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A module with both pre-built functionality and flexible customization tools, CapitalExpense Planning extends the capabilities of Hyperion System 9 Planning software.Capital Expense Planning enables both financial and operational planners tocollaboratively manage capital assets and related expenses. As a result, plannerscan instantly assess the impact a specific capital expense might have on generalexpense plans and financial statements  and take immediate action when necessary.The new module is built on HyperionÂ's integrated business planning framework, whichhelps to ensure accurate forecasts and enhances predictability.
Capital Expense Planning represents a dramatic improvement over simplified templatesolutions for forecasting, budgeting or planning because it delivers pre-builtfunctionality that encompasses best practices, lowers implementation time andexpense, and enables organizations to customize their capital asset expense planningapplication to meet unique business requirements.
 Hyperion System 9 Release 9.3 really comes through for finance teams charged withmanaging capital assets from planning all the way to retirement or sale, said ThaiNguyen, financial systems manager at Ask.com.  The new Capital Expense Planningmodule empowers managers to see an asset from nearly every helpful angle. Powerfultools like this have a bottom-line impact on organizations trying to rein in costsand maximize their asset use.Â
 Although accurate and predictable forecasts are vital for any organization, manyfinance groups still rely on manual spreadsheets or customized applications tofacilitate the planning process, with only limited involvement from the costcenters, said Hisham Malak, Channel and Marketing Manager at HSME, Hyperion'sMiddle East Distributor.  Capital Expense Planning is the first packaged applicationto fully automate the capital expense planning process and to create a collaborativeenvironment in which finance and business operations work together to improve planaccuracy, predictability and accountability. By eliminating manual, time-consuming,redundant and error-prone spreadsheets, enterprises can trim planning cycle time,leaving more time to focus on analysis.Â
Capital Expense Planning provides financial and operational planners with anautomated framework within which they can jointly plan for capital assets andrelated expenses. Planners can maintain granular control over capital expenses withpre-built functionality that enables them to:  Set global assumptions, such as useful life, depreciation and amortizationmethods, and cash flow and funding incidences; Calculate depreciation and amortization; Plan for the addition of new tangible and intangible assets; Modify existing capital assets with improvements, impairments, and retirements; Transfer capital assets from one cost center to another using multiple methods; Plan for capital-asset-related expenses, such as costs of maintenance, repair, andinsurance; and  Visualize the impact of capital asset expenses on the income statement, balancesheet and cash flow statement in real time.
Because the new module is part of HyperionÂ's integrated business planning framework,all data entered via Capital Expense Planning is automatically integrated within anorganizationÂ's main plan generated in Planning, so any change made in the module isinstantly reflected in the general expense plan. This shared, real-time accessallows planners to efficiently review the effect capital expense plan modificationscan have on the income statement, balance sheet, cash flow statement and generalexpenses.
The new module also includes customization tools and capabilities so planners canmodify  or even completely redefine  any of the pre-built functionality, such ascalculations, accounts and menus based on their unique business requirements.
The Capital Expense Planning module also features dependable, built-in securityprotection for data, calculations and global settings. Flexible settings can enableone planner to view data for a single cost center only, whereas another planner maybe able to view, add, delete, retire or transfer capital assets across the entireorganization.
Hyperion System 9 Capital Expense Planning is planned for release in the nextcalendar quarter. The timing of any product release, including any features orfunctionality, is subject to change at HyperionÂ's discretion.
For further information on the product, please visit Hyperion at Gitex Dubai 2006 atStand: H9-1 in Sheikh Rashid Hall.
About HyperionHyperion Solutions Corporation (Nasdaq Global Select: HYSL) is the global leader inBusiness Performance Management software. More than 12,000 customers in 90 countriesrely on Hyperion both for insight into current business performance and to driveperformance improvement. With Hyperion software, businesses collect, analyze andshare data across the organization, linking strategies to plans and monitoringexecution against goals. Hyperion integrates financial management applications witha business intelligence platform into a single management system for the globalenterprise. For more information, visit www.hyperion.com.
Safe Harbor Statement Statements in this press release other than statements of historical fact areforward-looking statements, including, but not limited to, statements concerning thepotential success of anticipated product features, the anticipated product offeringsand the potential market opportunities for business performance management software.Such statements constitute anticipated outcomes and do not assure results. Actualresults may differ materially from those anticipated by the forward-lookingstatements due to a variety of factors, including, but not limited to the company'sability to retain and attract key employees, the successful and timely developmentof new products, the impact of competitive products and pricing, customer demand,and technological shifts. For a more detailed discussion of factors that couldaffect the company's performance and cause actual results to differ materially fromthose anticipated in the forward-looking statements, interested parties shouldreview the company's filings with the Securities and Exchange Commission, includingthe Report on Form 10-K filed on September 1, 2006. The company does not undertakean obligation to update its forward-looking statements to reflect future events orcircumstances.
 Hyperion and HyperionÂ's product names are trademarks of Hyperion. References toother companies and their products use trademarks owned by the respective companiesand are for reference purpose only.
