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TIBCO Software Announces Stonebridge Technologies Has Joined Exclusive List of Consulting Firms Delivering TIBCO Infrastructure Solutions
PALO ALTO, Calif., April 03, 2001 - TIBCO Software™ Inc. (Nasdaq: TIBX), a leading provider of real–time infrastructure software for e–business, announced today that Stonebridge Technologies, a leading enterprise integration and consulting company serving the South Central, Southeast and Mid–Atlantic United States, has joined the TIBCO Alliance Partner (TAP) program. With the alliance, the companies are planning to pursue joint engagements targeting the energy, communications and healthcare vertical industries.
"Stonebridge has earned a reputation throughout its geographic footprint as a full–service consulting firm that delivers integrated technology solutions producing bottom–line results, and we are pleased to welcome them as a new TIBCO consulting partner," said Keith Goldstein, director of corporate alliances for TIBCO Software. "As deployment of industrial-strength infrastructure solutions continues to accelerate across all industries, our customers directly benefit from TIBCO partners such as Stonebridge that have the industry expertise, technical competence and vision required to create integrated, best–in–class solutions."
Stonebridge helps businesses more fully leverage Web–enabled technologies to build long-lasting and profitable relationships with customers; improve information flow throughout the enterprise; and drive operational efficiencies to maximize technology investments. The Dallas–based company, which operates exclusively in the South Central, Southeast and Mid–Atlantic regions, blends the depth of technology consulting experience of a Big Five firm with the agility and focus of a smaller firm.
As a TAP consulting partner, Stonebridge has demonstrated superior skill in developing and implementing real–time Web–based and enterprise infrastructure solutions based on the TIBCO ActiveEnterprise™ and TIBCO ActivePortal™ e–business application suites. Stonebridge has successfully deployed TIBCO enterprise integration solutions for multiple clients.
"Our TIBCO partnership is significant for two reasons," said Jim Sherriff, Stonebridge's chief executive officer. "First, helping our clients get a greater return from their technology investment is the fundamental objective for every Stonebridge engagement, and TIBCO tools enable our consultants to develop business solutions that extend clients' existing infrastructure and take total advantage of new Web-enabled applications. Second, more than two–thirds of our business is derived from the vertical industries both companies are focused on, so our alliance offers tremendous opportunities for continued growth."
Stonebridge's end-to-end solutions are built on the "Three I's": Infrastructure, Information and Interaction. The Three I's form the essential technology building blocks driving the online user experience. Infrastructure includes enterprise servers, data storage, network management and security; Information includes integrating various data sources as well as new technology solutions with legacy business applications; and Interaction comprises client solutions with branding, navigation, complex interaction and e-marketing elements.
According to the leading industry analyst firm Gartner Group, TIBCO is one of the leading integration tools providers. Such recognition stems from TIBCO's high-profile customers including AT&T, Chevron, Cisco Systems, Hitachi, Seagate and Yahoo! TIBCO's network of partners comprises leading consulting, hardware and software companies.
About Stonebridge Technologies, Inc.
Stonebridge Technologies is a leading enterprise integration and consulting company serving businesses in the South Central, Southeast and Mid-Atlantic United States. Stonebridge collaborates with clients to design, develop and deliver enterprise integration solutions that leverage rapid advances in Web–enabled technologies and devices to transform and extend the life of existing business-critical systems. Built on the latest innovations of leading technology partners such as Sun Microsystems and Oracle, Stonebridge's core skills in enterprise relationship management, business intelligence, and enterprise resource planning help clients increase revenues, gain operational efficiencies and create sustained competitive advantage. Stonebridge has operations located in 12 cities: Atlanta, Austin, Birmingham, Charlotte, Dallas, Houston, Nashville, Tampa, Oklahoma City, Orlando, Reston/D.C. and Tulsa. The company's corporate headquarters is located in Dallas. More information about Stonebridge is available at www.sbti.com.
About TIBCO Software Inc.
TIBCO Software Inc. (NASDAQ:TIBX) is a leading provider of real–time e–business infrastructure software. TIBCO's four product lines–TIBCO ActiveEnterprise™, TIBCO ActiveExchange™, TIBCO ActivePortal™ and TIBCO Extensibility™–+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™, or TIB®. 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.
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TIBCO, TIBCO Software, TIBCO ActiveEnterprise, TIBCO ActiveExchange, TIBCO ActivePortal, TIBCO Extensibility, The Information Bus and TIB are trademarks or registered trademarks of TIBCO Software Inc.
Legal Notice Regarding Forward–Looking Statements: This release contains Forward–Looking statements regarding TIBCO's business, customers, markets served or other factors including 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 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.
Stonebridge Technologies Contact:
Craig Dees
Stonebridge Technologies
Phone: 972/455-7271
email: craig.dees@sbti.com
