In this paper we consider hyperalgebras and hyper-coalgebras of type Ą , as an analogue of algebras of type Ą and coalgebras of type Ą (see [10]). Hyperalgebras and hyper-coalgebras are special cases of (F1, F2)-systems. Therefore many of the results in this paper will be instances of (F1, F2)-system results (see [8]). Nevertheless it is interesting and instructive to consider directly the theory of hyperalgebras and hyper-coalgebras of type Ą . The aim of this paper is to create a unified theory of hyperalgebras and hyper-coalgebras which is based on (F1, F2)-systems.