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OTN Cuts Order Processing and Maintenance Costs with TIBCO
TIBCO integration solution ties CRM and e–commerce software to ERP system, speeds delivery of life–saving cancer products and services
Palo Alto, May 05, 2003 - TIBCO Software Inc., (Nasdaq:TIBX), the leading independent business integration software company in the world, demonstrated by market share and analyst reports, announced today that Oncology Therapeutics Network, a leading source of oncology–related products, services, and information, has selected the TIBCO business–integration solution to integrate partner systems and internal applications.
"The ease of integrating a wide variety of business partners and internal systems using TIBCO's robust solutions allows us to offer oncology offices the right products, services, and information at the right time," says Chuck Bell, VP of technology at OTN. "This capability is absolutely fundamental to the business we operate because cancer patients depend on timely delivery of their life–saving medication."
The efficiencies resulting from the TIBCO implementation have also helped OTN fulfill next–day delivery of cancer treatment medications to customers and reduce current and future integration costs. The open, standards–based architecture of the TIBCO solution gives OTN the flexibility and freedom to choose applications that suit business needs and future growth.
"TIBCO's leadership in integration for the health care industry is demonstrated by the timely way that OTN is able to serve its customers," said George Ahn, vice president and chief marketing officer, TIBCO Software Inc. "The TIBCO solution allows OTN to more easily and cost–effectively integrate its CRM and ERP systems, and the resulting real–time data exchange gives cancer practices access to the services they need."
About TIBCO Software Inc.
TIBCO Software Inc. (Nasdaq:TIBX) is the leading independent business integration software company in the world, demonstrated by market share and analyst reports. In addition, TIBCO is a leading enabler of Real-Time Business, helping companies become more cost–effective, more agile and more efficient. TIBCO has delivered the value of real–time business, what TIBCO calls The Power of Now®, to over 2,000 customers around the world and in a wide variety of industries. For more information on TIBCO's proven business integration, business optimisation, and enterprise backbone solutions, TIBCO can be reached at 650-846-1000 or on the Web at www.tibco.com. TIBCO is headquartered in Palo Alto, CA.
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TIBCO, the TIBCO logo, The Power of Now and TIBCO Software 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.
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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 materially from 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 April 10, 2003 and February 5, 2003, 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.
