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TIBCO, Procter & Gamble, Wal-Mart and Verisign To Demonstrate Supply Chain Track and Trace Solution Using the EPCglobal Network

TIBCO Senior Vice President of Products and Technology to Speak at EPCglobal U.S. Conference

PALO ALTO, Calif., September 29, 2004 - TIBCO Software Inc. (NASDAQ: TIBX), a leading enabler of real–time business and the world's largest independent business integration software company, today announced that TIBCO's Tom Laffey, senior vice president of Products and Technology and board member and former chair of the Software Action Group of EPCglobal's EPC Information Service, will speak at the "EPCglobal U.S. Conference 2004" on Wednesday, September 29, 2004 in Baltimore, Maryland. Mr. Laffey will present the TIBCO developed supply chain track and trace solution that serves as a foundation for Predictive Business™. Predictive Business is an exciting new way of doing business which helps organizations avoid potential problems, anticipate customer needs and growth opportunities, and proactively pursue them for significant gain.

TIBCO will participate in a live demonstration with Procter & Gamble, Wal-Mart and VeriSign. The supply chain track and trace solution illustrates both the EPCglobal's Network as well as Object Naming Service (ONS) at work and specifically identifies gaps between supplier plans and actual quantities as well as raising alerts based on business rules. TIBCO's solution leverages real-time information to provide end-to-end visibility across the supply chain and improve product availability to consumers, reduce inventory and alleviate out of stock issues.

The conference, produced and hosted by EPCglobal US, the not-for-profit organization that serves subscribers in the United States to help foster the adoption of the EPCglobal Network and related technology, will provide valuable insight into the future of supply chain management as well as deliver the tools and education that trading partners across all industries need. Attendees will gain a thorough understanding of Electronic Product Code (EPC) and Radio Frequency Identification (RFID) emerging technologies, learn about the EPCglobal Network, the development of global standards, and discover how this will impact their respective industries and companies.

TIBCO® solutions enable leading corporations to optimize their supply chains by providing more accurate and timely end customer demands, real–time global product visibility, a reduced latency and automated order fulfillment cycle, monitoring of end-to-end business processes, and tracking of products to ensure service level agreements are fulfilled.

The EPCglobal event will be held on September 28-30, 2004 at the Baltimore Convention Center in Baltimore, Maryland. For more information about the "EPCglobal U.S. Conference 2004," visit: https://programs.regweb.com/ucc/epcglobalus/index.cfm?page=home.

About TIBCO Software

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 enterprise backbone, business integration, business process management, and business optimization solutions, TIBCO can be reached at +1 650-846-1000 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.