SOURCE: Tidal Software

October 09, 2006 08:00 ET

Webster Bank Partners With Tidal Software to Manage Rapid Growth

Enterprise Scheduler Seen as Vital Tool in Optimizing Operations

PALO ALTO, CA -- (MARKET WIRE) -- October 9, 2006 -- Tidal Software, a leading provider of application scheduling and performance management software, today announced that Webster Bank, a leading financial services provider in southern New England, has recently completed its implementation of Tidal Enterprise Scheduler. Tidal will provide the foundation to assimilate new systems and applications in support of the bank's environment. Tidal™ Enterprise Scheduler now manages over 7,000 jobs per day, scheduling operations across Webster's UNIX, Windows, Tandem, and legacy systems and banking applications.

"Webster is pleased to partner with Tidal, and we know that this new relationship is a great benefit to our operations," said Webster Bank's Enterprise Systems Manager Philippe Bourdon. "Effective and efficient software operations are an increasingly critical component of a modern, leading financial services company. Tidal now provides us the tools and services to better meet our goals."

Tidal™ Enterprise Scheduler is the industry's leading cross-platform, cross-application job scheduling solution. Its graphic workflow design and monitoring consoles greatly simplify the scheduling of diverse systems and applications. Tidal's advanced capabilities also simplify recovery from failure at any point in the process and assist in planning for outage windows. Tidal's solution also delivers process auditability, laying the foundation for managing compliance initiatives such as Sarbanes-Oxley. Tidal™ Enterprise Scheduler is empowering today's enterprises to realize dramatic improvements in a wide range of operational business functions.

"We are enthusiastic about this new relationship and we believe that our technology and services will allow Webster to simplify its operations and allow their businesses a greater opportunity to grow and serve their customers," said Rod Butters, senior vice president of marketing for Tidal Software. Tidal is committed to supporting Webster Bank achieve its goal and we are pleased that we can assist Webster to keep its daily operations running smoothly. The success of this implementation is another example of how Tidal solutions improve IT operations for the many financial institutions we serve."

About Tidal Software

Tidal Software is a leading provider of advanced application scheduling and performance management software that radically simplify IT operations by automating performance and process management. Tidal provides a unique comprehensive management solution that enables IT organizations to maximize the automation, visibility, and control they have in the operation of their systems, ultimately making applications such as SAP®, PeopleSoft®, and Oracle E-business Suite™, as well as composite solutions consisting of packaged applications and custom SOA-based components more efficient, productive, reliable, and secure, enabling them to return greater business value. Tidal has increased the efficiency of advanced datacenters for global enterprises such as General Mills, HP, Microsoft, T-Mobile, ING, and Warner Brothers. The privately held company is venture-funded by JPMorgan Partners, Kleiner Perkins Caufield & Byers, Novus Ventures and VantagePoint Venture Partners. For more information, contact Tidal Software at (650) 475-4600 or visit the company's web site at www.tidalsoftware.com.

Tidal Software Logo, Tidal Enterprise Scheduler, Tidal Horizon, Tidal Intersperse and Expert-in-a-Box are trademarks of Tidal Software, Inc. All other trademarks are those of their respective owners.