TIBCO BusinessEvents Receives Gold Award for Event Processing From Bloor Research

TIBCO Lauded for Exhibiting Continuous Innovation and Standards Leadership



Apr 23, 2007, 01:00 ET from TIBCO Software Inc.

    PALO ALTO, Calif., April 23 /PRNewswire-FirstCall/ -- TIBCO Software
 Inc. (Nasdaq:   TIBX) today announced that TIBCO BusinessEvents(TM), a
 complex event processing (CEP) offering that enables organizations to
 identify meaningful patterns among the countless events that occur across
 their business, has been named a Gold Award winner for General Purpose
 Event Processing platforms by Bloor Research in their 2006 Event Processing
 Solutions report.
     TIBCO BusinessEvents received the award based on strong results across
 the evaluation criteria, placing in the Champion sector in four out of
 seven evaluation areas. Companies in the champion sector are categorized as
 being well-known and well-established in the market, held in high regard by
 users and exhibiting continual innovation. In addition, TIBCO received the
 highest placement in the Champion sector on The Landscape Diagram, which
 represents the total scores for the various products evaluated in the
 report.
     "TIBCO BusinessEvents is highly functional and is a market leading
 product. The fact that it is offered by a company with a worldwide presence
 (with services to match) is a significant benefit," said Philip Howard,
 research director - Data, Bloor Research. "TIBCO has also taken a
 leadership position in the standards community, proposing the establishment
 of a functional reference architecture for event processing," added Howard.
     One of the world's leading IT research, analysis and consultancy
 organizations, UK-based Bloor Research evaluated 18 different suppliers in
 October 2006 to explore how generally available event processing products,
 and the companies themselves, performed against a pre-set selection
 criteria. Criteria included: stability and risk, ease of use (including
 implementation), fitness for purpose, scalability and performance,
 architecture, support and (geographic) coverage, and value for money.
     "TIBCO BusinessEvents continues to gain positive recognition in the
 marketplace, as evidenced by Bloor Research's recent evaluation of our CEP
 solution," said Ram Menon, executive vice president, Worldwide Marketing,
 TIBCO. "We are committed to upholding this distinction through a continued
 focus on standards compliance and customer-driven innovation."
     About Bloor Research
     Founded in 1989, Bloor Research is one of the world's leading IT
 research, analysis and consultancy organizations -- distributing research
 and analysis to IT user and vendor organizations throughout the world via
 online subscriptions, tailored research services and consultancy projects.
 Bloor Research's research and analysis have been acknowledged by the
 world's press, other industry analysts and commentators as some of the most
 authoritative work ever produced on computing and business issues. The
 accuracy and integrity of our research and its impartial conclusions have
 earned Bloor Research international acclaim.
     About TIBCO
     TIBCO Software Inc. (Nasdaq:   TIBX) provides enterprise software that
 helps companies achieve service-oriented architecture (SOA) and business
 process management (BPM) success. With over 3,000 customers, TIBCO has
 given leading organizations around the world better awareness and agility
 -- what TIBCO calls The Power of Now(R). To learn more, contact TIBCO at +1
 650-846-1000 or on the Web at http://www.tibco.com.
     TIBCO, The Power of Now, TIBCO BusinessEvents and TIBCO Software are
 trademarks or registered trademarks of TIBCO Software Inc. in the United
 States and/or other countries. All other product and company names and
 marks mentioned in this document are the property of their respective
 owners and are mentioned for identification purposes only.
 
 

SOURCE TIBCO Software Inc.