Hi Nigel,
If the hyperlink is to a .LNK shortcut file that leads to the template it will work. The steps in this article should help for Word
versions 97 or higher:
http://support.microsoft.com/default.aspx?scid=kb;en-us;278627&FR=1
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I want to create a Hyperlink to open a new word document
based on a Word Template.
I can do this from a Command prompt but I have not been
able to do this from a hyperlink.
Can anyone offer any suggestions. >>

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I hope this helps you,
Bob Buckland ?:-)
MS Office System Products MVP
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