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Calor Gas Harnesses TIBCO Integration to Light Up Its Infrastructure
UK's Leading LPG Supplier Deploys TIBCO to Increase Efficiencies and Automate Business Processes
LONDON, UK, June 03, 2003 - TIBCO Software Inc. (Nasdaq:TIBX), a leading enabler of real–time business and the leading independent business integration software company in the world, as demonstrated by market share and analyst reports, today announced that Calor Gas, the UK's leading Liquified Petroleum Gas (LPG) supplier, has chosen TIBCO to integrate its mission–critical business applications and enable the company to automate business processes. Calor Gas expects that the project will increase the speed of core business operations, enhance customer service and reduce costs.
"In today's increasingly competitive market, customers are demanding better service, speed and agility at reduced costs. It is essential that we move towards a real–time framework so that elapsed times for responding to and fulfilling our customer needs are collapsed to the absolute minimum," said Simon Went, systems development manager, Calor Gas. "During our evaluation process, TIBCO demonstrated a proven track record of implementing a secure and robust method of transferring data across critical business platforms. The TIBCO solution stood out as a clear winner during the evaluation."
Calor Gas will use TIBCO technology for current and future integration implementations, which will include Calor's critical operational processes for efficient distribution of LPG throughout the UK. During this phased implementation, initial pilot projects include integrating the Onyx CRM solution with the JD Edwards OneWorld ERP system. Installation and implementation work is currently in progress and completion is anticipated by Spring 2003.
"This announcement reflects TIBCO's ability to deliver integration solutions to energy companies of all sizes, ranging from medium–to–large domestic organizations, to multinational Fortune 1000 companies," said Erik Hansen, president of EMEA, TIBCO. "Calor Gas deployed the TIBCO solutions themselves, after one week's training, and required absolutely no coding, enabling the company to readily realize the considerable business benefits that TIBCO integration solutions can deliver."
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.
