Pearson PLC's Deployment of Hyperion Software Pays for Itself in Only 18 Months, Delivers Annual Savings of $1 Million

  
    
  
  
    
      A new study from Nucleus Research found that global media company 
      Pearson PLC has seen a fast and ongoing return on its investment in 
      financial management solutions from Hyperion (Nasdaq Global 
      Select:HYSL), the global leader in Business Performance Management (BPM) 
      software.
    
    
      In the ROI case study, released in December 2006, Nucleus found that 
      implementing Hyperion Financial Management software has enabled Pearson 
      to “accelerate its financial close process, 
      improve the productivity of its finance staff, and reduce costs related 
      to supporting its legacy system.” As a result, 
      the Nucleus Research study says, Hyperion Financial Management software 
      paid for itself in 1.5 years, or just 18 months. Nucleus also calculated 
      that Hyperion continues to deliver annual financial benefits of more 
      than $1 million – even after accounting for 
      costs associated with owning and maintaining the system1.
    
    
      “For enterprises investing in financial 
      consolidation solutions, achieving a rapid return on investment often 
      takes a back seat to more pressing priorities,” 
      said Mike Malwitz, director of product marketing at Hyperion. “Most 
      organizations are focused on gaining better control of financial 
      processes, improving their data analysis, and achieving faster closes. 
      But with Hyperion Financial Management software, Pearson PLC not only 
      realized all those benefits, but they continue to achieve enormous cost 
      savings and efficiencies as well. This Nucleus Research study shows that 
      Hyperion delivers value over and over.”
    
    
      “With Hyperion Financial Management software, 
      we have moved from a decentralized legacy environment to a 
      user-friendly, centralized system that has enabled a faster close, more 
      transparent access to information from over 60 countries, and a 
      standardized process for financial reporting which is compliant to all 
      the current regulatory requirements,” said 
      Noel Gorvett, group business systems manager for Pearson PLC, an 
      international media company with world-leading businesses in education 
      (Pearson Education), business information (The Financial Times) and 
      consumer publishing (Penguin). “With 
      Hyperion, our users can be confident that once they have submitted their 
      data, it is secure, it’s transparent, and it’s 
      not going to change without their approval.”
    
    
      After first implementing Hyperion Financial Management, the company 
      added Hyperion Planning software. Pearson also plans to migrate to 
      Hyperion System 9 in 2007 in an effort to automate not only the company’s 
      financial processes, but its operations as well.
    
    
      Available today as an application within the Hyperion System 9 BPM 
      platform, Hyperion Financial Management is a comprehensive, Web-based 
      financial systems software application that delivers global collection 
      reporting and analysis in a single, highly scalable financial management 
      software solution. Many Hyperion customers have implemented Hyperion 
      Financial Management software to gain control of their financial 
      information and help senior managers become more confident when 
      certifying their annual and quarterly financial results, including 
      disclosure controls and procedures. Although the solution utilizes today’s 
      most advanced technology, it is built to be owned and maintained by the 
      enterprise’s finance team.
    
    
      Additionally, Hyperion System 9 applications offer broad support for 
      XBRL (Extensible Business Reporting Language), a publishing standard for 
      financial data that will be required for reporting financial results to 
      regulatory bodies such as the SEC. By supporting XBRL, Hyperion provides 
      cost savings, greater efficiency, and improved accuracy and reliability 
      to all those involved in supplying or using financial data.
    
    
      About Hyperion
    
    
      Hyperion Solutions 
      Corporation (Nasdaq Global Select:HYSL) is the global leader in Business 
      Performance Management software. More than 12,000 customers in 90 
      countries rely on Hyperion both for insight into current business 
      performance and to drive performance improvement. With Hyperion 
      software, businesses collect, analyze and share data across the 
      organization, linking strategies to plans and monitoring execution 
      against goals. Hyperion integrates financial 
      management applications with a business 
      intelligence platform into a single management 
      system for the global enterprise. For more information, contact 
      us http://www.hyperion.com/company/contact/salesrep.cfm?CMP=PR_US.
    
    
      “Hyperion” 
      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.
    
    
      Safe Harbor Statement
    
    
      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 1, 2006 and the Report on Form 10-Q filed 
      on February 8, 2007. The company does not undertake an obligation to 
      update its forward-looking statements to reflect future events or 
      circumstances.
    
    
      1 Annual savings calculated in “ROI 
      Case Study: Hyperion/Pearson,” December 2006, 
      Nucleus Research Inc. Report estimates direct and indirect benefits of 
      Hyperion Financial Management software to total $1,705,200 annually over 
      a three-year period. After subtracting annual software and hardware 
      depreciation of $138,516 and annual expensed costs of $473,266, Pearson 
      realized a net benefit of $1,093,418 annually over three years.