Tibco To Offer IT Infrastructure To Pirelli World's Leading Tire and Cable Company Selects e-Business Infrastructure From TIBCO Software TIBCO to Provide Pirelli With a Flexible Real-Time IT Infrastructure PALO ALTO, Calif., Sept. 27 /PRNewswire/ -- Advancing its leadership in the e-business space, TIBCO Software Inc. (Nasdaq: TIBX), announced today that Pirelli SPA, the world-leading provider of cables and tires, has selected TIBCO Software to create a flexible, scalable and reliable real-time information technology (IT) infrastructure, allowing Pirelli to improve traditional business processes and engage in business over the Internet. "The Internet gives us the opportunity to add value to our products and services, and dramatically changes the traditional way of doing business," said Arrigo Andreoni, Pirelli's CIO. "TIBCO will enable us to integrate our internal processes and tie our customers and partners into those processes over the Internet, thus increasing productivity and reducing costs." The TIBCO ActiveEnterprise(R) e-business product suite provides Pirelli with the necessary tools for enterprise-wide data integration and transformation as well as business process coordination and enterprise monitoring. The TIBCO ActivePortal(TM) products extends TIBCO's comprehensive integration infrastructure to include preparation and presentation of personalized content for Pirelli employees, customers and business partners. "The TIBCO ActivePortal products will enable us to consolidate in real-time all of our relevant business data into one customizable view, and make this information easily available to our employees, partners and customers," said Andreoni. "TIBCO's portal technology, combined with Interwoven's Teamsite, gives us an integrated solution for the management and presentation of up-to-date Pirelli corporate information." TIBCO ActiveExchange(TM) enables Pirelli to conduct secure, real-time commerce transactions with other enterprises and B2B intermediaries. "With the TIBCO ActiveExchange product line we will be able to efficiently automate our business processes in real-time with our distributors, customers and suppliers. This will have a clear positive impact on our bottom line," said Andreoni. "Pirelli is a leading innovator in the cable and tire industry," said Vivek Ranadive, chairman and CEO of TIBCO Software. "As a fast growing global company, Pirelli understands the importance of doing business in real-time. TIBCO is helping Pirelli create an e-business infrastructure that can support significant growth and enable Pirelli to stay ahead of the competition in the Internet economy." About TIBCO ActiveEnterprise, TIBCO ActivePortal and TIBCO ActiveExchange The core of TIBCO's real-time software infrastructure offering is the TIBCO ActiveEnterprise suite, designed for building a complete, end-to-end Internet and enterprise infrastructure that successfully scales to the most demanding business information networks. It provides a real-time e-business integration platform that encompasses data integration and transformation, business process coordination, messaging, enterprise portals and alerting, adapters for legacy, packaged and third-party applications, plus enterprise monitoring and management. TIBCO ActivePortal enables companies to develop and deploy Internet portals which can transmit corporate information, such as inventory and sales data and customer service information, in real-time to wireless devices. Conversely, wireless users can access corporate data available through a portal, and receive wireless alerts about such information as appointment changes, sales data or stock prices. TIBCO ActiveExchange is a set of products that offer a business-to-business (B2B) platform to rapidly enable enterprise hubs and e-marketplaces to connect suppliers, distributors and partners. Based on TIBCO's industry-leading ActiveEnterprise infrastructure software suite, products in the ActiveExchange family include TIB/BusinessConnect(TM), TIB/BusinessConnect for RosettaNet and TIB/BusinessPartner(TM). About Pirelli SPA Pirelli SPA is the holding company based in Milan (Italy) that owns and controls the Pirelli Group's operations worldwide. The Group is a global manufacturer of tires, communications and power cables and systems, and is increasingly focusing its R&D and manufacturing resources and competencies on leading edge technologies. Pirelli has affiliates in 21 countries and operates 87 factories with more than 40,000 employees and consolidated sales in 1999 of $6.5 billion. About TIBCO Software, Inc. TIBCO Software Inc. is a leading provider of real-time e-business infrastructure software. TIBCO's four product lines -- TIBCO ActiveEnterprise(R), TIBCO ActiveExchange(TM), TIBCO ActivePortal(TM) and TIBCO Extensibility(TM) -- enable businesses to integrate enterprise applications, interact with other businesses in B2B commerce, and efficiently deliver personalized information through enterprise portals. TIBCO's products enable the real-time distribution of information through patented technology called The Information Bus(R), or TIB(R). TIB technology was first used to digitize Wall Street and has since been adopted in diverse industries including telecommunications, electronic commerce, manufacturing and energy. TIBCO's global direct customer base includes more than 600 customers from around the world such as Cisco Systems, Yahoo!, Ariba, NEC, Enron, Sun Microsystems, GE Capital, Philips, AT&T, Pirelli and AOL/Netscape. Headquartered in Palo Alto, California, TIBCO can be reached at 650-846-1000 or on the web at www.tibco.com. NOTE: TIBCO, TIBCO ActiveEnterprise, TIBCO ActiveExchange, TIBCO ActivePortal, TIBCO Extensibility, TIB/Adapter, TIB/PartnerExpress, TIB/RendezvousTX, TIB/BusinessConnect, TIB/BusinessPartner, The Information Bus and TIB are trademarks or registered trademarks of TIBCO Software Inc. SOURCE TIBCO Software Inc. /CONTACT: Caroline Phillips, 650-846-5697, or caroline@tibco.com, or Tanya Klaserner, 650-846-5796, or tanyak@tibco.com, both of TIBCO Software Inc./ /Web site: tibco.com (TIBX) CO: TIBCO Software Inc.; Pirelli SPA ST: California, Italy IN: CPR TLS SU: CON (END) DOW JONES NEWS 09-27-00 06:21 AM *** end of story *** |