Sunnyvale, Calif. (May 23, 2003) -- Citing growing market demand for improved reporting of financial data, international business performance management software developer Hyperion announced plans to add XBRL capabilities in some upcoming products.
The Sunnyvale, Calif.-based company said its development plans are driven by XBRL's potential to satisfy the market's demand for more current financial information and concerns about being in compliance with new federal reporting standards -- both byproducts of the accounting scandals in recent years. "Compliance is the watchword for our customers," said chief technical officer John Kopcke.
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