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Scandinavian Airlines Systems Selects TIBCO Software For Strategic Business Integration
LAS VEGAS, NV., June 11, 2001 - TIBCO Software Inc. (Nasdaq: TIBX) announced today, at its Strategic Directions 2001 customer conference, that Scandinavian Airlines Systems (SAS) has signed a global multi-million dollar license agreement to use TIBCO's technology across its enterprise. SAS plans to use TIBCO's total business integration solution to deliver improved customer service and develop new services faster.
"The SAS business concept is to provide a wide choice of market-leading airline-based travel products, with special emphasis on business travel," said Claes Broström, senior vice president and CIO of SAS. "TIBCO's technology allows us to share real-time information with every area of our company and make the best use of this information within our business processes."
"The ability to access real-time information about customers and partners is crucial in the fast-moving, highly-competitive transportation industry," said Vivek Ranadivé, TIBCO chairman and CEO. "SAS is the latest of several companies, including Delta Air Lines, FedEx Corporation, Northwest Airlines and TNT North America who have selected TIBCO."
TIBCO offers a flexible and scalable integration infrastructure solution that enables SAS to focus its business processes on customer demand, and access the real-time information that is essential to success.
Using TIBCO's Enterprise Application Integration (EAI), Business-to-Business (B2B) and portal solutions, SAS will be able to create a consolidated view of customer information without needing to replicate the various information into one system. New customer services can be offered based on business intelligence applied across all systems.
"TIBCO's technology will be the integration backbone of our network and corporate enterprise architecture which makes it easier for us to add new services with seamless integration to our core systems. TIBCO will also help to increase efficiency by providing tools for process management as a key element of the integration solution" said Broström.
About Scandinavian Airlines System
In 2000 SAS transported 23.4 million passengers to 92 destinations in 33 countries. SAS had 1100 daily departures and the flown tonnage amounted to 287,000 tonnes. SAS has been a member of Star Alliance™ since 1997. This is the world´s largest global collaboration between airlines. SAS on the Internet www.scandinavian.net
About TIBCO Software Inc.
TIBCO Software Inc. (Nasdaq:TIBX) is a leading provider of total business integration solutions delivering infrastructure software that enables companies to seamlessly integrate business systems in real time. TIBCO's products enable the real–time distribution of information through patented technology called The Information Bus™, or TIB®. TIBCO technology was first used to digitize Wall Street and has since been adopted in diverse industries including financial services, telecommunications, electronic commerce, transportation, logistics, manufacturing and energy. TIBCO's global customer base includes more than 1,000 customers such as Cisco Systems, Yahoo!, Ariba, NEC, Enron, Sun Microsystems, GE Capital, Philips, AT&T, Pirelli and AOL/Netscape. Headquartered in Palo Alto, Calif., TIBCO can be reached at +1 650 846 1000 or on the Web at www.tibco.com.
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TIBCO, TIBCO Software, The Information Bus and TIB are trademarks or registered trademarks of TIBCO Software Inc. Reuters and the sphere logo are the trademarks of the Reuters group of companies.
