NBCi Using TIBCO Software Technology to Provide Stock Quotes and Real-Time Market News to Millions of Users Worldwide
January 09, 2001 06:01:00 AM ET
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PALO ALTO, Calif., Jan. 9 /PRNewswire/ -- TIBCO Software Inc. TIBX, a leading provider of real-time infrastructure software for e-business, announced today NBC Internet, Inc. NBCI, a leading Internet portal company that brokers information, commercial and entertainment transactions, has implemented TIBCO's portal technology to provide its users with stock quotes and real-time market news. NBCi's flagship consumer Internet portal, NBCi.com, is intended to serve as a user's "Personal Agent on the Net," by aggregating highly personalized and relevant Internet content, utility and commerce. With the implementation of TIBCO's solution, NBCi users can now access the news and information they need to make investment decisions from home or the office.
The TIBCO ActivePortal(TM) product suite provides content aggregation from news and data feeds, including Reuters, S&P Comstock, PR Newswire, and BusinessWire. NBCi users will benefit by having instant access to news headlines, delayed stock quotes, company news and related information such as audio and video clips. Internet investors can create customized portfolios to track specific stocks, related historical data and news stories.
"To offer our users a truly personalized online experience, it is essential to provide access to the news and information that matters to them," said Jeffery Hudson, director of business programming for NBC Internet. "TIBCO's proven and reliable technology provides 24x7 access to company news, stock quotes and comprehensive market updates, enabling us to deliver value-added content to our users."
"In the highly competitive consumer portal service marketplace, personalized content is vital for attracting and retaining customers," said Fred Meyer, chief marketing officer for TIBCO Software. "TIBCO's technology is helping cutting-edge Internet portals, such as NBCi, provide its customers with the valuable news and information they demand."
About TIBCO ActivePortal
The TIBCO ActivePortal product suite provides an integrated and scaleable, end-to end solution for developing highly personalized strategic enterprise intelligence and content. TIBCO ActivePortal enables an organization to extend its business by delivering user-specific information from a variety of internal and external sources to employees, customers and business partners.
TIBCO ActivePortal is comprised of the following products:
-- TIB/PortalBuilder(TM): a portal-construction tool that aggregates
content from an e-business infrastructure, personalizes it and delivers
it to users.
-- TIB/PortalPacks(TM): a suite of products that include content feed
handlers and application servers for integrating and delivering
financial news and research data from leading content providers, such
as Reuters, into the portal, making it easy for customers to quickly
deploy high-value content channels for their users.
-- TIB/AlertServer(TM): a high-volume personalized notification system
that enables users to receive information on their wireless devices.
About NBC Internet, Inc. (NBCi)
NBC Internet, Inc. (NBCi) is a leading Internet company that helps consumers access Internet resources, leveraging user data to broker information, commercial, and entertainment transactions between consumers and marketing partners. NBCi's flagship consumer Internet portal, NBCi.com, provides Internet search and directory, information, community, personal file storage, e-commerce, and entertainment services for both narrowband and broadband users.
NBCi was launched in November 1999 through the combination of NBC and CNET's Snap.com, Xoom.com, NBC.com, NBC Interactive Neighborhood, VideoSeeker, and a 10 percent equity stake in CNBC.com. NBC Internet publicly trades under the ticker NBCI on The Nasdaq Stock Market(R). NBC, a subsidiary of General Electric Company GE, holds a 39 percent ownership stake in NBCi. NBCi is headquartered in San Francisco and has offices in New York City, Los Angeles, and Chicago.
About TIBCO Software
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, The Information Bus and TIB are trademarks or registered trademarks of TIBCO Software Inc. Legal Notice Regarding Forward-Looking Statements: This release contains forward-looking statements regarding TIBCO's business, customers, markets served or other factors including the ability of products to meet customers' expectations, needs, or perform as described that may affect future earnings or financial results. Our actual results could differ in such forward-looking statements. Reasons for why actual results could differ materially include if products are unable to successfully meet customers' expectations, needs, or perform as described. Additional information concerning factors that could cause our actual results to differ materially from those contained in the forward-looking statements can be found in TIBCO Software's filings with the Securities and Exchange Commission ("SEC"), including but not limited to its most recent reports on Forms 10-Q and 10-K filed with the SEC on October 13, 2000 and February 25, 2000 respectively, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements including limited independent operating history, history of losses, unpredictability of future revenue, dependence on a limited number of customers, relationship with Reuters Group PLC, rapid technological and market changes, risks associated with infrastructure software and volatility of stock price. Copies of filings made with the SEC are available through the SEC's electronic data gather analysis and retrieval system (EDGAR) at www.sec.gov. TIBCO assumes no obligation to update the forward-looking statements included in this document.
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