TIBCO SOFTWARE: TIBCO Software powers AltaVista Live! Money Channel
DEC 10, 1999, M2 Communications - TIBCO Software Inc. (NASDAQ:TIBX)
today announced that AltaVista, the premier new media and commerce
network, has built its new AltaVista Live! Money Channel using TIBCO
Software's leading Internet infrastructure software and portal-building
technology. TIBCO's TIBCO.net content integration and hosting service
provide the back-end foundation for the new AltaVista Live! Money
Channel (http://money.av.com/), helping AltaVista to be the only
leading Internet brand to offer free real-time stock quotes. TIBCO is
also enabling two new news feeds, ON24 and Briefing.com, a research
news feed to be featured on the AltaVista Live! Money Channel.
The AltaVista Live! Money Channel, supported by TIBCO.net, provides
users with the information they need to make investment decisions from
home or the office. Users can access news, stock quotes, analysts
charts, and company news and related information. The TIBCO.net
solution, a 24x7, high-performance hosting service, provides content
aggregation from news and data feeds from Reuters, S&P Comstock, PR
Newswire, BusinessWire, CBS MarketWatch, Big Charts, Zacks, Hoovers, II
Investor, Briefing.com and ON24. TIBCO.net normalises and integrates
quote information for real-time distribution to AltaVista, using
TIB/ActiveEnterprise software, for inclusion in AltaVista Live! Money
portfolio pages. In addition, TIBCO.net also delivers Money Channel
pages to end users for detailed quotes, news stories, income
statements, balance sheets, IPO information, and other areas of
interest. "TIBCO's infrastructure provides an industrial strength,
scalable platform that can grow as traffic to our site increases and
will allow us to rapidly introduce new services in the future," said
Ross Levinsohn, vice president and general manager of new media for
AltaVista.
How TIBCO.net Integrates External and Internal Information
The TIBCO.net service not only integrates external content such as
news and stock quotes, but can also integrate it with internal content
from corporate databases, billing and customer care systems. The
integrated content is immediately available for viewing with a Web
browser or on other devices, including wireless PDAs, pagers and cell
phones -- all the while maintaining seamless integration with
E-commerce transactional systems.
TIBCO.net's adapters for corporate content ensure smooth integration
of disparate content and transaction systems. These adapters include
components to integrate business information from enterprise software
applications such as SAP R/3 or Oracle databases. This enables
corporations to extend their enterprise systems onto the Web to build
value-added extranet e-businesses. TIBCO.net also offers value-added
E-business services such as user notification of "business events," an
auctioning and price quoting system for creating an online trading
marketplace, as well as system-level services such as user access
monitoring and content replication.
The software TIBCO.net employs is also used by NASDAQ, E*Trade, CBS
SportsLine, Yahoo!, AOL's Netcenter, and hundreds of others companies
that need to integrate thousands of items of news and financial
information in real-time, and to disseminate this information over
computer networks that handle traffic from millions of users during a
single day.
About AltaVista Company
AltaVista Company is the premier media and commerce network offering
Internet users up-to-the-minute news, live video, content, search and
shopping resources. The company integrates unique technology, products
and services to deliver relevant results faster for both individuals
and businesses. By combining distinctive 'best of the Web'
relationships with personalised service, the AltaVista Network at
www.altavista.com creates the smartest Internet experience. AltaVista
is building on its heritage of technology and innovative leadership,
offering informative services including AltaVista Live!, AltaVista
Search, AltaVista Shopping.com, AltaVista Local, and FreeAccess
combined with the AltaVista microportal. AltaVista is a majority-owned
operating company of CMGI, Inc. (Nasdaq: CMGI), Andover, MA. AltaVista
is headquartered in Palo Alto, Calif.
About TIBCO Software Inc.
TIBCO Software Inc. (Nasdaq: TIBX) is a leading provider of real-time
infrastructure software for the Internet and enterprise. TIBCO's
products and services enable computer applications and platforms to
communicate efficiently across networks. The TIB/ActiveEnterprise
product suite facilitates the distribution of information and
integration of business processes by connecting applications to a
network through patented technology called The Information Bus or TIB.
TIB technology was first used to "digitise" Wall Street in the 1980s
and has since been adopted in diverse industries, including
manufacturing, energy, telecommunications, and electronic commerce.
TIBCO Software's global client base includes Cisco, Yahoo!, NEC, 3Com,
Sun Microsystems, SAP, Philips, AT&T, PageNet and AOL/Netscape.
Headquartered in Palo Alto, California, TIBCO Software can be reached
at (650) 846-1000 or on the web at www.tibco.com.
TIBCO, TIB/ActiveEnterprise, The Information Bus and TIB are
trademarks or registered trademarks of TIBCO Software Inc. SemiSuite is
a trademark of Compaq Computer Corporation.
Legal Notice Regarding Forward-Looking Statements: This release may
contain forward-looking statements regarding TIBCO's business,
customers or other factors that may affect future earnings or financial
results. Actual results could differ materially from those projected in
such forward-looking statements. 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 registration statement on Form S-1
which was declared effective by the SEC on July 13, 1999, and the most
recent reports on Form 10-Q, 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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(C)1994-99 M2 COMMUNICATIONS LTDCONTACT: Birgit Jordan, TIBCO Software
Inc.
Tel: +44 (0)171 221 7975
e-mail: BJordan@gmx.de
Steve Ellis/Stella Couch, Write Image
Tel: +44 (0)171 493 5400
e-mail: stellac@write-image.co.uk
*M2 COMMUNICATIONS DISCLAIMS ALL LIABILITY FOR
INFORMATION PROVIDED WITHIN M2 PRESSWIRE. DATA
SUPPLIED BY NAMED PARTY/PARTIES.*
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