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TIBX 8.76 TIBCO Ranked Best BPM Solution by Waters Magazine for Fourth Consecutive Year
Overwhelming Number of Waters Magazine Readers Chose TIBCO as Best BPM Solution
Jun 27, 2007 9:00:00 AM

PALO ALTO, Calif., June 27 /PRNewswire-FirstCall/ -- TIBCO Software Inc. (Nasdaq: TIBX) today announced that, for the fourth consecutive year, TIBCO iProcess(TM) Suite was ranked the best solution in the Business Process Management (BPM) category in Waters Magazine's annual ranking of financial IT vendors. TIBCO received the most votes for Best BPM solution over IBM, BEA, as well as other software vendors.

"Financial services is a highly competitive landscape. The Waters Rankings celebrates exceptional achievement by solutions providers who deliver the tools and services our readers can't live without," said Phil Albinus, special projects editor, Waters. "TIBCO's fourth consecutive win in the category is both remarkable and telling: Waters readers regard TIBCO as the top provider for their business process management needs."

Waters Magazine is the leading publication covering the financial IT market. Relied on by financial technology professionals worldwide for focused, in-depth coverage of financial market data and technology, Waters conducts an annual survey of readers who cast their votes for their favorite tools and services in financial IT. Nearly 600 subscribers voted in this year's Rankings. The complete results of the 2007 Waters Rankings will be published in the July 2007 issue of Waters and will also be made available online via subscription at http://www.watersonline.com.

"Business processes are rarely static and nowhere is this more evident than in the global financial markets," said Ram Menon, executive vice president, Worldwide Marketing, TIBCO. "This vote of confidence from Waters readers, for the fourth year running, reinforces TIBCO's ongoing commitment to providing the financial services sector with proven, robust solutions that meet their dynamic needs."

About Waters

Each month, Waters reports and analyzes the business reasons for and practical implementation of financial technology in the capital markets and securities industry. Since its launch in 1993, securities industry professionals worldwide have relied on the magazine for its focused, in-depth coverage surrounding the confluence of business and technology in market data, trading & risk technology and infrastructure as well as the human issues of talent management, staff retention and compensation within the financial services community. With more than 10,100 subscribers around the world, Waters' readers enjoy the insights of CIOs and CTOs from the global markets. The magazine also releases the electronic newsletter WatersNews each Tuesday to more than 14,000 industry professionals and it sponsors conferences in New York, London, and Singapore plus briefings, and training courses in many of the world's financial centers. For more information, visit http://www.watersonline.com.

About TIBCO

TIBCO Software Inc. (Nasdaq: TIBX) provides enterprise software that helps companies achieve service-oriented architecture (SOA) and business process management (BPM) success. With over 3,000 customers, TIBCO has given leading organizations around the world better awareness and agility-what TIBCO calls The Power of Now(R). To learn more, contact TIBCO at [phone] or on the Web at http://www.tibco.com.

TIBCO, The Power of Now, TIBCO iProcess, 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.

SOURCE TIBCO Software Inc.

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Jenna Kuhl of TIBCO Software Inc.
[phone]
[e-mail]; or Bill Bourdon of Bateman Group
[phone]
[e-mail]
for TIBCO Software Inc.