SOURCE: TIBCO Software Inc.

TIBCO Software Inc.

June 03, 2009 00:01 ET

Announcing TIBCO Silver, Industry's First Application Delivery Platform for Enterprise Cloud Computing

TIBCO Silver Offers Enterprises Self-Aware Elasticity and Ability to Reduce Time to Deliver Cloud Applications From Months to Minutes

PALO ALTO, CA--(Marketwire - June 3, 2009) - TIBCO Software Inc. (NASDAQ: TIBX) today announced TIBCO Silver™, the industry's first rapid application delivery platform designed specifically for building and deploying cloud applications inside Global 2000 IT environments.

TIBCO Silver is unique because it is the only software delivery platform built from the ground up that allows enterprises to reduce the time required for building and deploying cloud applications from months to minutes. With TIBCO Silver, enterprises can overcome the impediments to widespread enterprise adoption of cloud computing -- issues such as availability, security, integration, governance and scalability.

According to an April 2009 Forrester Research report titled, Inquiry Spotlight: Cloud Computing, Q2 2009(1), "Cloud computing represents a significant shift in the way IT operates today and shows no signs of being a passing fad. The efficiency, scalability and cost savings it brings make cloud computing something that businesses must consider, especially with 2009 set to be another slow year for the economy."

TIBCO Silver builds in "self-aware" elasticity. This feature eliminates the need for human intervention to address and resolve when applications should grow or shrink. Instead, TIBCO Silver automatically adjusts to troughs and spikes. Powered by TIBCO's patented Complex Event Processing (CEP) technology, this self-aware capability will save software architects time and resources when they manage and display cloud applications.

The self-aware nature of TIBCO Silver also extends to how it manages Service Level Agreements (SLAs) -- an essential requirement inside Global 2000 enterprises. For example, a software architect may need to specify an SLA for the response time of an online order processing application. Because it is self-aware, TIBCO Silver manages the performance of the application and dynamically deploys additional resources to ensure the SLA is met. TIBCO Silver also supports system and compute level SLAs such as CPU and memory usage.

"Our enterprise customers have been intrigued by the possibilities of cloud computing for some time, but the barriers to entry have been numerous," said Matt Quinn, senior vice president of engineering and technology strategies of TIBCO Software. "With TIBCO Silver, we will be delivering what customers require to make enterprise cloud applications a reality now."

TIBCO Silver provides a platform for cloud application delivery that is:

--  Enterprise ready: TIBCO Silver was built from the ground up to support
    cloud application delivery inside Global 2000 IT environments. TIBCO Silver
    addresses scalability, availability and governance challenges of cloud
    computing in an enterprise.
--  Self-Aware: TIBCO Silver features a "self-aware elasticity" an ability
    to shrink and scale automatically at the platform level. It also allows for
    various levels of authorization, authentication and encryption policies to
    be dynamically configured.
--  Broad language support: TIBCO Silver will provide a rich set of
    container support for Java, C++, and Ruby with support for .NET and Spring
    that allows an architect the flexibility to construct a composite
    application using services developed in various programming languages and
    to deploy composite applications with just one click.
    

TIBCO Silver will be offered as beta on June 30, 2009. For more information please visit http://silver.tibco.com

About TIBCO

TIBCO's technology digitized Wall Street in the '80s with its event-driven "Information Bus" software, which helped make real-time business a strategic differentiator in the '90s. Today, TIBCO's infrastructure software gives customers the ability to constantly innovate by connecting applications and data in a service-oriented architecture, streamlining activities through business process management, and giving people the information and intelligence tools they need to make faster and smarter decisions, what we call The Power of Now. TIBCO serves more than 3,000 customers around the world with offices in more than 20 countries and an ecosystem of over 200 partners. Learn more at www.tibco.com.

TIBCO, TIBCO Software, and TIBCO Silver 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.

The foregoing document includes a description of certain planned future availability of TIBCO product functionality. Such description is provided for informational purposes only and is subject to change without notice.

Legal Notice Regarding Forward-Looking Statements

This release contains forward-looking statements within the meaning of the "safe harbor" provisions of the federal securities laws. All statements other than statements of historical fact could be deemed forward-looking, including statements regarding the future release or capabilities of TIBCO Silver. Because these forward-looking statements involve risks and uncertainties, important factors could cause actual results to differ materially. These factors include: any unforeseen delays, technical difficulties or changes in technology and standards relating to the development of this new offering. Additional information regarding potential risks is provided in TIBCO's filings with the SEC, including its most recent Annual Report on Form 10-K for the year ended November 30, 2008 and Quarterly Report on Form 10-Q for the quarter ended March 1, 2009. TIBCO assumes no obligation to update the forward-looking statements included in this release.

(1) "Inquiry Spotlight: Cloud Computing, Q2 2009," Forrester Research, Inc., April 21, 2009

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