MetaMatrix Inc.

Hyperion and MetaMatrix Sign Strategic UK Partnership Deal

    London, November 16 (ots/PRNewswire) -

    - combination of BPM and EII will deliver even greater results than previously possible

    Hyperion (Nasdaq: HYSL), the global leader in Business Performance Management (BPM) software, and MetaMatrix, the leading provider of Enterprise Metadata Management and Enterprise Information Integration (EII) solutions, have signed a UK partnership deal which will see the two companies provide hugely powerful solutions to improve the integration and leverage of enterprise information.

    Commenting on the partnership, Mike Shelton, Managing Director for Hyperion UK and Ireland says: "Our customers are embracing an approach to Business Performance Management that builds on the power of an integrated platform to drive packaged and tailored analytic applications. The combination of Hyperion and MetaMatrix is thus a very natural fit. Our mutual technology, skills and resources offer a very powerful solution to enterprise information management needs. We will be focusing on supporting joint prospects and customers in the UK and Ireland initially. The two companies also have a mutual strength in the financial services market. Over time, we hope to expand this partnership to cover EMEA and other territories worldwide."

    According to Hamish Morjaria, Vice President Sales (Europe) at MetaMatrix: "Hyperion is the ideal strategic partner for MetaMatrix. Our customers and prospects within the Times 1000 and Fortune 500 have big issues with the complexity and multiplicity of data sources. Many organizations are attempting to address this by putting all data in one place; with EII, we provide total flexibility, utilizing data warehouses and original data sources -- and provide our customers with an enterprise view of their business information ready for analysis. Hyperion's Business Performance Management software will leverage MetaMatrix software to provide customers with a single version of the truth. We have already seen what a powerful solution this combination of Business Performance Management software with MetaMatrix's Enterprise Information Integration technology can deliver. Our partnership will enable companies to prioritise, plan, align and execute their Business Performance Management initiatives to gain even greater results than previously possible."

    About MetaMatrix, Inc.

    MetaMatrix is a leading provider of Enterprise Information Integration and Enterprise Metadata Management solutions. As one of the few technology companies focused on EII technology, MetaMatrix has a proven track record of large-scale deployments for Global 1000 companies, and Governments agencies. The MetaMatrix technology is embedded by some of the worlds largest software companies. The MetaMatrix solution, built with a standards-based approach, acts as a virtual database to unify and deliver information on demand, across the entire enterprise. Headquartered in New York City, MetaMatrix is privately held. For more information please visit http://www.metamatrix.com, email hmorjaria@metamatrix.com or call +1-207-404-5991

    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 Sunnyvale, California, Hyperion generated annual revenues of US$622 million for the 12 months that ended June 30, 2004. Hyperion is traded under the Nasdaq symbol HYSL. For more information, please visit http://www.hyperion.com/uk, e-mail enquiryuk@hyperion.com or call +44-0-17-84-22-80-15

    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 August 13, 2003 and the Report on Form 10-Q filed on May 10, 2004. The company does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.

    "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.

      Web site: http://www.metamatrix.com
                      http://www.hyperion.com/uk

ots Originaltext: MetaMatrix, Inc.
Im Internet recherchierbar: http://www.newsaktuell.ch

Contact:
Hamish Morjaria, Vice President Sales - Europe of MetaMatrix  Ltd,
+44-20-7404-5991, or hmorjaria@metamatrix.com; or Andrew Smith of
Object Marketing, +44-20-8762 9292, or andrews@objectmarketing.com,
for Hyperion



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