ATG SELECTS HYPERION TO DELIVER SOPHISTICATED ANALYTICS
Advanced Business Performance Management Capabilities Offered to Help
Customers Maximize Value of ATG6 Commerce, Portals, and Relationship
Management
CAMBRIDGE, Mass., - August 12, 2002 - ATG (Art Technology Group, Inc.,
Nasdaq: ARTG), a leading developer of online CRM solutions for commerce,
portals, and relationship management, today announced a strategic alliance
with Hyperion (Nasdaq: HYSL), the business performance management software
leader. A key component of ATG6 (unveiled today in a separate release),
Hyperion`s solutions will offer business performance management capabilities
for the new ATG Analytics Module.
Utilizing Hyperion`s Essbase XTD, the company`s open, integrating platform
for business performance management, ATG Analytics will tightly integrate
with the ATG Relationship Management Platform and the ATG Commerce and ATG
Portal solutions. ATG Analytics will allow for the aggregation,
investigation, and visualization of data to help business users identify
trends and customer behavior patterns. Ultimately, this can provide
businesses with the insight needed to measure performance, anticipate
results, and drive profitability of their ATG online CRM initiatives.
"One of the greatest challenges for businesses today is maximizing the value
of existing technology in a timely and cost-efficient manner," said Walter
Janowski, research director, Gartner, Inc. "Providing an integrated business
performance management module will offer an effective means to quantify and
improve the results of both commerce and portal solutions across the
enterprise."
More specifically, ATG Analytics will be offered to help customers set
performance goals, monitor and report key results, analyze underlying
business drivers, and anticipate future performance of ATG solutions.
"If you are not able to measure something, it can not be understood and
improved upon," insists Ken Volpe, vice president of product planning and
strategy for ATG. "The ability to analyze performance data will enable ATG
customers to set goals, measure them, and modify e-business plans
accordingly. This is another way ATG will help customers maximize the value
of their ATG Commerce and ATG Portal initiatives."
"Through this partnership, ATG and Hyperion will make it easier for
companies to extend the value of business performance management across the
enterprise," said John Kopcke, chief technology officer at Hyperion. "ATG
Analytics should give businesses the capabilities to improve operational
efficiencies, anticipate results, and improve the bottom line."
About Hyperion
Hyperion, the global leader in business performance management software,
creates solutions that help companies measure performance and drive
profitability. Hyperion`s Business Performance Management Suite of packaged
applications and its open, integrating business intelligence platform,
Hyperion Essbase XTD, enable companies to set goals, model and plan
performance, monitor and report key results, analyze underlying business
drivers and anticipate future performance of core business activities.
Hyperion products are used by more than 6,000 customers around the world to
enable financial, organizational, customer relationship, supply chain and
channel performance management. Hyperion has a network of more than 400
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 or call 800 286 8000.
About ATG
ATG (Art Technology Group, Inc.) is a leading developer of online CRM
applications that deliver an integrated, personalized experience for
customers, partners and employees: the frontline of every business.
Customers around the globe rely on ATG for the frontline applications that
help build and manage mutually beneficial relationships. Deployed on the
industry`s most popular application servers, ATG solutions for commerce,
portals, and relationship management are ideal for integrated e-business
initiatives across the enterprise.
Today, ATG has delivered solutions to blue-chip companies worldwide,
including Aetna Services, Inc., Alcatel, American Airlines, AT&T, Barclays
Global Investors, Best Buy, BMG Direct, Eastman Kodak, Ford Motor Credit,
HSBC, J. Crew, Sun Microsystems, Walgreen Company, and WellsFargo and
government organizations including the United States Army and the USDA. The
company is headquartered in Cambridge, Massachusetts, with additional
locations throughout North America, Europe, and Asia. For more information
about ATG, please visit our Web site at www.atg.com .
# # #
* 2002 ATG and Art Technology Group are registered trademarks of Art
Technology Group, Inc. Scenario Personalization and Data Anywhere
Architecture are trademarks of ATG. All other product names, service marks,
and trademarks mentioned herein are trademarks of their respective owners.
This press release contains forward-looking statements for purposes of the
safe harbor provisions under The Private Securities Litigation Reform Act of
1995. These statements involve known and unknown risks and uncertainties
that may cause ATG`s actual results, levels of activity, performance or
achievements to be materially different from any future results, levels of
activity, performance or achievements expressed or implied by such
forward-looking statements. Important risk factors affecting ATG`s business
generally may be found in its periodic reports and registration statements
filed with the Securities and Exchange Commission. Risk factors related to
the subject matter of this press release include the possibility that the
Hyperion and ATG products will not be integrated; that the products will not
work together successfully; that customers will not be able to use the
functionality; that the ATG and Hyperion product deployment will not
significantly enhance the user`s Internet experience or be able to
accommodate increased user volume; that these features will not be supported
in the future; and the costs and risks associated with intellectual property
claims by third parties. ATG undertakes no obligation to update any of the
forward-looking statements after the date of this press release.
Hyperion and Essbase are registered trademarks of Hyperion Solutions
Corporation. All other trademarks and company names mentioned are the
property of their respective owners.
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