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XBRL Addresses Major Business Issues Like Accountability, Insight and Profitable Growth

Hyperion (Nasdaq: HYSL) CFO David Odell foresees that an important emerging technology standard will expedite business problem-solving throughout the enterprise. The technology, called XBRL (Extensible Business Reporting Language), is designed to increase transparency and make communicating financial and business information more efficient and less costly. When used in conjunction with Business Performance Management software, XBRL will help CFOs in their efforts to keep employees focused on current corporate goals, to continually update business plans and to drive accountability.

http://www.hyperion.com/news_events/news_releases/press_release_2003_00163.cfm