Altra(R) Teams With TIBCO Software to Provide Integration Capabilities for New Energy E-Commerce Initiative

TIBCO's Flexible E-Business Infrastructure Software Is Foundation for New

Offering From Altra E-Business Solutions



Apr 04, 2001, 01:00 ET from TIBCO Software Inc.

    PALO ALTO, Calif., April 4 /PRNewswire/ --
 TIBCO Software Inc. (Nasdaq:   TIBX), a leading provider of e-business
 infrastructure software, announced today that Altra E-Business Solutions, a
 subsidiary of Altra Energy Technologies, Inc., has selected TIBCO(TM) to
 provide systems integration capabilities for customers that use its
 Altra E-Business Solutions software suite.  This industry-leading suite of
 front-office e-business infrastructure products is comprised of the Altra Web
 Services Platform, private-branded energy exchanges and transaction systems,
 and value-added energy web services.
     The Altra E-Business Solutions software suite creates a more efficient
 operating environment for integrated energy companies by allowing them to
 access relevant information, conduct transactions, and collaborate with
 employees and business partners over the Internet.  Wholesale energy
 customers, for example, can leverage Altra's infrastructure suite to trade
 power or natural gas, conduct demand analyses and forecasts, view streaming
 price information, energy charts and news and energy-related weather reports.
     TIBCO's highly-scalable TIBCO ActiveEnterprise(TM) e-business
 infrastructure software will enable Altra's energy customers to further
 automate business processes by providing integration capabilities into
 mid-and-back-office systems used to capture deals, manage risk, schedule
 delivery and trades, process invoices and make payments. Full business
 automation reduces risk, will allow Altra's energy customer to reduce
 technology integration costs and will eliminate many time consuming manual
 processes and potentially detrimental data entry errors.
     Additionally, Altra will embed TIBCO in its next generation of trading
 products, which will provide integration into Altra's mid-and back-office
 solutions. Altra is already using TIBCO for its trading exchange, which was
 the first independent, neutral business-to-business exchange serving the
 energy industry. To date, they have traded more than one billion MMBtu's of
 natural gas using TIBCO technology.
     "The Altra E-Business Solutions infrastructure suite offers energy
 companies a single, streamlined, company-branded vehicle for communicating
 with customers, employees and partners on the web," said Bec Wilson, Altra's
 Director of Product Development. "TIBCO's leading-edge, highly scalable
 e-business infrastructure enables the integration of best-of-breed sources of
 real-time information as well as mission-critical mid-and back-office data
 into Altra's solution."
     "In today's highly competitive, volatile energy marketplace, energy
 traders need access to accurate and timely information to make informed
 trading decisions, and companies need to be able to automate the transaction
 process," said Peter Tebbenhoff, global energy manager for TIBCO. "TIBCO's
 technology will provide Altra with an architectural framework that integrates
 information and provides back-office integration that will escalate this
 product offering and improve customer service."
 
     About TIBCO ActiveEnterprise
     The core of TIBCO's real-time software infrastructure offering is the
 TIBCO ActiveEnterprise product line, 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.
 
     About Altra Energy Technologies, Inc.
     Altra Energy Technologies, Inc., located in Houston and at www.altra.com,
 together with its subsidiaries, is the leading provider of independent,
 neutral online trading systems, transaction management software and e-business
 solutions for the energy industry. Founded in 1996 as the first electronic
 marketplace for energy, Altra's software and trading systems now serve more
 than 7,000 energy professionals across 500 companies worldwide who trade,
 schedule, transport and account for transactions in power, natural gas,
 natural gas liquids and crude. The company, which offers the Altra Market
 Place for real-time trading, Altra Market Tools for front-, mid- and
 back-office transaction management and Altra Market Solutions to help energy
 companies create customized portal applications, is the only provider of
 software, systems and support that integrates the entire energy transaction
 process from trade through delivery and accounting.
 
     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(TM), 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(TM), 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 800 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.
 
