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BackWeb, TIBCO Announce Strategic Partnership, Product IntegrationBackWeb Joins IP Multicast InitiativeSAN DIEGO, (April 28, 1997) -- BackWeb Technologies, a leading push/pull Internet broadcasting company, and TIBCO, Inc., announced a strategic partnership and plans for product integration at Internet Showcase here today. The partnership will involve integration of the TIB (The Information Bus) technology into BackWeb's client/server software to enable true personalized Internet multicasting. BackWeb also announced its membership in the IP Multicast Initiative, a multi-vendor cooperative effort to promote the deployment of industry-standard IP Multicast technology. BackWeb is the first Internet push vendor to become a member. BackWeb's server software integrated with the TIBCO technology will be available from both companies as part of a joint sales arrangement. A preview version of the software will be available in August and will ship in final version this fall. Pricing for the BackWeb/TIBCO server software will be announced at time of shipment. "BackWeb is already recognized as one of the most robust push platforms, and their integration of our TIB technology into their client/sever software gives both companies access to a new customer set," said Vivek Ranadive, chairman and CEO of TIBCO. "Customers in the financial industry are particularly interested in the combined capabilities of the two technologies, and we look forward to working with BackWeb to address their needs." "Combining the BackWeb and TIBCO technologies will give BackWeb channel providers a high-performance enterprise push solution, where efficient real-time delivery of rich multimedia content and scalability to tens of thousands of users is critical," said Eli Barkat, CEO of BackWeb Technologies. "We are also creating a unique solution for targeted, enterprise-wide software deployment with minimal impact on network bandwidth, which is very exciting to both companies' corporate customers." BackWeb Joins IP Multicast Initiative About TIBCO Based in Palo Alto, California, TIBCO operates as an independent division of Reuters Holdings PLC, one of the world's largest news and information companies. With more than 400 customers worldwide, TIBCO sells distributed systems to the commercial marketplace including manufacturing and telecommunications businesses, and is a premier supplier of digital trading systems and integration technologies to financial services firms worldwide. For more information contact TIBCO at (415) 846-5000, or at www.tibco.com. About BackWeb Technologies Statements in this news release, which are not purely historical, are forward-looking statements within the meaning of the U.S. Securities laws, including statements of beliefs, plans, expectations or intentions regarding the future. Examples of these statements include, but are not limited to, the ability of BackWeb software to allow customers to gain mobile, disconnected use of their portals and help increase field sales and field service productivity, the integration of BackWeb software with BEA products will help developers extend portal applications for offline use without changing the way they work, and the ability of the resulting applications to help field sales and service organizations realize maximum productivity, cost savings, and process acceleration gains while disconnected from the network. Actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include unforeseen technological issues related to use of the BackWeb software, deployment issues related to implementation, unforeseen software errors, competitive factors and business and expense factors that may affect the perceived efficiencies from use of BackWeb's products, and the risks and uncertainties detailed from time to time in BackWeb's periodic reports and registration statements filed with the U.S. Securities and Exchange Commission. BackWeb assumes no obligation to update any forward-looking statements contained in this press release. © 2004 BackWeb Technologies Ltd. All rights reserved. BackWeb and Polite are registered trademarks of BackWeb Technologies. All other trademarks are property of their respective owners.
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