fortune 100, 64 of the Nikkei Top 100 in Japan and more than 40 of the Financial Times European Top 100. In addition, more than 400 Hyperion alliance partners deliver technology, applications and services to increase the flexibility and choice for customers. Headquartered in Sunnyvale, California, the company has offices in 22 countries.

About Wal-Mart

With annual sales of $191 billion, Wal-Mart Stores Inc operates more than 2,600 discount stores, Supercenters and Neighborhood Markets, and more than 480 SAM'S CLUBS in the United States. Wal-Mart employs more than 962,000 associates in the United States and 282,000 in other countries. Last year Wal-Mart associates raised and contributed more than $190 million to support communities and local non-profit organizations.

Contact Eric Cetnarski of Hyperion, 408-220-8477, eric_cetnarski@hyperion.com.