     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 TIBCO's strategic
 partner, the continuation of this partnership, 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 partnership 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
 October 13, 2000 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.
 
 

SOURCE TIBCO Software Inc.
    PALO ALTO, Calif., April 4 /PRNewswire/ --
 TIBCO Software Inc. (Nasdaq:   TIBX), a leading provider of e-business
 infrastructure software, announced today that Altra E-Business Solutions, a
 subsidiary of Altra Energy Technologies, Inc., has selected TIBCO(TM) to
 provide systems integration capabilities for customers that use its
 Altra E-Business Solutions software suite.  This industry-leading suite of
 front-office e-business infrastructure products is comprised of the Altra Web
 Services Platform, private-branded energy exchanges and transaction systems,
 and value-added energy web services.
     The Altra E-Business Solutions software suite creates a more efficient
 operating environment for integrated energy companies by allowing them to
 access relevant information, conduct transactions, and collaborate with
 employees and business partners over the Internet.  Wholesale energy
 customers, for example, can leverage Altra's infrastructure suite to trade
 power or natural gas, conduct demand analyses and forecasts, view streaming
 price information, energy charts and news and energy-related weather reports.
     TIBCO's highly-scalable TIBCO ActiveEnterprise(TM) e-business
 infrastructure software will enable Altra's energy customers to further
 automate business processes by providing integration capabilities into
 mid-and-back-office systems used to capture deals, manage risk, schedule
 delivery and trades, process invoices and make payments. Full business
 automation reduces risk, will allow Altra's energy customer to reduce
 technology integration costs and will eliminate many time consuming manual
 processes and potentially detrimental data entry errors.
     Additionally, Altra will embed TIBCO in its next generation of trading
 products, which will provide integration into Altra's mid-and back-office
 solutions. Altra is already using TIBCO for its trading exchange, which was
 the first independent, neutral business-to-business exchange serving the
 energy industry. To date, they have traded more than one billion MMBtu's of
 natural gas using TIBCO technology.
     "The Altra E-Business Solutions infrastructure suite offers energy
 companies a single, streamlined, company-branded vehicle for communicating
 with customers, employees and partners on the web," said Bec Wilson, Altra's
 Director of Product Development. "TIBCO's leading-edge, highly scalable
 e-business infrastructure enables the integration of best-of-breed sources of
 real-time information as well as mission-critical mid-and back-office data
 into Altra's solution."
     "In today's highly competitive, volatile energy marketplace, energy
 traders need access to accurate and timely information to make informed
 trading decisions, and companies need to be able to automate the transaction
 process," said Peter Tebbenhoff, global energy manager for TIBCO. "TIBCO's
 technology will provide Altra with an architectural framework that integrates
 information and provides back-office integration that will escalate this
 product offering and improve customer service."
 
     About TIBCO ActiveEnterprise
     The core of TIBCO's real-time software infrastructure offering is the
 TIBCO ActiveEnterprise product line, 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.
 
     About Altra Energy Technologies, Inc.
     Altra Energy Technologies, Inc., located in Houston and at www.altra.com,
 together with its subsidiaries, is the leading provider of independent,
 neutral online trading systems, transaction management software and e-business
 solutions for the energy industry. Founded in 1996 as the first electronic
 marketplace for energy, Altra's software and trading systems now serve more
 than 7,000 energy professionals across 500 companies worldwide who trade,
 schedule, transport and account for transactions in power, natural gas,
 natural gas liquids and crude. The company, which offers the Altra Market
 Place for real-time trading, Altra Market Tools for front-, mid- and
 back-office transaction management and Altra Market Solutions to help energy
 companies create customized portal applications, is the only provider of
 software, systems and support that integrates the entire energy transaction
 process from trade through delivery and accounting.
 
     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(TM), 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(TM), 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 800 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.
 
     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 TIBCO's strategic
 partner, the continuation of this partnership, 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 partnership 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
 October 13, 2000 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.
 
 SOURCE  TIBCO Software Inc.