OutlookSoft Considers Hyperion Lawsuit Without Merit

OutlookSoft Corporation, a leading provider of business performance management (BPM) solutions, today provided comment on a press release issued by Hyperion Solutions announcing that it had filed a lawsuit against OutlookSoft in the U.S. District Court for the Eastern District of Texas on December 10, 2004. According to the press release, the lawsuit alleges that OutlookSoft infringes on two Hyperion patents.

"We believe this lawsuit is without merit and we plan to conduct a vigorous defense," stated Michael Morini, president, OutlookSoft Corporation, North America. "OutlookSoft continues to beat Hyperion in the marketplace and this legal action is an attempt to slow our continued sales momentum. It is a testament to our success that Hyperion has chosen to compete with us in the courtroom rather than in the BPM marketplace. We remain committed to delivering patented, innovative products and world-class support to assure our customers' continued success."

"These technology patents have no relevance to the architecture of the OutlookSoft Everest platform," said Christian Gheorghe, chief technology officer, OutlookSoft Corporation. "Our Everest solution is winning in the marketplace because our fourth generation, patented technology helps customers build open BPM applications to solve their business needs."

Special Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" relating to, without limitation, future economic performance, plans and objectives of OutlookSoft Corporation for future operations and projections of revenue and other financial items that are based on the beliefs of, assumptions made by and information currently available to OutlookSoft Corporation. The words "expect," "estimate," "anticipate," "believe," "intend," "plan" and similar expressions and variations thereof are intended to identify forward-looking statements. The cautionary statements in this press release identify important factors with respect to such forward-looking statements, including certain risks and uncertainties, which could cause actual results to differ materially from those expressed in or implied by such forward-looking statements.

Waggener Edstrom for OutlookSoft Corporation
Erica Friedlander, 203-353-7021
ericaf@wagged.com
or
OutlookSoft Corporation
John Cingari, 203-964-3100
jcingari@outlooksoft.com