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REDWOOD SHORES, Calif.,
28-MAR-2007 09:45 PM
Oracle today announced that the
Hart-Scott-Rodino (HSR) review period for its tender offer for Hyperion
Solutions Corporation (Nasdaq: HYSL) has expired. Tender conditions
that remain outstanding include the expiration of regulatory waiting
periods in other jurisdictions, all of which are scheduled to expire by
April 12. Oracle's tender offer, which had been set to expire at 5:00
p.m., New York City time, on Friday April 6, has been extended until
5:00 p.m., New York City time, on Friday April 13, 2007 to conform to
the remaining regulatory waiting periods. As of 5:00 p.m., New York
City time, on March 28, 2007, approximately 285,000 shares had been
tendered in and not withdrawn from the offer.
About Oracle
Oracle (Nasdaq: ORCL) is the world's largest
enterprise software company. For more information about Oracle, visit
our Web site at http://www.oracle.com.
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Trademarks
Oracle is a registered trademark of Oracle
Corporation and/or its affiliates. Other names may be trademarks of
their respective owners.
Important Information
THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY
AND IS NOT AN OFFER TO BUY OR THE SOLICITATION OF AN OFFER TO SELL ANY
SECURITIES. THE SOLICITATION AND THE OFFER TO BUY SHARES OF HYPERION'S
COMMON STOCK WILL ONLY BE MADE PURSUANT TO THE OFFER TO PURCHASE AND
RELATED MATERIALS THAT ORACLE CORPORATION AND HOTROD ACQUISITION
CORPORATION FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MARCH
9, 2007, AS AMENDED FROM TIME TO TIME. HYPERION STOCKHOLDERS SHOULD
READ THESE DOCUMENTS CAREFULLY PRIOR TO MAKING ANY DECISIONS WITH
RESPECT TO THE OFFER BECAUSE THEY CONTAIN IMPORTANT INFORMATION,
INCLUDING THE TERMS AND CONDITIONS OF THE OFFER. HYPERION STOCKHOLDERS
MAY OBTAIN THE OFFER TO PURCHASE AND RELATED MATERIALS WITH RESPECT TO
THE OFFER FREE OF CHARGE AT THE SEC'S WEBSITE AT WWW.SEC.GOV, FROM THE
INFORMATION AGENT NAMED IN THE TENDER OFFER MATERIALS OR FROM ORACLE.
Cautionary Statement Regarding
Forward-Looking Statements
This document contains certain forward-looking
statements about Oracle and Hyperion. When used in this document, the
words "anticipates", "may", "can", "believes", "expects", "projects",
"intends", "likely", similar expressions and any other statements that
are not historical facts, in each case as they relate to Oracle and
Hyperion, the management of either such company or the transaction are
intended to identify those assertions as forward-looking statements. In
making any such statements, the person making them believes that its
expectations are based on reasonable assumptions. However, any such
statement may be influenced by factors that could cause actual outcomes
and results to be materially different from those projected or
anticipated. These forward-looking statements are subject to numerous
risks and uncertainties. There are various important factors that could
cause actual results to differ materially from those in any such
forward-looking statements, many of which are beyond the control of
Oracle and Hyperion, including: the impact of general economic
conditions in regions in which either such company currently does
business, industry conditions, including competition, fluctuations in
exchange rates and currency values, capital expenditure requirements,
legislative or regulatory requirements, changes in the tax laws,
interest rates and access to capital markets. The actual results or
performance by Oracle or Hyperion could differ materially from those
expressed in, or implied by, these forward-looking statements.
Accordingly, no assurances can be given that any of the events
anticipated by the forward-looking statements will transpire or occur,
or if any of them do so, what impact they will have on the results of
operations or financial condition of Oracle or Hyperion.
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