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Hyperion Names Terry Carlitz to Board of Directors
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PRNewswire
(03/03/2003 1:15 PM EST)
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Hyperion Names Terry Carlitz to Board of Directors
Carlitz Brings Leadership Experience in Finance, Operations to Hyperion Board
SUNNYVALE, Calif., March 3 /PRNewswire-FirstCall/ --
Hyperion (Nasdaq: HYSL) has added Terry Carlitz to its board of directors. Ms.
Carlitz brings more than 20 years of financial and operational leadership
experience to Hyperion's board, including service with Saba Software, SPL
WorldGroup, Infinity Financial Technology and Apple Computer. The appointment
became effective February 27, 2003.
"Terry Carlitz is an outstanding executive and business leader. Her
perspective will prove invaluable to our board," said Jeff Rodek, chairman and
CEO of Hyperion. "In her career as a chief financial officer, Terry developed
a keen insight into the drivers of financial performance and accountability.
That insight, and her experience as a CFO who relied on Business Performance
Management software, will help Hyperion grow and prosper in the years to
come."
"I first learned about Hyperion as a user of its software beginning more
than 10 years ago," said Carlitz. "As I came to know the company and
management, I realized Hyperion has an extraordinary opportunity to establish
Business Performance Management as today's most relevant enterprise software
category. "
Carlitz is Hyperion's fifth outside director.
In a separate announcement, Hyperion said today that Ken Goldman, chief
financial officer of Siebel, has resigned as a member of the Hyperion board of
directors.
About Hyperion
Hyperion is the global leader in Business Performance Management software
that enables companies to translate strategies into plans, monitor execution
and provide insight to improve financial and operational performance. More
than 6,000 customers use Hyperion's flagship business performance management
suite of packaged and tailored applications and its leading business
intelligence platform worldwide. Hyperion has a network of more than 330
partners to provide innovative and specialized Business Performance Management
solutions and services.
Headquartered in Sunnyvale, California, Hyperion generated annual revenues
of $492 million in fiscal 2002. The company employs more than 2,200 people in
20 countries and is represented in 16 additional countries through distributor
relationships. 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).
NOTE: Hyperion and Essbase are registered trademarks and Hyperion
Solutions is a trademark of Hyperion Solutions Corporation. All other
trademarks and company names mentioned are the property of their respective
owners.
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