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TIBCO SOFTWARE AND INFORMATICA JOIN FORCES TO DELIVER REAL-TIME, EVENT-DRIVEN ANALYTICS
Informatica analytics solution to integrate with TIBCO’s suite of real-time infrastructure products
PALO ALTO, Calif., June 25, 2001 – Informatica Corporation (NASDAQ: INFA), the leading provider of business analytic solutions, today announced a strategic technology and marketing alliance with TIBCO Software Inc. (NASDAQ: TIBX). As part of this alliance, Informatica will develop an adapter to integrate TIBCO’s enterprise application integration (EAI) solutions with the Informatica PowerCenter data integration platform to provide Informatica customers with real-time analytics capabilities.
“By uniting event-driven transactional data with the Informatica platform, we’re helping customers take a critical step on the road to more efficient operations and better decision-making,” said Fred Meyer, chief marketing officer for TIBCO. “Just as TIBCO enables diverse applications to communicate in real time, Informatica enables timely judgments to be made based on the aggregation of this information via real-time analytics.”
The TIBCO and Informatica alliance will enable streams of real-time data from TIBCO’s EAI infrastructure software to be captured and integrated with historic “time slice” data through the Informatica PowerCenter data integration and analysis platform.
Enhanced for real-time analytics, Informatica PowerCenter will (1) instantaneously source real-time data from EAI data streams, message queues and related sources, (2) integrate that data with other information from across the enterprise and (3) deliver real-time analytics, including alerts, to relevant applications and personal information devices to drive immediate actions.
“Real-time analytics is the logical next step for the analytic solutions industry,” said Girish Pancha, senior vice president and general manager of platform technologies at Informatica. “ We are working with TIBCO’s leading solutions to address this market opportunity, providing our customers with a competitive, early-mover advantage across a wide range of business applications, from CRM to supply chain management.”
In addition to product development, Informatica and TIBCO will also collaborate on joint marketing and sales activities. The TIBCO/Informatica connectivity solution is scheduled for release by Informatica in the third quarter of 2001.
About TIBCO Software Inc. TIBCO Software Inc. (Nasdaq:TIBX) is a leading provider of total business integration solutions delivering infrastructure software that enables companies to seamlessly integrate business systems in real time. TIBCO’s products enable the real-time distribution of information through patented technology called The Information Bus™, or TIB®. TIBCO technology was first used to digitize Wall Street and has since been adopted in diverse industries including financial services, telecommunications, electronic commerce, transportation, logistics, manufacturing and energy. TIBCO’s global customer base includes more than 1,200 customers such as Cisco Systems, Yahoo!, Ariba, NEC, Enron, Sun Microsystems, FedEx, The Limited, GE Capital, Philips, AT&T and Pirelli. Headquartered in Palo Alto, California, TIBCO can be reached at 650-846-1000 or on the web at www.tibco.com.
About Informatica Informatica provides business analytic solutions that enable companies to leverage business insight for competitive advantage. More than 1,200 global customers, including over half of the Fortune 100, leverage the Informatica Insight Network to integrate, analyze and personalize critical business information to improve business performance and responsiveness across the entire business value chain. Informatica products include a comprehensive family of analytic applications, the industry’s most powerful data integration platform and a wide range of supporting services and partnerships. The company’s list of leading customers includes 3Com, AMD, American Airlines, BMW, Boeing, Borders Group, Chevron, Cisco, CNET, Deutsche Bank, eBay, General Electric, Hewlett-Packard, Merck, Merrill Lynch, MetLife, Motorola, Philips, Polo Ralph Lauren, Sprint and UBS. For more information, call 1.800.970.1179, or visit the Informatica Web site at http://www.informatica.com.
Informatica Safe Harbor: This press release contains forward-looking statements regarding Informatica’s business as defined under The Securities Litigation Reform Act of 1995. Forward-looking statements in this release include, but are not limited to, statements regarding the collaboration of the parties, the successful development of an adapter to integrate the parties’ products, the ability of the products to meet customers’ needs and expectations or perform as described, and the continuation of the collaboration between the parties. Factors that could cause actual results to differ materially include the ability of the parties to continue their collaboration, the successful development of an adapter to integrate the parties’ products, the ability of the products to meet customers’ needs and expectations or perform as described, as well as additional risk factors outlined in our Annual Report on Form 10-K for the year ended December 31, 2000 and updated in our report on Form 10-Q for our quarter ended March 30, 2001. Informatica assumes no duty to update any of the forward-looking statements in this release.
TIBCO Safe Harbor: Legal Notice Regarding Forward-Looking Statements: This release contains forward-looking statements regarding TIBCO's business, customers, markets served or other factors including the performance of the parties, the continuation of the alliance, and 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 the parties fail to perform, the alliance does not continue, or the 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 April 12, 2001 and February 27, 2001 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.
Note: Informatica, PowerCenter, PowerConnect and the Informatica Insight Network are trademarks or registered trademarks of Informatica Corporation. TIBCO, TIBCO Software, The Information Bus and TIB are trademarks or registered trademarks of TIBCO Software Inc. All other product and company names and marks mentioned are the property of their respective owners.
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